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ProShares Ultra MSCI Japan

EZJ
$--
Today’s Change
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Snapshot
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Inception Date
Jun 02 2009
Expense Ratio
1.15%
Type
Global Ex. US Equities
Fund Owner
ProShares
Volume (1m avg. daily)
$188,390
AUM
$7,491,110
Associated Index
MSCI Japan Index
Inverse/Leveraged
Leveraged (2x)
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

n/a
Net Other Assets (Liabilities)
61.85%
EWJ
BlackRock Institutional Trust Company N.A. - iShares MSCI Japan ETF
38.15%
n/a
Derivatives offset
-161.98%
Invest with EZJ

What is EZJ?

ProShares Ultra MSCI Japan seeks daily investment results before fees and expenses that correspond to twice (200%) the daily performance of the MSCI Japan Index.

ETFs related toEZJ

ETFs correlated to EZJ include EWJ, BBJP, FLJP

EZJ
ProShares Trust - ProShares Ultra MSCI Japan 2x Shares
EWJ
BlackRock Institutional Trust Company N.A. - iShares MSCI Japan ETF
BBJP
J.P.Morgan Investment Management Inc. - JPMorgan BetaBuilders Japan ETF
FLJP
Franklin Templeton ETF Trust - Franklin FTSE Japan ETF
IPAC
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Pacific ETF
VPL
Vanguard Group, Inc. - Vanguard FTSE Pacific ETF
SCJ
BlackRock Institutional Trust Company N.A. - iShares MSCI Japan Small-Cap ETF
EWJV
iShares Trust - iShares MSCI Japan Value ETF
DFJ
WisdomTree Trust - WisdomTree Japan SmallCap Dividend Fund
GWX
SSgA Active Trust - SPDR S&P International Small Cap ETF
FNDC
Schwab Strategic Trust - Schwab Fundamental International Small Company Index ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toEZJ

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

#DRAG

Copy the Dragon Portfolio

Category

Go Global, Copy the Greats

Risk Rating

Aggressive

Create your own algorithmic trading strategy with EZJ using Composer

FAQ

EZJ is a Global Ex. US Equities ETF. ProShares Ultra MSCI Japan seeks daily investment results before fees and expenses that correspond to twice (200%) the daily performance of the MSCI Japan Index.

EZJ tracks the MSCI Japan Index.

No, EZJ is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, EZJ is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on EZJ is 0.0609%. This is the percent change in the value of EZJ over the most recent 1-month period. The 3-month return on EZJ is 0.0032%. This is the percent change in the value of EZJ over the most recent 3-month period.

The standard deviation of EZJ for the past year is 0.3401%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to EZJ include EWV, TQQQ, and SSO.

ETFs correlated to EZJ include EWJ, BBJP, and FLJP.

ETFs that are inversely correlated to EZJ include EFZ, EPV, and SH.

Yes, EZJ is a Leveraged (2x) ETF: This means that EZJ will try to match the performance of MSCI Japan Index, but with 2x the returns.

Yes, EZJ is a Leveraged (2x) leveraged ETF: This means that {characteristics.Identifier} will try to match the performance of MSCI Japan Index, but move 2x in the opposite direction.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.