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EZJProShares Ultra MSCI Japan

Take a bet17y track recordRanked #631 of 949 in this goal

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

By ProShares · Launched 2009

Annual Cost

1.17%

#5,475 of 5,861 · expensive

Fund Size

$14M

#4,722 of 5,861 · small

Return (1Y)Goal

+53.3%

Track Record

17 years

#658 of 5,861 · established

Performance

Total-return NAV · USD
Growth of $10,000
$14,513+45.1%

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

What's inside

How Beacon categorizes this fund

Asset class

Equity

Strategy

Leveraged

Index tracked

MSCI Japan Index

What it actually holds

By weight

Concentration

synthetic exposure — holdings shown are derivatives collateral, not the fund's positions

ProShares GENIUS Money Market ETF
29.0%
iShares MSCI Japan ETF
20.6%
Repurchase Agreement
6.6%
Repurchase Agreement
3.3%
Repurchase Agreement
3.3%
N/A
2.5%
N/A
2.1%
Repurchase Agreement
2.0%
Repurchase Agreement
2.0%
N/A
1.8%

Asset allocation

Cash
53.1%
Stocks
34.4%
Other
12.4%

By sector

Technology
24.6%
Industrials
22.8%
Financial Services
17.7%
Consumer Cyclical
11.3%
Communication
8.1%
Healthcare
5.3%
Consumer Defensive
3.4%
Basic Materials
3.1%
Other
3.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
42.8%High

Year-on-year price swings

Max drawdown
-59.9%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.64Decent risk-adjusted returns
Sortino (3Y)
0.92Moderate downside risk

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results that correspond to 2x the daily performance of the MSCI Japan Index.
Strategy
Invests in financial instruments to achieve daily returns consistent with the Daily Target of 2x the MSCI Japan Index. Focuses on large and mid-cap segments of the Japanese market, using derivatives for leveraged exposure.
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

Your return drifts the longer you hold

Leverage amplifies the index's daily move, by 2x or 3x. The fund resets every day, so over weeks and months your real return drifts from that multiple. It can run ahead in a smooth climb and bleed in a choppy one. Hold one for months and you own a different bet than the label suggests.

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

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Data updated on 2026-08-04