ProShares UltraShort Euro

10-Year Study

EUO.US · · US · ETF

Executive Summary: ProShares UltraShort Euro has compounded at 1.6% annually over the last 10 years, with a maximum drawdown of 26.7% and an annualized volatility of 17.9%.

1Y CAGR
-3.7%
3Y CAGR
-2.0%
5Y CAGR
+4.9%
10Y CAGR
+1.6%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
26.7%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
-0.11
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
-0.19
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
13.7%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2024 · +19.8%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2017 · -21.7%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
60%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
2026-1.21.04.7-3.8————————0.5%
20250.00.1-7.7-8.70.1-6.87.0-4.5-0.24.4-1.0-2.2-18.9%
20244.90.40.82.5-2.83.2-1.7-3.5-0.95.06.54.319.8%
2023-2.56.0-4.5-2.86.9-3.6-1.13.06.00.2-5.1-2.4-1.0%
20222.20.82.510.0-3.75.05.23.65.2-1.7-9.8-4.813.9%
20211.31.15.9-5.0-2.75.6-0.21.03.80.53.8-0.514.8%
20202.61.00.01.4-2.6-2.5-9.1-2.83.71.0-4.3-4.9-16.0%
20190.71.83.30.51.4-3.16.31.82.3-4.02.8-3.210.5%
2018-6.44.0-1.64.27.00.60.11.80.35.40.6-1.814.4%
2017-4.83.8-1.3-3.9-5.9-3.1-6.7-1.01.63.1-4.1-1.1-21.7%
2016———-1.35.90.3-1.40.4-1.24.87.21.416.8%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 17.9%. The dominant macroeconomic risk driver is UUP.US, accounting for 78.4% of variance. Idiosyncratic stock-specific factors contribute 1.2%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-019870.633893919792
2016-05-0110452.781371280724
2016-06-0110487.278999568778
2016-07-0110336.351875808537
2016-08-0110375.161707632598
2016-09-0110245.795601552394
2016-10-0110741.699008193185
2016-11-0111513.58344113842
2016-12-0111677.447175506682
2017-01-0111112.548512289779
2017-02-0111535.144458818457
2017-03-0111379.905131522208
2017-04-0110931.435963777489
2017-05-0110288.917636912462
2017-06-019969.814575247952
2017-07-019297.110823630874
2017-08-019202.242345838722
2017-09-019348.857266062958
2017-10-019642.087106511426
2017-11-019245.364381198793
2017-12-019141.871496334626
2018-01-018559.724018973695
2018-02-018904.700301854245
2018-03-018762.39758516602
2018-04-019128.934885726607
2018-05-019767.141009055627
2018-06-019827.511858559723
2018-07-019840.448469167744
2018-08-0110017.248814144026
2018-09-0110051.74644243208
2018-10-0110590.771884432943
2018-11-0110651.14273393704
2018-12-0110457.30918499353
2019-01-0110526.08883139284
2019-02-0110711.513583441138
2019-03-0111069.426476929711
2019-04-0111125.4851228978
2019-05-0111280.724450194048
2019-06-0110927.123760241482
2019-07-0111612.764122466579
2019-08-0111819.74989219491
2019-09-0112087.106511427339
2019-10-0111608.451918930574
2019-11-0111936.179387667096
2019-12-0111556.70547649849
2020-01-0111854.247520482966
2020-02-0111970.677015955154
2020-03-0111970.677015955154
2020-04-0112143.165157395428
2020-05-0111824.062095730918
2020-06-0111526.520051746444
2020-07-0110478.654592496765
2020-08-0110185.424752048295
2020-09-0110560.586459680897
2020-10-0110668.391548081068
2020-11-0110206.985769728331
2020-12-019711.082363087537
2021-01-019836.136265631736
2021-02-019943.94135403191
2021-03-0110530.40103492885
2021-04-0110000
2021-05-019728.331177231565
2021-06-0110271.668822768434
2021-07-0110254.420008624407
2021-08-0110353.600689952567
2021-09-0110750.3234152652
2021-10-0110802.069857697283
2021-11-0111211.729193617939
