ProShares Ultra Yen (YCL)
| Assets | $46.22M |
| Expense Ratio | 0.95% |
| PE Ratio | n/a |
| Shares Out | 2.15M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Ratio | n/a |
| 1-Year Return | -22.64% |
| Volume | 95,887 |
| Open | 20.49 |
| Previous Close | 20.31 |
| Day's Range | 20.45 - 20.62 |
| 52-Week Low | 20.01 |
| 52-Week High | 27.74 |
| Beta | 0.29 |
| Holdings | 6 |
| Inception Date | Nov 24, 2008 |
About YCL
Fund Home PageThe 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.
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...
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 ...
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...
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...
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 ...
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...
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...
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...
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 ...
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 ...
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.
