EWV ETF Provides Double the Inverse Yield on Japanese Equities

ProShares UltraShort MSCI Japan (EWV ETF) It provides twice the inverse exposure to the MSCI Japan Index, which covers approximately 85% of the free-floating-adjusted market capitalization of the Japanese stock market. ProShares UltraShort MSCI Japan (EWV ETF)NYSEArca, traded on NYSEArca, is a dividend ETF. This exchange-traded fund comes with an annual management cost of 0.95 percent.

EWV Factset Analytics Insight

EWV provides twice inverted exposure for MSCI Japan The index, which aims to capture the vast Japanese stock market. The core index consists of large and medium-sized Japanese companies weighted by market, which cover about 85% of the Japanese investment world. The fund achieves leverage mainly through the use of swap agreements.

As a focused product with daily resets, EWV is not a buy and hold investment and should not be expected to provide returns for the index longer than a one-day period. EWV is the reverse version of the sister fund EZJ, giving a long exposure twice as long for the same index. On the other hand, exposure without indebtedness can be achieved through iShares EWJ.

investment objectives

ProShares UltraShort MSCI Japan seeks daily investment results, before fees and expenses, which are twice the opposite (-2x) of the daily development of the MSCI Japan Index®.

Important considerations

This short ProShares ETF strives for a return equal to twice the return of its underlying benchmark index (target) for one day, measured from the NAV calculation to the next day.

Due to the composition of daily returns, holding periods longer than 1 day can result in returns that differ significantly from target return, and ProShares returns over non-day periods are likely to differ in quantity and possibly direction from target return. for the same period. These effects may be more pronounced in funds with larger or inverse multiples and in funds with fluctuating parameters.

Investors should monitor their holdings frequently on a daily basis. Investors should refer to the prospectus for more information on calculating the return and risks of investing in this product.

Common Uses of Reverse Exposure

Try to take advantage of the market downturn

Help protect against expected shrinkage

Under-exposure to the market segment

Fund Summary

The Fund invests in financial instruments that ProShare Advisors believes collectively should provide a daily return in accordance with the investment objectives of the Fund. The index adjusts the market value of the free-floating-adjusted index components and targets for inclusion of the index at 85% of the free-floating-adjusted market capitalization of Japan. The fund is not diversified.

Trading EWV ETF

ProShares UltraShort MSCI Japan (EWV ETF) Only available for purchase in the United States. For this reason, it is not available in Swedish online brokers. CMC . Markets However, trade progress in EWV ETF.

also AvaTrade Trade offers with ProShares UltraShort MSCI Japan (EWV ETF) In the form of contracts for difference. to AvaTrade.

also IG However, trade progresses in ProShares UltraShort MSCI Japan (EWV ETF). Until IGs ETF Checker.

Leave a Reply

Your email address will not be published. Required fields are marked *