EUO vs. YCL
Compare and contrast key facts about ProShares UltraShort Euro (EUO) and ProShares Ultra Yen (YCL).
EUO and YCL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EUO is a passively managed fund by ProShares that tracks the performance of the USD/EUR Exchange Rate (-200%). It was launched on Nov 25, 2008. YCL is a passively managed fund by ProShares that tracks the performance of the USD/JPY Exchange Rate (-200%). It was launched on Nov 24, 2008. Both EUO and YCL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
EUO vs. YCL - Performance Comparison
Loading graphics...
EUO vs. YCL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EUO ProShares UltraShort Euro | 4.48% | -18.87% | 19.79% | -1.02% | 13.88% | 14.83% | -15.97% | 10.51% | 14.39% | -21.71% |
YCL ProShares Ultra Yen | -3.59% | -6.34% | -25.97% | -20.46% | -26.92% | -20.94% | 7.16% | -2.99% | 0.17% | 3.48% |
Returns By Period
In the year-to-date period, EUO achieves a 4.48% return, which is significantly higher than YCL's -3.59% return. Over the past 10 years, EUO has outperformed YCL with an annualized return of 2.49%, while YCL has yielded a comparatively lower -11.45% annualized return.
EUO
- 1D
- -1.82%
- 1M
- 4.67%
- YTD
- 4.48%
- 6M
- 5.68%
- 1Y
- -8.27%
- 3Y*
- 0.64%
- 5Y*
- 4.14%
- 10Y*
- 2.49%
YCL
- 1D
- 1.08%
- 1M
- -3.33%
- YTD
- -3.59%
- 6M
- -15.53%
- 1Y
- -16.05%
- 3Y*
- -17.74%
- 5Y*
- -18.74%
- 10Y*
- -11.45%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
EUO vs. YCL - Expense Ratio Comparison
EUO has a 0.99% expense ratio, which is higher than YCL's 0.95% expense ratio.
Return for Risk
EUO vs. YCL — Risk / Return Rank
EUO
YCL
EUO vs. YCL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Euro (EUO) and ProShares Ultra Yen (YCL). 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 | YCL | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.53 | -0.80 | +0.26 |
Sortino ratioReturn per unit of downside risk | -0.62 | -1.09 | +0.46 |
Omega ratioGain probability vs. loss probability | 0.92 | 0.88 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | -0.50 | -0.59 | +0.09 |
Martin ratioReturn relative to average drawdown | -0.70 | -0.96 | +0.26 |
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 graphics...
Sharpe Ratios by Period
| EUO | YCL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.53 | -0.80 | +0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.27 | -0.92 | +1.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.17 | -0.61 | +0.78 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | -0.50 | +0.56 |
Correlation
The correlation between EUO and YCL is -0.32. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
EUO vs. YCL - Dividend Comparison
Neither EUO nor YCL has paid dividends to shareholders.
Drawdowns
EUO vs. YCL - Drawdown Comparison
The maximum EUO drawdown since its inception was -38.58%, smaller than the maximum YCL drawdown of -88.10%. Use the drawdown chart below to compare losses from any high point for EUO and YCL.
Loading graphics...
Drawdown Indicators
| EUO | YCL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.58% | -88.10% | +49.52% |
Max Drawdown (1Y)Largest decline over 1 year | -16.43% | -27.44% | +11.01% |
Max Drawdown (5Y)Largest decline over 5 years | -25.28% | -66.93% | +41.65% |
Max Drawdown (10Y)Largest decline over 10 years | -29.61% | -76.61% | +47.00% |
Current DrawdownCurrent decline from peak | -18.48% | -87.87% | +69.39% |
Average DrawdownAverage peak-to-trough decline | -18.49% | -52.76% | +34.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.66% | 16.82% | -5.16% |
Volatility
EUO vs. YCL - Volatility Comparison
ProShares UltraShort Euro (EUO) and ProShares Ultra Yen (YCL) have volatilities of 4.69% and 4.83%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| EUO | YCL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.69% | 4.83% | -0.14% |
Volatility (6M)Calculated over the trailing 6-month period | 8.59% | 12.21% | -3.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.64% | 20.25% | -4.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.62% | 20.42% | -4.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.97% | 18.85% | -3.88% |