ProShares Ultra MSCI Emerging Markets (EET) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with EET. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to EET
EET charges 0.95% annually. There are 100 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 44.22M | Mar 2026 | EET vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 49.31M | Sep 2021 | EET vs IFED | |
| Direxion Daily S&P 500 Bull 2X ETF | 0.60% | 257.66M | May 2014 | EET vs SPUU | |
| Leverage Shares 2X Long AMD Daily ETF | 0.75% | 41.64M | Jan 2025 | EET vs AMDG | |
| Leverage Shares 2X Long NVDA Daily ETF | 0.75% | — | Dec 2024 | EET vs NVDG |
Best Risk-Adjusted Alternatives to EET
EET has a PortfoliosLab risk / return rank of 57. There are 46 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 99 | 6.16B | Oct 2024 | EET vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | 923.53M | Nov 2024 | EET vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.82M | Apr 2021 | EET vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 97 | 20.50M | Apr 2021 | EET vs QTAP | |
| GraniteShares 2x Long INTC Daily ETF | 97 | 509.42M | Feb 2025 | EET vs INTW |
Top Performing EET Alternatives (YTD)
EET is at 34.00% YTD. There are 75 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 857.58%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long DELL Daily ETF | 857.58% | 162.40M | Feb 2025 | EET vs DLLL | |
| Direxion Daily MU Bull 2X Shares | 640.02% | 6.16B | Oct 2024 | EET vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 619.42% | 923.53M | Nov 2024 | EET vs MULL | |
| Direxion Daily INTC Bull 2X Shares | 438.70% | 101.49M | Nov 2025 | EET vs LINT | |
| GraniteShares 2x Long INTC Daily ETF | 438.59% | 509.42M | Feb 2025 | EET vs INTW |
Lowest Volatility Alternatives to EET
EET has 47.09% 1-year volatility. There are 105 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.76%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.76% | 22.82M | Apr 2021 | EET vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 6.21% | 20.50M | Apr 2021 | EET vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.39% | 13.45M | Jul 2021 | EET vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | 10.51% | 20.95M | Jul 2021 | EET vs QTJL | |
| Innovator US Equity Accelerated ETF | 10.54% | 69.49M | Apr 2021 | EET vs XDSQ |
Lowest Drawdown Alternatives to EET
EET has a 1-year max drawdown of -26.38%. There are 48 ETFs in the Leveraged Equities category with shallower 1-year drawdowns, going as shallow as -1.72%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.72% | 22.82M | Apr 2021 | EET vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -2.49% | 20.50M | Apr 2021 | EET vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.45M | Jul 2021 | EET vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 20.95M | Jul 2021 | EET vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 69.49M | Apr 2021 | EET vs XDSQ |
Other ETFs from ProShares
The 10 most viewed ProShares ETFs shown here include TQQQ, QLD, BITO and span 10 categories. AUM among these funds goes as high as $37B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities | 50 | 42.86% | 37.04B | Feb 2010 | EET vs TQQQ | |
| ProShares Ultra QQQ | Leveraged Equities | 52 | 30.96% | 14.15B | Jun 2006 | EET vs QLD | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 1 | -27.52% | 1.45B | Oct 2021 | EET vs BITO | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 52 | 25.19% | 5.47B | Jun 2009 | EET vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 55 | 18.15% | 8.13B | Jun 2006 | EET vs SSO | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 76 | 81.18% | 2.97B | Jan 2007 | EET vs USD | |
| ProShares S&P 500 Dividend Aristocrats ETF | Dividend, S&P 500, Large Cap Value Equities | 33 | 9.33% | 11.63B | Oct 2013 | EET vs NOBL | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Inverse Equities, Nasdaq-100 | 1 | -42.24% | 2.09B | Feb 2010 | EET vs SQQQ | |
| ProShares Nasdaq-100 High Income ETF | Nasdaq-100, Derivative Income, Dividend | 56 | 14.90% | 410.75M | Mar 2024 | EET vs IQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Volatility | 1 | -33.76% | 216.19M | Oct 2011 | EET vs UVXY |
Often Compared With EET
Investors most often compare EET with EDC, EFO, EEM. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare EET with Any Fund or Stock
Compare EET with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair EET with funds that move differently
ProShares Ultra MSCI Emerging Markets alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EET.
Explore EET Diversifiers