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ETFs

ProShares Trust Short MSCI Emerging Markets

EUM
$—
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)
$717,775
AUM
$31,718,190
Associated Index
MSCI Emerging Markets Index
Inverse/Leveraged
Inverse (-1)
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

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Derivatives offset
100.1%
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Net Other Assets (Liabilities)
100%
Invest with EUM
Trade EUM Options

What is EUM?

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

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

EUM
Performance Measures**

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

Returns

1M Trailing Return: 1.1%

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

3M Trailing Return: -7.1%

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

Measures of Risk or Volatility

Max Drawdown: -91.1%

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

Standard Deviation: 28.0%

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: -0.19

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: -0.10

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

ETFs related toEUM

ETFs correlated to EUM include EDZ, YANG, EFZ

EUM
ProShares Trust - ProShares Short MSCI Emerging Markets -1x 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
SH
ProShares Trust - ProShares Short S&P500 -1x 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
Related toEUM

FTL's 🌟 Starburst GEN-II v1.c w/ BWC Ultimate FR [Removed BB] Added Walter's Champagne and Cocaine Strats and NOVA | (multiple TQQQ, one crypto) KMLM Switcher MonkeyBusiness WM74 + Wash

Category

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

OOS Cumulative Return

208.65%

Simon | KMLM switcher | Simon Shorts Ed. + MbM | (single pops)| BT 4/13/22

Category

Trend-following, RSI momentum, volatility hedging, leveraged ETFs, inverse ETFs, managed futures (KMLM), bonds/cash, tech/semis/small-cap/biotech, risk-on/off

OOS Cumulative Return

94.76%

Create your own algorithmic trading strategy with EUM using Composer

FAQ

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

EUM tracks the MSCI Emerging Markets Index.

No, EUM 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, EUM 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 EUM is 0.0216%. This is the percent change in the value of EUM over the most recent 1-month period. The 3-month return on EUM is 0.0403%. This is the percent change in the value of EUM over the most recent 3-month period.

The standard deviation of EUM for the past year is 0.1853%. 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 EUM include EEV, EJUL, and EJAN.

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

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

No, EUM is not a leveraged ETF.

Yes, EUM is a Inverse (-1) leveraged ETF: This means that EUM will try to match the performance of MSCI Emerging Markets Index, but move 1x 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.