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YCSProShares UltraShort Yen

Take a bet#240 of 761 for Take a bet

The ProShares UltraShort Yen seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Japanese yen relative to the U.S. dollar.

ProShares · Since 2008 (17 years)

Annual Cost

0.98%

#4628 out of 5,332 ETFs

Fund Size

$29M

#3839 out of 5,332 ETFs

Dividend Yield

0.00%

Track Record

17 years

#655 out of 5,332 ETFs

Performance

1 Year

+29.4%

3 Years

+22.2%

5 Years

+23.0%

What's inside

Asset class
Strategy
inverse

Asset allocation

Cash
100.0%

Top holdings

ProShares GENIUS Money Market ETFIQMM24.2%

Risk profile

Volatility (1Y)

19.2%

Moderate

Max drawdown

-27.3%

Worst peak-to-trough loss

Sharpe (3Y)

0.88

Decent risk-adjusted returns

Sortino (3Y)

1.22

Good downside protection

Similar ETFs

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

Data updated on 2026-05-05