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ProShares Ultra Euro (ULE)

ETF · Currency in USD
ISIN
US74347W8745
CUSIP
74347W874
Issuer
ProShares
Inception Date
Nov 25, 2008
Region
Developed Europe (Broad)
Category
Leveraged Currency
Leveraged
2x
Expense Ratio
0.95%
Index Tracked
USD/EUR Exchange Rate (-200%)
ETF Home Page
www.proshares.com
Asset Class
Currency

ULEPrice Chart


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ULEPerformance

The chart shows the growth of $10,000 invested in ProShares Ultra Euro on Jan 5, 2010 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $4,332 for a total return of roughly -56.68%. All prices are adjusted for splits and dividends.


ULE (ProShares Ultra Euro)
Benchmark (S&P 500)

ULEReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
YTD-0.53%-1.87%
1M1.22%-0.21%
6M-9.49%8.24%
1Y-17.59%24.78%
5Y-1.17%15.48%
10Y-5.65%13.11%

ULEMonthly Returns Heatmap


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ULESharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current ProShares Ultra Euro Sharpe ratio is -1.31. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


ULE (ProShares Ultra Euro)
Benchmark (S&P 500)

ULEDividends


ProShares Ultra Euro doesn't pay dividends

ULEDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


ULE (ProShares Ultra Euro)
Benchmark (S&P 500)

ULEWorst Drawdowns

The table below shows the maximum drawdowns of the ProShares Ultra Euro. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the ProShares Ultra Euro is 61.23%, recorded on Mar 19, 2020. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-61.23%May 3, 20112147Mar 19, 2020
-33.26%Jan 12, 2010101Jun 7, 2010225Apr 27, 2011326
-1.57%Jan 5, 20103Jan 7, 20102Jan 11, 20105

ULEVolatility Chart

Current ProShares Ultra Euro volatility is 14.19%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


ULE (ProShares Ultra Euro)
Benchmark (S&P 500)

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