EAFG vs. YCS

Last updated Aug 2, 2026

EAFG (Pacer Developed Markets Cash Cows Growth Leaders ETF) and YCS (ProShares UltraShort Yen) are both exchange-traded funds - EAFG is a Foreign Large Cap Equities fund tracking the Pacer Developed Markets Cash Cows Growth Leaders Index, while YCS is a Leveraged Currency fund tracking the USD/JPY Exchange Rate (-200%). Both are passively managed. Over the past year, EAFG returned 21.54% vs 25.05% for YCS. Their -0.22 correlation means they have often moved in opposite directions in the past. EAFG charges 0.65%/yr vs 1.00%/yr for YCS.

Performance

EAFG vs. YCS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer Developed Markets Cash Cows Growth Leaders ETF (EAFG) and ProShares UltraShort Yen (YCS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with EAFG having a 6.96% return and YCS slightly higher at 7.29%.

EAFG

• 1D: -0.18%
• 1M: -3.52%
• 6M: 2.12%
• YTD: 6.96%
• 1Y: 21.54%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 10.72%

YCS

• 1D: -0.84%
• 1M: -2.27%
• 6M: 9.33%
• YTD: 7.29%
• 1Y: 25.05%
• 3Y*: 17.34%
• 5Y*: 23.55%
• 10Y*: 13.76%
• ALL TIME*: 6.44%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF	$5.23K	$5.79K	$11.97K
YCS ProShares UltraShort Yen	$1.53M	$2.43M	$1.42M

EAFG vs. YCS - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF	6.96%	26.39%	-5.92%
YCS ProShares UltraShort Yen	7.29%	9.04%	14.80%

Correlation

The correlation between EAFG and YCS is -0.29, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.29
Correlation (All Time) Calculated using the full available price history since Mar 21, 2024	-0.22

Return for Risk

EAFG vs. YCS — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

EAFG

EAFG Risk / Return Rank: 45
EAFG Sharpe Ratio Rank: 45
EAFG Sortino Ratio Rank: 43
EAFG Omega Ratio Rank: 43
EAFG Calmar Ratio Rank: 47
EAFG Martin Ratio Rank: 48

YCS

YCS Risk / Return Rank: 56
YCS Sharpe Ratio Rank: 47
YCS Sortino Ratio Rank: 41
YCS Omega Ratio Rank: 52
YCS Calmar Ratio Rank: 68
YCS Martin Ratio Rank: 73

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

EAFG vs. YCS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Developed Markets Cash Cows Growth Leaders ETF (EAFG) and ProShares UltraShort Yen (YCS). 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.

	EAFG	YCS	Difference
Sharpe ratio: Return per unit of total volatility	1.13	1.16	-0.04
Sortino ratio: Return per unit of downside risk	1.61	1.52	+0.09
Omega ratio: Gain probability vs. loss probability	1.20	1.23	-0.03
Calmar ratio: Return relative to maximum drawdown	1.71	2.35	-0.64
Martin ratio: Return relative to average drawdown	5.57	8.93	-3.35

EAFG vs. YCS - Sharpe Ratio Comparison

The current EAFG Sharpe Ratio is 1.13, which is comparable to the YCS Sharpe Ratio of 1.16. The chart below compares the historical Sharpe Ratios of EAFG and YCS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EAFG vs. YCS - Drawdown Comparison

The maximum EAFG drawdown since its inception was -16.47%, smaller than the maximum YCS drawdown of -49.56%. Use the drawdown chart below to compare losses from any high point for EAFG and YCS.

Drawdown Indicators

	EAFG	YCS	Difference
Max Drawdown Largest peak-to-trough decline	-16.47%	-49.56%	+33.09%
Max Drawdown (1Y) Largest decline over 1 year	-12.71%	-8.30%	-4.41%
Max Drawdown (3Y) Largest decline over 3 years	—	-23.05%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-27.32%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-27.32%	—
Current Drawdown Current decline from peak	-7.46%	-5.68%	-1.78%
Average Drawdown Average peak-to-trough decline	-3.27%	-19.75%	+16.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.90%	2.64%	+1.26%

Volatility

EAFG vs. YCS - Volatility Comparison

Pacer Developed Markets Cash Cows Growth Leaders ETF (EAFG) has a higher volatility of 6.34% compared to ProShares UltraShort Yen (YCS) at 5.30%. This indicates that EAFG's price experiences larger fluctuations and is considered to be riskier than YCS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EAFG	YCS	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.34%	5.30%	+1.04%
Volatility (6M) Calculated over the trailing 6-month period	17.11%	11.65%	+5.46%
Volatility (1Y) Calculated over the trailing 1-year period	19.37%	16.85%	+2.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.88%	21.16%	-3.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.88%	18.61%	-0.73%

EAFG vs. YCS - Expense Ratio Comparison

EAFG has a 0.65% expense ratio, which is lower than YCS's 1.00% expense ratio.

Dividends

EAFG vs. YCS - Dividend Comparison

EAFG's dividend yield for the trailing twelve months is around 2.04%, while YCS has not paid dividends to shareholders.

Position	TTM	2025	2024
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF	2.04%	1.31%	1.99%
YCS ProShares UltraShort Yen	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EAFG and YCS in my portfolio?

EAFG and YCS have a correlation of -0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EAFG or YCS?

EAFG has higher volatility (6.34%) compared to YCS (5.30%). In terms of maximum drawdown, EAFG dropped -16.47% vs YCS's -49.56%.

Which ETF is better, EAFG or YCS?

On 1-year performance, YCS leads with 25.05% vs 21.54% for EAFG. On fees, EAFG is cheaper at 0.65% per year. On volatility, YCS has been the lower-risk option at 5.30%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EAFG or YCS?

Over the 1-year period, YCS has performed better with a 25.05% return vs 21.54%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EAFG or YCS?

EAFG is cheaper with a 0.65% expense ratio, compared with 1.00% for YCS.

Which ETF pays a higher dividend yield, EAFG or YCS?

EAFG has the higher dividend yield at 2.04%, compared with 0.00% for YCS.

What is the main difference between EAFG and YCS?

EAFG is categorized as Foreign Large Cap Equities, while YCS is Leveraged Currency. EAFG tracks Pacer Developed Markets Cash Cows Growth Leaders Index, while YCS tracks USD/JPY Exchange Rate (-200%). They also come from different issuers: Pacer and ProShares. Their fees differ too: 0.65% for EAFG and 1.00% for YCS.

Which has better risk-adjusted returns?

YCS currently has the higher Sharpe Ratio (1.16 vs 1.13), 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.