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EUO vs. BTAL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


EUOBTAL
YTD Return8.37%14.22%
1Y Return8.89%7.68%
3Y Return (Ann)9.94%6.67%
5Y Return (Ann)4.55%-1.17%
10Y Return (Ann)6.21%0.98%
Sharpe Ratio0.700.46
Daily Std Dev13.30%16.51%
Max Drawdown-38.58%-38.36%
Current Drawdown-13.00%-20.96%

Correlation

-0.50.00.51.00.1

The correlation between EUO and BTAL is 0.11, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Performance

EUO vs. BTAL - Performance Comparison

In the year-to-date period, EUO achieves a 8.37% return, which is significantly lower than BTAL's 14.22% return. Over the past 10 years, EUO has outperformed BTAL with an annualized return of 6.21%, while BTAL has yielded a comparatively lower 0.98% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%5.00%10.00%2024FebruaryMarchAprilMayJune
6.62%
13.62%
EUO
BTAL

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


ProShares UltraShort Euro

AGFiQ US Market Neutral Anti-Beta Fund

EUO vs. BTAL - Expense Ratio Comparison

EUO has a 0.99% expense ratio, which is lower than BTAL's 2.11% expense ratio.


BTAL
AGFiQ US Market Neutral Anti-Beta Fund
Expense ratio chart for BTAL: current value at 2.11% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%2.11%
Expense ratio chart for EUO: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%

Risk-Adjusted Performance

EUO vs. BTAL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Euro (EUO) and AGFiQ US Market Neutral Anti-Beta Fund (BTAL). 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.


EUO
Sharpe ratio
The chart of Sharpe ratio for EUO, currently valued at 0.70, compared to the broader market0.002.004.006.000.70
Sortino ratio
The chart of Sortino ratio for EUO, currently valued at 1.07, compared to the broader market0.005.0010.001.07
Omega ratio
The chart of Omega ratio for EUO, currently valued at 1.13, compared to the broader market0.501.001.502.002.503.003.501.13
Calmar ratio
The chart of Calmar ratio for EUO, currently valued at 0.38, compared to the broader market0.005.0010.0015.0020.000.38
Martin ratio
The chart of Martin ratio for EUO, currently valued at 2.20, compared to the broader market0.0020.0040.0060.0080.00100.002.20
BTAL
Sharpe ratio
The chart of Sharpe ratio for BTAL, currently valued at 0.46, compared to the broader market0.002.004.006.000.46
Sortino ratio
The chart of Sortino ratio for BTAL, currently valued at 0.75, compared to the broader market0.005.0010.000.75
Omega ratio
The chart of Omega ratio for BTAL, currently valued at 1.09, compared to the broader market0.501.001.502.002.503.003.501.09
Calmar ratio
The chart of Calmar ratio for BTAL, currently valued at 0.24, compared to the broader market0.005.0010.0015.0020.000.24
Martin ratio
The chart of Martin ratio for BTAL, currently valued at 1.10, compared to the broader market0.0020.0040.0060.0080.00100.001.10

EUO vs. BTAL - Sharpe Ratio Comparison

The current EUO Sharpe Ratio is 0.70, which is higher than the BTAL Sharpe Ratio of 0.46. The chart below compares the 12-month rolling Sharpe Ratio of EUO and BTAL.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.002024FebruaryMarchAprilMayJune
0.70
0.46
EUO
BTAL

Dividends

EUO vs. BTAL - Dividend Comparison

EUO has not paid dividends to shareholders, while BTAL's dividend yield for the trailing twelve months is around 5.38%.


TTM202320222021202020192018
EUO
ProShares UltraShort Euro
0.00%0.00%0.00%0.00%0.00%0.00%0.00%
BTAL
AGFiQ US Market Neutral Anti-Beta Fund
5.38%6.14%1.01%0.00%0.00%0.88%0.39%

Drawdowns

EUO vs. BTAL - Drawdown Comparison

The maximum EUO drawdown since its inception was -38.58%, roughly equal to the maximum BTAL drawdown of -38.36%. Use the drawdown chart below to compare losses from any high point for EUO and BTAL. For additional features, visit the drawdowns tool.


-30.00%-25.00%-20.00%-15.00%-10.00%2024FebruaryMarchAprilMayJune
-13.00%
-20.96%
EUO
BTAL

Volatility

EUO vs. BTAL - Volatility Comparison

ProShares UltraShort Euro (EUO) has a higher volatility of 3.44% compared to AGFiQ US Market Neutral Anti-Beta Fund (BTAL) at 2.93%. This indicates that EUO's price experiences larger fluctuations and is considered to be riskier than BTAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%2024FebruaryMarchAprilMayJune
3.44%
2.93%
EUO
BTAL