EFU vs. XDSQ
EFU (ProShares UltraShort MSCI EAFE) and XDSQ (Innovator US Equity Accelerated ETF) are both Leveraged Equities funds. EFU is passively managed, while XDSQ is actively managed. Over the past 5 years, EFU returned -15.08%/yr vs 9.80%/yr for XDSQ. At a correlation of -0.72, they often move in opposite directions. EFU charges 0.95%/yr vs 0.79%/yr for XDSQ.
Performance
EFU vs. XDSQ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EFU achieves a -16.12% return, which is significantly lower than XDSQ's 2.80% return.
EFU
- 1D
- 1.27%
- 1M
- -7.02%
- YTD
- -16.12%
- 6M
- -19.44%
- 1Y
- -30.25%
- 3Y*
- -23.88%
- 5Y*
- -15.08%
- 10Y*
- -19.60%
XDSQ
- 1D
- 0.01%
- 1M
- 1.59%
- YTD
- 2.80%
- 6M
- 3.86%
- 1Y
- 15.98%
- 3Y*
- 15.02%
- 5Y*
- 9.80%
- 10Y*
- —
EFU vs. XDSQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
EFU ProShares UltraShort MSCI EAFE | -16.12% | -41.07% | -1.04% | -25.36% | 24.26% | -14.95% |
XDSQ Innovator US Equity Accelerated ETF | 2.80% | 14.22% | 23.12% | 23.00% | -16.78% | 12.75% |
Correlation
The correlation between EFU and XDSQ is -0.67, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.65 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.71 |
Correlation (All Time) Calculated using the full available price history since Apr 5, 2021 | -0.72 |
The correlation between EFU and XDSQ has been stable across timeframes, ranging from -0.72 to -0.65 - 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
EFU vs. XDSQ — Risk / Return Rank
EFU
XDSQ
EFU vs. XDSQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort MSCI EAFE (EFU) and Innovator US Equity Accelerated ETF (XDSQ). 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.
| EFU | XDSQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.51 | ||
| Sortino ratioReturn per unit of downside risk | -3.46 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 1.32 | -0.47 |
| Calmar ratioReturn relative to maximum drawdown | -0.89 | 1.67 | -2.56 |
| Martin ratioReturn relative to average drawdown | -1.50 | 7.97 | -9.48 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| EFU | XDSQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.98 | 1.52 | -2.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.45 | 0.65 | -1.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.57 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.44 | 0.69 | -1.13 |
Drawdowns
EFU vs. XDSQ - Drawdown Comparison
The maximum EFU drawdown since its inception was -99.36%, which is greater than XDSQ's maximum drawdown of -26.06%. Use the drawdown chart below to compare losses from any high point for EFU and XDSQ.
Loading charts...
Drawdown Indicators
| EFU | XDSQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.36% | -26.06% | -73.30% |
Max Drawdown (1Y)Largest decline over 1 year | -34.19% | -9.60% | -24.59% |
Max Drawdown (3Y)Largest decline over 3 years | -64.29% | -19.15% | -45.14% |
Max Drawdown (5Y)Largest decline over 5 years | -75.42% | -26.06% | -49.36% |
Max Drawdown (10Y)Largest decline over 10 years | -90.41% | — | — |
Current DrawdownCurrent decline from peak | -99.35% | 0.00% | -99.35% |
Average DrawdownAverage peak-to-trough decline | -87.13% | -4.96% | -82.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.14% | 2.01% | +18.13% |
Volatility
EFU vs. XDSQ - Volatility Comparison
ProShares UltraShort MSCI EAFE (EFU) has a higher volatility of 10.10% compared to Innovator US Equity Accelerated ETF (XDSQ) at 0.57%. This indicates that EFU's price experiences larger fluctuations and is considered to be riskier than XDSQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EFU | XDSQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.10% | 0.57% | +9.53% |
Volatility (6M)Calculated over the trailing 6-month period | 26.06% | 8.40% | +17.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.91% | 10.56% | +20.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.34% | 15.27% | +18.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.20% | 15.10% | +19.10% |
EFU vs. XDSQ - Expense Ratio Comparison
EFU has a 0.95% expense ratio, which is higher than XDSQ's 0.79% expense ratio.
Dividends
EFU vs. XDSQ - Dividend Comparison
EFU's dividend yield for the trailing twelve months is around 5.38%, while XDSQ has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
EFU ProShares UltraShort MSCI EAFE | 5.38% | 5.57% | 3.87% | 6.41% | 1.47% | 0.00% | 0.06% | 0.95% | 0.17% |
XDSQ Innovator US Equity Accelerated ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EFU and XDSQ have a correlation of -0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EFU has higher volatility (10.10%) compared to XDSQ (0.57%). In terms of maximum drawdown, EFU dropped -99.36% vs XDSQ's -26.06%.
On 5-year performance, XDSQ leads with 9.80% vs -15.08% for EFU. On fees, XDSQ is cheaper at 0.79% per year. On volatility, XDSQ has been the lower-risk option at 0.57%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, XDSQ has performed better with a 9.80% return vs -15.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
XDSQ is cheaper with a 0.79% expense ratio, compared with 0.95% for EFU.
EFU has the higher dividend yield at 5.38%, compared with 0.00% for XDSQ.
They also come from different issuers: ProShares and Innovator. Their fees differ too: 0.95% for EFU and 0.79% for XDSQ.
XDSQ currently has the higher Sharpe Ratio (1.52 vs -0.98), 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 EFU and XDSQ
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