(YCS) ProShares UltraShort Yen - Overview

Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US74347W5691

Etf: Leveraged, Inverse, Yen, ETF

Total Rating 50
Risk 60
Buy Signal 0.12
Risk 5d forecast
Volatility 21.6%
Relative Tail Risk -0.92%
Reward TTM
Sharpe Ratio 0.68
Alpha 5.65
Character TTM
Beta 0.364
Beta Downside 0.706
Drawdowns 3y
Max DD 23.05%
CAGR/Max DD 1.05

Description: YCS ProShares UltraShort Yen December 22, 2025

ProShares UltraShort Yen (NYSE ARCA: YCS) is a U.S.–based exchange-traded fund that aims to deliver twice the inverse of the daily movement of the Japanese yen against the U.S. dollar. It does this by entering short positions in yen-denominated financial instruments and by holding high-quality cash equivalents (e.g., U.S. Treasuries) as collateral for those positions.

Key metrics as of the latest filing: an expense ratio of roughly 0.95%, assets under management near $250 million, and an average daily trading volume of about 1 million shares. The fund’s performance is driven primarily by the USD/JPY exchange rate, which reacts to Bank of Japan monetary policy, U.S. interest-rate differentials, and global risk sentiment that influences the classic “yen carry trade.” Because YCS resets its leverage daily, it is best suited for short-term tactical bets rather than long-term buy-and-hold strategies.

For a deeper dive into YCS’s risk profile and historical performance, you might explore its analytics on ValueRay.

What is the price of YCS shares?

As of February 08, 2026, the stock is trading at USD 51.55 with a total of 25,768 shares traded.
Over the past week, the price has changed by +3.20%, over one month by +1.20%, over three months by +7.28% and over the past year by +17.86%.

Is YCS a buy, sell or hold?

ProShares UltraShort Yen has no consensus analysts rating.

What are the forecasts/targets for the YCS price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 62.5 21.2%

YCS Fundamental Data Overview February 05, 2026

Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 40.3m USD (40.3m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 40.3m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 40.3m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 7.26% (E(40.3m)/V(40.3m) * Re(7.26%) + (debt-free company))
Discount Rate = 7.26% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)

Additional Sources for YCS ETF

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle