EEV vs. PST
EEV (ProShares UltraShort MSCI Emerging Markets) and PST (ProShares UltraShort 7-10 Year Treasury) are both exchange-traded funds - EEV is a Leveraged Equities fund tracking the MSCI Emerging Markets Index (-200%), while PST is a Inverse Bonds fund tracking the ICE U.S. Treasury 7-10 Year Bond Index. Both are passively managed. Over the past 10 years, EEV returned -21.99%/yr vs 3.13%/yr for PST. Their -0.20 correlation means they have often moved in opposite directions in the past. Both charge a 0.95% expense ratio.
Performance
EEV vs. PST - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EEV achieves a -35.13% return, which is significantly lower than PST's 7.74% return. Over the past 10 years, EEV has underperformed PST with an annualized return of -21.99%, while PST has yielded a comparatively higher 3.13% annualized return.
EEV
- 1D
- -1.33%
- 1M
- 3.14%
- 6M
- -24.14%
- YTD
- -35.13%
- 1Y
- -50.21%
- 3Y*
- -29.41%
- 5Y*
- -16.05%
- 10Y*
- -21.99%
- ALL TIME*
- -25.39%
PST
- 1D
- 0.55%
- 1M
- 3.24%
- 6M
- 6.90%
- YTD
- 7.74%
- 1Y
- 7.92%
- 3Y*
- 4.59%
- 5Y*
- 11.11%
- 10Y*
- 3.13%
- ALL TIME*
- -4.97%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $291.03K | $257.03K | $533.45K | |
| $115.25K | $150.97K | $186.50K |
EEV vs. PST - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EEV ProShares UltraShort MSCI Emerging Markets | -35.13% | -43.35% | -8.08% | -13.08% | 37.05% | -4.99% | -48.93% | -30.87% | 24.06% | -49.03% |
PST ProShares UltraShort 7-10 Year Treasury | 7.74% | -4.42% | 12.27% | 3.17% | 38.55% | 4.01% | -18.67% | -11.03% | 1.72% | -4.52% |
Correlation
The correlation between EEV and PST is 0.26, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.26 |
Correlation (3Y) Balances recent behavior with more history. | 0.15 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.09 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.03 |
Correlation (All Time) Calculated using the full available price history since May 1, 2008 | -0.20 |
The correlation between EEV and PST shifts across timeframes, from -0.20 (all time) to 0.26 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EEV vs. PST — Risk / Return Rank
EEV
PST
EEV vs. PST - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort MSCI Emerging Markets (EEV) and ProShares UltraShort 7-10 Year Treasury (PST). 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.
| EEV | PST | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.59 | ||
| Sortino ratioReturn per unit of downside risk | -2.49 | ||
| Omega ratioGain probability vs. loss probability | 0.81 | 1.10 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | -0.85 | 1.17 | -2.02 |
| Martin ratioReturn relative to average drawdown | -1.42 | 2.40 | -3.82 |
Loading charts...
Drawdowns
EEV vs. PST - Drawdown Comparison
The maximum EEV drawdown since its inception was -99.88%, which is greater than PST's maximum drawdown of -79.25%. Use the drawdown chart below to compare losses from any high point for EEV and PST.
Loading charts...
Drawdown Indicators
| EEV | PST | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.88% | -79.25% | -20.63% |
Max Drawdown (1Y)Largest decline over 1 year | -58.51% | -4.73% | -53.78% |
Max Drawdown (3Y)Largest decline over 3 years | -77.51% | -16.19% | -61.32% |
Max Drawdown (5Y)Largest decline over 5 years | -81.14% | -16.19% | -64.95% |
Max Drawdown (10Y)Largest decline over 10 years | -93.39% | -36.07% | -57.32% |
Current DrawdownCurrent decline from peak | -99.86% | -63.04% | -36.82% |
Average DrawdownAverage peak-to-trough decline | -93.04% | -61.49% | -31.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.01% | 2.73% | +32.28% |
Volatility
EEV vs. PST - Volatility Comparison
ProShares UltraShort MSCI Emerging Markets (EEV) has a higher volatility of 19.23% compared to ProShares UltraShort 7-10 Year Treasury (PST) at 2.53%. This indicates that EEV's price experiences larger fluctuations and is considered to be riskier than PST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EEV | PST | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.23% | 2.53% | +16.70% |
Volatility (6M)Calculated over the trailing 6-month period | 45.21% | 7.32% | +37.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.49% | 9.39% | +40.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.12% | 15.56% | +24.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.76% | 13.29% | +28.47% |
EEV vs. PST - Expense Ratio Comparison
Both EEV and PST have an expense ratio of 0.95%.
Dividends
EEV vs. PST - Dividend Comparison
EEV's dividend yield for the trailing twelve months is around 7.22%, more than PST's 2.78% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
EEV ProShares UltraShort MSCI Emerging Markets | 7.22% | 5.40% | 4.45% | 3.45% | 0.27% | 0.00% | 0.14% | 1.34% | 0.38% |
PST ProShares UltraShort 7-10 Year Treasury | 2.78% | 3.47% | 3.61% | 3.69% | 0.02% | 0.00% | 0.11% | 1.85% | 0.66% |
Frequently Asked Questions
EEV and PST have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EEV has higher volatility (19.23%) compared to PST (2.53%). In terms of maximum drawdown, EEV dropped -99.88% vs PST's -79.25%.
On 10-year performance, PST leads with 3.13% vs -21.99% for EEV. Both ETFs have the same 0.95% expense ratio. On volatility, PST has been the lower-risk option at 2.53%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, PST has performed better with a 3.13% return vs -21.99%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EEV and PST have the same expense ratio: 0.95% per year.
EEV has the higher dividend yield at 7.22%, compared with 2.78% for PST.
EEV is categorized as Leveraged Equities, while PST is Inverse Bonds. EEV tracks MSCI Emerging Markets Index (-200%), while PST tracks ICE U.S. Treasury 7-10 Year Bond Index.
PST currently has the higher Sharpe Ratio (0.59 vs -1.00), 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.
Find the right allocation for EEV and PST
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer