ProShares today launched four more exchange traded funds (ETFs) that enable investors to go ultra short in the international space. The four new funds are:
- UltraShort MSCI Europe (EPV)
- UltraShort MSCI Pacific ex-Japan (JPX)
- UltraShort MSCI Brazil (BZQ)
- UltraShort MSCI Mexico Investable Market (SMK)
Each ETF seeks to deliver twice the inverse of the daily performance of its underlying index. Earlier this month, ProShares released four international ETFs that seek to deliver twice the performance of their underlying indexes.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.