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Beacon

EETProShares Ultra MSCI Emerging Markets

Take a bet17y track recordRanked #343 of 775 in this goal

Seeks daily investment results that correspond to 2x the daily performance of the MSCI Emerging Markets Index.

By ProShares · Launched 2009

Annual Cost

0.95%

#4,684 of 5,562 · expensive

Fund Size

$43M

#3,708 of 5,562 · mid-size

Return (1Y)Goal

+114.6%

Track Record

17 years

#670 of 5,562 · established

Performance

Total-return NAV · USD
Growth of $10,000
$22,472+124.7%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Emerging markets

Strategy

Leveraged

Index tracked

MSCI Emerging Markets Index

What it actually holds

By weight

Concentration

Top 10 holdings = 70.7% of fundconcentrated

Repurchase Agreement
18.4%
Repurchase Agreement
12.8%
Repurchase Agreement
11.1%
N/A
5.9%
N/A
4.8%
Repurchase Agreement
4.4%
Repurchase Agreement
4.4%
Repurchase Agreement
3.3%
Repurchase Agreement
3.3%
Repurchase Agreement
2.2%

Asset allocation

Cash
57.2%
Stocks
35.2%
Other
7.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
43.8%High

Year-on-year price swings

Max drawdown
-69.1%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.94Decent risk-adjusted returns
Sortino (3Y)
1.38Good downside protection

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results that correspond to 2x the daily performance of the MSCI Emerging Markets Index.
Strategy
Invests primarily in financial instruments to achieve 2x daily leveraged exposure to the MSCI Emerging Markets Index. The Fund aims to provide returns consistent with its daily target through a combination of derivatives and other financial instruments.
Inception date
June 2, 2009
Fund family
ProShares

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged
Warning

Leveraged ETF — not a long-term hold

This fund uses leverage to amplify daily returns (e.g. 2x or 3x of an index). Daily rebalancing creates volatility decay — over weeks and months, the fund's return drifts from the stated multiple. In trending markets with low realised volatility, leveraged index ETFs can outperform their nominal multiple; in sideways or volatile markets they bleed. Designed for short-term tactical use, not buy-and-hold.

Source: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)

Why we flagged this: strategy=leveraged + leveraged_name_or_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-19