Key stats
About ProShares UltraShort MSCI EAFE
Home page
Inception date
Oct 23, 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.
EFU provides daily geared inverse -2x exposure to the MSCI EAFE Index by holding swaps on the iShares MSCI EAFE ETF (EFA). The fund is designed to appreciate when the index falls. However due to the daily reset feature, investors shouldn't expect the return and leverage factor to remain consistent for more than a single day, meaning this is really a tactical tool rather than something to be held long-term. That also means that trading costs matter much more here than fees. The underlying index tends to have concentrated exposures to Japan and the UK (over 40% combined), making EFU a leveraged bet against Japan and the UK at its core. In addition, it is important to note that the value of the underlying index is not calculated as of the close of the US equity markets, due the difference in trading hours between US and foreign markets. It is important to understand these differences and the risks before investing.
Related funds
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.
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.
EFU trades at 10.75 USD today, its price has risen 0.12% in the past 24 hours. Track more dynamics on EFU price chart.
EFU net asset value is 10.74 today — it's fallen 3.94% 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.
EFU assets under management is 1.01 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.
EFU price has fallen by −3.75% over the last month, and its yearly performance shows a −28.43% decrease. See more dynamics on EFU price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −3.94% over the last month, showed a −24.69% decrease in three-month performance and has decreased by −26.51% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −3.94% over the last month, showed a −24.69% decrease in three-month performance and has decreased by −26.51% in a year.
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.
EFU invests in cash. See more details in our Analysis section.
EFU 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.
EFU 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, EFU technical analysis shows the 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 EFU shows the sell signal. See more of EFU technicals for a more comprehensive analysis.
Today, EFU technical analysis shows the 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 EFU shows the sell signal. See more of EFU technicals for a more comprehensive analysis.
Yes, EFU pays dividends to its holders with the dividend yield of 4.07%.
EFU trades at a premium (0.07%).
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.
EFU shares are issued by ProShare Advisors LLC
EFU follows the MSCI EAFE. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 23, 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.