ProShares UltraShort Euro (EUO)
EUO is a passive ETF by ProShares tracking the investment results of the USD/EUR Exchange Rate (-200%). EUO launched on Nov 25, 2008 and has a 0.99% expense ratio.
ETF Info
US74347W8828
74347W882
Nov 25, 2008
Developed Europe (Broad)
2x
USD/EUR Exchange Rate (-200%)
Expense Ratio
EUO has a high expense ratio of 0.99%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in ProShares UltraShort Euro, 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 UltraShort Euro had a return of 16.26% year-to-date (YTD) and 12.18% in the last 12 months. Over the past 10 years, ProShares UltraShort Euro had an annualized return of 4.92%, while the S&P 500 had an annualized return of 11.32%, indicating that ProShares UltraShort Euro did not perform as well as the benchmark.
EUO
16.26%
6.87%
10.35%
12.18%
4.47%
4.92%
^GSPC (Benchmark)
26.84%
5.60%
14.34%
32.39%
14.23%
11.32%
Monthly Returns
The table below presents the monthly returns of EUO, 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 | 4.87% | 0.43% | 0.85% | 2.52% | -2.84% | 3.21% | -1.67% | -3.55% | -0.89% | 5.05% | 6.49% | 16.26% | |
| 2023 | -2.55% | 5.99% | -4.54% | -2.75% | 6.94% | -3.61% | -1.10% | 3.02% | 5.97% | 0.19% | -5.11% | -2.44% | -1.02% |
| 2022 | 2.17% | 0.83% | 2.52% | 10.03% | -3.66% | 5.04% | 5.23% | 3.59% | 5.22% | -1.69% | -9.77% | -4.82% | 13.88% |
| 2021 | 1.29% | 1.10% | 5.90% | -5.04% | -2.72% | 5.59% | -0.17% | 0.97% | 3.83% | 0.48% | 3.79% | -0.54% | 14.83% |
| 2020 | 2.57% | 0.98% | 0.00% | 1.44% | -2.63% | -2.52% | -9.09% | -2.80% | 3.68% | 1.02% | -4.32% | -4.86% | -15.97% |
| 2019 | 0.66% | 1.76% | 3.34% | 0.51% | 1.40% | -3.13% | 6.27% | 1.78% | 2.26% | -3.96% | 2.82% | -3.18% | 10.51% |
| 2018 | -6.37% | 4.03% | -1.60% | 4.18% | 6.99% | 0.62% | 0.13% | 1.80% | 0.34% | 5.36% | 0.57% | -1.82% | 14.39% |
| 2017 | -4.84% | 3.80% | -1.35% | -3.94% | -5.88% | -3.10% | -6.75% | -1.02% | 1.59% | 3.14% | -4.11% | -1.12% | -21.71% |
| 2016 | 0.59% | -1.13% | -8.66% | -1.29% | 5.90% | 0.33% | -1.44% | 0.38% | -1.25% | 4.84% | 7.19% | 1.42% | 6.07% |
| 2015 | 14.11% | 1.62% | 7.54% | -8.72% | 4.15% | -3.40% | 2.75% | -4.68% | 0.50% | 3.00% | 8.09% | -5.86% | 18.14% |
| 2014 | 3.75% | -4.52% | 0.18% | -1.42% | 3.24% | -1.04% | 4.52% | 3.82% | 7.89% | 1.45% | 1.19% | 5.47% | 26.67% |
| 2013 | -5.84% | 8.04% | 3.41% | -5.40% | 2.48% | -0.52% | -4.67% | 1.31% | -4.72% | -0.90% | -0.34% | -2.68% | -10.26% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of EUO is 31, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for ProShares UltraShort Euro (EUO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
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 UltraShort Euro. 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 UltraShort Euro was 38.58%, occurring on May 3, 2011. Recovery took 966 trading sessions.
The current ProShares UltraShort Euro drawdown is 6.66%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -38.58% | Jun 8, 2010 | 229 | May 3, 2011 | 966 | Mar 6, 2015 | 1195 |
| -35.73% | Dec 2, 2008 | 249 | Nov 25, 2009 | 130 | Jun 4, 2010 | 379 |
| -31.49% | Mar 16, 2015 | 728 | Feb 1, 2018 | 510 | Feb 12, 2020 | 1238 |
| -25.67% | Mar 23, 2020 | 201 | Jan 6, 2021 | 329 | Apr 27, 2022 | 530 |
| -24.4% | Sep 28, 2022 | 200 | Jul 17, 2023 | — | — | — |
Volatility
Volatility Chart
The current ProShares UltraShort Euro volatility is 5.90%, 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.