EUO vs. DTH
EUO (ProShares UltraShort Euro) and DTH (WisdomTree International High Dividend Fund) are both exchange-traded funds - EUO is a Leveraged Currency fund tracking the USD/EUR Exchange Rate (-200%), while DTH is a Foreign Large Cap Equities fund tracking the WisdomTree International High Dividend Index. Both are passively managed. Over the past 10 years, EUO returned 2.33%/yr vs 8.95%/yr for DTH. At a correlation of -0.48, they often move in opposite directions. EUO charges 0.99%/yr vs 0.58%/yr for DTH.
Performance
EUO vs. DTH - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with EUO having a 8.95% return and DTH slightly higher at 9.37%. Over the past 10 years, EUO has underperformed DTH with an annualized return of 2.33%, while DTH has yielded a comparatively higher 8.95% annualized return.
EUO
- 1D
- 0.51%
- 1M
- 3.61%
- 6M
- 7.25%
- YTD
- 8.95%
- 1Y
- 10.47%
- 3Y*
- 3.90%
- 5Y*
- 5.26%
- 10Y*
- 2.33%
DTH
- 1D
- -0.09%
- 1M
- -0.34%
- 6M
- 7.82%
- YTD
- 9.37%
- 1Y
- 22.81%
- 3Y*
- 18.57%
- 5Y*
- 12.25%
- 10Y*
- 8.95%
EUO vs. DTH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EUO ProShares UltraShort Euro | 8.95% | -18.87% | 19.79% | -1.02% | 13.88% | 14.83% | -15.97% | 10.51% | 14.39% | -21.71% |
DTH WisdomTree International High Dividend Fund | 9.37% | 42.37% | 2.31% | 15.03% | -1.74% | 8.30% | -7.05% | 18.43% | -12.85% | 21.10% |
Correlation
The correlation between EUO and DTH is -0.57, 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 | -0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.58 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.45 |
Correlation (All Time) Calculated using the full available price history since Nov 25, 2008 | -0.48 |
The correlation between EUO and DTH shifts across timeframes, from -0.58 (5 years) to -0.45 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
EUO vs. DTH — Risk / Return Rank
EUO
DTH
EUO vs. DTH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Euro (EUO) and WisdomTree International High Dividend Fund (DTH). 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.
| EUO | DTH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.92 | ||
| Sortino ratioReturn per unit of downside risk | -1.22 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.31 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.31 | 2.51 | -1.20 |
| Martin ratioReturn relative to average drawdown | 3.08 | 8.62 | -5.55 |
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Drawdowns
EUO vs. DTH - Drawdown Comparison
The maximum EUO drawdown since its inception was -38.58%, smaller than the maximum DTH drawdown of -64.20%. Use the drawdown chart below to compare losses from any high point for EUO and DTH.
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Drawdown Indicators
| EUO | DTH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.58% | -64.20% | +25.62% |
Max Drawdown (1Y)Largest decline over 1 year | -8.05% | -9.14% | +1.09% |
Max Drawdown (3Y)Largest decline over 3 years | -24.46% | -12.23% | -12.23% |
Max Drawdown (5Y)Largest decline over 5 years | -25.28% | -23.40% | -1.88% |
Max Drawdown (10Y)Largest decline over 10 years | -29.61% | -40.75% | +11.14% |
Current DrawdownCurrent decline from peak | -14.99% | -1.98% | -13.01% |
Average DrawdownAverage peak-to-trough decline | -18.49% | -15.10% | -3.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.41% | 2.65% | +0.76% |
Volatility
EUO vs. DTH - Volatility Comparison
The current volatility for ProShares UltraShort Euro (EUO) is 3.35%, while WisdomTree International High Dividend Fund (DTH) has a volatility of 4.14%. This indicates that EUO experiences smaller price fluctuations and is considered to be less risky than DTH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EUO | DTH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.35% | 4.14% | -0.79% |
Volatility (6M)Calculated over the trailing 6-month period | 9.14% | 11.14% | -2.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.64% | 13.12% | -0.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.55% | 15.19% | +0.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.77% | 16.63% | -1.86% |
EUO vs. DTH - Expense Ratio Comparison
EUO has a 0.99% expense ratio, which is higher than DTH's 0.58% expense ratio.
Dividends
EUO vs. DTH - Dividend Comparison
EUO has not paid dividends to shareholders, while DTH's dividend yield for the trailing twelve months is around 3.97%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DTH WisdomTree International High Dividend Fund | 3.97% | 3.80% | 5.41% | 5.63% | 5.70% | 4.72% | 3.75% | 4.27% | 4.62% | 3.72% | 4.14% | 4.38% |
EUO ProShares UltraShort Euro | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EUO and DTH have a correlation of -0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DTH has higher volatility (4.14%) compared to EUO (3.35%). In terms of maximum drawdown, EUO dropped -38.58% vs DTH's -64.20%.
On 10-year performance, DTH leads with 8.95% vs 2.33% for EUO. On fees, DTH is cheaper at 0.58% per year. On volatility, EUO has been the lower-risk option at 3.35%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, DTH has performed better with a 8.95% return vs 2.33%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DTH is cheaper with a 0.58% expense ratio, compared with 0.99% for EUO.
DTH has the higher dividend yield at 3.97%, compared with 0.00% for EUO.
EUO is categorized as Leveraged Currency, while DTH is Foreign Large Cap Equities. EUO tracks USD/EUR Exchange Rate (-200%), while DTH tracks WisdomTree International High Dividend Index. They also come from different issuers: ProShares and WisdomTree. Their fees differ too: 0.99% for EUO and 0.58% for DTH.
DTH currently has the higher Sharpe Ratio (1.75 vs 0.83), 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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