Name of ETF: ProShares UltraShort MSCI Brazil
Benchmark Index: MSCI Brazil 25/50 Index
Ticker Symbol: BZQ
Types of Stocks Included in the Index: Large and mid-sized companies from Brazil.
Daily Target: -2x
Leveraged-Short ETF: This ETF allows investors to take a leveraged bearish position against the MSCI Brazil 25/50 Index. If the MSCI Brazil 25/50 Index goes down, this ETF is designed to go up twice the amount the index went down. Conversely, if the MSCI Brazil 25/50 Index goes up, this ETF is designed to go down twice the amount the index went up.
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