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03OZ

11.26600 EUR
0.04
0.35%
Last update Jun 12, 7:41 PM CEST
Market closed
Day range
11.24200
11.47200
Previous close
11.30600
Open
11.34800
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ProShares UltraShort MSCI Emerging Markets
11.27
0.04
0.35%

Overview

Description

ProShares UltraShort MSCI Emerging Markets is an exchange-traded fund (ETF) designed specifically to provide investors with the opportunity to benefit from declining prices in emerging market equities. This leveraged ETF aims to deliver twice the inverse (or opposite) of the daily performance of the MSCI Emerging Markets Index, which covers a diverse range of companies from the developing regions of the world. Emerging markets often include countries with economies that are in the process of rapid growth and industrialization, such as China, Brazil, and India. This ETF attracts those with the strategic goal of hedging or taking a short position against the comprehensive spectrum of emerging market equities without directly engaging in short selling practices. It is comprised of several financial instruments, including derivatives like swaps and futures contracts, to achieve its leveraged inverse outcomes. In terms of market significance, ProShares UltraShort MSCI Emerging Markets offers investors a tool for managing risk, with the potential to profit from downturns in emerging markets, making it instrumental for portfolio diversification and tactical asset allocation strategies.

About

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

Exchange is currently closed
Main market opens in 3 hours 48 minutes

04:11
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).