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ETFs

ProShares UltraShort Euro

EUO
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Nov 24, 2008
Expense Ratio
0.95%
Type
Global Ex. US Currency
Fund Owner
ProShares
Volume (1m avg. daily)
$1,018,760
AUM
$43,351,878
Associated Index
EUR/USD Exchange Rate
Inverse/Leveraged
Inverse (-2x)
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

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Derivatives offset
199.84%
—
Net Other Assets (Liabilities)
100%
—
EURO/US DOLLAR FORWARD - UBS
-93.6%
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EURO/US DOLLAR FORWARD - GOLDMAN SACHS
-106.24%
Invest with EUO
Trade EUO Options

What is EUO?

ProShares UltraShort Euro seeks daily investment results before fees and expenses that correspond to twice (200%) the inverse (opposite) of the daily performance of the U.S. Dollar price of the Euro.

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

EUO
Performance Measures**

for the time period Nov 25, 2008 to Dec 4, 2025

Returns

1M Trailing Return: -2.7%

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

3M Trailing Return: 1.3%

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

Measures of Risk or Volatility

Max Drawdown: -38.6%

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

Standard Deviation: 18.0%

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: 0.14

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: 0.02

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

ETFs related toEUO

ETFs correlated to EUO include UUP, USDU, EPV

EUO
ProShares Trust - ProShares UltraShort Euro -2X Shares
UUP
Invesco DB US Dollar Index Trust - Invesco DB US Dollar Index Bullish Fund
USDU
WisdomTree Trust - WisdomTree Bloomberg U.S. Dollar Bullish Fund
EPV
ProShares Trust - ProShares UltraShort FTSE Europe -2X Shares
EFZ
ProShares Trust - ProShares Short MSCI EAFE -1X Shares
JDST
Direxion Shares ETF Trust - Direxion Daily Junior Gold Miners Index Bear -2X Shares
DUST
Direxion Shares ETF Trust - Direxion Daily Gold Miners Index Bear -2X Shares
GDXD
Bank of Montreal - MicroSectors Gold Miners -3X Inverse Leveraged ETNs
GLL
ProShares Trust - ProShares UltraShort Gold -2x Shares
EDZ
Direxion Shares ETF Trust - Direxion Daily MSCI Emerging Markets Bear -3x Shares
ZSL
ProShares Trust - ProShares UltraShort Silver -2x 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 toEUO

V3.0.2a | ☢️ Beta Baller + TCCC 💊 | Deez, BrianE, HinnomTX, DereckN, Garen, DJKeyhole 🧙‍♂️, comrade | AR: 10490.6%, DD 29.4% - BT date 1DEC19

Category

Leveraged ETFs, tactical rotation, trend + mean‑reversion, volatility hedging, semiconductor/tech focus, macro regime filters, daily rebalance

OOS Cumulative Return

540.26%

Wooden ARKK Machine 2.2 + BB V3.0.4.2a Merged with MIM CONS and V1 New SOXL Baller

Category

Tactical asset allocation, leveraged ETFs, trend following, mean reversion, volatility hedging, sector rotation, crypto overlay, daily rebalancing

OOS Cumulative Return

488.64%

Create your own algorithmic trading strategy with EUO using Composer

FAQ

EUO is a Global Ex. US Currency ETF. ProShares UltraShort Euro seeks daily investment results before fees and expenses that correspond to twice (200%) the inverse (opposite) of the daily performance of the U.S. Dollar price of the Euro.

EUO tracks the EUR/USD Exchange Rate.

No, EUO 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, EUO 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 EUO is 0.0479%. This is the percent change in the value of EUO over the most recent 1-month period. The 3-month return on EUO is 0.0749%. This is the percent change in the value of EUO over the most recent 3-month period.

The standard deviation of EUO for the past year is 0.1811%. 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 EUO include ULE, YCL, and YCS.

ETFs correlated to EUO include UUP, USDU, and EPV.

ETFs that are inversely correlated to EUO include FXE, UDN, and IBND.

Yes, EUO is a Inverse (-2x) ETF: This means that EUO will try to match the performance of EUR/USD Exchange Rate, but with 2x the returns.

Yes, EUO is a Inverse (-2x) leveraged ETF: This means that EUO will try to match the performance of EUR/USD Exchange Rate, 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.