CWST vs. EUO
CWST (Casella Waste Systems, Inc.) is a stock, while EUO (ProShares UltraShort Euro) is Leveraged Currency fund tracking the USD/EUR Exchange Rate (-200%). Over the past 10 years, CWST returned 28.10%/yr vs 2.24%/yr for EUO. At a correlation of -0.09, they often move in opposite directions.
Performance
CWST vs. EUO - Performance Comparison
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Returns By Period
In the year-to-date period, CWST achieves a -8.75% return, which is significantly lower than EUO's 5.15% return. Over the past 10 years, CWST has outperformed EUO with an annualized return of 28.10%, while EUO has yielded a comparatively lower 2.24% annualized return.
CWST
- 1D
- -0.43%
- 1M
- 4.92%
- YTD
- -8.75%
- 6M
- -9.77%
- 1Y
- -24.11%
- 3Y*
- 0.57%
- 5Y*
- 6.31%
- 10Y*
- 28.10%
EUO
- 1D
- 0.86%
- 1M
- 1.14%
- YTD
- 5.15%
- 6M
- 5.13%
- 1Y
- 4.67%
- 3Y*
- 0.15%
- 5Y*
- 5.46%
- 10Y*
- 2.24%
CWST vs. EUO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CWST Casella Waste Systems, Inc. | -8.75% | -7.44% | 23.81% | 7.75% | -7.15% | 37.89% | 34.59% | 61.57% | 23.76% | 85.50% |
EUO ProShares UltraShort Euro | 5.15% | -18.87% | 19.79% | -1.02% | 13.88% | 14.83% | -15.97% | 10.51% | 14.39% | -21.71% |
Correlation
The correlation between CWST and EUO is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.04 |
Correlation (All Time) Calculated using the full available price history since Nov 25, 2008 | -0.09 |
The correlation between CWST and EUO shifts across timeframes, from -0.10 (5 years) to 0.04 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
CWST vs. EUO — Risk / Return Rank
CWST
EUO
CWST vs. EUO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Casella Waste Systems, Inc. (CWST) and ProShares UltraShort Euro (EUO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CWST | EUO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.14 | ||
| Sortino ratioReturn per unit of downside risk | -1.59 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.08 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | -0.68 | 0.63 | -1.31 |
| Martin ratioReturn relative to average drawdown | -1.16 | 1.43 | -2.59 |
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Drawdowns
CWST vs. EUO - Drawdown Comparison
The maximum CWST drawdown since its inception was -98.52%, which is greater than EUO's maximum drawdown of -38.58%. Use the drawdown chart below to compare losses from any high point for CWST and EUO.
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Drawdown Indicators
| CWST | EUO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.52% | -38.58% | -59.94% |
Max Drawdown (1Y)Largest decline over 1 year | -36.37% | -8.05% | -28.32% |
Max Drawdown (3Y)Largest decline over 3 years | -37.72% | -24.46% | -13.26% |
Max Drawdown (5Y)Largest decline over 5 years | -37.72% | -25.28% | -12.44% |
Max Drawdown (10Y)Largest decline over 10 years | -37.72% | -29.61% | -8.11% |
Current DrawdownCurrent decline from peak | -25.75% | -17.96% | -7.79% |
Average DrawdownAverage peak-to-trough decline | -53.02% | -18.50% | -34.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.53% | 3.56% | +17.97% |
Volatility
CWST vs. EUO - Volatility Comparison
Casella Waste Systems, Inc. (CWST) has a higher volatility of 9.81% compared to ProShares UltraShort Euro (EUO) at 3.01%. This indicates that CWST's price experiences larger fluctuations and is considered to be riskier than EUO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CWST | EUO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.81% | 3.01% | +6.80% |
Volatility (6M)Calculated over the trailing 6-month period | 27.30% | 8.88% | +18.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.64% | 12.72% | +20.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.27% | 15.57% | +11.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.91% | 14.88% | +16.03% |
Dividends
CWST vs. EUO - Dividend Comparison
Neither CWST nor EUO has paid dividends to shareholders.
Frequently Asked Questions
CWST and EUO have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CWST has higher volatility (9.81%) compared to EUO (3.01%). In terms of maximum drawdown, CWST dropped -98.52% vs EUO's -38.58%.
EUO currently has the higher Sharpe Ratio (0.40 vs -0.73), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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