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ProShares continues to aggressively expand its line of leveraged ETF offerings, announcing the launch of four new products on Thursday. The new 200% leveraged ETFs are:

  • Ultra MSCI Europe (NYSEARCA:UPV): Seeks daily results equal to 200% of the MSCI Europe Index, a benchmark covered by the Vanguard European ETF (NYSEARCA:VGK). ProShares already offers -200% leveraged exposure to Europe through the UltraShort MSCI Europe (NYSEARCA:EWV).
  • Ultra MSCI Pacific ex-Japan (NYSEARCA:UXJ): Seeks daily results equal to 200% of the MSCI Pacific ex-Japan Index, a benchmark covered by the iShares MSCI Pacific ex-Japan Index Fund (NYSEARCA:EPP). UXJ joins the UltraShort MSCI Pacific ex-Japan (NYSEARCA:JPX), which offers -200% daily exposure to the same benchmark.
  • Ultra MSCI Brazil (NYSEARCA:UBR): Seeks daily results equal to 200% of the MSCI Brazil Index, a benchmark covered by the iShares MSCI Brazil Index Fund (NYSEARCA:EWZ). ProShares also offers an UltraShort Brazil product, BZQ.
  • Ultra MSCI Mexico Investable Market (NYSEARCA:UMX): Seeks daily results equal to 200% of the MSCI Mexico Investable Market Index, the benchmark replicated by EWW.

With the launch of these products, ProShares now offers 19 leveraged and inverse ETFs benchmarked to international regions and countries, ranging from Brazil to Europe to China. “The ETFs we’re launching today offer U.S. investors new ways to obtain magnified exposure to these widely-followed regions and countries,” said Michael L. Sapir, Chairman and CEO of ProShare Advisors LLC, ProShares’ investment advisor. “We are pleased to provide investors with valuable tools to act on their views.”

So far in 2010 ProShares has launched more than a dozen new products, including regional bank ETFs, biotech ETFs, and the company’s first 300% and -300% products.

Disclosure: No positions at time of writing.

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Source: 4 New Leveraged ETFs From ProShares: Europe, Pacific ex-Japan, Brazil, Mexico