ProShares UltraShort Euro -2X Shares
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$30.70
- Net Assets:$0 Million
- NAV:$30.55
- Premium0.49%
- Peer Rank:156 of 330
- Investment Rating:C
- Performance:C+
- RiskC+
We rate ProShares UltraShort Euro at C. Positive factors that influence this rating include a well above average total return, low price volatility and low expense structure. The fund may be considered for investors seeking a Non-US Equity strategy.
Total return ranks very high in comparison with peers over the last three years. The ProShares UltraShort Euro has returned an annual rate of 1.42% since inception. More recently, the fund has generated a total return of 3.65% in the last five years, 8.88% in the last three years, and 1.41% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 40% of them. It has also outpaced 78% of its competitors on a three year basis and 16% of them over the last year for the period ending 2/29/2024. On a year to date basis, EUO has returned 4.75%.
Downside risk has been below average. EUO has a draw down risk of -19.04%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 15.3%. This fund has had moderate volatility in its monthly performance over the last 36 months.
High expense ratio hinders performance. As EUO is an exchange traded fund, it has no front end or back end load.
The ProShares UltraShort Euro is managed by Alexander V. Ilyasov at ProShare Advisors LLC. This fund is one of 130 ProShare Advisors LLC exchange-traded funds launched since 6/19/2006 that we track.