ProShares Ultra Yen (YCL)

NYSEARCA: YCL · Real-Time Price · USD
22.07
+0.40 (1.85%)
Oct 31, 2024, 4:00 PM EDT - Market closed
1.85%
Assets $43.27M
Expense Ratio 0.95%
PE Ratio n/a
Shares Out 2.00M
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date n/a
Payout Ratio n/a
1-Year Return -11.98%
Volume 86,478
Open 21.82
Previous Close 21.67
Day's Range 21.77 - 22.07
52-Week Low 20.01
52-Week High 27.74
Beta 0.27
Holdings 3
Inception Date Nov 24, 2008

About YCL

Fund Home Page

The ProShares Ultra Yen (YCL) is an exchange-traded fund that mostly invests in long jpy, short usd currency. The fund provides a 2x multiple to the daily performance of the Japanese yen spot price against the US dollar as measured by Reuters. YCL was launched on Nov 24, 2008 and is issued by ProShares.

Asset Class Currency
Category Trading--Miscellaneous
Stock Exchange NYSEARCA
Ticker Symbol YCL
ETF Provider ProShares
Index Tracked JPY/USD Exchange Rate - Benchmark Price Return

News

BoJ Hikes By 25 Bps And Starts QT: Too Little Too Late, But In Right Direction To Prop Up The Plunging Yen

The “real” policy rate is massively negative, with the new policy rate of 0.25% far below Core CPI of 2.6%. When QT reaches about ¥3 trillion per month in 2026, it would represent a reduction of its J...

3 months ago - Seeking Alpha

Escape Velocity: Japan's Drift Toward Sustained Inflation

Japan has been struggling for some time to generate enough velocity in inflation to escape the gravitational pull of deflation. The story for the rest of 2024 and into 2025 is now centered on whether ...

4 months ago - Seeking Alpha

Weak Yen Unlikely To End Japan's Rally

A weak yen is unlikely to end the positive momentum in Japanese equities. The drivers of the recent rally remain, so we stay overweight Japanese stocks.

6 months ago - Seeking Alpha

The Bank of Japan's New Path Ahead

The Bank of Japan is set to normalise monetary policy when certain conditions are met, namely inflation, positive real cash earnings, and a recovery in domestic demand growth. We expect the window for...

7 months ago - Seeking Alpha

End Of An Era - Bank of Japan Reverses Negative Interest Rate Policy

Kazuo Ueda becomes Governor of the Bank of Japan, continuing the loose monetary policies implemented by his predecessor. The BOJ raises short rates from -0.1% to 0.1%, becoming the last central bank t...

8 months ago - Seeking Alpha

Bank of Japan Pivot Proves Underwhelming For Markets

The Bank of Japan has now ended decades of unconventional and aggressive monetary easing. Strong wage negotiation results played a crucial role in today's move.

8 months ago - Seeking Alpha

Bank of Japan Opens The Door To Ending Negative Rates, But Timing Uncertainty Remains

The Bank of Japan stood pat on monetary policy today as widely expected. But the market is now paying attention to a more positive tone on the wage and inflation outlook, as well as an upgrade to the ...

10 months ago - Seeking Alpha

Declining PPIs Perpetuate Japan's TINA Trade

Things were looking tough for the BoJ as recently as this summer, when the country's core CPI bolted north of 4%, far beyond the 2% inflation target that major central banks view as ideal. The Bank of...

1 year ago - Seeking Alpha

Japan's Future Remains An Issue Of Debate

The debate over the future of Japan continues. Because of its small footprint, we often forget the oversized role Japan plays in the global economy.

1 year ago - Seeking Alpha

China Could Derail Japan's Fragile Recovery

The IMF, the World Bank, and the United Nations all rank China and Japan as the second and third largest economies on the planet. More of what is occurring in the markets should reflect what is happen...

1 year ago - Seeking Alpha

Falling Inflation, Dollar Dominance And PBOC Moves With Marc Chandler

Marc Chandler and James Foord discuss international markets, economies and currencies. Has the Fed conquered inflation?

Other symbols: EUOFXAFXBFXCFXEFXYIEF
1 year ago - Seeking Alpha

Credit Suisse Reinforces Japan's Offshore Anxiety

The crisis at Credit Suisse has traders wondering who's next. Japanese lenders, with their staid depositor bases, look like unlikely targets for bank runs.

1 year ago - Seeking Alpha

Japan: A Modest Recovery Will Continue To Be Supported By Accommodative Macro Policies

We expect Japan's GDP growth to slow in 2023 but to remain above its potential rate, supported by an accommodative macro policy environment. The near-term outlook is bleak due to high inflation and we...

1 year ago - Seeking Alpha

Decoding The Yen's Strength And The Move By The BOJ

An announcement made by the Bank of Japan (BOJ) to modify its so-called Yield Curve Control framework immediately created havoc in the currency markets. When all is said and done, the BOJ will be the ...

2 years ago - Seeking Alpha

WisdomTree Japan Hedged Equity Index: 2022 Index Reconstitution

Import costs have skyrocketed as the yen has fallen to historic lows versus the dollar and the yuan. The United States and China are Japan's two largest exporters, and Japanese households are bearing ...

2 years ago - Seeking Alpha

Japan's Yen Weakness Has Changed The Competitive Landscape

After a bold move from ¥103 to ¥138 per dollar in less than two years, suddenly the Japanese yen is at a weakness level not seen since 1998. Dollar-yen isn't the only pair that matters.

Other symbols: DFJDXJFXYYCS
2 years ago - Seeking Alpha

Re-Examining Japan's Economy

The yen's tumble to two-decade lows may propel exports and help quicken a rebound for its inbound travel and tourism sector as Japan eases pandemic border restrictions.

2 years ago - Seeking Alpha