ProShares - UltraShort Yen
YCS
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
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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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 25, 2008
- CIK
- 0001415311
- Website
- proshares.com
- Similar Companies
- Business
- ProShares UltraShort Yen (YCS), issued by ProShares Trust II, seeks daily investment results that correspond to two times the inverse (-2x) of the daily performance of the Japanese yen versus the U.S. dollar, as measured by the Bloomberg 4:00 p.m. ET JPY/USD cross rate; the fund primarily invests in yen/U.S. dollar forward contracts with counterparties including Goldman Sachs and UBS, along with net other assets and cash equivalents. Launched on November 24, 2008, with ticker YCS (CUSIP 74347W569), intraday indicative value YCS.IV, an expense ratio of 0.95%, quarterly distributions, and options availability, it trades on NYSE Arca and targets investors seeking leveraged short exposure to yen weakness or hedging against yen appreciation relative to the dollar. ProShares Trust II forms part of ProShares, an ETF provider founded in 2006 and headquartered at 7272 Wisconsin Avenue in Bethesda, Maryland, which manages over $95 billion in assets across leveraged, inverse, and strategic products. Recent developments at ProShares include bolstering distribution capabilities in September 2025 through key hires of Regional Vice Presidents Chad Brand, Mike Hart, and Matt Zorumski to cover Midwest, Northeast, and Florida regions, respectively, amid ongoing recruitment for over two dozen roles in distribution, marketing, operations, product, and technology; the firm also launched dynamic buffer ETFs in June 2025, such as the ProShares S&P 500 Dynamic Buffer ETF (FB), narrowing buffer windows to single days. While YCS itself shows no specific product alterations, ProShares announced reverse share splits for other ETFs like UltraShort Gold (GLL, 1-for-2) and Ultra VIX Short-Term Futures (UVXY, 1-for-5) effective November 20, 2025, alongside broader innovations in crypto-linked and high-income strategies.