YCL vs. EUSC

Last updated Jun 4, 2026

YCL (ProShares Ultra Yen) and EUSC (WisdomTree Europe Hedged SmallCap Equity Fund) are both exchange-traded funds - YCL is a Leveraged Currency fund tracking the USD/JPY Exchange Rate (-200%), while EUSC is a Europe Equities fund tracking the WisdomTree Europe Hedged SmallCap Equity Index. Both are passively managed. YCL charges 0.95%/yr vs 0.58%/yr for EUSC.

Performance

YCL vs. EUSC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra Yen (YCL) and WisdomTree Europe Hedged SmallCap Equity Fund (EUSC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

YCL

• 1D: -0.11%
• 1M: -4.01%
• YTD: -5.93%
• 6M: -8.29%
• 1Y: -23.60%
• 3Y*: -15.11%
• 5Y*: -19.42%
• 10Y*: -12.52%

EUSC

• 1D: 0.00%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

YCL vs. EUSC - Yearly Performance Comparison

	2026 (YTD)
YCL ProShares Ultra Yen	-0.99%
EUSC WisdomTree Europe Hedged SmallCap Equity Fund	0.00%

Return for Risk

YCL vs. EUSC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

YCL

YCL Risk / Return Rank: 1
YCL Sharpe Ratio Rank: 0
YCL Sortino Ratio Rank: 0
YCL Omega Ratio Rank: 1
YCL Calmar Ratio Rank: 1
YCL Martin Ratio Rank: 2

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

YCL vs. EUSC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Yen (YCL) and WisdomTree Europe Hedged SmallCap Equity Fund (EUSC). 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	EUSC	Difference
Sharpe ratio Return per unit of total volatility	-1.42	—	—
Sortino ratio Return per unit of downside risk	-2.19	—	—
Omega ratio Gain probability vs. loss probability	0.77	—	—
Calmar ratio Return relative to maximum drawdown	-0.96	—	—
Martin ratio Return relative to average drawdown	-1.41	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	YCL	EUSC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.42	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.95	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.67	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.50	—	—

Drawdowns

YCL vs. EUSC - Drawdown Comparison

The maximum YCL drawdown since its inception was -88.16%, which is greater than EUSC's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for YCL and EUSC.

Drawdown Indicators

	YCL	EUSC	Difference
Max Drawdown Largest peak-to-trough decline	-88.16%	0.00%	-88.16%
Max Drawdown (1Y) Largest decline over 1 year	-24.63%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-39.97%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-66.22%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-76.74%	—	—
Current Drawdown Current decline from peak	-88.16%	0.00%	-88.16%
Average Drawdown Average peak-to-trough decline	-53.11%	0.00%	-53.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.81%	—	—

Volatility

Volatility by Period

	YCL	EUSC	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.71%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.53%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.80%	0.00%	+16.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.52%	0.00%	+20.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.61%	0.00%	+18.61%

YCL vs. EUSC - Expense Ratio Comparison

YCL has a 0.95% expense ratio, which is higher than EUSC's 0.58% expense ratio.

Dividends

YCL vs. EUSC - Dividend Comparison

Neither YCL nor EUSC has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, YCL or EUSC?

On fees, EUSC is cheaper at 0.58% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, YCL or EUSC?

EUSC is cheaper with a 0.58% expense ratio, compared with 0.95% for YCL.

Which ETF pays a higher dividend yield, YCL or EUSC?

YCL and EUSC have nearly identical dividend yields, around 0.00%.

What is the main difference between YCL and EUSC?

YCL is categorized as Leveraged Currency, while EUSC is Europe Equities. YCL tracks USD/JPY Exchange Rate (-200%), while EUSC tracks WisdomTree Europe Hedged SmallCap Equity Index. They also come from different issuers: ProShares and WisdomTree. Their fees differ too: 0.95% for YCL and 0.58% for EUSC.