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Upturn AI SWOT - About
ProShares Ultra MSCI Japan (EZJ)
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Upturn Advisory Summary
08/14/2025: EZJ (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit -26.25% | Avg. Invested days 40 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.52 | 52 Weeks Range 28.38 - 44.43 | Updated Date 06/30/2025 |
52 Weeks Range 28.38 - 44.43 | Updated Date 06/30/2025 |
Upturn AI SWOT
ProShares Ultra MSCI Japan
ETF Overview
Overview
ProShares Ultra MSCI Japan (EZJ) seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the MSCI Japan Index. It aims to amplify the returns of the Japanese equity market.
Reputation and Reliability
ProShares is a well-known issuer of leveraged and inverse ETFs, with a proven track record in providing these types of products.
Management Expertise
ProShares has a dedicated team experienced in managing leveraged and inverse ETFs, requiring specialized knowledge of derivatives and market dynamics.
Investment Objective
Goal
To seek daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the MSCI Japan Index.
Investment Approach and Strategy
Strategy: Leveraged, seeking 2x the daily performance of the MSCI Japan Index.
Composition Primarily derivatives (swaps, futures contracts) on the MSCI Japan Index to achieve the leveraged exposure. May hold a small amount of cash or other liquid assets.
Market Position
Market Share: EZJ holds a relatively small market share compared to broader Japan equity ETFs due to its leveraged nature.
Total Net Assets (AUM): 68874045
Competitors
Key Competitors
- EWJ
- DXJ
- FXY
Competitive Landscape
The competitive landscape is dominated by unleveraged ETFs like EWJ, which offer broader market exposure. EZJ competes with other leveraged products, but its daily reset and amplified returns make it suitable for short-term trading, unlike EWJ. DXJ focuses on currency hedging of the Japanese Yen, while FXY tracks the currency itself. EZJu2019s leverage provides potential for higher gains but also significantly elevates risk.
Financial Performance
Historical Performance: Historical performance will vary greatly depending on the period due to the leveraged nature. It's crucial to analyze performance over various market cycles.
Benchmark Comparison: Performance should be compared to 2x the daily performance of the MSCI Japan Index. Tracking error is expected due to fees, expenses, and daily rebalancing.
Expense Ratio: 0.95
Liquidity
Average Trading Volume
EZJ generally has a moderate average trading volume, reflecting its niche appeal to active traders seeking leveraged exposure.
Bid-Ask Spread
The bid-ask spread can be wider than non-leveraged ETFs, reflecting the higher trading costs associated with leveraged products.
Market Dynamics
Market Environment Factors
Japanese economic growth, interest rates, currency fluctuations (specifically the Yen), and global market sentiment influence EZJ's performance.
Growth Trajectory
Growth depends on investor demand for leveraged exposure to the Japanese equity market and overall market trends. Strategy has remained consistent.
Moat and Competitive Advantages
Competitive Edge
EZJ's competitive advantage lies in its leveraged exposure, allowing investors to potentially amplify their returns on the MSCI Japan Index. Its focused strategy allows traders to actively manage their exposure to the Japanese market. However, the daily reset feature is a double-edged sword and can lead to value erosion in volatile or range-bound markets. ProShares' experience in leveraged ETFs also supports the ETF's credibility. The product caters to a specific segment of sophisticated investors and active traders.
Risk Analysis
Volatility
High volatility is inherent due to the leveraged nature of the ETF. Daily resets can exacerbate losses in volatile markets.
Market Risk
Exposure to the Japanese equity market carries standard market risks, including economic downturns, geopolitical events, and company-specific issues. The leverage amplifies these risks.
Investor Profile
Ideal Investor Profile
Active traders with a high-risk tolerance, sophisticated understanding of leveraged products, and a short-term investment horizon.
Market Risk
Best suited for active traders with a short-term focus, not for long-term investors or passive index followers. Daily rebalancing and high volatility make it unsuitable for buy-and-hold strategies.
Summary
ProShares Ultra MSCI Japan (EZJ) is a leveraged ETF designed for short-term active traders seeking to amplify the daily returns of the Japanese equity market. Its 2x leverage introduces significant volatility and is not suitable for long-term investment strategies. The daily reset feature can erode value in fluctuating markets. It requires a deep understanding of market dynamics and risk management.
Peer Comparison
Sources and Disclaimers
Data Sources:
- ProShares website
- ETF.com
- Morningstar
- Bloomberg
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor. Leveraged ETFs are complex financial instruments and involve significant risks.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About ProShares Ultra MSCI Japan
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is designed to measure the performance of the large and mid-cap segments of the Japanese market. Under normal circumstances, the fund will obtain leveraged exposure to at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified.
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