EFAD vs. UVXY
EFAD (ProShares MSCI EAFE Dividend Growers ETF) and UVXY (ProShares Ultra VIX Short-Term Futures ETF) are both exchange-traded funds - EFAD is a Foreign Large Cap Equities fund tracking the MSCI EAFE Dividend Masters Index, while UVXY is a Volatility fund tracking the S&P 500 VIX SHORT-TERM FUTURES TR (150%). Both are passively managed. Over the past 10 years, EFAD returned 4.39%/yr vs -71.03%/yr for UVXY. Their -0.56 correlation means they have often moved in opposite directions in the past. EFAD charges 0.50%/yr vs 0.95%/yr for UVXY.
Performance
EFAD vs. UVXY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EFAD achieves a 6.49% return, which is significantly higher than UVXY's -36.18% return. Over the past 10 years, EFAD has outperformed UVXY with an annualized return of 4.39%, while UVXY has yielded a comparatively lower -71.03% annualized return.
EFAD
- 1D
- 0.48%
- 1M
- 1.54%
- 6M
- 4.60%
- YTD
- 6.49%
- 1Y
- 10.38%
- 3Y*
- 8.50%
- 5Y*
- 0.66%
- 10Y*
- 4.39%
- ALL TIME*
- 2.93%
UVXY
- 1D
- -1.46%
- 1M
- -7.54%
- 6M
- -33.79%
- YTD
- -36.18%
- 1Y
- -73.63%
- 3Y*
- -63.76%
- 5Y*
- -68.11%
- 10Y*
- -71.03%
- ALL TIME*
- -80.18%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $198.37K | $159.48K | $138.70K | |
| $186.30M | $190.88M | $236.21M |
EFAD vs. UVXY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EFAD ProShares MSCI EAFE Dividend Growers ETF | 6.49% | 15.87% | -1.88% | 11.91% | -21.34% | 8.41% | 8.75% | 24.66% | -11.71% | 22.14% |
UVXY ProShares Ultra VIX Short-Term Futures ETF | -36.18% | -65.32% | -50.90% | -87.70% | -44.81% | -88.33% | -17.38% | -84.23% | 60.10% | -94.17% |
Correlation
The correlation between EFAD and UVXY is -0.54, 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. | -0.54 |
Correlation (3Y) Balances recent behavior with more history. | -0.53 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.56 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.57 |
Correlation (All Time) Calculated using the full available price history since Aug 21, 2014 | -0.56 |
The correlation between EFAD and UVXY has been stable across timeframes, ranging from -0.57 to -0.53 - a consistent structural relationship.
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
EFAD vs. UVXY — Risk / Return Rank
EFAD
UVXY
EFAD vs. UVXY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares MSCI EAFE Dividend Growers ETF (EFAD) and ProShares Ultra VIX Short-Term Futures ETF (UVXY). 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.
| EFAD | UVXY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.62 | ||
| Sortino ratioReturn per unit of downside risk | +2.73 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 0.82 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 1.02 | -1.03 | +2.06 |
| Martin ratioReturn relative to average drawdown | 3.41 | -1.54 | +4.96 |
Loading charts...
Drawdowns
EFAD vs. UVXY - Drawdown Comparison
The maximum EFAD drawdown since its inception was -35.74%, smaller than the maximum UVXY drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for EFAD and UVXY.
Loading charts...
Drawdown Indicators
| EFAD | UVXY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.74% | -100.00% | +64.26% |
Max Drawdown (1Y)Largest decline over 1 year | -10.18% | -71.36% | +61.18% |
Max Drawdown (3Y)Largest decline over 3 years | -13.35% | -95.42% | +82.07% |
Max Drawdown (5Y)Largest decline over 5 years | -35.74% | -99.68% | +63.94% |
Max Drawdown (10Y)Largest decline over 10 years | -35.74% | -100.00% | +64.26% |
Current DrawdownCurrent decline from peak | -0.69% | -100.00% | +99.31% |
Average DrawdownAverage peak-to-trough decline | -10.29% | -98.76% | +88.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.05% | 51.81% | -48.76% |
Volatility
EFAD vs. UVXY - Volatility Comparison
The current volatility for ProShares MSCI EAFE Dividend Growers ETF (EFAD) is 3.63%, while ProShares Ultra VIX Short-Term Futures ETF (UVXY) has a volatility of 22.30%. This indicates that EFAD experiences smaller price fluctuations and is considered to be less risky than UVXY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EFAD | UVXY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.63% | 22.30% | -18.67% |
Volatility (6M)Calculated over the trailing 6-month period | 11.42% | 65.53% | -54.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.60% | 86.48% | -72.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.51% | 103.34% | -88.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.33% | 112.09% | -96.76% |
EFAD vs. UVXY - Expense Ratio Comparison
EFAD has a 0.50% expense ratio, which is lower than UVXY's 0.95% expense ratio.
Dividends
EFAD vs. UVXY - Dividend Comparison
EFAD's dividend yield for the trailing twelve months is around 2.57%, while UVXY has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EFAD ProShares MSCI EAFE Dividend Growers ETF | 2.57% | 2.83% | 2.64% | 2.29% | 1.76% | 2.98% | 1.49% | 2.05% | 2.37% | 2.42% | 2.88% | 1.94% |
UVXY ProShares Ultra VIX Short-Term Futures ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EFAD and UVXY have a correlation of -0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UVXY has higher volatility (22.30%) compared to EFAD (3.63%). In terms of maximum drawdown, EFAD dropped -35.74% vs UVXY's -100.00%.
On 10-year performance, EFAD leads with 4.39% vs -71.03% for UVXY. On fees, EFAD is cheaper at 0.50% per year. On volatility, EFAD has been the lower-risk option at 3.63%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, EFAD has performed better with a 4.39% return vs -71.03%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EFAD is cheaper with a 0.50% expense ratio, compared with 0.95% for UVXY.
EFAD has the higher dividend yield at 2.57%, compared with 0.00% for UVXY.
EFAD is categorized as Foreign Large Cap Equities, while UVXY is Volatility. EFAD tracks MSCI EAFE Dividend Masters Index, while UVXY tracks S&P 500 VIX SHORT-TERM FUTURES TR (150%). Their fees differ too: 0.50% for EFAD and 0.95% for UVXY.
EFAD currently has the higher Sharpe Ratio (0.77 vs -0.85), 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 EFAD and UVXY
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