ProShares - UltraShort MSCI EAFE

Frequently Asked Questions About EFU

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 8.34%. This is the annual fee deducted from fund assets to cover management and operations.

How big is EFU?

ProShares - UltraShort MSCI EAFE (EFU) manages $1.2M 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 8.34%) 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.