EEVProShares UltraShort MSCI Emerging Markets
Seeks daily investment results that correspond to -2x the daily performance of the MSCI Emerging Markets Index.
By ProShares · Launched 2007
0.95%
#4,882 of 5,861 · expensive
$3M
#5,433 of 5,861 · small
-48.9%
18 years
#528 of 5,861 · established
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
synthetic exposure — holdings shown are derivatives collateral, not the fund's positions
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
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 in derivatives to achieve inverse leveraged exposure to large and mid-capitalization companies across 24 emerging market countries, targeting daily returns consistent with the Daily Target. The Fund rebalances daily to maintain its exposure to the Index.
- Inception date
- October 30, 2007
- Fund family
- ProShares
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
You can be right and still lose
This fund returns the opposite of its benchmark's daily move, then resets. Hold it longer and the daily compounding takes over: the market can move your way over a week and you still finish down. It works as a one-day hedge and nothing beyond that.
Sources: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
What's next?
You've looked at EEV. Save it to your watchlist to weigh it against other funds, then turn your shortlist into a portfolio.
Data updated on 2026-08-04