EWV:ARCA-ProShares UltraShort MSCI Japan (USD)

ETF | Trading--Inverse Equity | NYSE Arca

Last Closing

USD 9.66

Change

+0.08 (+0.84)%

Market Cap

USD 0.01B

Volume

0.08M

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the MSCI Japan Index?. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index includes 85% of free-float adjusted, market capitalization in each industry group in Japan. The fund is non-diversified.

Inception Date: 06/11/2007

Primary Benchmark: MSCI Japan GR USD

Primary Index: S&P 500 TR USD

Gross Expense Ratio: 1.48%

Management Expense Ratio: 0.95 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-08-28 )

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FNGD MicroSectors FANG+ Index -3X I.. 0.00 %

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ETFs Containing EWV

GHEE 5.59 % 0.00 %

N/A

N/A

Market Performance

  Market Performance vs. Industry/Classification (Trading--Inverse Equity) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -20.88% 49% F 9% A-
Dividend Return 1.31% 11% F 33% F
Total Return -19.58% 44% F 9% A-
Trailing 12 Months  
Capital Gain -30.70% 42% F 7% C-
Dividend Return 2.93% 11% F 43% F
Total Return -27.77% 40% F 8% B-
Trailing 5 Years  
Capital Gain -67.25% 72% C 6% D-
Dividend Return 2.28% 57% F 6% D-
Total Return -64.97% 72% C 5% F
Average Annual (5 Year Horizon)  
Capital Gain -11.20% 23% F 7% C-
Dividend Return -10.50% 23% F 7% C-
Total Return 0.70% 13% F 16% F
Risk Return Profile  
Volatility (Standard Deviation) 34.64% 75% C 29% F
Risk Adjusted Return -30.31% 21% F 12% F
Market Capitalization 0.01B N/A N/A N/A N/A

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.