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This ETF offers -2x daily leverage to the equity markets of developed Europe, giving sophisticated investors a powerful tool for expressing a bearish short-term view of the U.K., France, Germany, and a handful of other Western European countries. It should be noted that the daily reset feature combined with the explicit leverage in this ETF make EPV inappropriate for investors without the ability or willingness to monitor this position on a regular (daily) basis. Moreover, investors should note that the stated target multiple is applicable only for a single trading session; returns over multiple sessions depend on the path taken by the underlying index during that period. For sophisticated investors with a fair amount of tolerance for risk and volatility, this ETF can be a very powerful tool for hedging Europe exposure or simply for speculating on a decline in value of European equities. But EPV shouldn't ever be found in a long-term, buy-and-hold portfolio; it's simply too risky, and the nuances of this fund make significant losses possible when held for an extended period of time in volatile markets. EPV is a trading instrument, and should be treated as such.
This section compares how balanced and deep this ETF is relative to the peer group ETFdb.com Category.
This section shows how the dividend yield of this ETF compares to the peer group ETFdb.com Category.
View charts featuring ETF fund flow data.5 Day Net Flows: -377.99 K 1 Month Net Flows: -1.14 M 3 Month Net Flows: -1.37 M 6 Month Net Flows: -4.66 M 1 Year Net Flows: 10.51 M 3 Year Net Flows: -186.09 K 5 Year Net Flows: 6.64 M 10 Year Net Flows: 125.05 M
The adjacent table gives investors an individual Realtime Rating for EPV on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Leveraged Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.
This section shows how this ETF has performed relative to its peer group ETFdb.com Category.
This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.
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