ProShares - UltraShort Euro
$31.19+0.27 (+0.87%)
- Expense ratio
- 0.95%
- Fund size
- $34M
- 1Y return
- +11.4%
- Yield · Last 12 months
- —
- Holdings
- 3
- Volume · 30D
- 0M sh
- NAV per share
- $30.66
- 52W range
The ETF.net EUO Grade
Score 78 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 88Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 93Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 48Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.Not scoredDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 66Category rank
Our read on EUO
AA single-purpose dollar-versus-euro tool: EUO aims to deliver twice the inverse of the euro's daily move against the dollar. Live since 2008, and priced under the typical leveraged or inverse fund.
EUO seeks daily results, before fees and expenses, intended to deliver twice the inverse of the euro's daily price performance against the U.S. dollar.
Why people hold it
- Aims for twice the inverse of the euro's daily move against the dollar, turning an FX view into an ordinary brokerage trade.proshares.com
- 0.95% expense ratio, below the median for leveraged and inverse funds.
- Running since 2008 on the same daily double-inverse euro mandate.
- One of the stronger builds in its leveraged and inverse peer group, alongside ProShares' yen counterpart YCS.
Worth knowing
- The 2x resets daily. Hold longer and compounding takes over, so results over a stretch can diverge from twice the euro's move for that stretch.
- A small, thinly traded fund, so spreads can widen. Limit orders matter more here than on a headline ETF.
- Structured as a commodity pool rather than a standard stock fund, and it isn't built as an income payer.
EUO Holdings
- Other
- 3
- 100%
- Net Other Assets (Liabilities)
EUO Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | EUO |
|---|---|
| Year to date | +9.1% |
| 1 month | +4.6% |
| 3 months | +0.9% |
| 1 year | +11.4% |
| 3 years | −0.0% |
| 5 years | +4.8% |
| 10 years | +2.6% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | EUO |
|---|---|---|
| 2026 YTD | +9.1% | |
| 2025 | −18.9% | |
| 2024 | +19.8% | |
| 2023 | −1.0% | |
| 2022 | +13.9% | |
| 2021 | +14.8% | |
| 2020 | −16.0% |
EUO in the news
ETF.net Research hasn’t filed on EUO yet — coverage lands here as it’s written.
EUO Dividends
No distributions in the last 12 months.
EUO Risk
- 13.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.25
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −25.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- −0.34
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
EUO Cost
- The middle half of Leveraged Inverse (2x & Other) funds
- Median 1.44%
3 of the 53 Leveraged Inverse (2x & Other) funds charge less.