ProShares - UltraShort MSCI Emerging Markets
EEV
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 7501 Wisconsin Avenue, Suite 1000E Bethesda MD United States of America 20814
- IPO Date
- Nov 1, 2007
- CIK
- 0001174610
- Website
- proshares.com
- Similar Companies
- Business
- ProShares UltraShort MSCI Emerging Markets (EEV) is an exchange-traded fund that seeks daily investment results, before fees and expenses, corresponding to two times the inverse (-2x) of the daily performance of the MSCI Emerging Markets Index. The fund provides leveraged inverse exposure to large- and mid-capitalization companies across 24 emerging market countries, including Brazil, China, India, South Africa, and others, through investments in derivatives such as swaps with counterparties including Citibank NA, Societe Generale, Goldman Sachs International, and UBS AG; it does not invest directly in the underlying securities or generate dividend distributions reflecting the index yield. Launched on October 30, 2007, and domiciled in the United States, EEV trades on the NYSE Arca with options available, quarterly distributions, a net expense ratio of 0.95% (with contractual waiver through September 30, 2026), and is managed within the ProShares Trust by ProShare Advisors LLC, headquartered in Bethesda, Maryland. The fund targets sophisticated investors seeking tactical short exposure to emerging markets volatility, with holdings typically comprising over -200% notional exposure via swaps and net other assets/liabilities; it maintains a CUSIP of 74350P634 (post recent adjustment) and calculates NAV at 4:00 p.m. ET. ProShares, the issuer pioneering leveraged and inverse ETFs since 2006 as part of the ProFunds Group founded in 1999, manages over $95 billion in ETF and mutual fund assets, offering strategies in dividend growth, high income, interest rate hedged bonds, crypto-linked products, and geared investing. In November 2025, EEV underwent a 1-for-2 reverse stock split effective prior to market open on November 20, increasing the per-share price while proportionately reducing outstanding shares and issuing a new CUSIP, as part of ProShares' broader share split adjustments across 14 ETFs including UVXY and SQQQ to maintain tradability. ProShares strengthened its distribution capabilities in September 2025 by hiring industry veterans Chad Brand (Southern California), Mike Hart (New York metro), and Matt Zorumski (Florida) as Regional Vice Presidents, amid active recruitment for over two dozen roles to support expansion. These moves align with ProShares' growth trajectory, including surpassing $100 billion in assets under management in 2025.