About ProShares Short MSCI EAFE (EFZ)

ProShares Short MSCI EAFE (EFZ) is an exchange-traded fund (ETF) that seeks to provide inverse (opposite) exposure to the performance of the MSCI EAFE Index. The MSCI EAFE Index is a widely recognized benchmark for international equity performance, representing developed markets outside of North America. EFZ is designed to profit from declines in the value of the MSCI EAFE Index.

The price history of EFZ reflects its inverse relationship to the MSCI EAFE Index. As the MSCI EAFE Index experiences declines, the value of EFZ tends to increase. Conversely, when the MSCI EAFE Index goes up, EFZ generally decreases in value. Investors who believe that international equities will decline may consider EFZ as a potential hedge against their portfolios.