ProShares UltraShort Yen (Ticker: YCS) is a dynamic exchange-traded fund (ETF) designed for investors looking to capitalize on currency market movements, specifically through a strategic pairing focus. This ETF falls under the category of pair-focused investments, with a distinct emphasis on leveraging the relative strengths of the US Dollar (USD) against the Japanese Yen (JPY). By employing sophisticated financial derivatives, ProShares UltraShort Yen provides investors with a leveraged position that effectively goes long on the USD while shorting the JPY.
This derivative niche investment is particularly appealing for those anticipating a weakening of the Japanese Yen relative to the US Dollar or seeking to hedge against currency risk in their portfolio. YCS utilizes financial instruments that aim to deliver twice the inverse of the daily performance of the spot exchange rate between the USD and the JPY. Such a leveraged and inverse approach is designed for tactical investors with a high-risk tolerance, familiar with the complexities of currency markets, and looking to exploit short-term volatility or longer-term trends in the USD/JPY exchange rate.
ProShares UltraShort Yen is not a traditional buy-and-hold asset but rather a tool for active traders aiming to achieve short-term gains or hedge against specific currency movements, making it a compelling option for those with a sophisticated investment strategy in the forex landscape.
Asset Class
Currency
Region
Asia-Pacific
Issuer
ProShares
Index Tracked
Japanese Yen per U.S. Dollar
Ticker Symbol
YCS
ProShares UltraShort Yen (YCS) Fund Flow Chart
ProShares UltraShort Yen (YCS) 1 year Net Flows: 6M
YCS ETF FAQ
What was YCS’s price range in the past 12 months?
YCS lowest ETF price was 36.95 and its highest was 48.46 in the past 12 months.
What is the AUM of YCS?
As of Jan 28, 2025 The AUM of YCS is 23.05M.
Is YCS overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does YCS pay dividends?
YCS does not currently pay dividends.
How many shares outstanding does YCS have?
YCS has 497,182 shares outstanding.
Which hedge fund is a major shareholder of YCS?
Currently, no hedge funds are holding shares in YCS