ProShares Ultra MSCI Pacific ex-JapanTicker Symbol: UXJ
Name of ETF: ProShares Ultra MSCI Pacific ex-Japan
Benchmark Index: MSCI Pacific ex-Japan Index
Ticker Symbol: UXJ
Types of Companies Included: Large and mid-cap companies from the Pacific region. It should be noted that companies from Australia and companies from the financial sector represent a large percentage of the index.
Daily Target: 2x
Leveraged ETF: This ETF is a leveraged ETF which means the ETF attempts to produce daily returns above the benchmark index results based on a multiplier. In the case of this ETF, the multiplier is 2x (200%). This means the ETF is seeking a daily target equal to 200% of the benchmark index.
Leverage Risk: Leveraged ETFs are widely regarded as instruments for sophisticated investors only. Substantial losses can occur in a short period of time. Leveraged ETFs should only be used by experienced investors who understand leverage risk and are willing to monitor their positions.