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 1.44%. This is the annual fee deducted from fund assets to cover management and operations.

How big is EFZ?

ProShares - Short MSCI EAFE (EFZ) manages $12.2M 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 1.44%) 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.