EUM - ProShares - Short MSCI Emerging Markets

The ProShares Short MSCI Emerging Markets fund (EUM) is designed to deliver daily investment performance that inversely tracks the daily movements of the MSCI Emerging Markets Index. Its goal is to provide returns that are the exact opposite of the index's performance each day, before any charges or operational costs are deducted.

As of Jun 30, 2026: spot at $15.49, ATM IV 162.0%, max pain $23.00, net GEX $135.

Sector
Financial Services
Industry
Asset Management - Leveraged
Market Cap
$10.2M
Beta
-0.78
52-Week Range
15.01-23.27
Dividend Yield
$0.67
IPO Date
Nov 1, 2007
Exchange
AMEX

What EUM Looks Like to Options Traders Today

IV rank of 31.9% sits near the 1-year median, where strategy choice depends on directional conviction and the event calendar rather than vol regime alone; positive net gamma exposure ($135) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (-0.754) prices puts richer than calls, the typical equity downside-protection skew.

What This Page Covers

The EUM overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.

Frequently asked EUM overview questions

What is EUM?
EUM is the ticker symbol for ProShares - Short MSCI Emerging Markets, an listed exchange-traded fund. The ProShares Short MSCI Emerging Markets fund (EUM) is designed to deliver daily investment performance that inversely tracks the daily movements of the MSCI Emerging Markets Index. Its goal is to provide returns that are the exact opposite of the index's performance each day, before any charges or operational costs are deducted. Listed on AMEX. EUM is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
What does the EUM options snapshot look like today?
As of Jun 30, 2026, the EUM options snapshot shows spot at $15.49, ATM IV 162.0%, IV rank 31.9%, max pain $23.00, net GEX $135, expected move 46.44%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
What are EUM's key statistics?
ProShares - Short MSCI Emerging Markets (EUM) carries a market capitalization of $10.2M, 52-week range of 15.01-23.27. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
What sector or industry does EUM belong to?
ProShares - Short MSCI Emerging Markets operates in the Financial Services sector, in the Asset Management - Leveraged industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare EUM's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
How current is the EUM data on this page?
The options snapshot above is dated Jun 30, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.