🌍 Short International Markets
Inverse exposure to global markets outside the US
Currency & Geopolitical Risk
International inverse ETFs are affected by currency fluctuations and geopolitical events. Emerging markets can be especially volatile due to political instability, capital controls, and liquidity issues.
Short USD ETF vs International Short ETF
If you searched “short USD ETF,” be careful: most pages on ShortAssets here are equity-market inverse ETFs, not direct U.S. dollar currency shorts. EFZ, EUM, YANG, and EDZ short foreign equity benchmarks, so their returns can be affected by stocks, currency translation, country risk, and daily reset mechanics.
| Intent | Better fit on this site | What to confirm |
|---|---|---|
| Short developed international stocks | EFZ | MSCI EAFE exposure, currency effects, spread, and daily target. |
| Short emerging markets | EUM or EDZ | 1x versus 3x leverage and country/index concentration. |
| Short China equities | YANG | China index exposure, 3x daily reset, and geopolitical gap risk. |
| Short the U.S. dollar itself | Dedicated currency products off-site | Whether the product tracks DXY, a currency basket, or a single pair such as USD/CHF. |
| Ticker | Name | Shorts | Leverage | Expense | |
|---|---|---|---|---|---|
| EFZ | ProShares Short MSCI EAFE | Developed Markets | 1x | 0.95% | Details → |
| EUM | ProShares Short MSCI Emerging Markets | Emerging Markets | 1x | 0.95% | Details → |
| YANG | Direxion Daily FTSE China Bear 3X | China | 3x | 1.08% | Details → |
| EDZ | Direxion Daily Emerging Markets Bear 3X | Emerging Markets | 3x | 1.08% | Details → |