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ETFs

ProShares Trust UltraShort MSCI Emerging Markets

EEV
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Oct 30, 2007
Expense Ratio
0.95%
Type
Global Ex. US Equities
Fund Owner
ProShares
Volume (1m avg. daily)
$75,787
AUM
$7,360,667
Associated Index
MSCI Emerging Markets Index
Inverse/Leveraged
Inverse (-2x)
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

—
Derivatives offset
200.38%
—
Net Other Assets (Liabilities)
100%
Invest with EEV
Trade EEV Options

What is EEV?

ProShares UltraShort MSCI Emerging Markets seeks daily investment results before fees and expenses that correspond to twice (200%) the inverse (opposite) of the daily performance of the MSCI Emerging Markets Index.

1M
3M
6M
YTD
1Y
3Y
Max
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EEV
Performance Measures**

for the time period Nov 1, 2007 to Dec 4, 2025

Returns

1M Trailing Return: 1.5%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: -14.8%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -99.6%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 51.3%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: -0.23

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: -0.22

The annualized return divided by the max drawdown for the selected time period.

ETFs related toEEV

ETFs correlated to EEV include EDZ, YANG, EFZ

EEV
ProShares Trust - ProShares UltraShort MSCI Emerging Markets -2x Shares
EDZ
Direxion Shares ETF Trust - Direxion Daily MSCI Emerging Markets Bear -3x Shares
YANG
Direxion Shares ETF Trust - Direxion Daily FTSE China Bear -3X Shares
EFZ
ProShares Trust - ProShares Short MSCI EAFE -1X Shares
EPV
ProShares Trust - ProShares UltraShort FTSE Europe -2X Shares
HIBS
Direxion Shares ETF Trust - Direxion Daily S&P 500 High Beta Bear 3X Shares
USDU
WisdomTree Trust - WisdomTree Bloomberg U.S. Dollar Bullish Fund
SOXS
Direxion Shares ETF Trust - Direxion Daily Semiconductor Bear 3X Shares
SPXU
ProShares Trust - ProShares UltraPro Short S&P 500
SDS
ProShares Trust - ProShares UltraShort S&P500 -2x Shares
SPXS
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bear -3X Shares

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
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Tactical multi-asset, leveraged ETFs, volatility hedging, managed futures, mean reversion, momentum, regime switching, daily rebalancing

OOS Cumulative Return

208.65%

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Category

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OOS Cumulative Return

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Create your own algorithmic trading strategy with EEV using Composer

FAQ

EEV is a Global Ex. US Equities ETF. ProShares UltraShort MSCI Emerging Markets seeks daily investment results before fees and expenses that correspond to twice (200%) the inverse (opposite) of the daily performance of the MSCI Emerging Markets Index.

EEV tracks the MSCI Emerging Markets Index.

No, EEV is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, EEV is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on EEV is 0.0369%. This is the percent change in the value of EEV over the most recent 1-month period. The 3-month return on EEV is 0.0658%. This is the percent change in the value of EEV over the most recent 3-month period.

The standard deviation of EEV for the past year is 0.3749%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to EEV include EJAN, EJUL, and EUM.

ETFs correlated to EEV include EDZ, YANG, and EFZ.

ETFs that are inversely correlated to EEV include EEM, EDC, and IEMG.

Yes, EEV is a Inverse (-2x) ETF: This means that EEV will try to match the performance of MSCI Emerging Markets Index, but with 2x the returns.

Yes, EEV is a Inverse (-2x) leveraged ETF: This means that EEV will try to match the performance of MSCI Emerging Markets Index, but move 2x in the opposite direction.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.