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ProShares Ultra MSCI EAFE

EFO
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 02 2009
Expense Ratio
0.95%
Type
Global Ex. US Equities
Fund Owner
ProShares
Volume (1m avg. daily)
$287,657
AUM
$11,685,285
Associated Index
MSCI EAFE Index
Inverse/Leveraged
Leveraged (2x)
Passive/Active
Passive
Dividend
No
Prospectus

Top 10 Holdings

n/a
Net Other Assets (Liabilities)
100.00%
n/a
Derivatives offset
-199.95%
Invest with EFO

What is EFO?

ProShares Ultra MSCI EAFE seeks daily investment results before fees and expenses that correspond to twice (200%) the daily performance of the MSCI EAFE Index.

ETFs related toEFO

ETFs correlated to EFO include BBIN, EFA, IEFA

EFO
ProShares Trust - ProShares Ultra MSCI EAFE 2x Shares
BBIN
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders International Equity ETF
EFA
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE ETF
IEFA
BlackRock Institutional Trust Company N.A. - iShares Core MSCI EAFE ETF
ESGD
iShares Trust - iShares Trust iShares ESG Aware MSCI EAFE ETF
BKIE
BNY Mellon ETF Trust - BNY Mellon International Equity ETF
IDEV
iShares Trust - iShares Core MSCI International Developed Markets ETF
SCHF
Schwab Strategic Trust - Schwab International Equity ETF
VEA
Vanguard Group, Inc. - Vanguard FTSE Developed Markets ETF
SPDW
SSgA Active Trust - SPDR Portfolio Developed World ex-US ETF
GSID
Goldman Sachs ETF Trust - Goldman Sachs MarketBeta International Equity ETF

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.

Automated Strategies
Related toEFO

#GLOMO

On Top of the World: Global Momentum

Category

Momentum, Lever Up, Go Global

Risk Rating

Moderate

Can contain

EFOVEA
#TSMO

Treasury and Stock Momentum

Category

Momentum, Be Risk Aware

Risk Rating

Aggressive

Can contain

EFOEFA

Create your own algorithmic trading strategy with EFO using Composer

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data 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 provider. Information 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.