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ETFs

ProShares Ultra MSCI Brazil Capped

UBR
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 27 2010
Expense Ratio
0.95%
Type
Global Ex. US Equities
Fund Owner
ProShares
Volume (1m avg. daily)
$31,290
AUM
$3,593,935
Associated Index
MSCI Brazil 25/50 Index
Inverse/Leveraged
Leveraged (2x)
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
Net Other Assets (Liabilities)
100.00%
n/a
Derivatives offset
-200.00%
Invest with UBR

What is UBR?

ProShares Ultra MSCI Brazil Capped seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the MSCI Brazil 25/50 Index. The MSCI Brazil 25/50 Index is a free-float-adjusted, market capitalization weighted index that is designed to measure the equity market performance of the Brazilian market. The Index is divided into large- and mid-cap segments and targets approximately 85% of free-float-adjusted market capitalization of the region.

ETFs related toUBR

ETFs correlated to UBR include EWZ, BRZU, FLBR

UBR
ProShares Trust - ProShares Ultra MSCI Brazil Capped ETF 2x Shares
EWZ
BlackRock Institutional Trust Company N.A. - iShares MSCI Brazil ETF
BRZU
Direxion Shares ETF Trust - Direxion Daily MSCI Brazil Bull 2X Shares
FLBR
Franklin Templeton ETF Trust - Franklin FTSE Brazil ETF
ILF
BlackRock Institutional Trust Company N.A. - iShares Latin America 40 ETF
DVYE
BlackRock Institutional Trust Company N.A. - iShares Emerging Markets Dividend ETF
FTRI
First Trust Exchange-Traded Fund III - First Trust Indxx Global Natural Resources Income ETF
SLX
VanEck ETF Trust - VanEck Steel ETF
DEM
WisdomTree Trust - WisdomTree Emerging Markets High Dividend Fund
PXH
Invesco Capital Management LLC - Invesco FTSE RAFI Emerging Markets ETF
JPEM
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return Emerging Markets 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 toUBR

#BORING

The Not Boring: Rising Rates with Vol Switch

Category

Community

Risk Rating

Aggressive

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with UBR using Composer

FAQ

UBR is a Global Ex. US Equities ETF. ProShares Ultra MSCI Brazil Capped seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the MSCI Brazil 25/50 Index. The MSCI Brazil 25/50 Index is a free-float-adjusted, market capitalization weighted index that is designed to measure the equity market performance of the Brazilian market. The Index is divided into large- and mid-cap segments and targets approximately 85% of free-float-adjusted market capitalization of the region.

UBR tracks the MSCI Brazil 25/50 Index.

No, UBR 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, UBR 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 UBR is -0.2076%. This is the percent change in the value of UBR over the most recent 1-month period. The 3-month return on UBR is -0.2036%. This is the percent change in the value of UBR over the most recent 3-month period.

The standard deviation of UBR for the past year is 0.7237%. 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 UBR include BZQ, SDS, and SH.

ETFs correlated to UBR include EWZ, BRZU, and FLBR.

ETFs that are inversely correlated to UBR include EDZ, EUM, and DUG.

Yes, UBR is a Leveraged (2x) ETF: This means that UBR will try to match the performance of MSCI Brazil 25/50 Index, but with 2x the returns.

Yes, UBR is a Leveraged (2x) leveraged ETF: This means that {characteristics.Identifier} will try to match the performance of MSCI Brazil 25/50 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.