About ProShares UltraShort MSCI EAFE (EFU)

ProShares UltraShort MSCI EAFE (EFU) is an exchange-traded fund (ETF) that aims to provide investors with twice the inverse daily performance of the MSCI EAFE Index, a widely recognized benchmark for international equity performance. The fund utilizes a range of derivative instruments to achieve its investment objective. EFU is designed for investors who seek to profit from, or protect against, a decline in the value of the MSCI EAFE Index.

The MSCI EAFE Index consists of large and mid-cap stocks from developed markets outside of North America, including Europe, Australasia, and the Far East. By providing inverse exposure to this index, EFU allows investors to potentially benefit from market downturns or to hedge against existing international equity holdings.