ProShares - UltraShort MSCI EAFE
EFU
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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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
- Oct 25, 2007
- CIK
- 0001174610
- Website
- proshares.com
- Similar Companies
- Business
- ProShares UltraShort MSCI EAFE (EFU) is an exchange-traded fund that seeks daily investment results corresponding to twice the inverse (-2x) of the daily performance of the MSCI EAFE Index. The fund provides leveraged short exposure to developed markets outside North America, including large- and mid-cap companies from Europe, Australasia, and the Far East; it employs financial derivatives such as swap agreements, futures contracts, and options to achieve its objectives. EFU does not invest directly in the underlying index constituents but uses these instruments to deliver the targeted inverse leveraged returns on a daily basis, resetting leverage daily to maintain the -2x exposure. The fund, managed by ProShare Advisors LLC, operates within the leveraged and inverse ETF segment of the asset management industry, targeting sophisticated investors seeking short-term hedging or speculation against declines in international equities. It trades on the NYSE Arca exchange under the ticker EFU and is available to retail and institutional investors through standard brokerage platforms. ProShare Advisors LLC, headquartered in Bethesda, Maryland, and founded in 2006 as part of ProFunds Group, serves as sponsor and investment advisor, with no notable subsidiaries specific to EFU. Recent developments include ongoing enhancements to ProShares' suite of leveraged ETFs amid volatile global markets, such as expanded options trading availability and portfolio rebalancing in response to 2024-2025 geopolitical tensions affecting EAFE constituents; no major acquisitions, funding rounds, or structural changes specific to EFU have been reported in the last two years, though the firm continues to launch complementary inverse products targeting regional indices.