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
| ISIN | US74347W8828 |
|---|---|
| CUSIP | 74347W882 |
| Issuer | ProShares |
| Inception Date | Nov 25, 2008 |
| Region | Developed Europe (Broad) |
| Category | Leveraged Currency, Leveraged |
| Leveraged | 2x |
| Index Tracked | USD/EUR Exchange Rate (-200%) |
| Asset Class | Currency |
Expense Ratio
EUO has a high expense ratio of 0.99%, indicating higher-than-average management fees.
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: EUO vs. ULE, EUO vs. SPLG, EUO vs. YCL, EUO vs. MCHI, EUO vs. VOO, EUO vs. BTAL, EUO vs. BITO
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 6.86% year-to-date (YTD) and 10.46% in the last 12 months. Over the past 10 years, ProShares UltraShort Euro had an annualized return of 5.82%, while the S&P 500 had an annualized return of 10.58%, indicating that ProShares UltraShort Euro did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 6.86% | 13.20% |
| 1 month | -1.98% | -1.28% |
| 6 months | 2.57% | 10.32% |
| 1 year | 10.46% | 18.23% |
| 5 years (annualized) | 3.19% | 12.31% |
| 10 years (annualized) | 5.82% | 10.58% |
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% | 6.86% | ||||||
| 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 41, 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.
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 14.21%.
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 2.33%, 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.