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ETFs

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)
$115,450
AUM
$8,382,352
Associated Index
MSCI EAFE Index
Inverse/Leveraged
Leveraged (2x)
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
Net Other Assets (Liabilities)
100.00%
n/a
Derivatives offset
-200.27%
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 EFA, ESGD, IEFA

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

#DB

Diversification at its Best

Category

Tactical Asset Allocation, Be Risk Aware, Diversification

Risk Rating

Moderate

#PTI

Pick the Trending Index

Category

Momentum, Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

Create your own algorithmic trading strategy with EFO using Composer

FAQ

EFO is a Global Ex. US Equities ETF. 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.

EFO tracks the MSCI EAFE Index.

No, EFO is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, EFO is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on EFO is -0.0153%. This is the percent change in the value of EFO over the most recent 1-month period. The 3-month return on EFO is -0.068%. This is the percent change in the value of EFO over the most recent 3-month period.

The standard deviation of EFO for the past year is 0.3473%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to EFO include EFU, TQQQ, and SSO.

ETFs correlated to EFO include EFA, ESGD, and IEFA.

ETFs that are inversely correlated to EFO include EFZ, EPV, and SH.

Yes, EFO is a Leveraged (2x) ETF: This means that EFO will try to match the performance of MSCI EAFE Index, but with 2x the returns.

Yes, EFO is a Leveraged (2x) leveraged ETF: This means that {characteristics.Identifier} will try to match the performance of MSCI EAFE Index, but move 2x in the opposite direction.

Disclaimers

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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.