PortfoliosLab logoPortfoliosLab logo
EFZ vs. USDU
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

EFZ vs. USDU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Short MSCI EAFE (EFZ) and WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, EFZ achieves a -6.98% return, which is significantly lower than USDU's 3.64% return. Over the past 10 years, EFZ has underperformed USDU with an annualized return of -8.83%, while USDU has yielded a comparatively higher 2.85% annualized return.


EFZ

1D
1.95%
1M
-0.04%
YTD
-6.98%
6M
-6.74%
1Y
-15.21%
3Y*
-10.01%
5Y*
-5.55%
10Y*
-8.83%

USDU

1D
0.26%
1M
2.02%
YTD
3.64%
6M
3.96%
1Y
6.23%
3Y*
5.32%
5Y*
5.59%
10Y*
2.85%
*Multi-year figures are annualized to reflect compound growth (CAGR)

EFZ vs. USDU - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
EFZ
ProShares Short MSCI EAFE
-6.98%-20.92%2.90%-10.38%13.15%-12.75%-16.02%-16.56%16.26%-20.18%
USDU
WisdomTree Bloomberg U.S. Dollar Bullish Fund
3.64%-3.14%14.56%3.10%7.67%4.07%-5.43%1.54%5.40%-7.44%

Correlation

The correlation between EFZ and USDU is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.55

Correlation (3Y)
Calculated over the trailing 3-year period

0.55

Correlation (5Y)
Calculated over the trailing 5-year period

0.58

Correlation (10Y)
Calculated over the trailing 10-year period

0.46

Correlation (All Time)
Calculated using the full available price history since Dec 18, 2013

0.41

The correlation between EFZ and USDU shifts across timeframes, from 0.41 (all time) to 0.58 (5 years), reflecting how their relationship changes across market environments.

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

EFZ vs. USDU — Risk / Return Rank

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

EFZ
EFZ Risk / Return Rank: 22
Overall Rank
EFZ Sharpe Ratio Rank: 22
Sharpe Ratio Rank
EFZ Sortino Ratio Rank: 22
Sortino Ratio Rank
EFZ Omega Ratio Rank: 22
Omega Ratio Rank
EFZ Calmar Ratio Rank: 11
Calmar Ratio Rank
EFZ Martin Ratio Rank: 11
Martin Ratio Rank

USDU
USDU Risk / Return Rank: 3333
Overall Rank
USDU Sharpe Ratio Rank: 3232
Sharpe Ratio Rank
USDU Sortino Ratio Rank: 3232
Sortino Ratio Rank
USDU Omega Ratio Rank: 3131
Omega Ratio Rank
USDU Calmar Ratio Rank: 3636
Calmar Ratio Rank
USDU Martin Ratio Rank: 3333
Martin Ratio Rank
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.

EFZ vs. USDU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Short MSCI EAFE (EFZ) and WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU). 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.


EFZUSDUDifference
Sharpe ratioReturn per unit of total volatility

-2.01

Sortino ratioReturn per unit of downside risk

-2.89

Omega ratioGain probability vs. loss probability

0.86

1.20

-0.34

Calmar ratioReturn relative to maximum drawdown

-0.89

1.72

-2.61

Martin ratioReturn relative to average drawdown

-1.51

4.76

-6.27

EFZ vs. USDU - Sharpe Ratio Comparison

The current EFZ Sharpe Ratio is -0.91, which is lower than the USDU Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of EFZ and USDU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


Loading charts...

Drawdowns

EFZ vs. USDU - Drawdown Comparison

The maximum EFZ drawdown since its inception was -88.08%, which is greater than USDU's maximum drawdown of -14.54%. Use the drawdown chart below to compare losses from any high point for EFZ and USDU.


Loading charts...

Drawdown Indicators


EFZUSDUDifference

Max Drawdown

Largest peak-to-trough decline

-88.08%

-14.54%

-73.54%

Max Drawdown (1Y)

Largest decline over 1 year

-17.09%

-3.64%

-13.45%

Max Drawdown (3Y)

Largest decline over 3 years

-35.42%

-7.73%

-27.69%

Max Drawdown (5Y)

Largest decline over 5 years

-43.77%

-9.28%

-34.49%

Max Drawdown (10Y)

Largest decline over 10 years

-61.88%

-14.54%

-47.34%

Current Drawdown

Current decline from peak

-87.82%

-0.58%

-87.24%

Average Drawdown

Average peak-to-trough decline

-67.13%

-4.71%

-62.42%

Ulcer Index

Depth and duration of drawdowns from previous peaks

10.10%

1.32%

+8.78%

Volatility

EFZ vs. USDU - Volatility Comparison

ProShares Short MSCI EAFE (EFZ) has a higher volatility of 5.39% compared to WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU) at 1.41%. This indicates that EFZ's price experiences larger fluctuations and is considered to be riskier than USDU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


Loading charts...

Volatility by Period


EFZUSDUDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.39%

1.41%

+3.98%

Volatility (6M)

Calculated over the trailing 6-month period

14.12%

4.36%

+9.76%

Volatility (1Y)

Calculated over the trailing 1-year period

16.82%

5.67%

+11.15%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.84%

6.61%

+10.23%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.16%

7.43%

+9.73%

EFZ vs. USDU - Expense Ratio Comparison

EFZ has a 0.95% expense ratio, which is higher than USDU's 0.51% expense ratio.


Dividends

EFZ vs. USDU - Dividend Comparison

EFZ's dividend yield for the trailing twelve months is around 4.04%, more than USDU's 3.70% yield.


PositionTTM20252024202320222021202020192018201720162015
EFZ
ProShares Short MSCI EAFE
4.04%4.55%5.29%4.66%0.57%0.00%0.04%1.56%0.34%0.00%0.00%0.00%
USDU
WisdomTree Bloomberg U.S. Dollar Bullish Fund
3.70%3.83%3.97%6.99%7.83%0.00%0.69%3.06%0.88%0.00%0.00%6.48%

Frequently Asked Questions


EFZ and USDU have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

EFZ has higher volatility (5.39%) compared to USDU (1.41%). In terms of maximum drawdown, EFZ dropped -88.08% vs USDU's -14.54%.

On 10-year performance, USDU leads with 2.85% vs -8.83% for EFZ. On fees, USDU is cheaper at 0.51% per year. On volatility, USDU has been the lower-risk option at 1.41%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, USDU has performed better with a 2.85% return vs -8.83%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

USDU is cheaper with a 0.51% expense ratio, compared with 0.95% for EFZ.

EFZ has the higher dividend yield at 4.04%, compared with 3.70% for USDU.

EFZ is categorized as Inverse Equities, while USDU is Currency. They also come from different issuers: ProShares and WisdomTree. Their fees differ too: 0.95% for EFZ and 0.51% for USDU.

USDU currently has the higher Sharpe Ratio (1.10 vs -0.91), 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.

Portfolio Optimizer

Find the right allocation for EFZ and USDU

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