About ProShares Ultra MSCI EAFE (EFO)

ProShares Ultra MSCI EAFE (EFO) is an exchange-traded fund (ETF) that aims to provide leveraged exposure to the MSCI EAFE Index. The ETF seeks to deliver daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the MSCI EAFE Index. This index represents the performance of developed markets outside of the United States and Canada, including major economies in Europe, Asia, and Australia. EFO is designed for investors who have a bullish outlook on the MSCI EAFE Index and are looking to amplify their potential returns.

EFO tracks its target index through the use of derivatives such as futures, options, and swaps. By utilizing leverage, the ETF aims to magnify the daily returns of the MSCI EAFE Index. However, it's important to note that the use of leverage also increases the potential for amplified losses in the event of adverse market movements. Therefore, EFO is considered a high-risk investment vehicle and is primarily suitable for experienced, risk-tolerant investors.