BZQ
UltraShort MSCI Brazil Capped
Investment Objective
ProShares UltraShort MSCI Brazil Capped seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the MSCI Brazil 25/50 Index®.
Documents & Downloads
You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)
Performance
Daily Return during Q3 2023
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.
Total Return
Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
---|---|---|---|---|---|---|---|---|---|---|
BZQ Market Price | 19.32% | -18.84% | -29.48% | -28.76% | -37.14% | -38.15% | -42.24% | -34.14% | -30.09% | 06/16/2009 |
BZQ NAV | 19.85% | -18.44% | -29.21% | -28.39% | -36.87% | -38.00% | -42.20% | -34.11% | -30.07% | 06/16/2009 |
Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
---|---|---|---|---|---|---|---|---|---|---|
BZQ Market Price | -25.24% | -33.59% | -34.38% | -34.38% | -55.53% | -42.30% | -44.07% | -34.46% | -30.79% | 06/16/2009 |
BZQ NAV | -25.23% | -33.68% | -34.35% | -34.35% | -55.54% | -42.34% | -44.07% | -34.47% | -30.80% | 06/16/2009 |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.
About the Fund
Snapshot
- Ticker BZQ
- Intraday Ticker BZQ.IV
- CUSIP 74347G283
- Inception Date 6/16/09
- Gross Expense Ratio 1.60%
- Net Expense Ratio 0.95%*
- NAV Calculation Time 4:00 p.m. ET
- Distributions Quarterly
Price
as of 9/29/2023- NAV $14.36
- NAV Change $-0.20
- Market Price $14.33
- Market Price Change $-0.19
- Trading Volume (M) 27,648
- 30-Day Median Bid Ask Spread 0.22%
- View Premium / Discount
Snapshot
- Ticker BZQ
- Intraday Ticker BZQ.IV
- CUSIP 74347G283
- Inception Date 6/16/09
- Expense Ratio 0.95%*
- Gross Expense Ratio 1.60%
- NAV Calculation Time 4:00 p.m. ET
- Distributions Quarterly
Price
as of 9/29/2023- NAV $14.36
- NAV Change $-0.20
- Market Price $14.33
- Market Price Change $-0.19
- Trading Volume (M) 27,648
- 30-Day Median Bid Ask Spread 0.22%
- View Premium / Discount
The expense ratio above has a contractual waiver ending 9/30/23.
Exposures
Index as of 6/30/2023
Holdings
as of 9/29/2023
Exposure Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
---|---|---|---|---|---|---|
-- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $9,814,932.06 | 9,814,932 | -- |
-13.47% | -- | ISHARES MSCI BRAZIL CAPPED (EWZ) SWAP BANK OF AMERICA NA | -1,321,626 | -- | -1,295 | -- |
-18.29% | -- | ISHARES MSCI BRAZIL CAPPED (EWZ) SWAP MORGAN STANLEY & CO. INTERNATIONAL PLC | -1,795,341 | -- | -1,759 | -- |
-21.96% | -- | ISHARES MSCI BRAZIL CAPPED (EWZ) SWAP GOLDMAN SACHS INTERNATIONAL | -2,155,634 | -- | -2,112 | -- |
-24.84% | -- | ISHARES MSCI BRAZIL CAPPED (EWZ) SWAP SOCIETE GENERALE | -2,438,357 | -- | -2,389 | -- |
-49.93% | -- | ISHARES MSCI BRAZIL CAPPED (EWZ) SWAP UBS AG | -4,900,189 | -- | -4,801 | -- |
-70.92% | -- | ISHARES MSCI BRAZIL CAPPED (EWZ) SWAP CITIBANK NA | -6,960,901 | -- | -6,820 | -- |
Index
as of 6/30/2023
- Total Number of Companies47
- Price/Earnings Ratio6.227
- Price/Book Ratio1.519
- Dividend Yield ( % )10.90
- Avg. Index Market Capitalization$7.88 billion
About the 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.
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.
Distributions
For
- 2023
- 2022
- 2020
- 2019
- 2018
Ex-Dividend Date | Record Date | Payable Date | Dividend | Long-Term Capital Gain | Short-Term Capital Gain | Return of Capital |
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