EWV Performance — ProShares UltraShort MSCI Japan
Data updated: 2026-08-14
EWV returned −26.74% year to date and −42.90% over one year to May 2026. Annualised returns are −30.16% over 3 years and −17.88% over 5 years. The fund trailed its Trading - Leveraged category average: $100 invested three years ago grew to $34, against $173 for the category, and to $57 over one year, against $137. Volatility over the past three years was 25.38% a year. In the 12 months to May 2026 the fund took in a net $4.6M, and assets reached $6.45M.
EWV Growth of $100
What $100 invested in ProShares UltraShort MSCI Japan grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Trading - Leveraged category average over the same months.
| Period | EWV | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $57 | $137 |
| 3 years (Jun 2023 – May 2026) | $34 | $173 |
| 5 years (Jun 2021 – May 2026) | $37 | $155 |
| Since data start (Sep 2019 – May 2026) | $17 | $181 |
EWV Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −26.74% |
| 1 year | −42.90% |
| 3 years (annualised) | −30.16% |
| 5 years (annualised) | −17.88% |
EWV Annual Returns
Calendar-year total returns of ProShares UltraShort MSCI Japan, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | −26.74% |
| 2025 | −37.78% |
| 2024 | −10.75% |
| 2023 | −28.40% |
| 2022 | +33.75% |
| 2021 | −10.33% |
| 2020 | −38.63% |
| 2019 (Sep–Dec) | −18.93% |
EWV Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −11.2% | −14.2% | +17.3% | −10.9% | −8.0% | — | — | — | — | — | — | — |
| 2025 | −3.2% | −0.1% | −0.3% | −11.0% | −6.9% | −3.6% | +3.5% | −11.4% | −4.3% | −7.8% | +1.1% | −1.2% |
| 2024 | −5.8% | −7.7% | −6.0% | +12.9% | −4.5% | +1.2% | −7.4% | −3.9% | +0.8% | +10.9% | −4.3% | +5.0% |
| 2023 | −13.8% | +10.3% | −9.0% | 0.0% | −1.1% | −9.5% | −4.4% | +6.3% | +4.9% | +4.9% | −11.1% | −6.9% |
| 2022 | +8.4% | +2.7% | +2.6% | +17.2% | −4.4% | +15.5% | −11.8% | +9.1% | +19.3% | −5.1% | −20.7% | +4.6% |
| 2021 | +0.9% | −4.1% | −1.6% | +2.7% | −4.3% | +1.0% | +0.5% | −4.2% | −6.1% | +4.8% | +5.5% | −5.1% |
| 2020 | +5.2% | +17.9% | +4.9% | −11.6% | −14.0% | −1.2% | +1.3% | −12.8% | −4.1% | +2.5% | −19.3% | −10.3% |
| 2019 | — | — | — | — | — | — | — | — | −9.7% | −6.5% | −2.4% | −1.6% |
EWV Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 25.38%
- 3-year Sharpe ratio: -1.37 (vs 4.5% risk-free rate)
- Best month: +17.25% (Mar 2026)
- Worst month: −14.15% (Feb 2026)
EWV Fund Flows
Monthly money in and out of ProShares UltraShort MSCI Japan, from SEC Form N-PORT.
- 12-month net flow: $4.6M
- 12-month gross sales (incl. reinvestments): $10.7M
- Sales ÷ redemptions: 1.75×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $0 | $188K | −$188K |
| Apr 2026 | $0 | $210K | −$210K |
| Mar 2026 | $1.7M | $3.5M | −$1.9M |
| Feb 2026 | $3.9M | $0 | $3.9M |
| Jan 2026 | $924K | $0 | $924K |
| Dec 2025 | $0 | $0 | $0 |
| Nov 2025 | $1.4M | $0 | $1.4M |
| Oct 2025 | $0 | $536K | −$536K |
| Sep 2025 | $0 | $0 | $0 |
| Aug 2025 | $572K | $1.7M | −$1.1M |
| Jul 2025 | $2.0M | $0 | $2.0M |
| Jun 2025 | $326K | $0 | $326K |
EWV Assets Under Management
Net assets of ProShares UltraShort MSCI Japan by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $6.45M |
| 2026-02-28 | $8.88M |
| 2025-11-30 | $5.70M |
| 2025-08-31 | $5.58M |
| 2025-05-31 | $5.01M |
| 2025-02-28 | $4.87M |
| 2024-11-30 | $6.46M |
| 2024-08-31 | $5.24M |
| 2024-05-31 | $5.12M |
| 2024-02-29 | $4.02M |
| 2023-11-30 | $4.23M |
| 2023-08-31 | $4.77M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.