YCL vs. EUO
Compare and contrast key facts about ProShares Ultra Yen (YCL) and ProShares UltraShort Euro (EUO).
YCL and EUO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. 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. Both YCL and EUO 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
YCL vs. EUO - Performance Comparison
Loading graphics...
YCL vs. EUO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
YCL ProShares Ultra Yen | -3.59% | -6.34% | -25.97% | -20.46% | -26.92% | -20.94% | 7.16% | -2.99% | 0.17% | 3.48% |
EUO ProShares UltraShort Euro | 4.48% | -18.87% | 19.79% | -1.02% | 13.88% | 14.83% | -15.97% | 10.51% | 14.39% | -21.71% |
Returns By Period
In the year-to-date period, YCL achieves a -3.59% return, which is significantly lower than EUO's 4.48% return. Over the past 10 years, YCL has underperformed EUO with an annualized return of -11.45%, while EUO has yielded a comparatively higher 2.49% annualized return.
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%
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%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
YCL vs. EUO - Expense Ratio Comparison
YCL has a 0.95% expense ratio, which is lower than EUO's 0.99% expense ratio.
Return for Risk
YCL vs. EUO — Risk / Return Rank
YCL
EUO
YCL vs. EUO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Yen (YCL) and ProShares UltraShort Euro (EUO). 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.
| YCL | EUO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.80 | -0.53 | -0.26 |
Sortino ratioReturn per unit of downside risk | -1.09 | -0.62 | -0.46 |
Omega ratioGain probability vs. loss probability | 0.88 | 0.92 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | -0.59 | -0.50 | -0.09 |
Martin ratioReturn relative to average drawdown | -0.96 | -0.70 | -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
| YCL | EUO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.80 | -0.53 | -0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.92 | 0.27 | -1.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.61 | 0.17 | -0.78 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.50 | 0.05 | -0.56 |
Correlation
The correlation between YCL and EUO 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
YCL vs. EUO - Dividend Comparison
Neither YCL nor EUO has paid dividends to shareholders.
Drawdowns
YCL vs. EUO - Drawdown Comparison
The maximum YCL drawdown since its inception was -88.10%, which is greater than EUO's maximum drawdown of -38.58%. Use the drawdown chart below to compare losses from any high point for YCL and EUO.
Loading graphics...
Drawdown Indicators
| YCL | EUO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.10% | -38.58% | -49.52% |
Max Drawdown (1Y)Largest decline over 1 year | -27.44% | -16.43% | -11.01% |
Max Drawdown (5Y)Largest decline over 5 years | -66.93% | -25.28% | -41.65% |
Max Drawdown (10Y)Largest decline over 10 years | -76.61% | -29.61% | -47.00% |
Current DrawdownCurrent decline from peak | -87.87% | -18.48% | -69.39% |
Average DrawdownAverage peak-to-trough decline | -52.76% | -18.49% | -34.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.82% | 11.66% | +5.16% |
Volatility
YCL vs. EUO - Volatility Comparison
ProShares Ultra Yen (YCL) and ProShares UltraShort Euro (EUO) have volatilities of 4.83% and 4.69%, 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
| YCL | EUO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.83% | 4.69% | +0.14% |
Volatility (6M)Calculated over the trailing 6-month period | 12.21% | 8.59% | +3.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.25% | 15.64% | +4.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.42% | 15.62% | +4.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.85% | 14.97% | +3.88% |