EET ISSUER
The ProShares Ultra MSCI Emerging Markets ETF (EET) is managed by ProShare Advisors, aiming to provide investors with leveraged exposure to the MSCI Emerging Markets Index. This ETF, established to meet its investment objective through daily returns, invests primarily in financial instruments such as equity securities, derivatives, money market instruments, and depositary receipts. ProShare Advisors e
EET DIVIDEND
The ProShares Ultra MSCI Emerging Markets ETF (EET) may not be primarily focused on dividends, but it participates in dividend distribution based on the performance of the MSCI Emerging Markets Index. Dividend distributions for this ETF typically occur in accordance with the policies of the constituent companies within the index. Investors should note that the fund mainly seeks leveraged returns for a single day, which can affect the timing and magnitude of dividend payments. While EET is designed for daily trading, it may offer potential dividend income alongside its investment objective of achieving double daily returns of the MSCI Emerging Markets Index.
EET TRACKING
The ProShares Ultra MSCI Emerging Markets ETF (EET) is designed to track the performance of the MSCI Emerging Markets Index, constructed and maintained by MSCI Inc. This index covers approximately 85% of the free float-adjusted market capitalization in emerging market countries, including countries such as Brazil, China, India, South Africa, and more. EET achieves its objective through various financial instruments, including equity securities, derivatives, money market instruments, and depositary receipts, aiming to provide investors with leveraged exposure to the daily returns of the Index, typically at 2x leverage. It's important to note that EET seeks investment results for a single day only, and its performance over longer periods may differ from twice the Index's return due to daily rebalancing and compounding effects. Additionally, the Fund may concentrate its investments in specific industry groups or regions to align with the Index's concentration, as of the last available data, with a focus on information technology and financials in China and Taiwan. Investors should consider the associated risks and the Fund's prospectus for further details.
EET CORRELATION
The correlation aspect of the ProShares Ultra MSCI Emerging Markets ETF (EET) is vital for understanding its behavior in relation to the MSCI Emerging Markets Index. As EET seeks to provide leveraged exposure to the daily returns of the Index, its correlation with the underlying assets is expected to be strong. Investors interested in emerging market exposure often use EET for its leverage, but it's crucial to note that the fund's performance can significantly differ from two times (2x) the return of the Index over longer periods. For more detailed insights into EET's correlation and performance, investors can utilize ETF Insider's web app, which offers a simple visualization tool to analyze correlations and overlaps with other US ETFs.
EET SECTOR
The ProShares Ultra MSCI Emerging Markets ETF (EET) focuses on providing investors with leveraged exposure to the MSCI Emerging Markets Index. This index covers approximately 85% of the free float-adjusted market capitalization in emerging market countries, including Brazil, Chile, China, Colombia, Czech Republic, Egypt, Greece, Hungary, India, Indonesia, and more. EET primarily invests in equity securities, derivatives, money market instruments, and depositary receipts, with the aim of achieving daily returns that are double the performance of the MSCI Emerging Markets Index. However, investors should be aware that due to daily rebalancing and compounding effects, the Fund's returns over longer periods may deviate from twice the Index's returns, potentially leading to both amplified gains and losses. Additionally, EET may concentrate its investments in specific industries or regions, mirroring the concentration of the underlying Index, which can add to its risk profile. It's essential for investors to understand these factors and their investment objectives before considering EET as a part of their portfolio.
EET EXPOSURE
The exposure characteristic of the ProShares Ultra MSCI Emerging Markets ETF (EET) is centered on providing investors with double the daily returns of the MSCI Emerging Markets Index. This ETF seeks to achieve this objective through a combination of financial instruments, including equity securities, derivatives, money market instruments, and depositary receipts. The MSCI Emerging Markets Index comprises a diverse set of emerging market countries, covering approximately 85% of the free float-adjusted market capitalization in countries such as Brazil, China, India, South Africa, and many others. EET''s exposure strategy allows investors to gain amplified daily exposure to the growth potential of emerging market equities, with a focus on capturing short-term returns, all while closely tracking the performance of the underlying index.
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