Name of ETF: ProShares UltraShort MSCI Japan
Benchmark Index: MSCI Japan Index
Ticker Symbol: EWV
Approximate Number of Stocks in this ETF: 310
Types of Stocks Included in this ETF: Large and mid-sized companies from countries throughout Japan.
Short ETF: This ETF attempts to produce investment results in the opposite direction of the index. If the MSCI Japan Index goes up, the ETF is designed to go down. If the MSCI Japan Index goes down, the ETF is designed to go up.
Leveraged ETF: This ETF is a leveraged ETF which means the ETF attempts to produce daily returns based on a multiplier. In the case of this ETF, the multiplier is -2x (-200%).
Related Links: