ProShares - Short MSCI EAFE

Frequently Asked Questions About EFZ

What does EFZ invest in?

This ProShares fund is designed to generate daily returns that are precisely inverse (-1x) to the daily performance of the MSCI EAFE Index, prior to accounting for any charges and expenses.

What is the expense ratio of EFZ?

ProShares - Short MSCI EAFE (EFZ) charges an expense ratio of 1.70%. This is the annual fee deducted from fund assets to cover management and operations.

How big is EFZ?

ProShares - Short MSCI EAFE (EFZ) manages $9.2M 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 EFZ actively managed or an index fund?

EFZ 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 (EFZ's is 1.70%) because there's no security selection cost.

When was EFZ launched?

ProShares - Short MSCI EAFE (EFZ) launched in October 2007 and is managed by ProShares.

How has EFZ performed?

EFZ'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.