EWV:ARCA-ProShares UltraShort MSCI Japan (USD)

ETF | Trading--Inverse Equity | NYSE Arca

Last Closing

USD 10.5286

Change

-0.31 (-2.87)%

Market Cap

USD 0.01B

Volume

0.05M

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: 2024-05-03 )

Largest Industry Peers for Trading--Inverse Equity

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

-0.01 (-0.08%)

USD 0.98B
SOXS Direxion Daily Semiconductor B.. 0.97 %

+0.48 (+1.64%)

USD 0.70B
SPXU ProShares UltraPro Short S&P50.. 0.91 %

-0.13 (-0.41%)

USD 0.60B
PSQ ProShares Short QQQ 0.95 %

+0.04 (+0.09%)

USD 0.55B
SDS ProShares UltraShort S&P500 0.89 %

-0.06 (-0.24%)

USD 0.55B
SPXS Direxion Daily S&P 500® Bear .. 0.95 %

-0.04 (-0.47%)

USD 0.52B
TZA Direxion Daily Small Cap Bear .. 0.95 %

-0.03 (-0.17%)

USD 0.39B
SDOW ProShares UltraPro Short Dow30 0.95 %

-0.15 (-0.95%)

USD 0.30B
QID ProShares UltraShort QQQ 0.95 %

+0.07 (+0.16%)

USD 0.26B
SPDN Direxion Daily S&P 500® Bear .. 0.45 %

-0.03 (-0.25%)

USD 0.19B

ETFs Containing EWV

GHEE Goose Hollow Enhanced Equ.. 6.70 % 0.00 %

+0.09 (+0.32%)

USD 3.19M

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 -13.77% 36% F 11% F
Dividend Return 0.55% 9% A- 30% F
Total Return -13.22% 36% F 11% F
Trailing 12 Months  
Capital Gain -28.72% 48% F 8% B-
Dividend Return 2.81% 19% F 41% F
Total Return -25.91% 48% F 8% B-
Trailing 5 Years  
Capital Gain -62.50% 73% C 8% B-
Dividend Return 2.15% 45% F 7% C-
Total Return -60.36% 71% C- 7% C-
Average Annual (5 Year Horizon)  
Capital Gain -11.79% 21% F 8% B-
Dividend Return -11.30% 20% F 7% C-
Total Return 0.50% 9% A- 12% F
Risk Return Profile  
Volatility (Standard Deviation) 33.32% 73% C 32% F
Risk Adjusted Return -33.91% 25% 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.