Company Name:: ProShares UltraShort MSCI Mexico Investable Market
Benchmark Index: MSCI Mexico IMI 25/50 Index
Ticker Symbol: SMK
Types of Stocks Included in this ETF: Mid and large-sized companies from Mexico.
Short ETF: This ETF attempts to produce investment results in the opposite direction of the index. If the MSCI Mexico IMI 25/50 Index goes up, the ETF is designed to go down. If the MSCI Mexico IMI 25/50 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%).
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