ProShares - Ultra MSCI Japan
This fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.
$70.99+0.00 (+0.00%)
Market opens at 9:30 AM ET.
- Expense ratio
- 2.91%
- Fund size
- $12M
- 1Y return
- +45.1%
- Yield · Last 12 months
- 1.71%
- Holdings
- 9
- Volume · 30D
- 0M sh
- NAV per share
- $68.72
- 52W range
The ETF.net EZJ Grade
Score 32 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 7Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 63Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 44Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 30Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 63Category rank
Our read on EZJ
DMost leveraged bull ETFs aim at the S&P or the Nasdaq. EZJ aims at Tokyo, seeking twice the daily move of the MSCI Japan Index, a corner of the leveraged shelf it has occupied since 2009.
The fund seeks magnified positive daily exposure to the MSCI Japan Index, targeting twice the index's daily return before fees and expenses.
Why people hold it
- Two times the daily move of the MSCI Japan Index in one ticker, with no margin account or futures desk involved.proshares.com
- Trading since 2009, making it one of the long-standing US-listed leveraged ways to express a view on Japanese stocks.proshares.com
- The reference is a broad Japan equity index, so the leverage sits on the whole market rather than one sector or a handful of names.proshares.com
Worth knowing
- Leverage resets daily. Hold past a day and returns compound off each close, so a choppy stretch can leave you far from twice the index's move over that stretch.proshares.com
- The 2.91% expense ratio is several times what the heavyweight leveraged bull funds such as QLD and UDOW charge.
- Small asset base and light trading versus the category's giants, so spreads and limit orders do more of the work on entry and exit.
EZJ Holdings
- Stocks
- 9
- 100%
- EWJ
Sectors
- Industrials23.2%
- Technology21.0%
- Financials19.1%
- Consumer Discr.11.6%
- Communication9.3%
- Health Care5.5%
- Cons. Staples3.5%
- Materials3.0%
- Real Estate1.8%
- Utilities1.0%
- Energy0.9%
Geography
- United States100.00%
EZJ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
EZJ$14,507
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | EZJ |
|---|---|
| Year to date | +39.3% |
| 1 month | +7.2% |
| 3 months | +1.0% |
| 1 year | +45.1% |
| 3 years | +30.2% |
| 5 years | +7.4% |
| 10 years | +9.7% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | EZJ |
|---|---|---|
| 2026 YTD | +39.3% | |
| 2025 | +42.7% | |
| 2024 | +3.3% | |
| 2023 | +30.8% | |
| 2022 | −38.2% | |
| 2021 | −2.0% | |
| 2020 | +22.2% |
EZJ in the news
EZJ Dividends
- 1.71%
- $1.21
- $0.33 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 24, 2026 | Jun 30, 2026 | $0.33 |
| Mar 25, 2026 | Mar 31, 2026 | $0.52 |
| Dec 24, 2025 | Dec 31, 2025 | $0.29 |
| Sep 24, 2025 | Sep 30, 2025 | $0.07 |
| Jun 25, 2025 | Jul 1, 2025 | $0.18 |
| Mar 26, 2025 | Apr 1, 2025 | $0.04 |
| Dec 23, 2024 | Dec 31, 2024 | $0.32 |
| Sep 25, 2024 | Oct 2, 2024 | $0.15 |
| Jun 26, 2024 | Jul 3, 2024 | $0.24 |
| Mar 20, 2024 | Mar 27, 2024 | $0.05 |
| Dec 20, 2023 | Dec 28, 2023 | $0.26 |
| Sep 20, 2023 | Sep 27, 2023 | $0.13 |
EZJ Risk
This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.
- 24.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.94
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −57.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.24
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
EZJ Cost
2.91%
EZJ2.91%
- The middle half of Leveraged Long (2x & Other) funds
- Median 0.99%
86 of the 93 Leveraged Long (2x & Other) funds charge less.