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Upturn AI SWOT - About
ProShares Ultra MSCI Japan (EZJ)
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Upturn Advisory Summary
04/01/2025: EZJ (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit -31.91% | Avg. Invested days 38 | Today’s Advisory WEAK BUY |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Volume (30-day avg) 3948 | Beta 1.6 | 52 Weeks Range 30.39 - 43.48 | Updated Date 04/2/2025 |
52 Weeks Range 30.39 - 43.48 | Updated Date 04/2/2025 |
Upturn AI SWOT
ProShares Ultra MSCI Japan
ETF Overview
Overview
ProShares Ultra MSCI Japan (EZJ) seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the MSCI Japan Index. It provides leveraged exposure to Japanese equities, aiming to amplify daily returns. It rebalances daily.
Reputation and Reliability
ProShares is a well-known issuer of leveraged and inverse ETFs, recognized for its experience and innovation in this niche market.
Management Expertise
ProShares has a dedicated team of investment professionals specializing in the management of leveraged and inverse ETFs.
Investment Objective
Goal
To seek daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the MSCI Japan Index.
Investment Approach and Strategy
Strategy: EZJ employs a leveraged strategy, aiming to magnify the daily returns of the MSCI Japan Index using financial derivatives.
Composition The ETF primarily uses financial instruments such as swap agreements to achieve its leveraged exposure to the MSCI Japan Index.
Market Position
Market Share: EZJ's market share in the leveraged Japan equity ETF segment is relatively small.
Total Net Assets (AUM): 40000000
Competitors
Key Competitors
- DXJ
- EWJ
Competitive Landscape
The competitive landscape is dominated by non-leveraged Japan equity ETFs such as EWJ and currency-hedged options such as DXJ. EZJ offers amplified daily returns, attracting investors seeking short-term gains, but its leveraged nature may result in amplified losses. Competitors offer different exposures and strategies to Japanese equities.
Financial Performance
Historical Performance: Historical performance is highly dependent on the daily performance of the MSCI Japan Index, magnified by a factor of two. Past performance is not indicative of future results.
Benchmark Comparison: The ETF's performance is expected to be approximately two times the daily performance of the MSCI Japan Index, before fees and expenses. However, compounding effects can cause deviations over longer time periods.
Expense Ratio: 0.95
Liquidity
Average Trading Volume
The average trading volume can vary but generally is moderate, reflecting the niche nature of leveraged ETFs.
Bid-Ask Spread
The bid-ask spread may be wider compared to non-leveraged ETFs, reflecting the higher costs and risks associated with leveraged products.
Market Dynamics
Market Environment Factors
EZJ's performance is influenced by factors affecting the Japanese equity market, including economic growth, monetary policy, and global market sentiment.
Growth Trajectory
The growth trajectory of EZJ is dependent on investor demand for leveraged exposure to Japanese equities and the overall performance of the Japanese stock market.
Moat and Competitive Advantages
Competitive Edge
ProShares Ultra MSCI Japan (EZJ) provides a unique offering, giving investors 2x daily exposure to the MSCI Japan Index. This targeted leverage is the competitive edge. EZJ is designed for sophisticated investors seeking short-term gains and willing to accept the risks involved with leveraged products. Daily resets help to limit long-term decay that can occur with leveraged products. Other advantages includes well known issuer Proshares.
Risk Analysis
Volatility
The ETF is expected to exhibit high volatility due to its leveraged nature. Expect daily volatility to be roughly double that of the underlying index.
Market Risk
EZJ is subject to market risk related to the Japanese equity market. Its leveraged structure amplifies both potential gains and potential losses.
Investor Profile
Ideal Investor Profile
The ideal investor is a sophisticated investor with a high risk tolerance seeking short-term tactical exposure to Japanese equities.
Market Risk
EZJ is best suited for active traders seeking short-term gains and not for long-term investors or passive index followers. This ETF is designed for daily trading and is not appropriate for buy-and-hold strategies.
Summary
ProShares Ultra MSCI Japan (EZJ) offers leveraged exposure to the MSCI Japan Index, seeking to deliver twice the daily performance. This ETF is appropriate for short-term active traders and carries significant risk. It's affected by the volatility of the Japanese market. Due to its leveraged nature and daily reset, it isn't suitable for long-term investments. Investors should carefully consider the risks before investing in this ETF.
Similar Companies
DXJ
WisdomTree Japan Hedged Equity Fund
DXJ
WisdomTree Japan Hedged Equity Fund
EWJ
iShares MSCI Japan ETF
EWJ
iShares MSCI Japan ETF
FXY
Invesco CurrencyShares® Japanese Yen Trust
FXY
Invesco CurrencyShares® Japanese Yen Trust
Sources and Disclaimers
Data Sources:
- ProShares Website
- MSCI Index Fact Sheet
- Various financial data providers
Disclaimers:
The information provided is for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results. Investors should consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About ProShares Ultra MSCI Japan
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index covers 85% of the market capitalization in Japan. The index is constructed and maintained by MSCI Inc. The index is designed to measure the performance of the large and mid cap segments of the Japanese equity market. The fund is non-diversified.
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