- What does EFU invest in?
- The ProShares UltraShort MSCI EAFE fund is designed to deliver daily returns equivalent to negative two times (-2x) the daily movements of the MSCI EAFE Index. This objective is pursued without accounting for associated fees and expenses.
- What is the expense ratio of EFU?
- ProShares - UltraShort MSCI EAFE (EFU) charges an expense ratio of 7.29%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is EFU?
- ProShares - UltraShort MSCI EAFE (EFU) manages $1.1M 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 EFU actively managed or an index fund?
- EFU 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 (EFU's is 7.29%) because there's no security selection cost.
- When was EFU launched?
- ProShares - UltraShort MSCI EAFE (EFU) launched in October 2007 and is managed by ProShares.
- How has EFU performed?
- EFU'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.
