# EWJ Leveraged ETFs: 2x & Inverse, Compared

> 2 leveraged and inverse ETFs on EWJ: multiple, issuer, fee and net assets. Each against its stated multiple, as of Oct 27, 2026.

Data as of Oct 27, 2026. Rebuilt every trading night.

Data as of Oct 27, 2026 .

## EWJ leveraged and inverse ETFs

As of Oct 27, 2026, 2 ETFs aim to return −2x to 2x the daily move in Japan (EWJ). Over three months they finished from −2.0 to +0.9 percentage points against what their stated multiples implied.

### Browse leveraged ETFs

### All 2 leveraged and inverse ETFs on EWJ

| Ticker | Fund | Issuer | 1M vs multiple | 3M vs multiple | 1Y vs multiple | Net assets | Net assets as of | Fee | Total return 1M | Total return 3M | Total return YTD | Total return 1Y | Total return 3Y | Total return since launch | Multiple |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| EZJ | ProShares Ultra MSCI Japan | ProShares | −0.7 pts | −2.0 pts | −10.4 pts | $11m | Oct 27, 2026 | 1.18% | −6.1% | +10.0% | +28.4% | +27.6% | +135.6% | +286.3% | +2x |
| EWV | ProShares UltraShort MSCI Japan | ProShares | +0.7 pts | +0.9 pts | +5.9 pts | $4.2m | Oct 27, 2026 | 0.95% | +6.1% | −11.1% | −32.1% | −32.1% | −70.1% | −98.1% | -2x |

What EWJ itself did over the same days: −2.7% over one month, +6.0% over three months, +19.0% over one year.

### Questions people ask

Which 2x EWJ ETFs are there? As of Oct 27, 2026, 1 ETF sets out to return 2x the daily move in Japan ( EWJ ): EZJ. Which inverse EWJ ETFs are there? As of Oct 27, 2026, 1 ETF sets out to return the opposite of the daily move in Japan ( EWJ ), at −2x: EWV. Which EWJ leveraged ETF is largest? EZJ , ProShares Ultra MSCI Japan, at $11m in net assets on Oct 27, 2026, the largest of the 2 on EWJ with a published size.

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Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.
Cite: ETFIQ, EWJ leveraged and inverse ETFs, data as of Oct 27, 2026. https://etfiq.com/leverage/ewj-leveraged-etfs
Licence: https://etfiq.com/license/ Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.
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