New

Trackinsight is part of ETF One, the fully integrated ETF platform of Kepler Cheuvreux. Learn more →

Help us improve your experience. Please confirm your investor type:

Compare ETFs Easily

The Ultimate ETF Comparison Tool - Try Now!

Analyze up to 5 ETFs side-by-side and gain instant insights on performance, fees, holdings, and more to make data-driven investment decisions.

›ETF Providers›ProShares›YCS
YCS
US74347W5691
Passive ETFCurrencies

YCS ETF · ProShares UltraShort Yen

The YCS Exchange Traded Fund (ETF) is provided by ProShares. It is built to track an index: JPY/USD Spot Exchange Rate. This ETF provides synthetic exposure, by owning its shares you earn the return of the index indirectly through the use of derivatives or a swap (i.e. a contract with a financial institution which delivers the return of the index). This share class generates a stream of income by distributing dividends.
Last update 3/13/2026, 1:30 PM UTC
LIVE
CLOSED
This fund is part ofOther Inverse Products1M perf.-9.61%
Last price
$53.53
1M perf.
+9.87%
1M flows
+€2.3M
AuM
€28M
E/R
0.95%
Rating
Not rated
ESG Consensus®
esg grade icon
YCS
$53.53

Performance & flows

December 15, 2025 → March 13, 2026
0-202468%JANFEBMAR
Create a free account to view the flows graph
YCS
$53.52
+7.44%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
+9.87%
+7.44%
+25.15%
+90.57%
+183.56%
+4.78%
+5.06%
+5.06%
Flows

Key fund info

This ETF's jurisdiction country is not in your region (Europe and Middle East) Â· 
Main characteristics
Issuer
CUSIP
74347W569
ISIN
US74347W5691
AuM
€28M
E/R
0.95%
Replication rating
Not rated
ESG Consensus®
esg grade icon
More details
NAV
3/13/2026
$53.52
1D NAV change
+0.39%
Dividend policy
Replication method
Indirect
Replication model
Unfunded swap
No. of holdings
N/A
Inception date
11/24/2008
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Fund
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
Create a free account to view dividend distribution
Classification
Product type
Benchmark
JPY/USD Spot Exchange Rate
Asset class
Factors
N/A
Investment strategy
ProShares UltraShort Yen seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the price of the Japanese yen versus the U.S. dollar.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
Create a free Trackinsight Essentials account to unlock insights
Access exclusive metrics and features to support your investment decisions.
half moonhalf moon double
Built for professionals: access exclusive fund metrics and selection tools in Trackinsight Enterprise.
Enterprise Fund page features include:
Legal documents
Powerful buy-list integration
Fund data exports
Advanced risk metrics
Advanced replication analysis
Advanced exposure look-through
Upload your own internal metrics
Custom data feature
See all Trackinsight Enterprise features

Trackinsight
Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight Enterprise

Advertisement

Risk profile

Historical risk/return profile

3M1Y3Y5Y
Returns
+7.44%
+25.15%
+90.57%
+183.56%
Volatility
Perf./Volatility
Max drawdown
Create a free account to view risk/return table
Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
Built for professionals: access exclusive risk metrics in Trackinsight Enterprise.

Trackinsight
Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Learn more about Trackinsight Enterprise

Exposure

Built for professionals: access exclusive exposure metrics in Trackinsight Enterprise.

Trackinsight
Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Learn more about Trackinsight Enterprise

Sustainability

Integrates ESG criteria
No
SDG
Built for professionals: access exclusive sustainability metrics in Trackinsight Enterprise.

Trackinsight
Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Learn more about Trackinsight Enterprise

Issuer

ProShares
ProShares ID Card
Number of funds
163
Total AuM
€93.48B
Expense ratio range
0.13% - 12.07%
Average expense ratio
1.5079%
Top 5 funds by ProShares
AuM
TQQQ
ProShares UltraPro QQQ ETF€21.8B
IQMM
ProShares GENIUS Money Market ETF€19.69B
NOBL
ProShares S&P 500 Dividend Aristocrats ETF€9.73B
QLD
ProShares Ultra QQQ ETF€8.11B
SSO
ProShares Ultra S&P500 ETF€5.38B

Frequently asked questions about YCS

What does ProShares UltraShort Yen, YCS, invest in?

YCS is a Passive ETF. This ETF provides inverse exposure (-2x) to Currencies.

Which benchmark or index does YCS replicate?

YCS tracks the JPY/USD Spot Exchange Rate, through a unfunded swap replication method.

What is the Total Expense ratio (TER) of YCS?

YCS carries a total expense ratio (TER) of 0.95%, indicating the annual cost for holding the fund.

When was YCS launched?

YCS was introduced to the market on November 24, 2008. It trades on United States

Who is the ETF issuer of YCS?

ProShares UltraShort Yen, YCS, is provided by ProShares. Learn more about ProShares here.

What is the current assets under management (AUM) of YCS?

YCS oversees €28M in assets as of March 13, 2026.

How has YCS performed lately?

Based on data from March 13, 2026, YCS returned 9.87% over the past month, 7.44% over the last three months and 5.06% year-to-date.

What are the latest inflows or outflows for YCS?

As of March 13, 2026, YCS recorded net flows of +€2.3M over the last month and -€3.7M year-to-date.

Does YCS distribute dividends?

YCS follows a distributing dividend policy, meaning it pays out income to investors.

What is the base currency of YCS?

The base currency of YCS is USD.

Advertisement

Trackinsight

About Trackinsight

Since our founding in 2016, we have been at the forefront of the industry, delivering accessible, comprehensive, and reliable tools to support the evolving needs of investors.

Over the past decade, Trackinsight has expanded its operations across six countries, serving thousands of professional investors. We’ve consistently innovated to provide cutting-edge solutions that meet the changing demands of the ETF market.

In 2024, Kepler Cheuvreux, a leading independent European financial services firm, acquired a majority stake in Trackinsight, becoming the company's principal shareholder.

This strategic partnership solidifies Trackinsight's position as a premier provider of ETF selection and analysis tools, while strengthening Kepler Cheuvreux’s commitment to becoming a leading player in the ETF sector.

Together, we are committed to offering advanced services that empower professional investors, advisors, institutions, and issuers. This new step enables us to deliver even more comprehensive and innovative technological solutions, driving ETF investing to new heights.

More about Trackinsight
© 2014-2026 Trackinsight SA. All rights reserved.
Privacy policy  |  Cookie policy  |    |  Terms of use  |  Imprint
Trackinsight