ProShares Ultra MSCI Japan
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective. The index adjusts the market capitalization of Index constituents for free float and targets for Index inclusion 85% of the free float-adjusted market capitalization in Japan. The fund is non-diversified.
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 6M SHOWN · NET −$5M OVER THIS RANGE
Money keeps arriving — +$750K of net buying over the past month, about 5.3% of the fund's asset base, while the price has returned +25.7% so far this year. At 1.17% a year it is not the cheapest way in — LQD runs the same ground at 0.14%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
| 1 week | -6.3% |
| 1 month | +8.5% |
| 3 months | +6.0% |
| 6 months | -4.6% |
| YTD | +25.7% |
| 1 year | — |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
| 1 week | +$750K |
| 1 month | +$750K |
| 3 months | −$560K |
| YTD | +$6M |
| 1 year | +$4M |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Due diligence cuts both ways. These funds sit on the same shelf and beat EZJ on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| IDEV iShares Core MSCI International Developed Markets ETF | 0.04% | $32.7B | +$104M | -113bp on fee · 2326× the assets · +$104M in over the month | Head-to-head |
| IEFA iShares Core MSCI EAFE ETF | 0.07% | $195.3B | +$631M | -110bp on fee · 13900× the assets · +$631M in over the month | Head-to-head |
| IEMG iShares Core MSCI Emerging Markets ETF | 0.09% | $160.6B | +$1.9B | -108bp on fee · 11433× the assets · +$1.9B in over the month | Head-to-head |
| IAGG iShares Core International Aggregate Bond ETF | 0.07% | $11.4B | +$739M | -110bp on fee · 811× the assets · +$739M in over the month | Head-to-head |
| IXUS iShares Core MSCI Total International Stock ETF | 0.07% | $46.2B | — | -110bp on fee · 3288× the assets | Head-to-head |