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YCSProShares UltraShort Yen

Take a bet17y track recordRanked #299 of 775 in this goal

By ProShares · Launched 2008

Annual Cost

0.98%

#4,853 of 5,562 · expensive

Fund Size

$30M

#4,068 of 5,562 · small

Return (1Y)Goal

+32.5%

Track Record

17 years

#635 of 5,562 · established

Performance

Total-return NAV · USD
Growth of $10,000
$14,106+41.1%

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

Classification

How Beacon categorizes this fund

Asset class

Equity

Strategy

Inverse

What it actually holds

By weight

Concentration

Top 1 holdings = 23.7% of fundwell diversified

ProShares GENIUS Money Market ETFIQMM
23.7%

Asset allocation

Cash
100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
17.0%Moderate

Year-on-year price swings

Max drawdown
-27.3%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
0.82Decent risk-adjusted returns
Sortino (3Y)
1.13Good downside protection

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Strategy
To achieve its investment objective, the ProShares UltraShort Yen primarily invests in financial instruments such as futures contracts, swap agreements, and other derivatives that provide inverse exposure to the Japanese yen, aiming to deliver returns that are approximately double the inverse of the yen's performance against the U.S. dollar on a daily basis.
Inception date
November 24, 2008
Fund family
ProShares

Our take

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

Inverse
Warning

Inverse ETF — daily tool only

Delivers the inverse of the benchmark's daily return. The compounding path makes multi-day holding unpredictable even when the benchmark's total move goes your way. Legitimate as a one-day hedge; dangerous as a view.

Source: Cheng & Madhavan (2009)

Why we flagged this: strategy=inverse + inverse_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