ProShares - Short MSCI Emerging Markets

Frequently Asked Questions About EUM

What does EUM invest in?

The ProShares Short MSCI Emerging Markets fund (EUM) is designed to deliver daily investment performance that inversely tracks the daily movements of the MSCI Emerging Markets Index. Its goal is to provide returns that are the exact opposite of the index's performance each day, before any charges or operational costs are deducted.

What is the expense ratio of EUM?

ProShares - Short MSCI Emerging Markets (EUM) charges an expense ratio of 1.69%. This is the annual fee deducted from fund assets to cover management and operations.

How big is EUM?

ProShares - Short MSCI Emerging Markets (EUM) manages $10.3M 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 EUM actively managed or an index fund?

EUM 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 (EUM's is 1.69%) because there's no security selection cost.

When was EUM launched?

ProShares - Short MSCI Emerging Markets (EUM) launched in October 2007 and is managed by ProShares.

How has EUM performed?

EUM'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.