EWV - ProShares UltraShort MSCI Japan
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is designed to measure the performance of the large and mid-cap segments of the Japanese market. Under normal circumstances, the fund will obtain inverse leveraged exposure to at least 80% of its total assets in components of the index or in instruments with similar economic characteristics.
As of Jun 30, 2026: spot at $17.77, ATM IV 100.8%, max pain $18.00, net GEX $4.0K.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $3.2M
- Beta
- -1.25
- 52-Week Range
- 16.53-35.26
- Dividend Yield
- $0.90
- IPO Date
- Nov 8, 2007
- Exchange
- AMEX
What EWV Looks Like to Options Traders Today
IV rank of 17.7% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); positive net gamma exposure ($4.0K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.104) prices calls richer than puts, often reflecting upside speculation or squeeze risk.
What This Page Covers
The EWV 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 EWV overview questions
- What is EWV?
- EWV is the ticker symbol for ProShares UltraShort MSCI Japan, an listed exchange-traded fund. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is designed to measure the performance of the large and mid-cap segments of the Japanese market. Listed on AMEX. EWV 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 EWV options snapshot look like today?
- As of Jun 30, 2026, the EWV options snapshot shows spot at $17.77, ATM IV 100.8%, IV rank 17.7%, max pain $18.00, net GEX $4.0K, expected move 28.90%. 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 EWV's key statistics?
- ProShares UltraShort MSCI Japan (EWV) carries a market capitalization of $3.2M, 52-week range of 16.53-35.26. 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 EWV belong to?
- ProShares UltraShort MSCI Japan operates in the Financial Services sector, in the Asset Management 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 EWV'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 EWV 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.