ProShares UltraShort Yen

Price: $74.82
Change: $0.25 (-0.0%)
Category: Leveraged Currency
Last Updated:


Issuer ProShares
Brand ProShares
Structure Commodity Pool
Expense Ratio 0.95%
ETF Home Page Home page
Inception Nov 25, 2008

Analyst Report

This ETF is designed for investors looking to bet on a weak performance of the Japanese yen relative to the U.S. dollar or to hedge against existing yen exposure in their portfolios. YCS utilizes daily leverage, meaning that its objective involves achieving amplified returns over a single trading session, and that performance over multiple sessions may not correspond to the target multiple. Given the targeted focus and use of leverage, YCS is probably not appropriate for most investors; it should never be used in a long-term portfolio, and makes sense only for those with the willingness and ability to monitor and rebalance their portfolio regularly. For those looking to make a bet against the Japanese currency, this fund can be useful; for most investors, it shouldn’t be used at all. YCL offers a way to place a leveraged bet on the yen, betting that the Japanese currency will appreciate relative to the dollar over the short term.

ETF Database Themes

Leveraged 2x
Asset Class Currency
Region (General) Developed Asia Pacific
Region (Specific) Japan

FactSet Classifications

Segment Leveraged Currency: Long USD, Short JPY
Category Pair
Focus Long USD, Short JPY
Niche Derivative
Strategy Vanilla
Weighting Scheme Single Asset

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $50.40
  • 52 Week Hi $75.16
  • AUM $26.2 M
  • Shares 0.3 M

Historical Trading Data

  • 1 Month Avg. Volume 11,752
  • 3 Month Avg. Volume 13,006

Alternative ETFs in the ETF Database Leveraged Currency Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest YCL 0.95% $17.5 M 33,426 -27.23%
Largest (AUM) EUO 0.95% $44.5 M 31,286 6.89%
Most Liquid (Volume) YCL 0.95% $17.5 M 33,426 -27.23%
Top YTD Performer EUO 0.95% $44.5 M 31,286 6.89%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

YCS ETF Database Category Average FactSet Segment Average
Number of Holdings 1 1 1
% of Assets in Top 10 100.00% 100.00% 100.00%
% of Assets in Top 15 100.00% 100.00% 100.00%
% of Assets in Top 50 100.00% 100.00% 100.00%

Size Comparison

YCS ETF Database Category Average FactSet Segment Average
Large (>12.9B) N/A N/A N/A
Mid (>2.7B) N/A N/A N/A
Small (>600M) N/A N/A N/A
Micro (<600M) N/A N/A N/A

YCS Valuation

This section compares the P/E ratio of this ETF to its peers.

P/E Ratio
ETF Database Category Average
P/E Ratio
FactSet Segment Average
P/E Ratio

YCS Dividend

This section compares the dividend yield of this ETF to its peers.

YCS ETF Database Category Average FactSet Segment Average
Dividend N/A N/A N/A
Dividend Date N/A N/A N/A
Annual Dividend Rate N/A N/A N/A
Annual Dividend Yield N/A N/A N/A

YCS Price and Volume Charts

View charts featuring YCS price and volume data.

YCS Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: 0 1 Month Net Flows: 0 3 Month Net Flows: -3.14 M 6 Month Net Flows: -3.09 M 1 Year Net Flows: -19.33 M 3 Year Net Flows: -13.91 M 5 Year Net Flows: -63.19 M 10 Year Net Flows: -583.36 M

YCS Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.

5 Day Net AUM Change: 558.05 K
1 Month Net AUM Change: 1.93 M
3 Month Net AUM Change: -639.03 K
6 Month Net AUM Change: 4.65 M
1 Year Net AUM Change: -24.69 M
3 Year Net AUM Change: 1.45 M
5 Year Net AUM Change: -50.99 M
10 Year Net AUM Change: -438.57 M

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for YCS 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 ETF Database Pro members, shows the ETF in the Leveraged Currency 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 ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity A EUO
Expenses C+ EUO

A+ Overall Rated ETF:

YCS Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

Expense Ratio
ETF Database Category Average
Expense Ratio
FactSet Segment Average
Expense Ratio

Tax Analysis

Max ST Capital Gains Rate 27.84%
Max LT Capital Gains Rate 27.84%
Tax On Distributions No distributions
Distributes K1 Yes
ESG Themes and Scores

YCS does not have an ESG score. There are no ESG themes that map to this ETF.

YCS Performance

This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.

YCS ETF Database
Category Average
Factset Segment
1 Month Return 5.23% 0.41% 5.23%
3 Month Return 10.69% 0.93% 10.69%
YTD Return 39.66% 3.88% 39.66%
1 Year Return 16.14% 1.42% 16.14%
3 Year Return 28.13% 0.75% 28.13%
5 Year Return 13.96% -0.32% 13.96%

Geographic Exposure

The following charts reflect the geographic spread of YCS's underlying holdings.

Holdings Analysis

The following charts reflect the allocation of YCS's underlying holdings.

YCS Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETF Database Category.

5 Day Volatility 159.53%
20 Day Volatility 13.54%
50 Day Volatility 16.31%
200 Day Volatility 16.89%
Beta -0.1
Standard Deviation 6.19%
5 Day Volatility
2 of 4

20 Day Volatility
2 of 4

50 Day Volatility
2 of 4

200 Day Volatility
2 of 4

3 of 4

Standard Deviation
1 of 4


  • 20 Day MA $72.97
  • 60 Day MA $69.17
  • MACD 15 Period 1.47
  • MACD 100 Period 7.95
  • Williams % Range 10 Day 13.94
  • Williams % Range 20 Day 6.31
  • RSI 10 Day 70
  • RSI 20 Day 67
  • RSI 30 Day 65
  • Ultimate Oscillator 72

Bollinger Bands

  • Lower Bollinger (10 Day) $72.22
  • Upper Bollinger (10 Day) $75.31
  • Lower Bollinger (20 Day) $70.58
  • Upper Bollinger (20 Day) $75.21
  • Lower Bollinger (30 Day) $69.16
  • Upper Bollinger (30 Day) $75.08

Support & Resistance

  • Support Level 1 n/a
  • Support Level 2 $74.69
  • Resistance Level 1 n/a
  • Resistance Level 2 $75.01


  • Stochastic Oscillator %D (1 Day) 60.78
  • Stochastic Oscillator %D (5 Day) 88.24
  • Stochastic Oscillator %K (1 Day) 72.64
  • Stochastic Oscillator %K (5 Day) 87.33


  • Tracking Difference Median (%) n/a
  • Tracking Difference Max Upside (%) n/a
  • Tracking Difference Max Downside (%) n/a
  • Median Premium Discount (%) 0.00
  • Maximum Premium Discount (%) 0.38
  • Average Spread (%) 7.73
  • Average Spread ($) 7.73

Financial Advisor Report

ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.

Data Lineage

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