ProShares Short MSCI Emerging Markets (EUM)
EUM is a passive ETF by ProShares tracking the investment results of the MSCI Emerging Markets Index (-100%). EUM launched on Nov 1, 2007 and has a 0.95% expense ratio.
ETF Info
ISIN | US74347R3966 |
---|---|
CUSIP | 74347R396 |
Issuer | ProShares |
Inception Date | Nov 1, 2007 |
Region | Emerging Markets (Broad) |
Category | Inverse Equities |
Index Tracked | MSCI Emerging Markets Index (-100%) |
Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
The ProShares Short MSCI Emerging Markets has a high expense ratio of 0.95%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Popular comparisons: EUM vs. QQQ
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in ProShares Short MSCI Emerging Markets, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
ProShares Short MSCI Emerging Markets had a return of -0.09% year-to-date (YTD) and -1.98% in the last 12 months. Over the past 10 years, ProShares Short MSCI Emerging Markets had an annualized return of -5.55%, while the S&P 500 had an annualized return of 10.96%, indicating that ProShares Short MSCI Emerging Markets did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | -0.09% | 10.04% |
1 month | -0.58% | 3.53% |
6 months | -6.55% | 22.79% |
1 year | -1.98% | 32.16% |
5 years (annualized) | -4.23% | 13.15% |
10 years (annualized) | -5.55% | 10.96% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 5.44% | -3.58% | ||||||||||
2023 | 7.54% | 3.83% | 3.91% | -6.90% | -3.19% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
This table presents risk-adjusted performance metrics for ProShares Short MSCI Emerging Markets (EUM) and compares them with a selected benchmark (^GSPC). These performance indicators assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
ProShares Short MSCI Emerging Markets | -0.22 | ||||
S&P 500 | 2.76 |
Dividends
Dividend History
ProShares Short MSCI Emerging Markets granted a 4.34% dividend yield in the last twelve months. The annual payout for that period amounted to $0.61 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
---|---|---|---|---|---|---|---|
Dividend | $0.61 | $0.55 | $0.07 | $0.00 | $0.02 | $0.23 | $0.18 |
Dividend yield | 4.34% | 3.86% | 0.46% | 0.00% | 0.15% | 1.35% | 0.88% |
Monthly Dividends
The table displays the monthly dividend distributions for ProShares Short MSCI Emerging Markets. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.00 | $0.00 | ||||||||||
2023 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.22 |
2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 |
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 |
2020 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
2019 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.05 |
2018 | $0.01 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.13 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the ProShares Short MSCI Emerging Markets. 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 Short MSCI Emerging Markets was 90.95%, occurring on Feb 17, 2021. The portfolio has not yet recovered.
The current ProShares Short MSCI Emerging Markets drawdown is 88.30%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-90.95% | Oct 28, 2008 | 3097 | Feb 17, 2021 | — | — | — |
-23.6% | Oct 10, 2008 | 2 | Oct 13, 2008 | 9 | Oct 24, 2008 | 11 |
-19.42% | Sep 18, 2008 | 2 | Sep 19, 2008 | 11 | Oct 6, 2008 | 13 |
-18.94% | Mar 20, 2008 | 42 | May 19, 2008 | 58 | Aug 11, 2008 | 100 |
-12.64% | Nov 27, 2007 | 8 | Dec 6, 2007 | 27 | Jan 16, 2008 | 35 |
Volatility
Volatility Chart
The current ProShares Short MSCI Emerging Markets volatility is 3.42%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.