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ProShares Short MSCI Emerging Markets (EUM)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US74347R3966

CUSIP

74347R396

Issuer

ProShares

Inception Date

Nov 1, 2007

Region

Emerging Markets (Broad)

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.


Expense ratio chart for EUM: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Share Price Chart


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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
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.


-100.00%0.00%100.00%200.00%300.00%JulyAugustSeptemberOctoberNovemberDecember
-77.53%
295.83%
EUM (ProShares Short MSCI Emerging Markets)
Benchmark (^GSPC)

Returns By Period

ProShares Short MSCI Emerging Markets had a return of -2.46% year-to-date (YTD) and -2.66% in the last 12 months. Over the past 10 years, ProShares Short MSCI Emerging Markets had an annualized return of -5.76%, while the S&P 500 had an annualized return of 11.14%, indicating that ProShares Short MSCI Emerging Markets did not perform as well as the benchmark.


EUM

YTD

-2.46%

1M

0.77%

6M

1.36%

1Y

-2.66%

5Y*

-3.36%

10Y*

-5.76%

^GSPC (Benchmark)

YTD

25.18%

1M

-0.47%

6M

9.35%

1Y

24.83%

5Y*

13.03%

10Y*

11.14%

*Annualized

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20245.44%-3.58%-2.14%0.68%-1.32%-2.64%-0.46%-0.59%-5.00%3.68%3.09%-2.46%
2023-8.18%8.70%-2.99%1.09%3.02%-3.75%-5.30%7.54%3.83%3.91%-6.90%-3.92%-4.62%
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%-1.20%-0.24%-1.39%-1.98%-1.18%6.14%-1.85%3.64%-1.30%3.68%-1.78%-1.32%
20206.04%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%3.77%-1.78%-4.08%0.11%-6.93%-15.41%
2018-7.69%5.19%-0.75%2.83%2.53%4.49%-3.31%3.53%0.47%8.99%-4.84%3.38%14.48%
2017-6.29%-1.92%-3.71%-1.77%-2.95%-1.04%-5.47%-2.39%-0.16%-3.12%0.16%-3.65%-28.08%
20164.28%0.23%-12.05%-0.81%3.39%-5.33%-5.25%-1.16%-3.13%0.67%3.96%0.00%-15.27%
20150.04%-4.37%1.07%-6.83%4.22%2.59%6.07%8.81%2.08%-6.66%2.12%3.44%11.89%
20148.94%-3.63%-4.20%-0.98%-3.13%-2.52%-1.58%-2.96%7.92%-1.73%1.20%3.87%0.11%
20130.11%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 9, meaning it’s performing worse than 91% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of EUM is 99
Overall Rank
The Sharpe Ratio Rank of EUM is 99
Sharpe Ratio Rank
The Sortino Ratio Rank of EUM is 88
Sortino Ratio Rank
The Omega Ratio Rank of EUM is 88
Omega Ratio Rank
The Calmar Ratio Rank of EUM is 1111
Calmar Ratio Rank
The Martin Ratio Rank of EUM is 1010
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


Sharpe ratio
The chart of Sharpe ratio for EUM, currently valued at -0.21, compared to the broader market0.002.004.00-0.211.98
The chart of Sortino ratio for EUM, currently valued at -0.20, compared to the broader market-2.000.002.004.006.008.0010.00-0.202.65
The chart of Omega ratio for EUM, currently valued at 0.98, compared to the broader market0.501.001.502.002.503.000.981.37
The chart of Calmar ratio for EUM, currently valued at -0.04, compared to the broader market0.005.0010.0015.00-0.042.93
The chart of Martin ratio for EUM, currently valued at -0.34, compared to the broader market0.0020.0040.0060.0080.00100.00-0.3412.73
EUM
^GSPC

The current ProShares Short MSCI Emerging Markets Sharpe ratio is -0.21. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of ProShares Short MSCI Emerging Markets with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.21
1.98
EUM (ProShares Short MSCI Emerging Markets)
Benchmark (^GSPC)

Dividends

Dividend History

ProShares Short MSCI Emerging Markets provided a 3.68% dividend yield over the last twelve months, with an annual payout of $0.98 per share.


0.00%0.50%1.00%1.50%2.00%2.50%3.00%3.50%$0.00$0.20$0.40$0.60$0.80201820192020202120222023
Dividends
Dividend Yield
PeriodTTM202320222021202020192018
Dividend$0.98$0.87$0.14$0.00$0.04$0.40$0.32

Dividend yield

3.68%3.08%0.46%0.00%0.16%1.16%0.78%

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.24$0.00$0.00$0.16$0.00$0.00$0.26$0.00$0.00$0.32$0.98
2023$0.00$0.00$0.11$0.00$0.00$0.28$0.00$0.00$0.25$0.00$0.00$0.22$0.87
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.14$0.14
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$0.04$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.04
2019$0.00$0.00$0.09$0.00$0.00$0.14$0.00$0.00$0.07$0.00$0.00$0.09$0.40
2018$0.02$0.00$0.00$0.04$0.00$0.00$0.27$0.32

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.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-88.69%
-1.96%
EUM (ProShares Short MSCI Emerging Markets)
Benchmark (^GSPC)

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 90.97%, occurring on Feb 17, 2021. The portfolio has not yet recovered.

The current ProShares Short MSCI Emerging Markets drawdown is 88.69%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-90.97%Oct 28, 20083097Feb 17, 2021
-23.6%Oct 10, 20082Oct 13, 20089Oct 24, 200811
-19.42%Sep 18, 20082Sep 19, 200811Oct 6, 200813
-18.94%Mar 20, 200842May 19, 200858Aug 11, 2008100
-12.64%Nov 27, 20078Dec 6, 200727Jan 16, 200835

Volatility

Volatility Chart

The current ProShares Short MSCI Emerging Markets volatility is 4.28%, 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.


2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
4.28%
4.07%
EUM (ProShares Short MSCI Emerging Markets)
Benchmark (^GSPC)
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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