ProShares UltraShort Euro

Price: $26.30
Change: $0.11 (0.0%)
Category: Leveraged Currency
Last Updated:


Issuer ProShares
Brand ProShares
Structure Commodity Pool
Expense Ratio 0.99%
ETF Home Page Home page
Inception Nov 25, 2008

Analyst Report

This ETF is designed for investors looking to bet against the performance of the euro relative to the U.S. dollar or to hedge against existing euro exposure. EUO utilizes daily leverage, meaning that its objective involves achieving amplified returns over a single trading session, and that performance over multiple sessions may not correspond to the target multiple. Given the targeted focus and use of leverage, EUO is probably not appropriate for most investors; it should never be used in a long-term portfolio, and makes sense only for those with the willingness and ability to monitor and rebalance their portfolio regularly. For those looking to make a bet against the euro zone currency, this fund can be useful, but, for most investors, it shouldn’t be used at all. ULE offers a way to bet on the euro, while DRR, an ETN, offers generally similar exposure.

ETF Database Themes

Leveraged 2x
Asset Class Currency
Region (General) Developed Europe
Region (Specific) Broad
Currency EUR (Euro)

FactSet Classifications

  • Segment Leveraged Currency: Long USD, Short EUR
  • Category Pair
  • Focus Long USD, Short EUR
  • Niche Derivative
  • Strategy Vanilla
  • Weighting Scheme Single Asset

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $22.09
  • 52 Week Hi $26.70
  • AUM $56.3 M
  • Shares 2.2 M

Historical Trading Data

  • 1 Month Avg. Volume 57,824
  • 3 Month Avg. Volume 42,291

Alternative ETFs in the ETF Database Leveraged Currency Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest ULE 0.95% $3.3 M 4,045 -16.82%
Largest (AUM) YCS 1.00% $24.0 M 6,605 18.93%
Most Liquid (Volume) YCS 1.00% $24.0 M 6,605 18.93%
Top YTD Performer YCS 1.00% $24.0 M 6,605 18.93%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

EUO ETF Database Category Average FactSet Segment Average
Number of Holdings 1 1 1
% of Assets in Top 10 100.00% 100.00% 100.00%
% of Assets in Top 15 100.00% 100.00% 100.00%
% of Assets in Top 50 100.00% 100.00% 100.00%

Size Comparison

EUO ETF Database Category Average FactSet Segment Average
Large (>12.9B) N/A N/A N/A
Mid (>2.7B) N/A N/A N/A
Small (>600M) N/A N/A N/A
Micro (<600M) N/A N/A N/A

EUO Valuation

This section compares the P/E ratio of this ETF to its peers.

P/E Ratio
ETF Database Category Average
P/E Ratio
FactSet Segment Average
P/E Ratio

EUO Dividend

This section compares the dividend yield of this ETF to its peers.

EUO ETF Database Category Average FactSet Segment Average
Dividend N/A N/A N/A
Dividend Date N/A N/A N/A
Annual Dividend Rate N/A N/A N/A
Annual Dividend Yield N/A N/A N/A

EUO Price and Volume Charts

View charts featuring EUO price and volume data.

EUO Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: 3.93 M 1 Month Net Flows: 6.65 M 3 Month Net Flows: 5.43 M 6 Month Net Flows: 3.02 M 1 Year Net Flows: -4.02 M 3 Year Net Flows: -115.2 M 5 Year Net Flows: -283.56 M 10 Year Net Flows: -1.14 B

EUO Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for EUO on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Leveraged Currency with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity A+ EUO
Expenses B CROC

A+ Overall Rated ETF:

EUO Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

Expense Ratio
ETF Database Category Average
Expense Ratio
FactSet Segment Average
Expense Ratio

Tax Analysis

Max ST Capital Gains Rate 27.84%
Max LT Capital Gains Rate 27.84%
Tax On Distributions No distributions
Distributes K1 Yes
ESG Themes and Scores

EUO does not have an ESG score. There are no ESG themes that map to this ETF.

EUO Performance

This section shows how this ETF has performed relative to its peers.

EUO ETF Database
Category Average
Factset Segment
1 Month Return 5.37% 1.95% 5.37%
3 Month Return 10.97% 2.24% 10.97%
YTD Return 16.79% 3.55% 16.79%
1 Year Return 15.10% 1.49% 15.10%
3 Year Return 6.74% -1.87% 6.74%
5 Year Return 1.58% -4.28% 1.58%

Geographic Exposure

The following charts reflect the geographic spread of EUO's underlying holdings.

Holdings Analysis

The following charts reflect the allocation of EUO's underlying holdings.

EUO Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETF Database Category.

5 Day Volatility
4 of 5

20 Day Volatility
4 of 5

50 Day Volatility
4 of 5

200 Day Volatility
5 of 5

4 of 5

Standard Deviation
4 of 5


  • 20 Day MA $25.96
  • 60 Day MA $25.11
  • MACD 15 Period 0.09
  • MACD 100 Period 1.61
  • Williams % Range 10 Day 43.96
  • Williams % Range 20 Day 21.17
  • RSI 10 Day 61
  • RSI 20 Day 61
  • RSI 30 Day 61
  • Ultimate Oscillator 53

Bollinger Bands

  • Lower Bollinger (10 Day) $25.93
  • Upper Bollinger (10 Day) $26.61
  • Lower Bollinger (20 Day) $24.99
  • Upper Bollinger (20 Day) $26.90
  • Lower Bollinger (30 Day) $24.29
  • Upper Bollinger (30 Day) $26.88

Support & Resistance

  • Support Level 1 $26.21
  • Support Level 2 $26.11
  • Resistance Level 1 $26.37
  • Resistance Level 2 $26.43


  • Stochastic Oscillator %D (1 Day) 66.67
  • Stochastic Oscillator %D (5 Day) 61.58
  • Stochastic Oscillator %K (1 Day) 60.25
  • Stochastic Oscillator %K (5 Day) 56.12


  • Tracking Difference Median (%) n/a
  • Tracking Difference Max Upside (%) n/a
  • Tracking Difference Max Downside (%) n/a
  • Median Premium Discount (%) -0.03
  • Maximum Premium Discount (%) 0.59
  • Average Spread (%) 1.51
  • Average Spread ($) 1.51

Financial Advisor Report

ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.

Data Lineage

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