EEV vs. WTIU

Last updated Apr 2, 2026

Compare and contrast key facts about ProShares UltraShort MSCI Emerging Markets (EEV) and MicroSectors Energy 3X Leveraged ETN (WTIU).

EEV and WTIU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EEV is a passively managed fund by ProShares that tracks the performance of the MSCI Emerging Markets Index (-200%). It was launched on Nov 1, 2007. WTIU is a passively managed fund by REX that tracks the performance of the Solactive MicroSectors Energy Index - Benchmark TR Gross (--300%). It was launched on Feb 16, 2023. Both EEV and WTIU are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

EEV vs. WTIU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares UltraShort MSCI Emerging Markets (EEV) and MicroSectors Energy 3X Leveraged ETN (WTIU). The values are adjusted to include any dividend payments, if applicable.

EEV vs. WTIU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
EEV ProShares UltraShort MSCI Emerging Markets	-11.20%	-43.35%	-8.08%	-2.56%
WTIU MicroSectors Energy 3X Leveraged ETN	113.23%	-17.13%	-29.63%	-28.42%

Returns By Period

In the year-to-date period, EEV achieves a -11.20% return, which is significantly lower than WTIU's 113.23% return.

EEV

• 1D: -1.42%
• 1M: 12.41%
• YTD: -11.20%
• 6M: -15.97%
• 1Y: -45.43%
• 3Y*: -24.22%
• 5Y*: -9.85%
• 10Y*: -20.88%

WTIU

• 1D: -11.84%
• 1M: 17.12%
• YTD: 113.23%
• 6M: 89.84%
• 1Y: 46.84%
• 3Y*: 2.42%
• 5Y*: —
• 10Y*: —

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

EEV vs. WTIU - Expense Ratio Comparison

Both EEV and WTIU have an expense ratio of 0.95%.

EEV

ProShares UltraShort MSCI Emerging Markets

WTIU

MicroSectors Energy 3X Leveraged ETN

Return for Risk

EEV vs. WTIU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EEV

EEV Risk / Return Rank: 1
EEV Sharpe Ratio Rank: 0
EEV Sortino Ratio Rank: 0
EEV Omega Ratio Rank: 0
EEV Calmar Ratio Rank: 2
EEV Martin Ratio Rank: 4

WTIU

WTIU Risk / Return Rank: 34
WTIU Sharpe Ratio Rank: 29
WTIU Sortino Ratio Rank: 42
WTIU Omega Ratio Rank: 43
WTIU Calmar Ratio Rank: 35
WTIU Martin Ratio Rank: 23

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EEV vs. WTIU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort MSCI Emerging Markets (EEV) and MicroSectors Energy 3X Leveraged ETN (WTIU). 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.

	EEV	WTIU	Difference
Sharpe ratio Return per unit of total volatility	-1.13	0.58	-1.71
Sortino ratio Return per unit of downside risk	-1.79	1.22	-3.01
Omega ratio Gain probability vs. loss probability	0.78	1.18	-0.39
Calmar ratio Return relative to maximum drawdown	-0.71	0.92	-1.63
Martin ratio Return relative to average drawdown	-0.99	1.71	-2.70
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EEV vs. WTIU - Sharpe Ratio Comparison

The current EEV Sharpe Ratio is -1.13, which is lower than the WTIU Sharpe Ratio of 0.58. The chart below compares the historical Sharpe Ratios of EEV and WTIU, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EEV	WTIU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.13	0.58	-1.71
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.27	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.51	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.45	-0.05	-0.40

Correlation

The correlation between EEV and WTIU is -0.22. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

EEV vs. WTIU - Dividend Comparison

EEV's dividend yield for the trailing twelve months is around 4.87%, while WTIU has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
EEV ProShares UltraShort MSCI Emerging Markets	4.87%	5.40%	4.45%	3.45%	0.27%	0.00%	0.14%	1.34%	0.38%
WTIU MicroSectors Energy 3X Leveraged ETN	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

EEV vs. WTIU - Drawdown Comparison

The maximum EEV drawdown since its inception was -99.83%, which is greater than WTIU's maximum drawdown of -75.73%. Use the drawdown chart below to compare losses from any high point for EEV and WTIU.

Drawdown Indicators

	EEV	WTIU	Difference
Max Drawdown Largest peak-to-trough decline	-99.83%	-75.73%	-24.10%
Max Drawdown (1Y) Largest decline over 1 year	-64.05%	-53.11%	-10.94%
Max Drawdown (5Y) Largest decline over 5 years	-73.95%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-92.81%	—	—
Current Drawdown Current decline from peak	-99.80%	-24.42%	-75.38%
Average Drawdown Average peak-to-trough decline	-92.94%	-39.49%	-53.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	46.09%	28.53%	+17.56%

Volatility

EEV vs. WTIU - Volatility Comparison

The current volatility for ProShares UltraShort MSCI Emerging Markets (EEV) is 19.43%, while MicroSectors Energy 3X Leveraged ETN (WTIU) has a volatility of 22.50%. This indicates that EEV experiences smaller price fluctuations and is considered to be less risky than WTIU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EEV	WTIU	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.43%	22.50%	-3.07%
Volatility (6M) Calculated over the trailing 6-month period	30.25%	46.56%	-16.31%
Volatility (1Y) Calculated over the trailing 1-year period	40.33%	81.69%	-41.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.24%	69.54%	-32.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.74%	69.54%	-28.80%