EWV

ProShares UltraShort MSCI Japan
*Unless otherwise stated, data provided by FactSet.

EWV Fund Description

EWV provides 2x inverse exposure to the MSCI Japan Index, which covers 85% of the float-adjusted market cap of the Japanese equity market.

EWV Factset Analytics Insight

EWV provides 2x inverse levered exposure to the MSCI Japan Index, which aims to capture the broad Japanese equities market. This is the inverse version of sister-fund EZJ, which provides 2x long exposure to the same index. Simple long exposure can be had through iShares’ EWJ. The fund achieves leverage primarily through the use of swap agreements, which carry counterparty risk. Like all levered funds, EWV tends to underperform in volatile markets if held for longer than its reset period, and is only suitable for short-term trading positions. EWV is pricey to trade at the retail level, with significant spreads and daily dollar volume on the small side. Large traders should fare better when working with a market maker, as indicated by EWV’s perfect block liquidity score. We see moderate closure risk due to EWV’s small asset base.

EWV Charts And Performance

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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Select ETFs to compare their performance:
PERFORMANCE [as of 10/18/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
EWV -2.40% -10.05% -23.89% -7.92% -14.17% -18.32% -18.53%
EWV (NAV) -2.54% -10.00% -23.90% -8.21% -14.25% -18.31% -18.57%
MSCI Japan Index 1.36% 6.15% 13.09% 2.20% 6.93% 7.91% -18.57%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

EWV Summary Data

ProShares
11/06/07
Open-Ended Fund
0.95%
$5.83M
0.32%

EWV Portfolio Data

0.27%
12/24/19

EWV Index Data

MSCI Japan Index
Market Cap
Market Cap
N/A

EWV Fund Structure

Yes
No
No Policy
N/A
N/A
High
-2
Daily

EWV Tax Exposures

20.00% / 39.60%
--
No
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

EWV Factset Analytics Block Liquidity

As of 10/21/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of EWV. EWV is rated a N/A out of 5.

EWV Tradability

7,275
$206.70K
3,432
$93.64K
0.32%
$0.09
-0.03%
1.11% / -0.79%
None
0.00%
25,000
0.14
0.04%
--
66
$26.03
N/A