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ProShares Ultra MSCI EAFE (EFO)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US74347X5005
CUSIP
74347X500
Issuer
ProShares
Inception Date
Jun 2, 2009
Region
Developed Markets (EAFE)
Leveraged
2x
Index Tracked
MSCI EAFE Index (200%)
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in ProShares Ultra MSCI EAFE, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

ProShares Ultra MSCI EAFE (EFO) has returned -0.08% so far this year and 37.55% over the past 12 months. Over the last ten years, EFO has returned 9.59% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


ProShares Ultra MSCI EAFE

1D
6.60%
1M
-16.14%
YTD
-0.08%
6M
7.57%
1Y
37.55%
3Y*
19.30%
5Y*
7.06%
10Y*
9.59%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jun 4, 2009, EFO's average daily return is +0.06%, while the average monthly return is +1.08%. At this rate, your investment would double in approximately 5.4 years.

Historically, 58% of months were positive and 42% were negative. The best month was Nov 2020 with a return of +33.7%, while the worst month was Mar 2020 at -30.3%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.

On a daily basis, EFO closed higher 48% of trading days. The best single day was Apr 9, 2025 with a return of +14.7%, while the worst single day was Mar 12, 2020 at -21.6%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20269.10%9.21%-16.14%-0.08%
20259.95%4.88%-0.15%5.69%8.28%5.09%-5.37%8.65%3.42%2.01%0.44%5.07%58.51%
2024-1.51%5.29%6.40%-7.72%10.37%-4.83%3.87%7.28%0.41%-10.62%-1.73%-6.92%-2.15%
202317.57%-6.67%4.60%5.26%-8.08%8.57%3.77%-8.94%-7.44%-6.40%16.97%8.94%25.77%
2022-7.38%-6.95%1.08%-15.28%4.44%-17.84%9.81%-12.25%-18.92%10.05%27.82%-4.62%-33.62%
2021-1.37%4.47%3.55%5.61%6.75%-1.99%0.90%3.06%-7.21%7.23%-9.67%8.37%19.38%

Benchmark Metrics

ProShares Ultra MSCI EAFE has an annualized alpha of -6.74%, beta of 1.63, and R² of 0.58 versus S&P 500 Index. Calculated based on daily prices since June 05, 2009.

  • This ETF participated in 184.03% of S&P 500 Index downside but only 180.25% of its upside — more exposed to losses than it benefited from rallies.
  • This ETF had an annualized alpha of -6.74% versus S&P 500 Index — delivering less than market exposure alone would predict.
  • Beta of 1.63 means this ETF moves significantly more than S&P 500 Index — expect amplified gains in rallies and amplified losses in downturns.

Alpha
-6.74%
Beta
1.63
0.58
Upside Capture
180.25%
Downside Capture
184.03%

Expense Ratio

EFO has a high expense ratio of 0.95%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

EFO ranks 59 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


EFO Risk / Return Rank: 5959
Overall Rank
EFO Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
EFO Sortino Ratio Rank: 6060
Sortino Ratio Rank
EFO Omega Ratio Rank: 5858
Omega Ratio Rank
EFO Calmar Ratio Rank: 6161
Calmar Ratio Rank
EFO Martin Ratio Rank: 5858
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for ProShares Ultra MSCI EAFE (EFO) and compare them to a chosen benchmark (S&P 500 Index).


EFOBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.08

0.90

+0.18

Sortino ratio

Return per unit of downside risk

1.60

1.39

+0.21

Omega ratio

Gain probability vs. loss probability

1.22

1.21

+0.01

Calmar ratio

Return relative to maximum drawdown

1.59

1.40

+0.20

Martin ratio

Return relative to average drawdown

5.90

6.61

-0.71

Explore EFO risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

ProShares Ultra MSCI EAFE provided a 1.73% dividend yield over the last twelve months, with an annual payout of $1.10 per share. The fund has been increasing its distributions for 2 consecutive years.


0.00%0.50%1.00%1.50%2.00%$0.00$0.20$0.40$0.60$0.80$1.0020182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018
Dividend$1.10$1.06$0.92$0.83$0.00$0.00$0.00$0.16$0.03

Dividend yield

1.73%1.65%2.24%1.93%0.00%0.00%0.00%0.37%0.11%

Monthly Dividends

The table displays the monthly dividend distributions for ProShares Ultra MSCI EAFE. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.18$0.18
2025$0.00$0.00$0.14$0.00$0.00$0.22$0.00$0.00$0.34$0.00$0.00$0.37$1.06
2024$0.00$0.00$0.16$0.00$0.00$0.23$0.00$0.00$0.25$0.00$0.00$0.28$0.92
2023$0.00$0.00$0.09$0.00$0.00$0.26$0.00$0.00$0.23$0.00$0.00$0.25$0.83
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the ProShares Ultra MSCI EAFE. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the ProShares Ultra MSCI EAFE was 63.52%, occurring on Mar 23, 2020. Recovery took 268 trading sessions.

The current ProShares Ultra MSCI EAFE drawdown is 16.38%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-63.52%Jan 29, 2018541Mar 23, 2020268Apr 15, 2021809
-53.95%Sep 7, 2021267Sep 27, 2022662May 19, 2025929
-49.36%May 2, 2011275Jun 1, 2012325Sep 18, 2013600
-45.23%Jul 7, 2014406Feb 12, 2016403Sep 19, 2017809
-38.22%Apr 15, 201036Jun 7, 2010106Nov 4, 2010142

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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