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ProShares Trust UltraShort MSCI Emerging Markets

EEV
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 30 2007
Expense Ratio
0.95%
Type
Global Ex. US Equities
Fund Owner
ProShares
Volume (1m avg. daily)
$271,942
AUM
$9,273,433
Associated Index
MSCI Emerging Markets Index
Inverse/Leveraged
Inverse (-2x)
Passive/Active
Passive
Dividend
No
Prospectus

Top 10 Holdings

n/a
Derivatives offset
200.19%
n/a
Net Other Assets (Liabilities)
100.00%
Invest with EEV

What is EEV?

ProShares UltraShort MSCI Emerging Markets seeks daily investment results before fees and expenses that correspond to twice (200%) the inverse (opposite) of the daily performance of the MSCI Emerging Markets Index.

ETFs related toEEV

ETFs correlated to EEV include CLOZ, EUM, EDZ

EEVProShares Trust - ProShares UltraShort MSCI Emerging Markets -2x Shares
CLOZSeries Portfolios Trust - Panagram BBB-B CLO ETF
Expense Ratio0.50%
Correlation (1yr)1.00
Return (3mo)0.00%
Volume (avg daily 1m)NaN
EUMProShares Trust - ProShares Short MSCI Emerging Markets -1x Shares
EDZDirexion Shares ETF Trust - Direxion Daily MSCI Emerging Markets Bear -3x Shares
YANGDirexion Shares ETF Trust - Direxion Daily FTSE China Bear -3X Shares
FXPProShares Trust - ProShares UltraShort FTSE China 50 -2x Shares
YXIProShares Trust - ProShares Short FTSE China 50 -1x Shares
EFZProShares Trust - ProShares Short MSCI EAFE -1X Shares
EFUProShares Trust - ProShares UltraShort MSCI EAFE -2x Shares
FNGDBank of Montreal - MicroSectors FANG+ Index -3X Inverse Leveraged ETNs
EPVProShares Trust - ProShares UltraShort FTSE Europe -2X Shares

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Disclaimers

*

We show information directly obtained from our data provider, XigniteData shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our providerInformation provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.