Skip to content
Beacon

EFOProShares Ultra MSCI EAFE

Take a bet17y track recordRanked #452 of 949 in this goal

Seeks daily investment results that correspond to 2x the daily performance of the MSCI EAFE Index.

By ProShares · Launched 2009

Annual Cost

0.95%

#4,882 of 5,861 · expensive

Fund Size

$29M

#4,196 of 5,861 · small

Return (1Y)Goal

+40.4%

Track Record

17 years

#660 of 5,861 · established

Performance

Total-return NAV · USD
Growth of $10,000
$15,098+51.0%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

Global ex-US

Strategy

Leveraged

Index tracked

MSCI EAFE Index

What it actually holds

By weight

Concentration

synthetic exposure — holdings shown are derivatives collateral, not the fund's positions

ProShares GENIUS Money Market ETF
33.3%
N/A
7.0%
N/A
6.7%
N/A
6.1%
N/A
6.0%
N/A
2.9%
Repurchase Agreement
2.5%
Repurchase Agreement
1.2%
Repurchase Agreement
1.2%
Repurchase Agreement
0.7%

Asset allocation

Cash
54.2%
Stocks
29.5%
Other
16.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
31.9%High

Year-on-year price swings

Max drawdown
-64.5%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.71Decent risk-adjusted returns
Sortino (3Y)
1.04Good downside protection

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results that correspond to 2x the daily performance of the MSCI EAFE Index.
Strategy
Invests in large and mid-capitalization companies across developed market countries, excluding the U.S. and Canada, to achieve daily returns consistent with the Daily Target. Uses derivatives for leveraged exposure and rebalances daily to maintain 2x exposure to the MSCI EAFE Index.
Inception date
June 4, 2009
Fund family
ProShares

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged
Warning

Your return drifts the longer you hold

Leverage amplifies the index's daily move, by 2x or 3x. The fund resets every day, so over weeks and months your real return drifts from that multiple. It can run ahead in a smooth climb and bleed in a choppy one. Hold one for months and you own a different bet than the label suggests.

Sources: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

What's next?

You've looked at EFO. Save it to your watchlist to weigh it against other funds, then turn your shortlist into a portfolio.

See other funds for this goal

Data updated on 2026-08-04