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 |
| Leveraged | 1x |
| Index Tracked | MSCI Emerging Markets Index (-100%) |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
EUM has a high expense ratio of 0.95%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 -9.63% year-to-date (YTD) and -15.72% in the last 12 months. Over the past 10 years, ProShares Short MSCI Emerging Markets had an annualized return of -6.25%, while the S&P 500 had an annualized return of 12.04%, indicating that ProShares Short MSCI Emerging Markets did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -9.63% | 22.85% |
| 1 month | -7.11% | 4.16% |
| 6 months | -11.20% | 15.77% |
| 1 year | -15.72% | 35.40% |
| 5 years (annualized) | -6.41% | 14.46% |
| 10 years (annualized) | -6.25% | 12.04% |
Monthly Returns
The table below presents the monthly returns of EUM, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 5.44% | -3.58% | -2.14% | 0.68% | -1.32% | -2.07% | -0.46% | -0.60% | -5.00% | -9.63% | |||
| 2023 | -8.18% | 8.70% | -2.99% | 1.09% | 3.02% | -3.75% | -5.30% | 7.54% | 3.83% | 3.91% | -6.90% | -3.19% | -3.89% |
| 2022 | -0.39% | 4.10% | 2.27% | 5.78% | -1.12% | 4.89% | 0.14% | 1.62% | 12.62% | 1.71% | -13.68% | 3.09% | 20.68% |
| 2021 | -3.41% | -1.21% | -0.24% | -1.38% | -1.98% | -1.18% | 6.14% | -1.85% | 3.64% | -1.30% | 3.68% | -1.78% | -1.32% |
| 2020 | 6.04% | 3.54% | 11.53% | -8.10% | -3.44% | -6.91% | -8.32% | -3.07% | 0.78% | -1.78% | -8.74% | -6.86% | -24.37% |
| 2019 | -9.47% | 1.52% | -1.08% | -2.11% | 7.57% | -5.70% | 2.84% | 3.78% | -1.60% | -4.08% | 0.11% | -6.93% | -15.27% |
| 2018 | -7.69% | 5.19% | -0.75% | 2.83% | 2.53% | 4.49% | -3.31% | 3.53% | 0.57% | 8.99% | -4.84% | 3.38% | 14.59% |
| 2017 | -6.29% | -1.92% | -3.71% | -1.77% | -2.95% | -1.04% | -5.47% | -2.39% | -0.16% | -3.13% | 0.16% | -3.65% | -28.08% |
| 2016 | 4.28% | 0.23% | -12.05% | -0.81% | 3.39% | -5.33% | -5.25% | -1.16% | -3.13% | 0.67% | 3.96% | 0.00% | -15.28% |
| 2015 | 0.04% | -4.37% | 1.07% | -6.83% | 4.22% | 2.59% | 6.07% | 8.81% | 2.08% | -6.66% | 2.12% | 3.44% | 11.89% |
| 2014 | 8.94% | -3.63% | -4.20% | -0.98% | -3.13% | -2.52% | -1.58% | -2.96% | 7.92% | -1.73% | 1.20% | 3.87% | 0.11% |
| 2013 | 0.11% | 2.10% | 0.84% | -1.71% | 4.88% | 4.62% | -1.79% | 2.13% | -7.43% | -4.32% | -0.15% | -0.04% | -1.42% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of EUM is 1, indicating that it is in the bottom 1% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for ProShares Short MSCI Emerging Markets (EUM) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
ProShares Short MSCI Emerging Markets granted a 5.05% dividend yield in the last twelve months. The annual payout for that period amounted to $0.63 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.63 | $0.55 | $0.07 | $0.00 | $0.02 | $0.23 | $0.18 |
Dividend yield | 5.05% | 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.13 | $0.00 | $0.41 | ||
| 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 | $0.55 |
| 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 | $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 | $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 | $0.02 |
| 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 | $0.23 |
| 2018 | $0.01 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.13 | $0.18 |
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.
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 89.41%.
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 7.01%, 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.