Get early access! Join the Twelve Data AI Assistant waitlist now.

PS5V

68.26000 EUR
1.06
1.58%
Last update Sep 4, 7:57 PM CEST
Market closed
Day range
67.58000
68.26000
Previous close
67.20000
Open
67.60000
Access this ETF data via API
Subscribe
ProShares Ultra FTSE Europe
68.26
1.06
1.58%

Overview

Description

ProShares Ultra FTSE Europe is an exchange-traded fund (ETF) designed to provide daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the FTSE Developed Europe All Cap Index. Its primary function is to offer investors a leveraged exposure to the stocks of developed European countries, enabling savvy market participants to potentially amplify their returns from shifts in the European equity markets. This ETF incorporates a wide range of sectors, including financial services, industrial goods, consumer products, and technology, which are critical to Europe's economic landscape. By leveraging financial instruments like derivatives, ProShares Ultra FTSE Europe seeks to magnify short-term movements in the market, making it a tactical tool for investors looking to capitalize on bullish sentiments across European equities. Its role in the financial market is to provide an accessible means for traders to enhance their portfolio's exposure to Europe, encompassing major economies like Germany, France, and the United Kingdom. Typically, this ETF attracts sophisticated investors who understand the risks of leverage and seek to utilize it for strategic asset allocation purposes.

About

Address
Phone
Website
Instrument type
ETF
Country
Germany
MIC code
XBER
Market closed

Exchange is currently closed
Main market opens in 34 minutes

07:25
00:00
08:00
20:00
23:59

Trading Hours (Monday - Friday):

Main market
08:00 - 20:00
All times are displayed in the Europe/Berlin timezone (CEST, UTC+02:00).