ProShares UltraShort Euro (EUO) Alternatives

ProShares UltraShort Euro (EUO) belongs to the Leveraged Currency category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with EUO. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to EUO

EUO charges 0.99% annually. Among ETFs in the Leveraged Currency category, these options have the lowest expense ratios among EUO alternatives.

Symbol	Name	Expense Ratio	Inception
FOXY	Simplify Currency Strategy ETF	0.81%	Feb 3, 2025	EUO vs FOXY
YCL	ProShares Ultra Yen	0.95%	Nov 24, 2008	EUO vs YCL
ULE	ProShares Ultra Euro	0.95%	Nov 25, 2008	EUO vs ULE
YCS	ProShares UltraShort Yen	1.00%	Nov 25, 2008	EUO vs YCS

Best Risk-Adjusted Alternatives to EUO

Among ETFs in the Leveraged Currency category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
YCS	ProShares UltraShort Yen	54	Nov 25, 2008	EUO vs YCS
FOXY	Simplify Currency Strategy ETF	53	Feb 3, 2025	EUO vs FOXY
ULE	ProShares Ultra Euro	38	Nov 25, 2008	EUO vs ULE
YCL	ProShares Ultra Yen	2	Nov 24, 2008	EUO vs YCL

Top Performing EUO Alternatives (YTD)

EUO alternatives from the Leveraged Currency category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
FOXY	Simplify Currency Strategy ETF	9.85%	Feb 3, 2025	EUO vs FOXY
YCS	ProShares UltraShort Yen	4.09%	Nov 25, 2008	EUO vs YCS
ULE	ProShares Ultra Euro	-3.35%	Nov 25, 2008	EUO vs ULE
YCL	ProShares Ultra Yen	-3.59%	Nov 24, 2008	EUO vs YCL

Lowest Volatility Alternatives to EUO

EUO alternatives from the Leveraged Currency category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
FOXY	Simplify Currency Strategy ETF	15.95%	Feb 3, 2025	EUO vs FOXY
ULE	ProShares Ultra Euro	17.10%	Nov 25, 2008	EUO vs ULE
YCL	ProShares Ultra Yen	20.25%	Nov 24, 2008	EUO vs YCL
YCS	ProShares UltraShort Yen	20.84%	Nov 25, 2008	EUO vs YCS

Lowest Drawdown Alternatives to EUO

EUO alternatives from the Leveraged Currency category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
ULE	ProShares Ultra Euro	-10.40%	Nov 25, 2008	EUO vs ULE
YCS	ProShares UltraShort Yen	-12.07%	Nov 25, 2008	EUO vs YCS
FOXY	Simplify Currency Strategy ETF	-13.09%	Feb 3, 2025	EUO vs FOXY
YCL	ProShares Ultra Yen	-27.44%	Nov 24, 2008	EUO vs YCL

Other ETFs from ProShares

Most popular ProShares ETFs on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
TQQQ	ProShares UltraPro QQQ	Leveraged Equities, Leveraged	50	-20.81%	Feb 9, 2010	EUO vs TQQQ
BITO	ProShares Bitcoin Strategy ETF	Cryptocurrency, Actively Managed	5	-23.25%	Oct 19, 2021	EUO vs BITO
QLD	ProShares Ultra QQQ	Leveraged Equities, Leveraged	57	-13.35%	Jun 21, 2006	EUO vs QLD
UPRO	ProShares UltraPro S&P 500	Leveraged Equities, S&P 500	45	-16.03%	Jun 23, 2009	EUO vs UPRO
SSO	ProShares Ultra S&P500	Leveraged Equities, S&P 500	51	-10.23%	Jun 19, 2006	EUO vs SSO
NOBL	ProShares S&P 500 Dividend Aristocrats ETF	S&P 500, Dividend	27	2.36%	Oct 9, 2013	EUO vs NOBL
USD	ProShares Ultra Semiconductors	Leveraged Equities, Semiconductors	90	-8.58%	Jan 30, 2007	EUO vs USD
SQQQ	ProShares UltraPro Short QQQ	Leveraged Equities, Leveraged	2	18.46%	Feb 9, 2010	EUO vs SQQQ
UVXY	ProShares Ultra VIX Short-Term Futures ETF	Leveraged, Volatility	5	45.56%	Oct 3, 2011	EUO vs UVXY
BITU	Proshares Ultra Bitcoin ETF	Cryptocurrency, Leveraged Cryptocurrency	3	-47.12%	Apr 1, 2024	EUO vs BITU

