EWV:ARCA-ProShares UltraShort MSCI Japan (USD)

ETF | Trading--Inverse Equity | NYSE Arca

Last Closing

USD 11.278

Change

+0.08 (+0.68)%

Market Cap

USD 0.01B

Volume

0.04M

Analyst Target

N/A
Analyst Rating

Verdict

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: 2024-04-18 )

Largest Industry Peers for Trading--Inverse Equity

Symbol Name Mer Price(Change) Market Cap
SH ProShares Short S&P500 0.89 %

+0.06 (+0.48%)

USD 1.04B
SPXU ProShares UltraPro Short S&P50.. 0.91 %

+0.36 (+0.98%)

USD 0.67B
SOXS Direxion Daily Semiconductor B.. 0.97 %

+3.66 (+10.01%)

USD 0.65B
SDS ProShares UltraShort S&P500 0.89 %

+0.20 (+0.74%)

USD 0.60B
PSQ ProShares Short QQQ 0.95 %

+0.35 (+0.76%)

USD 0.58B
SPXS Direxion Daily S&P 500® Bear .. 0.95 %

+0.11 (+1.10%)

USD 0.53B
TZA Direxion Daily Small Cap Bear .. 0.95 %

-0.18 (-0.87%)

USD 0.53B
SDOW ProShares UltraPro Short Dow30 0.95 %

-0.08 (-0.43%)

USD 0.37B
QID ProShares UltraShort QQQ 0.95 %

+0.74 (+1.51%)

USD 0.29B
SPDN Direxion Daily S&P 500® Bear .. 0.45 %

+0.05 (+0.39%)

USD 0.21B

ETFs Containing EWV

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 -7.63% 34% F 22% F
Dividend Return 0.55% 9% A- 32% F
Total Return -7.08% 32% F 21% F
Trailing 12 Months  
Capital Gain -25.80% 41% F 11% F
Dividend Return 2.73% 15% F 41% F
Total Return -23.08% 39% F 11% F
Trailing 5 Years  
Capital Gain -60.61% 73% C 9% A-
Dividend Return 2.10% 47% F 6% D-
Total Return -58.50% 71% C- 7% C-
Average Annual (5 Year Horizon)  
Capital Gain -11.42% 21% F 8% B-
Dividend Return -10.95% 21% F 7% C-
Total Return 0.46% 8% B- 11% F
Risk Return Profile  
Volatility (Standard Deviation) 33.31% 73% C 33% F
Risk Adjusted Return -32.89% 23% F 11% F
Market Capitalization 0.01B 23% F 3% F

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:

There is nothing we particularly like

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.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.