UltraShort MSCI Europe
ProShares UltraShort MSCI Europe seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of the MSCI Europe Index.
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Index/Benchmark Summary
The MSCI Europe Index is a free float-adjusted market capitalization-weighted index that is designed to measure the equity market performance of the developed markets in Europe. The Index is divided into largeand mid-cap segments and provides exhaustive coverage of these size segments by targeting around 85% of free float-adjusted market capitalization in the region. The Index consists of the following 16 developed market countries: Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom.
As of 1/31/10
Fundamentals
| Total Number of Companies |
Price/Earnings Ratio |
Price/Book Ratio |
Dividend Yield 1 (%) |
Average Index Market Capitalization |
|---|---|---|---|---|
| 463 | 18.66 | 1.73 | 3.24 | $14.76 billion |
1 = Derivative contracts are priced to reflect the underlying index yield and will not generate dividend income. Because ProShares invest in derivatives, they will not have dividend distributions that reflect those of their applicable indexes.
| Top 10 Index Companies 2 | Weight |
|---|---|
| HSBC Holdings (GB) | 2.90% |
| BP | 2.66% |
| Nestle | 2.46% |
| Total | 2.00% |
| Banco Santander | 1.98% |
| Vodafone Group | 1.79% |
| Roche Holding Genuss | 1.75% |
| Telefonica | 1.74% |
| Novartis | 1.69% |
| GlaxoSmithKline | 1.62% |
2 = ProShares may invest in equity securities and/or financial instruments (including derivatives) that in combination, should have similar daily price return characteristics to the fund's benchmark.
| Index Country Weightings 3 | Weight |
|---|---|
| United Kingdom | 32.31% |
| France | 16.51% |
| Germany | 12.09% |
| Switzerland | 11.50% |
| Spain | 6.87% |
| OTHER | 6.06% |
| Italy | 5.19% |
| Netherlands | 4.01% |
| Sweden | 3.78% |
| Finland | 1.68% |
3 = Sum of weightings may not equal 100% due to rounding.