BZQ

ProShares UltraShort MSCI Brazil Capped

BZQ provides 2x leveraged inverse exposure to a market-cap-weighted index of mid- and large-cap companies operating in Brazil.

Emerging Market

EQUITY

Rules-Based

MANAGEMENT STYLE

7.5 M

ASSETS UNDER MGMT

95 bp

EXPENSES
Fund Basics
Fund sponsorProShares
CategoryEmerging
Asset classEquity
Websitelink...
Inception dateJun 16, 2009
Assets (mns)$7
Expense ratio95 bp
Fund Structure
RegulationOpen-Ended Fund
DistributionsQuarterly
Taxation1099
Derivatives-basedYes
Options availableYes
Currency hedgedNo
Fund of fundsNo
Asset Allocation
Historical Performance
–
Redraw


Standardized Performance (as of 07/31/2025)
 YTD1 YR2 YR3 YR5 YR10 YR20 YRIncep.
Price Returns -35.0% -14.6% 1.7% -22.0% -25.1% -36.0% -- -27.8%
Dividend Yield 0.5% 3.2% 3.7% 2.3% 1.3% 0.7% -- 0.5%
Total Returns -34.5% -11.3% 5.4% -19.7% -23.8% -35.3% -- -27.3%
Ann. Volatility 49.4% 49.5% 46.0% 53.7% 57.9% 70.0% -- 65.4%
Market Correlations
versus...BetaR-squared
S&P 500-1.1916%
MSCI EAFE-1.3221%
MSCI Emg Mkts-1.0615%
Liquidity Measures
Avg. volume (000)20
ADV traded (mns)$0
Turnover3.3%
Avg. Bid/Ask (% of price)0.25%
Technical Indicators
Recent close$12.31
30d moving avg.$11.47
Annualized volatility46.2%
Relative strength (RSI)53
Short interest2.4%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

Expense Analysis

Peer Group Rules-Based
Emerging Market Equity ETFs
# of ETFs 103
Avg. Expense Ratio 64.6 bp
Std. Deviation 29 bp
BZQ (95 bp) Percentile rank 85
Peer Group Expense Ratio Distribution


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)		 Avg. Bid/Ask (bp)
(B)		 TCO (bp)
(A)+(B)
BZQ 95.0 25.0 120
Peer Avg. 59.2 33.1 92.3
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .