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HEADLINES:

Brazil ETFs: Not Making Sense
Thomas Furda • Wed, Mar 13 • 3 Comments
Invest Like Jim Chanos With These ETFs
Benzinga • Wed, Nov 21, 2012 • 2 Comments
Brazil ETF Options Beyond EWZ
Tom Lydon • Mon, Oct 15, 2012
Disparate ETFs Have Common Prospect Measures
Peter F. Way • Mon, Aug 6, 2012
Momentum Trades XII: Hot Hands ETFs In May
Fredrik Arnold • Wed, Jun 20, 2012
S&P Breaks Support: 83 Inverse Equity ETFs To Use As A Hedge
Epsilon • Wed, Jun 6, 2012 • 4 Comments
Momentum Trades XI: Hot Hands ETFs In April
Fredrik Arnold • Thu, May 10, 2012 • 2 Comments
The Return Of Economic Nationalism And Rising Investment Risk In Brazil
Caiman Valores • Mon, May 7, 2012 • 11 Comments
ProShares Announces ETF Share Splits

Business Wire (Apr 25, 2012)
Momentum Trades, Part X: 'Hot Hands' ETFs Gassed In March
Fredrik Arnold • Mon, Apr 9, 2012
8 ETFs Poised To Rise In A Pullback Scenario
Stookle • Mon, Feb 13, 2012
How To Profit From A Stock Market Crash, Part II: Inverse Equity ETFs
Epsilon • Sun, Feb 12, 2012 • 6 Comments
Momentum Trading Strategies Part VII: Hot Hands ETFs 2011 Summary
Fredrik Arnold • Mon, Jan 16, 2012 • 2 Comments
Momentum Trading Strategies Part VI: Hot Hands ETFs Seek Direction In December
Fredrik Arnold • Sun, Jan 15, 2012 • 3 Comments
Momentum Trading Strategies Part V: Hot Hands ETFs Breakout Gains For November
Fredrik Arnold • Sun, Dec 4, 2011
Emerging Opportunities: Backing Brazil, Avoiding Indian Inflation [Video]
Russ Koesterich • Mon, Oct 31, 2011
A Strategy For Shorting Leveraged ETF Pairs
Eric Falkenstein • Mon, Oct 31, 2011 • 5 Comments
Bank Of Brazil Rate Decision Brings iShares MSCI Brazil Index ETF Into Focus
Michael Johnston • Wed, Oct 19, 2011
ETFs Cannot Fully Account For Increased Correlation
Roger Nusbaum • Sun, Oct 16, 2011 • 1 Comment
Commodity-Rich Brazil Offers Investors Many Ways To Profit
Hard Assets Investor • Mon, Aug 29, 2011 • 7 Comments

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Just One ETF: Going Doubly Bearish on Brazil's Big Concerns
Vedant VK Mimani • Tue, Aug 3, 2010 • 11 Comments

Brazil ETFs: Not Making Sense
Thomas Furda • Wed, Mar 13 • 3 Comments
Invest Like Jim Chanos With These ETFs
Benzinga • Wed, Nov 21, 2012 • 2 Comments
Brazil ETF Options Beyond EWZ
Tom Lydon • Mon, Oct 15, 2012
Disparate ETFs Have Common Prospect Measures
Peter F. Way • Mon, Aug 6, 2012
Momentum Trades XII: Hot Hands ETFs In May
Fredrik Arnold • Wed, Jun 20, 2012
S&P Breaks Support: 83 Inverse Equity ETFs To Use As A Hedge
Epsilon • Wed, Jun 6, 2012 • 4 Comments
Momentum Trades XI: Hot Hands ETFs In April
Fredrik Arnold • Thu, May 10, 2012 • 2 Comments
The Return Of Economic Nationalism And Rising Investment Risk In Brazil
Caiman Valores • Mon, May 7, 2012 • 11 Comments
Momentum Trades, Part X: 'Hot Hands' ETFs Gassed In March
Fredrik Arnold • Mon, Apr 9, 2012
8 ETFs Poised To Rise In A Pullback Scenario
Stookle • Mon, Feb 13, 2012
How To Profit From A Stock Market Crash, Part II: Inverse Equity ETFs
Epsilon • Sun, Feb 12, 2012 • 6 Comments
Momentum Trading Strategies Part VII: Hot Hands ETFs 2011 Summary
Fredrik Arnold • Mon, Jan 16, 2012 • 2 Comments
Momentum Trading Strategies Part VI: Hot Hands ETFs Seek Direction In December
Fredrik Arnold • Sun, Jan 15, 2012 • 3 Comments
Momentum Trading Strategies Part V: Hot Hands ETFs Breakout Gains For November
Fredrik Arnold • Sun, Dec 4, 2011
Emerging Opportunities: Backing Brazil, Avoiding Indian Inflation [Video]
Russ Koesterich • Mon, Oct 31, 2011
A Strategy For Shorting Leveraged ETF Pairs
Eric Falkenstein • Mon, Oct 31, 2011 • 5 Comments
Bank Of Brazil Rate Decision Brings iShares MSCI Brazil Index ETF Into Focus
Michael Johnston • Wed, Oct 19, 2011
ETFs Cannot Fully Account For Increased Correlation
Roger Nusbaum • Sun, Oct 16, 2011 • 1 Comment
Commodity-Rich Brazil Offers Investors Many Ways To Profit
Hard Assets Investor • Mon, Aug 29, 2011 • 7 Comments
20 Best and Worst ETFs, ETNs, and Closed-End Funds in the Market Drop
Value Research • Wed, Aug 17, 2011 • 2 Comments

There are no Transcripts on BZQ.

ProShares Announces ETF Share Splits

Business Wire (Apr 25, 2012)

BZQ vs. ETF Alternatives

BZQ Description

ProShares UltraShort MSCI Brazil Capped seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the MSCI Brazil 25/50 Index®.
See more details on sponsor's website

Country: Brazil

Key Info

In Your Portfolio: A Guide to International Equity ETFs
Asset Class Performance: Emerging Markets, Countries

All
| Earnings
| Dividends
| M&A
| On the move

Wednesday, May 1, 10:52 AM Investors wanting leveraged bearish exposure to Brazil (EWZ) and South Korea (EWY) get two new offerings today as Direxion launches the Daily Brazil Bear 3x ETF (BRZS) and the Daily South Korea Bear 3x ETF (KORZ). The bull versions (BRZU, KORU) of these funds launched about a month ago. Comment! [Global & FX]
Wednesday, April 17, 8:13 PM Responding to percolating inflation even amid lame economic growth, Brazil's central bank hikes its benchmark rate for the first time in nearly 2 years, lifting the Selic 25 bps to 7.5%. The poor Bovespa - the bank's recently-completed rate-cutting cycle failed to do much for Brazilian stocks, and now it's back to tightening again. EWZ -31.9% over the last 2 years. 1 Comment [Global & FX]
Wednesday, April 10, 4:42 PM Direxion launches two triple-leveraged single-country ETFs today - Daily Brazil Bull 3X Shares (BRZU) and Daily South Korea Bull 3X Shares (KORU). Both the funds have an expense ratio of 0.95%, much higher than counterparts FKO and FBZ (0.80%) and EWY and EWZ (0.60%), but matching UBR (0.95%). The timing of the launch is interesting as both countries have struggled to perform recently, with iShares' Brazil fund EWZ -13.4% (last 12 months) and -2.4% (YTD). EWY (South Korea) is -6.2% (last 12 months) and -12.3% (YTD). Comment!
Monday, April 1, 9:10 AM Brazil's PMI slows to 51.8 in March from 52.5 previously, but remains in expansion territory for the 6th consecutive month. The average of 52.5 for Q1 is higher than the 51.2 pace for 2012 Q4. Price pressures percolate with input prices rising at their fastest pace in almost 2 years. EWZ -0.25% premarket. Comment! [Global & FX]
Wednesday, March 27, 11:29 AM Brazil puts in a sharp reversal after a gauge of inflation slows and President Rousseff - speaking in South Africa - says anti-inflation policies are outdated. The two combine to give hope the central bank will refrain from what was thought to be an imminent hike in rates. EWZ +0.6%. The real (BZF) declines for a 7th straight day. 1 Comment [Global & FX]
Monday, March 11, 9:40 AM The Brazil ETF (EWZ) weakens 0.8% out of the gate after the central bank moves to weaken the real by setting an auction of up to 30K reverse FX swap contracts. The action may ultimately juice stocks, but the EWZ is not currency hedged. Real ETF: BZF -0.5%. Comment! [Global & FX]
Tuesday, February 12, 3:44 PM Markets make opinons, they say, and Brazil's (EWZ) poor performance has managers pulling funds and talking about long-term troubles for the next great country. Money is instead chasing performance in Mexico (EWW), Peru (EPU), and Chile (ECH). A 10% move up in the Bovespa and it's our guess the prospects for Brazil among the adviser crowd will have improved. Comment! [Global & FX]
Friday, February 1, 7:44 AM Brazil's January PMI rises to 53.2 from 51.1 in December, and consensus 51.0. It's a 23-month high for the gauge and was led by strong rises in New Orders and Production. HSBC: "Despite these strong numbers, the growth outlook for Brazil remains vulnerable to the fallout from uncertainty regarding electricity supply." Comment! [Global & FX]
Tuesday, January 8, 10:10 AM Struggling to meet its budget targets amid disappointing tax revenue, Brazil changes the rules, calling about $20B of spending, "investments," and excluding it from the budget goal. EWZ - dominated by Petrobas, Vale, and the big banks - fell nearly 5% last year even as the central bank furiously cut rates. Small caps (BRF) fared better, up more than 15%. 2 Comments [Global & FX]
Wednesday, January 2, 9:15 AM Brazil's December PMI slips to 51.1 from 52.2 previously. The Employment index remained below 50 for the 9th consecutive month, and Backlogs continue to contract as well, as companies have no problem keeping up with orders despite smaller staffs. The Bovespa +2.6% in early action. 1 Comment [Global & FX]
Friday, November 30, 2012, 7:39 AM Brazil's GDP grows just 0.6% in Q3, far less than forecasts for 1.2%. The punk print is lead by a steep 2% decline in investment. "If investment doesn't rebound then we are in trouble in 2013," says an economist. Interest rate futures - which had baked in no policy changes for more than a year - are sharply higher, now beginning to price in further rate cuts. EWZ +0.4% premarket. 1 Comment [Global & FX]
Wednesday, November 28, 2012, 5:04 PM Ending more than a year-long string of rate cuts which brought the Selic down more than 500 basis points, Brazil's central bank leaves its benchmark rate unchanged at 7.25%, and says it will keep rates stable "for a prolonged period." Shares have thus far not responded to the easier policy, EWZ -10.2% YTD. Comment! [Global & FX]
Tuesday, November 6, 2012, 8:21 AM Brazil's October services PMI slides to 50.4 from 52.8 previously. "The slowdown in economic activity ... was unexpected, as we were expecting the economy to gain further momentum in Q4," says HSBC. More positively, the business expectations index jumped to 86.8 from 67.5. Comment! [Global & FX]
Thursday, November 1, 2012, 9:36 AM Brazil's HSBC October PMI rises to 50.2 from 49.8 previously, the first time in expansion territory since March. New Orders and Production led the gain, but New Export Orders contracted for the 19th consecutive month. The Bovespa continues to be the exception to the "Don't fight the (central bank)" rule, -11.6% Y/Y even as short rates have come down more than 500 basis points. Comment! [Global & FX]
Thursday, October 25, 2012, 11:56 AM Brazil's unemployment rate falls to 5.4% in September - a record-low for that month, though missing expectations for 5.3%. A year ago, the rate stood at 6%. The Bovespa leads global markets on the upside today, +1.2%, though still down over the past year even as the central bank has slashed rates more than 500 basis points. Comment! [Global & FX]
Wednesday, October 24, 2012, 3:18 PM Hoping to keep the sales momentum going, Brazil extends to the end of the year tax cuts on car purchases. In addition, the government makes lending easier by reducing the reserves banks must hold against auto loans. Part of the program also includes raising tariffs on imports, a move already causing a rush of foreigners planning plants in the country. 1 Comment [Global & FX]

Michael Clark
Lets short: APOL BBVA CNTF DSX ESI GNW HL IES.DE IRE, ITMN, JDSU, KWT, MTL, MXWL, NOG, SAN, VCI, VVUS, WPRT Long: JO, NFLX, BZQ, EEV, FXP
7/19/12
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Tack: I must be buying your SAN shorts.
7/19/12
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Michael Clark: Must be. Did you notice VVUS dropped 10% last night. Another one of my shorts from yesterday.
7/20/12
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Mercy Jimenez
BZQ may have > upside; Are cancelled mineral rights Brazil's 1st step 2 tango w/ confiscation a la Argentina? http://reut.rs/MUQNAY
6/27/12
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mljpm: Long. Banking on weaker real.
6/27/12
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Mercy Jimenez: Agree but Dilma's political evolution "from Marxism to pragmatic capitalism"--could mean just about anything http://bit.ly/IuI234
6/27/12
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mljpm
BZQ short on Brazil again
5/10/12
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mljpm
Looking to buy BZQ tomorrow. I am thinking w/ China slowdown and Europe woes, I see Brazil going down a bit more.
5/7/12
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Justin M. Hall
4/24/12 1:30A ET: Playing it safe, we locked in modest profits on BZQ (+3.6%) and BAL (+6.4%). http://bit.ly/t7mrwo
4/24/12
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Justin M. Hall: We'll likely revisit both of these trades in the future.
4/24/12
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Justin M. Hall
4/19/12 6:30A ET: [Attention Sellers] I think Mr. Shamar makes a good case and recommend shorting Brazil now via BZQ. Alternative: LHB
4/19/12
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Justin M. Hall: We exitied this position on 4/23/12 for a modest gain of 3.6%.
4/24/12
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srspa77: I'm still holding LHB. I bought at $15 in February. Hoping to exit at 20 or more.
5/14/12
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Dr. Kris
(cont'd) Play the breakdown by going long their ultrashort counterparts: Brazil (BZQ), India (INDZ), China (FXP). Options on the BZQ & FXP.
2/9/11
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buyitcheap
SMN and BZQ call spreads on on LIGHT volume on XLB and EWZ respectively
6/2/10
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LATEST REPLIES

Michael Clark
Lets short: APOL BBVA CNTF DSX ESI GNW HL IES.DE IRE, ITMN, JDSU, KWT, MTL, MXWL, NOG, SAN, VCI, VVUS, WPRT Long: JO, NFLX, BZQ, EEV, FXP
7/19/12
Reply (2)

• !Report Abuse
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Tack: I must be buying your SAN shorts.
7/19/12
• !Report Abuse
Michael Clark: Must be. Did you notice VVUS dropped 10% last night. Another one of my shorts from yesterday.
7/20/12
• !Report Abuse
Add a reply...

140 characters

Mercy Jimenez
BZQ may have > upside; Are cancelled mineral rights Brazil's 1st step 2 tango w/ confiscation a la Argentina? http://reut.rs/MUQNAY
6/27/12
Reply (4)

• !Report Abuse
View all 4 replies
mljpm: Long. Banking on weaker real.
6/27/12
• !Report Abuse
Mercy Jimenez: Agree but Dilma's political evolution "from Marxism to pragmatic capitalism"--could mean just about anything http://bit.ly/IuI234
6/27/12
• !Report Abuse
Add a reply...

140 characters

Justin M. Hall
4/19/12 6:30A ET: [Attention Sellers] I think Mr. Shamar makes a good case and recommend shorting Brazil now via BZQ. Alternative: LHB
4/19/12
Reply (5)

• !Report Abuse
View all 5 replies
Justin M. Hall: We exitied this position on 4/23/12 for a modest gain of 3.6%.
4/24/12
• !Report Abuse
srspa77: I'm still holding LHB. I bought at $15 in February. Hoping to exit at 20 or more.
5/14/12
• !Report Abuse
Add a reply...

140 characters

Justin M. Hall
4/24/12 1:30A ET: Playing it safe, we locked in modest profits on BZQ (+3.6%) and BAL (+6.4%). http://bit.ly/t7mrwo
4/24/12
Reply (1)

• !Report Abuse
View all 1 replies
Justin M. Hall: We'll likely revisit both of these trades in the future.
4/24/12
• !Report Abuse
Add a reply...

140 characters

BZQ ProShares UltraShort MSCI Brazil Capped ETF

BZQ

ProShares UltraShort MSCI Brazil Capped ETF