EFU vs. IDMO
EFU (ProShares UltraShort MSCI EAFE) and IDMO (Invesco S&P International Developed Momentum ETF) are both exchange-traded funds - EFU is a Leveraged Equities fund tracking the MSCI EAFE Index (-200%), while IDMO is a Momentum fund tracking the S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index. Both are passively managed. Over the past 10 years, EFU returned -19.87%/yr vs 12.80%/yr for IDMO. Their -0.65 correlation means they have often moved in opposite directions in the past. EFU charges 0.95%/yr vs 0.25%/yr for IDMO.
Performance
EFU vs. IDMO - Performance Comparison
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Returns By Period
In the year-to-date period, EFU achieves a -23.56% return, which is significantly lower than IDMO's 13.50% return. Over the past 10 years, EFU has underperformed IDMO with an annualized return of -19.87%, while IDMO has yielded a comparatively higher 12.80% annualized return.
EFU
- 1D
- -0.23%
- 1M
- -3.48%
- 6M
- -14.39%
- YTD
- -23.56%
- 1Y
- -35.78%
- 3Y*
- -25.89%
- 5Y*
- -16.61%
- 10Y*
- -19.87%
- ALL TIME*
- -19.21%
IDMO
- 1D
- 0.27%
- 1M
- 1.75%
- 6M
- 8.24%
- YTD
- 13.50%
- 1Y
- 25.78%
- 3Y*
- 26.77%
- 5Y*
- 15.71%
- 10Y*
- 12.80%
- ALL TIME*
- 9.23%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $26.11K | $34.17K | $53.85K | |
| $23.01M | $20.86M | $22.94M |
EFU vs. IDMO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EFU ProShares UltraShort MSCI EAFE | -23.56% | -41.07% | -1.04% | -25.36% | 24.26% | -24.58% | -35.54% | -32.71% | 32.32% | -36.87% |
IDMO Invesco S&P International Developed Momentum ETF | 13.50% | 42.17% | 12.79% | 20.16% | -12.03% | 14.31% | 22.01% | 26.09% | -16.66% | 29.21% |
Correlation
The correlation between EFU and IDMO is -0.88, 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. | -0.88 |
Correlation (3Y) Balances recent behavior with more history. | -0.87 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.90 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.76 |
Correlation (All Time) Calculated using the full available price history since Feb 24, 2012 | -0.65 |
Over the past year, the inverse relationship between EFU and IDMO has strengthened: their correlation has moved from -0.65 to -0.88, meaning they now move in opposite directions more often than their long-term average.
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Return for Risk
EFU vs. IDMO — Risk / Return Rank
EFU
IDMO
EFU vs. IDMO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort MSCI EAFE (EFU) and Invesco S&P International Developed Momentum ETF (IDMO). 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.
| EFU | IDMO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.45 | ||
| Sortino ratioReturn per unit of downside risk | -3.61 | ||
| Omega ratioGain probability vs. loss probability | 0.81 | 1.25 | -0.43 |
| Calmar ratioReturn relative to maximum drawdown | -1.03 | 2.10 | -3.13 |
| Martin ratioReturn relative to average drawdown | -1.74 | 8.04 | -9.77 |
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Drawdowns
EFU vs. IDMO - Drawdown Comparison
The maximum EFU drawdown since its inception was -99.40%, which is greater than IDMO's maximum drawdown of -39.38%. Use the drawdown chart below to compare losses from any high point for EFU and IDMO.
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Drawdown Indicators
| EFU | IDMO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.40% | -39.38% | -60.02% |
Max Drawdown (1Y)Largest decline over 1 year | -34.86% | -12.31% | -22.55% |
Max Drawdown (3Y)Largest decline over 3 years | -66.55% | -12.65% | -53.90% |
Max Drawdown (5Y)Largest decline over 5 years | -76.97% | -27.07% | -49.90% |
Max Drawdown (10Y)Largest decline over 10 years | -89.65% | -31.34% | -58.31% |
Current DrawdownCurrent decline from peak | -99.40% | 0.00% | -99.40% |
Average DrawdownAverage peak-to-trough decline | -87.22% | -9.67% | -77.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.58% | 3.22% | +18.36% |
Volatility
EFU vs. IDMO - Volatility Comparison
ProShares UltraShort MSCI EAFE (EFU) has a higher volatility of 8.56% compared to Invesco S&P International Developed Momentum ETF (IDMO) at 6.77%. This indicates that EFU's price experiences larger fluctuations and is considered to be riskier than IDMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EFU | IDMO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.56% | 6.77% | +1.79% |
Volatility (6M)Calculated over the trailing 6-month period | 28.84% | 17.56% | +11.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.49% | 19.20% | +13.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.68% | 18.25% | +15.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.62% | 17.98% | +15.64% |
EFU vs. IDMO - Expense Ratio Comparison
EFU has a 0.95% expense ratio, which is higher than IDMO's 0.25% expense ratio.
Dividends
EFU vs. IDMO - Dividend Comparison
EFU's dividend yield for the trailing twelve months is around 5.36%, more than IDMO's 3.52% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EFU ProShares UltraShort MSCI EAFE | 5.36% | 5.57% | 3.87% | 6.41% | 1.47% | 0.00% | 0.06% | 0.95% | 0.17% | 0.00% | 0.00% | 0.00% |
IDMO Invesco S&P International Developed Momentum ETF | 3.52% | 3.71% | 2.24% | 2.89% | 3.66% | 1.81% | 1.63% | 2.78% | 3.27% | 3.08% | 2.18% | 2.52% |
Frequently Asked Questions
EFU and IDMO have a correlation of -0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EFU has higher volatility (8.56%) compared to IDMO (6.77%). In terms of maximum drawdown, EFU dropped -99.40% vs IDMO's -39.38%.
On 10-year performance, IDMO leads with 12.80% vs -19.87% for EFU. On fees, IDMO is cheaper at 0.25% per year. On volatility, IDMO has been the lower-risk option at 6.77%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, IDMO has performed better with a 12.80% return vs -19.87%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IDMO is cheaper with a 0.25% expense ratio, compared with 0.95% for EFU.
EFU has the higher dividend yield at 5.36%, compared with 3.52% for IDMO.
EFU is categorized as Leveraged Equities, while IDMO is Momentum. EFU tracks MSCI EAFE Index (-200%), while IDMO tracks S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index. They also come from different issuers: ProShares and Invesco. Their fees differ too: 0.95% for EFU and 0.25% for IDMO.
IDMO currently has the higher Sharpe Ratio (1.35 vs -1.10), 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.
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