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PRCEX

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
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  • 52 Week Change
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  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
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  • EPS
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  • Beta
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  • Volume
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About

PRCEX.US represents the ProShares Short MSCI EAFE ETF. This exchange-traded fund (ETF) aims to deliver the inverse (-1x) of the daily performance of the MSCI EAFE Index, which tracks the equity market performance of developed countries excluding the U.S. and Canada. Investors use PRCEX to potentially profit from, or hedge against, a decline in international developed market equities. It's important to note that due to the daily reset, this ETF is typically not suitable for long-term holding periods, as its performance over longer periods can deviate significantly from the simple inverse of the underlying index.
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Factors

Fund performance depends heavily on underlying Chinese equities' performance. This drives PRCEX's Net Asset Value(NAV).

Market sentiment impacts demand. Positive views boost demand, increasing the price above NAV; negative views depress it.

Interest rates changes can influence investor sentiment and capital flows impacting PRCEX.US price.

Currency fluctuations, especially the USD/CNY rate, directly affect the fund's returns when converted back to USD.

Geopolitical events and policy changes in China can significantly impact the Chinese stock market and, consequently, PRCEX.

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