ProShares UltraShort Euro company info

What does ProShares UltraShort Euro do?
ProShares UltraShort Euro (NYSEARCA:EUO) operates as an exchange-traded fund (ETF) with the objective of providing returns that are two times the inverse (-2x) of the daily performance of the euro versus the U.S. dollar. This means that the fund seeks to profit from declines in the value of the euro relative to the dollar, making it a strategic option for investors expecting depreciation in the euro's value. Its operations focus on employing financial instruments such as futures and swaps to achieve its investment objective. The projects and initiatives of ProShares UltraShort Euro are primarily centered around managing and adjusting its portfolio to align with the movement of the euro relative to the dollar, thereby aiming to maximize returns for investors who anticipate a downturn in the euro's value. The overarching objective of this ETF is to offer a convenient and effective way for investors to gain leveraged exposure to inverse euro movements through a publicly traded vehicle.
ProShares UltraShort Euro company media
Company Snapshot

Is ProShares UltraShort Euro a public or private company?

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Ownership
Public

How many people does ProShares UltraShort Euro employ?

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Employees
155

What sector is ProShares UltraShort Euro in?

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Sector
ETF

Where is the head office for ProShares UltraShort Euro?

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Head Office
Bethesda, United States

What year was ProShares UltraShort Euro founded?

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Year Founded
2008
What does ProShares UltraShort Euro specialise in?
/Currency ETF /Investment Management /Leveraged Inverse /Financial Services /Risk Management /Portfolio Diversification
What are the products and/or services of ProShares UltraShort Euro?
Overview of ProShares UltraShort Euro offerings
Provides leveraged exposure to the inverse performance of the euro against the U.S. dollar.
Designed for investors looking for a short-term trading tool.
Offers a way to capitalize on the depreciation of the euro.
Aids in hedging against euro weakness in diversified portfolios.
Can be utilized in speculative financial strategies involving currency predictions.
Accessible for trading on major stock exchanges, allowing for liquidity and flexibility.