EUOProShares UltraShort Euro
The fund seeks to meet its investment objective under normal market conditions by obtaining short exposures to its benchmark through futures contracts on its underlying currency.
By ProShares · Launched 2008
0.98%
#4,853 of 5,562 · expensive
$37M
#3,842 of 5,562 · small
+5.7%
17 years
#635 of 5,562 · established
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundAsset class
EquityStrategy
Inverse
What it actually holds
By weightConcentration
Top 1 holdings = 27.3% of fund✓ well diversified
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Where to buy
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- The fund seeks to meet its investment objective under normal market conditions by obtaining short exposures to its benchmark through futures contracts on its underlying currency.
- Strategy
- To achieve its investment objective, the fund primarily invests in financial instruments such as futures contracts, swap agreements, and other derivatives that provide inverse exposure to the Euro, while also maintaining liquidity through investments in money market instruments.
- Inception date
- November 24, 2008
- Fund family
- ProShares
Similar ETFs
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Inverse ETF — daily tool only
Delivers the inverse of the benchmark's daily return. The compounding path makes multi-day holding unpredictable even when the benchmark's total move goes your way. Legitimate as a one-day hedge; dangerous as a view.
Source: Cheng & Madhavan (2009)
Why we flagged this: strategy=inverse + inverse_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
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Data updated on 2026-06-19