EFU vs. EFO
Compare and contrast key facts about ProShares UltraShort MSCI EAFE (EFU) and ProShares Ultra MSCI EAFE (EFO).
EFU and EFO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EFU is a passively managed fund by ProShares that tracks the performance of the MSCI EAFE Index (-200%). It was launched on Oct 23, 2007. EFO is a passively managed fund by ProShares that tracks the performance of the MSCI EAFE Index (200%). It was launched on Jun 2, 2009. Both EFU and EFO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EFU or EFO.
Key characteristics
| EFU | EFO | |
|---|---|---|
| YTD Return | -7.96% | 6.02% |
| 1Y Return | -24.60% | 28.40% |
| 3Y Return (Ann) | -5.30% | -5.39% |
| 5Y Return (Ann) | -17.57% | 2.64% |
| 10Y Return (Ann) | -16.21% | 3.56% |
| Sharpe Ratio | -0.95 | 1.09 |
| Sortino Ratio | -1.33 | 1.57 |
| Omega Ratio | 0.86 | 1.19 |
| Calmar Ratio | -0.25 | 0.80 |
| Martin Ratio | -1.01 | 5.53 |
| Ulcer Index | 24.13% | 5.08% |
| Daily Std Dev | 25.89% | 25.70% |
| Max Drawdown | -99.08% | -63.53% |
| Current Drawdown | -98.94% | -16.74% |
Correlation
The correlation between EFU and EFO is -0.84. 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.
Performance
EFU vs. EFO - Performance Comparison
In the year-to-date period, EFU achieves a -7.96% return, which is significantly lower than EFO's 6.02% return. Over the past 10 years, EFU has underperformed EFO with an annualized return of -16.21%, while EFO has yielded a comparatively higher 3.56% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
EFU vs. EFO - Expense Ratio Comparison
Both EFU and EFO have an expense ratio of 0.95%.
Risk-Adjusted Performance
EFU vs. EFO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort MSCI EAFE (EFU) and ProShares Ultra MSCI EAFE (EFO). 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.
Dividends
EFU vs. EFO - Dividend Comparison
EFU's dividend yield for the trailing twelve months is around 4.19%, more than EFO's 1.99% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
EFU ProShares UltraShort MSCI EAFE | 4.19% | 4.39% | 0.09% | 0.00% | 0.03% | 0.69% | 0.16% |
EFO ProShares Ultra MSCI EAFE | 1.99% | 1.93% | 0.00% | 0.00% | 0.00% | 0.37% | 0.11% |
Drawdowns
EFU vs. EFO - Drawdown Comparison
The maximum EFU drawdown since its inception was -99.08%, which is greater than EFO's maximum drawdown of -63.53%. Use the drawdown chart below to compare losses from any high point for EFU and EFO. For additional features, visit the drawdowns tool.
Volatility
EFU vs. EFO - Volatility Comparison
The current volatility for ProShares UltraShort MSCI EAFE (EFU) is 7.72%, while ProShares Ultra MSCI EAFE (EFO) has a volatility of 8.25%. This indicates that EFU experiences smaller price fluctuations and is considered to be less risky than EFO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.