UltraShort MSCI Japan - EWV UltraShort MSCI Japan

ProShares UltraShort MSCI Japan seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the MSCI Japan Index®.

Because the value of the index is not computed as of the close of the U.S. securities markets due to differences in trading hours between U.S. and foreign markets, correlation to the index will be measured by comparing the daily change in the fund's net asset value per share to the performance of one or more U.S. exchange traded securities or instruments that reflect the values of the securities underlying the index as of the close of the U.S. securities markets.

This short ProShares ETF seeks a return that is -2x the return of its underlying benchmark (target) for a single day, as measured from one NAV calculation to the next. Due to the compounding of daily returns, ProShares' returns over periods other than one day will likely differ in amount and possibly direction from the target return for the same period. These effects may be more pronounced in funds with larger or inverse multiples and in funds with volatile benchmarks. Investors should monitor their holdings as frequently as daily. For more on risks, please read the prospectus.

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Fund Snapshot

Ticker EWV
Intraday Ticker EWV.IV
CUSIP 74348A459
Inception Date 11/6/07
Expense Ratio * 0.95%
NAV Calculation Time 4:00 p.m. ET
Distributions Quarterly

* With Contractual Waiver ending 9/30/19.

Price Information as of 12/11/18

NAV $31.89
NAV Change $0.05
Market Price Closing $31.77
Market Price Closing Change -$0.00
Daily Trading Volume 5,608

Performance

EWV Performance Chart

Chart data from Thomson Reuters. Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded. Data is delayed at least 15 minutes.