EFOProShares Ultra MSCI EAFE
Seeks daily investment results of 200% of the daily performance of the MSCI EAFE Index.
ProShares · Since 2009 (16 years)
0.95%
#4471 out of 5,332 ETFs
$29M
#3845 out of 5,332 ETFs
1.74%
16 years
#692 out of 5,332 ETFs
Performance
1 Year
+41.9%
3 Years
+21.5%
5 Years
+7.8%
What's inside
Top holdings
Risk profile
29.7%
High
-63.5%
Worst peak-to-trough loss
0.68
Decent risk-adjusted returns
0.99
Moderate downside risk
Similar ETFs
Our take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Leveraged ETF — not a long-term hold
This fund uses leverage to amplify daily returns (e.g. 2x or 3x of an index). Daily rebalancing creates volatility decay — over weeks and months, the fund's return drifts from the stated multiple. In trending markets with low realised volatility, leveraged index ETFs can outperform their nominal multiple; in sideways or volatile markets they bleed. Designed for short-term tactical use, not buy-and-hold.
Source: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)
Why we flagged this: strategy=leveraged + leveraged_name_or_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
Data updated on 2026-05-05