UltraShort MSCI Mexico Capped IMI - SMK UltraShort MSCI Mexico Capped IMI

ProShares UltraShort MSCI Mexico Capped IMI seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the MSCI Mexico IMI 25/50 Index®.

This Short ProShares ETF seeks a return that is -2x the return of an index or other 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 consistent with their strategies, as frequently as daily. For more on correlation, leverage and other risks, please read the prospectus.

  • Considerations for Geared Investing – Learn More
  • Learn more about measuring international fund correlation versus the index.

Fund Snapshot

Ticker SMK
Intraday Ticker SMK.IV
CUSIP 74347X179
Inception Date 6/16/09
Expense Ratio * 0.95%
NAV Calculation Time 4:00 p.m. ET
Distributions Quarterly
* With Contractual Waiver for 10/1/15 to 9/30/17.

Price Information as of 9/29/16

NAV $24.95
NAV Change $0.80
Market Price Closing $24.19
Market Price Closing Change $0.00
Daily Trading Volume 11