ProShares Ultra Euro (ULE) Alternatives
ProShares Ultra Euro (ULE) 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 ULE. 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 ULE
ULE charges 0.95% annually. Among ETFs in the Leveraged Currency category, these options have the lowest expense ratios among ULE alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Simplify Currency Strategy ETF | 0.81% | Feb 3, 2025 | ULE vs FOXY | |
| ProShares Ultra Yen | 0.95% | Nov 24, 2008 | ULE vs YCL | |
| ProShares UltraShort Euro | 0.99% | Nov 25, 2008 | ULE vs EUO | |
| ProShares UltraShort Yen | 1.00% | Nov 25, 2008 | ULE vs YCS |
Best Risk-Adjusted Alternatives to ULE
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 | |
|---|---|---|---|---|
| ProShares UltraShort Yen | 54 | Nov 25, 2008 | ULE vs YCS | |
| Simplify Currency Strategy ETF | 53 | Feb 3, 2025 | ULE vs FOXY | |
| ProShares UltraShort Euro | 4 | Nov 25, 2008 | ULE vs EUO | |
| ProShares Ultra Yen | 2 | Nov 24, 2008 | ULE vs YCL |
Top Performing ULE Alternatives (YTD)
ULE alternatives from the Leveraged Currency category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Simplify Currency Strategy ETF | 9.85% | Feb 3, 2025 | ULE vs FOXY | |
| ProShares UltraShort Euro | 4.48% | Nov 25, 2008 | ULE vs EUO | |
| ProShares UltraShort Yen | 4.09% | Nov 25, 2008 | ULE vs YCS | |
| ProShares Ultra Yen | -3.59% | Nov 24, 2008 | ULE vs YCL |
Lowest Volatility Alternatives to ULE
ULE alternatives from the Leveraged Currency category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| ProShares UltraShort Euro | 15.64% | Nov 25, 2008 | ULE vs EUO | |
| Simplify Currency Strategy ETF | 15.95% | Feb 3, 2025 | ULE vs FOXY | |
| ProShares Ultra Yen | 20.25% | Nov 24, 2008 | ULE vs YCL | |
| ProShares UltraShort Yen | 20.84% | Nov 25, 2008 | ULE vs YCS |
Lowest Drawdown Alternatives to ULE
ULE alternatives from the Leveraged Currency category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| ProShares UltraShort Yen | -12.07% | Nov 25, 2008 | ULE vs YCS | |
| Simplify Currency Strategy ETF | -13.09% | Feb 3, 2025 | ULE vs FOXY | |
| ProShares UltraShort Euro | -16.43% | Nov 25, 2008 | ULE vs EUO | |
| ProShares Ultra Yen | -27.44% | Nov 24, 2008 | ULE vs YCL |
Other ETFs from ProShares
Most popular ProShares ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities, Leveraged | 50 | -20.81% | Feb 9, 2010 | ULE vs TQQQ | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency, Actively Managed | 5 | -23.25% | Oct 19, 2021 | ULE vs BITO | |
| ProShares Ultra QQQ | Leveraged Equities, Leveraged | 57 | -13.35% | Jun 21, 2006 | ULE vs QLD | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 45 | -16.03% | Jun 23, 2009 | ULE vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 51 | -10.23% | Jun 19, 2006 | ULE vs SSO | |
| ProShares S&P 500 Dividend Aristocrats ETF | S&P 500, Dividend | 27 | 2.36% | Oct 9, 2013 | ULE vs NOBL | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 90 | -8.58% | Jan 30, 2007 | ULE vs USD | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Leveraged | 2 | 18.46% | Feb 9, 2010 | ULE vs SQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Leveraged, Volatility | 5 | 45.56% | Oct 3, 2011 | ULE vs UVXY | |
| Proshares Ultra Bitcoin ETF | Cryptocurrency, Leveraged Cryptocurrency | 3 | -47.12% | Apr 1, 2024 | ULE vs BITU |
Often Compared With ULE
What investors most often compare with ULE, based on PortfoliosLab usage data.
Compare ULE with Any Fund or Stock
Compare ULE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.