The ProShares Ultra MSCI Emerging Markets (Ticker: EET) seeks daily investment results, before fees and expenses, that correspond to TWICE the daily performance of the MSCI Emerging Markets Index. The index is designed to measure equity market performance in the global emerging markets. Top country holdings are: South Korea, China, Brazil, Taiwan, Russia, South Africa, Mexico. The index is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.