PBRG vs. EET
PBRG (Leverage Shares 2X Long PBR Daily ETF) and EET (ProShares Ultra MSCI Emerging Markets) are both Leveraged Equities funds - PBRG tracks the Petroleo Brasileiro S.A. (PBR) while EET tracks the MSCI Emerging Markets Index (200%). Both are passively managed. Their 0.01 correlation means their historical movements had little consistent relationship. PBRG charges 0.75%/yr vs 0.95%/yr for EET.
Performance
PBRG vs. EET - Performance Comparison
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Returns By Period
In the year-to-date period, PBRG achieves a 144.07% return, which is significantly higher than EET's 26.86% return.
PBRG
- 1D
- 3.30%
- 1M
- 42.65%
- 6M
- 48.66%
- YTD
- 144.07%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
EET
- 1D
- -0.53%
- 1M
- -5.33%
- 6M
- 9.63%
- YTD
- 26.86%
- 1Y
- 63.11%
- 3Y*
- 25.93%
- 5Y*
- 3.37%
- 10Y*
- 7.59%
- ALL TIME*
- 4.07%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $613.50K | $1.38M | $1.59M | |
| $71.67K | $77.04K | $106.52K |
PBRG vs. EET - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PBRG Leverage Shares 2X Long PBR Daily ETF | 144.07% | 6.30% |
EET ProShares Ultra MSCI Emerging Markets | 26.86% | 8.09% |
Correlation
The correlation between PBRG and EET is 0.01, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 18, 2025 | 0.01 |
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Return for Risk
PBRG vs. EET — Risk / Return Rank
PBRG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EET
PBRG vs. EET - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long PBR Daily ETF (PBRG) and ProShares Ultra MSCI Emerging Markets (EET). 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.
| PBRG | EET | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.24 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.19 | — |
| Martin ratioReturn relative to average drawdown | — | 6.43 | — |
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Drawdowns
PBRG vs. EET - Drawdown Comparison
The maximum PBRG drawdown since its inception was -47.87%, smaller than the maximum EET drawdown of -71.66%. Use the drawdown chart below to compare losses from any high point for PBRG and EET.
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Drawdown Indicators
| PBRG | EET | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.87% | -71.66% | +23.79% |
Max Drawdown (1Y)Largest decline over 1 year | — | -27.43% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -34.89% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -61.36% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -69.07% | — |
Current DrawdownCurrent decline from peak | -24.44% | -20.33% | -4.11% |
Average DrawdownAverage peak-to-trough decline | -14.08% | -37.04% | +22.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 9.34% | — |
Volatility
PBRG vs. EET - Volatility Comparison
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Volatility by Period
| PBRG | EET | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 19.59% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 45.28% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 68.66% | 49.21% | +19.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 68.66% | 39.76% | +28.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 68.66% | 41.29% | +27.37% |
PBRG vs. EET - Expense Ratio Comparison
PBRG has a 0.75% expense ratio, which is lower than EET's 0.95% expense ratio.
Dividends
PBRG vs. EET - Dividend Comparison
PBRG has not paid dividends to shareholders, while EET's dividend yield for the trailing twelve months is around 1.58%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
EET ProShares Ultra MSCI Emerging Markets | 1.58% | 1.82% | 3.85% | 2.14% | 0.00% | 0.00% | 0.01% | 1.40% | 0.16% |
PBRG Leverage Shares 2X Long PBR Daily ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PBRG and EET have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PBRG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PBRG is cheaper with a 0.75% expense ratio, compared with 0.95% for EET.
EET has the higher dividend yield at 1.58%, compared with 0.00% for PBRG.
PBRG tracks Petroleo Brasileiro S.A. (PBR), while EET tracks MSCI Emerging Markets Index (200%). They also come from different issuers: Leverage Shares and ProShares. Their fees differ too: 0.75% for PBRG and 0.95% for EET.
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