Key stats
About ProShares UltraShort MSCI Emerging Markets
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Inception date
Oct 30, 2007
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
EEV is effectively a one-day bet against the MSCI Emerging Markets index. The fund offers daily -200% exposure to the index, which covers roughly 85% of the market cap in the emerging-markets universe. Note that it's also covering South Korea and Taiwan, which some investors may not consider emerging markets. As with all daily leveraged and inverse products, EEV is designed as a trading vehicle, not as part of a longer-term asset allocation. In fact, anyone holding the fund for more than a day must adjust their exposure daily in order to avoid the effects of path dependency and positional decay. As a tactical short-term trading vehicle, trading costs weigh more impact than the expense ratio.
Classification
What's in the fund
Exposure type
Cash
Government
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
EEV trades at 13.56 USD today, its price has fallen −0.62% in the past 24 hours. Track more dynamics on EEV price chart.
EEV net asset value is 13.55 today — it's fallen 5.98% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
EEV assets under management is 4.21 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
EEV price has fallen by −8.39% over the last month, and its yearly performance shows a −24.97% decrease. See more dynamics on EEV price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −5.98% over the last month, showed a −12.24% decrease in three-month performance and has decreased by −22.03% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −5.98% over the last month, showed a −12.24% decrease in three-month performance and has decreased by −22.03% in a year.
EEV fund flows account for 336.34 K USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
EEV invests in cash. See more details in our Analysis section.
EEV expense ratio is 0.95%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
EEV is an inverse fund, meaning it's structured to generate returns opposite to the trends of the underlying index or assets.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, EEV technical analysis shows the strong sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating EEV shows the strong sell signal. See more of EEV technicals for a more comprehensive analysis.
Today, EEV technical analysis shows the strong sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating EEV shows the strong sell signal. See more of EEV technicals for a more comprehensive analysis.
Yes, EEV pays dividends to its holders with the dividend yield of 5.48%.
EEV trades at a premium (0.09%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
EEV shares are issued by ProShare Advisors LLC
EEV follows the MSCI EM (Emerging Markets). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 30, 2007.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.