EEV vs EUM
ProShares UltraShort MSCI Emerging Markets vs ProShares Short MSCI Emerging Markets
Which is better, EEV or EUM?
EUM has been ahead.
EUM led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.98.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | EEV | EUM |
|---|---|---|
| Expense Ratio | 0.95%Tie | 0.95%Tie |
| AUM | $3M | $14M |
| Dividend Yield | 7.47% | 3.65% |
| Holdings | 5 | 6 |
| YTD Return | -32.83% | -14.66%Best |
| 1Y Return | -41.39% | -19.74%Best |
| 3Y Return (annualized) | -33.93% | -16.04%Best |
| 5Y Return (annualized) | -16.21% | -5.59%Best |
| Volatility (annualized) | 37.4% | 19.5%Best |
| Max Drawdown | - | -94.0% |
| $10,000 over 5 years | $4,130 | $7,500Best |
| Fund Family | ProShares | ProShares |
| Category | Alternative | Alternative |
| Style | Trading-Inverse Equity | Trading-Inverse Equity |
| Inception | Oct 30, 2007 | Oct 30, 2007 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Nov 1, 2007 to Oct 14, 2026 (19 years).
EEV vs EUM growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 19 years both funds cover.
EEV vs EUM Performance
ProShares UltraShort MSCI Emerging Markets (EEV) is an ETF from ProShares and ProShares Short MSCI Emerging Markets (EUM) is an ETF from ProShares. Over the past year EEV returned -41.39% while EUM returned -19.74%. Year to date, EEV is down 32.83% versus a loss of 14.66% for EUM.
Over three years, EEV compounded at -33.93% per year against -16.04% for EUM; over five years the annualized figures are -16.21% and -5.59% respectively. Across the full 19-year window we track, EUM has the edge at -10.20% annualized vs -25.55%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EEV has been the more volatile fund, with annualized monthly volatility of 37.4% compared with 19.5% for EUM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
EEV charges 0.95% per year while EUM charges 0.95%. On a $10,000 position that is $95 vs $95 annually. On income, EEV currently yields 7.47% against 3.65% for EUM.
Holdings Overlap
We hold position weights for 1 holding in EEV and 1 in EUM, totalling 72.3% and 85.8% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
1 positions in common, counted across the 1 positions we hold weights for in EEV and 1 in EUM, against full books of 5 and 6.
Top Shared Holdings
| Stock | Weight in EEV | Weight in EUM | Difference |
|---|---|---|---|
| IQMMProshares Genius Mny Mkt Etf | 72.34% | 85.82% | 13.48% |
You are not choosing between two funds in isolation.
Whichever of EEV and EUM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EEV or EUM?
EEV has an expense ratio of 0.95% while EUM charges 0.95%. At the precision these are quoted to, they cost the same.
Which performed better, EEV or EUM?
Over the past year EEV returned -41.39% vs -19.74% for EUM, so EUM leads on 1-year performance. Over the longest common window we track (19 years), EEV annualized -25.55% vs -10.20% for EUM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EEV or EUM?
EEV has been the more volatile fund at 37.4% annualized versus 19.5% for EUM.
Should I hold both EEV and EUM?
EEV and EUM have a monthly-return correlation of 0.98, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, EEV or EUM?
EEV yields 7.47% while EUM yields 3.65%, so EEV currently pays the higher dividend yield.
Is EUM better than EEV?
EUM led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.98. Which one suits a particular account depends on what it is for. This is information, not a recommendation.