ProShares - UltraShort MSCI Brazil Capped

Frequently Asked Questions About BZQ

What does BZQ invest in?

The ProShares UltraShort MSCI Brazil Capped fund is designed to deliver daily investment returns that are twice the opposite of the MSCI Brazil 25/50 Index's single-day performance. This target is calculated before any management fees or operating expenses are subtracted.

What is the expense ratio of BZQ?

ProShares - UltraShort MSCI Brazil Capped (BZQ) charges an expense ratio of 1.99%. This is the annual fee deducted from fund assets to cover management and operations.

How big is BZQ?

ProShares - UltraShort MSCI Brazil Capped (BZQ) manages $2.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is BZQ actively managed or an index fund?

BZQ is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (BZQ's is 1.99%) because there's no security selection cost.

When was BZQ launched?

ProShares - UltraShort MSCI Brazil Capped (BZQ) launched in June 2009 and is managed by ProShares.

How has BZQ performed?

BZQ's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.