2021-12-0111151.358344113842
2022-01-0111392.84174213023
2022-02-0111487.710219922381
2022-03-0111776.62785683484
2022-04-0112958.171625700732
2022-05-0112483.829236739974
2022-06-0113113.41095299698
2022-07-0113799.051315222077
2022-08-0114294.954721862872
2022-09-0115040.965933592066
2022-10-0114786.545924967659
2022-11-0113341.957740405349
2022-12-0112699.439413540318
2023-01-0112376.024148339802
2023-02-0113117.723156532988
2023-03-0112522.639068564034
2023-04-0112177.662785683482
2023-05-0113022.854678740836
2023-06-0112552.824493316084
2023-07-0112414.833980163861
2023-08-0112789.995687796463
2023-09-0113553.255713669685
2023-10-0113579.128934885724
2023-11-0112884.864165588615
2023-12-0112570.07330746011
2024-01-0113182.406209573091
2024-02-0113238.46485554118
2024-03-0113350.582147477362
2024-04-0113686.934023285898
2024-05-0113298.835705045278
2024-06-0113725.74385510996
2024-07-0113497.197067701594
2024-08-0113018.54247520483
2024-09-0112902.112979732643
2024-10-0113553.255713669685
2024-11-0114432.945235015091
2024-12-0115058.214747736094
2025-01-0115062.526951272099
2025-02-0115071.151358344116
2025-03-0113915.480810694266
2025-04-0112699.439413540318
2025-05-0112712.37602414834
2025-06-0111849.93531694696
2025-07-0112673.566192324277
2025-08-0112100.04312203536
2025-09-0112078.482104355326
2025-10-0112613.19534282018
2025-11-0112488.141440275982
2025-12-0112216.472617507545
2026-01-0112069.85769728331
2026-02-0112194.911599827512
2026-03-0112764.122466580424
2026-04-0112281.15567054765
Annual Return Matrix
YearAnnual Return
2017-0.21713441654357457
20180.14389150943396234
20190.10513185295148553
2020-0.15970149253731347
20210.14831261101243332
20220.13882443928847632
2023-0.01018675721561968
20240.19794168096054898
2025-0.18871706758304707
20260.00529474055771284
Total Factor Risk
0.1790031208951785
VTI.US Exposure
0.0067629512640175376
VEA.US Exposure
0.016023273456766518
VWO.US Exposure
0.004549264931735705
QQQ.US Exposure
0.008788889430796231
VTV.US Exposure
-0.0006958520445761609
IJR.US Exposure
-0.008612073535177865
QUAL.US Exposure
-0.014684184893420714
SHV.US Exposure
0.1925113471111936
TLT.US Exposure
-0.00045077350420830815
LQD.US Exposure
-0.018671102983443086
HYG.US Exposure
0.0192983325894455
GLD.US Exposure
0.0015049766961462516
USO.US Exposure
-0.0009452826912547396
VNQ.US Exposure
0.001417172729580021
BTC-USD.CC Exposure
-0.0006304468097190138
CPER.US Exposure
0.0026153989108824984
VIX.INDX Exposure
-0.0008984836418426777
UUP.US Exposure
0.784198279009379
TIP.US Exposure
-0.0040599038124831755
Idiosyncratic Exposure
0.011978217786182733
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
17.9%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-1.6%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-0.2%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
7.2% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
-13.84
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is ProShares UltraShort Euro a high-risk investment?

ProShares UltraShort Euro (EUO.US) has an annualized volatility of 17.9% and experienced a maximum drawdown of 26.7% over the last 10 years. Its primary macro risk driver is UUP.US.

What is the 10-year return of EUO.US?

Over the past 10 years, EUO.US has generated a Compound Annual Growth Rate (CAGR) of 1.6%. It has had a positive return in 60% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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