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PDSZX

$--
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1d
1w
1m

Analysis and statistics

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About

PDSZX.US represents the ProShares UltraShort MSCI EAFE, an exchange-traded fund (ETF) designed to deliver twice the inverse (opposite) of the daily performance of the MSCI EAFE Index. The MSCI EAFE Index tracks the performance of large- and mid-cap equities in developed markets excluding the U.S. and Canada. Therefore, PDSZX is a leveraged bearish fund intended for sophisticated investors seeking to profit from short-term declines in international developed equity markets. Due to its leveraged nature and daily reset, it is not suitable for long-term holding as its performance can deviate significantly from the simple inverse of the underlying index over longer periods.
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Factors

Fund Performance: Historical returns and relative performance compared to its benchmark influence investor demand and thus price.

Market Conditions: Broad market trends (bull or bear) and sector-specific performance (e.g., technology, healthcare) affect the fund's underlying assets.

Interest Rates: Changes in interest rates can impact bond yields and the attractiveness of fixed income investments, affecting fund value.

Economic Indicators: Inflation, GDP growth, and unemployment rates influence investor sentiment and market valuations, affecting fund holdings.

Fund Manager Expertise: The skill and experience of the fund manager in selecting and managing investments contribute to fund performance.

Expense Ratio: The fund's operating expenses impact net returns and investor attractiveness, affecting price in the long run.

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