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Upturn AI Summary
ProShares UltraShort MSCI Brazil Capped(BZQ)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for BZQ
10/14/2026: BZQ (1-star) is currently NOT-A-BUY. Pass it for now.
BZQ is a leveraged ETF designed to provide daily returns equal to twice the inverse of the MSCI Brazil 25/50 Index. It is an active trading tool rather than a long-term investment, utilizing derivative swaps to achieve its specific daily target. Its main strength lies in its liquidity and ability to provide efficient inverse exposure, but it carries high risks, specifically volatility decay and the potential for severe losses during market rallies. It is best suited for experienced investors with a short-term horizon who are actively managing risk or seeking to profit from bearish trends in the Brazilian equity market.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | This fund is designed for short-term speculation rather than long-term capital appreciation. |
| Momentum investor | Strong fit while signal remains positive | Momentum traders may use this to profit from downward price trends in the Brazilian equity market. |
| Value investor | Weak fit | Value investors focus on long-term fundamentals, which conflicts with the fund's short-term, leveraged nature. |
| Dividend/Income investor | Weak fit | This fund does not provide consistent income or dividend yield. |
| Low-risk investor | Weak fit | The use of leverage and inverse exposure creates high volatility and potential for significant capital loss. |
Investor Profile
Ideal Investor Profile
Sophisticated, active traders and institutional investors who seek short-term hedging or speculative instruments.
Suitability
BZQ is strictly for active traders; it is not suitable for passive investors or those looking to hold for long durations due to compounding effects.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | High | Leveraged exposure amplifies daily swings, making the fund extremely volatile. |
| Market risk | High | The fund is directly tied to the performance of the Brazilian market, which carries significant geopolitical and economic risk. |
| Concentration | High | The fund is exclusively focused on a single emerging market, increasing sensitivity to regional events. |
| Tracking/expense | High | Daily rebalancing and compounding of returns mean the fund will not track the index over periods longer than a day. |
| Liquidity | Medium | Trading volume may dry up during market stress, potentially widening bid-ask spreads. |
| Business/sector quality | Medium / high | Performance relies on the health of the Brazilian economy, which can be unstable. |
Risk Analysis
Volatility
BZQ exhibits extremely high historical volatility due to the -2x daily leverage target, which amplifies all market moves.
Market Risk
The fund is exposed to systemic risks within Brazil, including political instability, economic contraction, and currency fluctuations relative to the USD.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Derivatives | MSCI Brazil 25/50 Index (seeks -200% daily inverse return) | 95 | The fund uses swap agreements to provide twice the inverse daily performance of the Brazilian equity market. |
| Cash/collateral | Cash and Cash Equivalents | 5 | Cash and short-term debt instruments are held as collateral to support the fund's swap positions. |
Price Behavior
Downtrend
The stock has experienced a sustained decline in price over recent periods.
Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type ETF | Historic Profit -27.83% | Avg. Invested days 26 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/14/2026 |
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