Often Compared With EUO

What investors most often compare with EUO, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
BTAL	AGFiQ US Market Neutral Anti-Beta Fund	Long-Short	1	-2.99%	Sep 13, 2011	EUO vs BTAL
VOO	Vanguard S&P 500 ETF	S&P 500	65	-4.42%	Sep 7, 2010	EUO vs VOO
QQQ	Invesco QQQ ETF	Large Cap Growth Equities	69	-5.93%	Mar 10, 1999	EUO vs QQQ
MCHI	iShares MSCI China ETF	China Equities	19	-6.48%	Mar 29, 2011	EUO vs MCHI
SPY	State Street SPDR S&P 500 ETF	S&P 500	64	-4.37%	Jan 22, 1993	EUO vs SPY
VUSA.L	Vanguard S&P 500 UCITS ETF	S&P 500	56	-4.58%	May 14, 2019	EUO vs VUSA.L
UUP	Invesco DB US Dollar Index Bullish Fund	Currency	14	2.77%	Feb 20, 2007	EUO vs UUP
USDU	WisdomTree Bloomberg U.S. Dollar Bullish Fund	Currency, Actively Managed	13	2.05%	Dec 18, 2013	EUO vs USDU
FXE	Invesco CurrencyShares® Euro Currency Trust	Currency	57	-1.45%	Dec 9, 2005	EUO vs FXE
EURUSD=X	EUR/USD		67	-1.47%	—	EUO vs EURUSD=X
SHRT	Gotham Short Strategies ETF	Inverse Equities, Leveraged	3	-2.73%	Jul 31, 2017	EUO vs SHRT
AMDG	Leverage Shares 2X Long AMD Daily ETF	Leveraged Equities, Leveraged	70	-21.97%	Jan 24, 2025	EUO vs AMDG
GGLL	Direxion Daily GOOGL Bull 2X Shares	Leveraged Equities, Leveraged	96	-18.90%	Sep 6, 2022	EUO vs GGLL
INFL	Horizon Kinetics Inflation Beneficiaries ETF	Global Equities, Actively Managed	82	17.28%	Jan 11, 2021	EUO vs INFL
KORU	Direxion Daily South Korea Bull 3X Shares	Leveraged Equities, Leveraged	98	56.49%	Apr 10, 2013	EUO vs KORU
MULL	GraniteShares 2x Long MU Daily ETF	Leveraged Equities, Leveraged	98	18.59%	Nov 11, 2024	EUO vs MULL
MUU	Direxion Daily MU Bull 2X Shares	Leveraged Equities, Leveraged	98	19.95%	Oct 9, 2024	EUO vs MUU
NRGU	MicroSectors U.S. Big Oil Index 3X Leveraged ETN	Leveraged Equities, Leveraged	63	168.34%	Apr 9, 2019	EUO vs NRGU
SARK	Tradr Short Innovation Daily ETF	Inverse Equities, Leveraged	3	9.55%	Nov 5, 2021	EUO vs SARK
TERG	Leverage Shares 2X Long TER Daily ETF	Leveraged Equities, Leveraged	—	102.79%	Nov 17, 2025	EUO vs TERG

Compare EUO with Any Fund or Stock

Compare EUO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

ProShares UltraShort Euro

Symbol name