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Dividend Vision

EUO — ProShares UltraShort Euro

ProShares UltraShort Euro (EUO)

EUO pays a 0.00% distribution rate, on a 0.98% expense ratio. Total return is 21.7% over the past 17.7 years, 1130.9 points behind SPY at 1152.6%. Its deepest 1-year drawdown was 8.1%.

ProShares UltraShort Euro is a leveraged inverse ETF designed to deliver twice the opposite daily performance of the euro relative to the U.S. dollar, making it a tactical tool for investors seeking to profit from euro weakness or hedge euro exposure. The fund carries a 0.98% expense ratio, distributes no dividend yield, and is structured for active traders rather than income-focused investors due to its use of leverage and daily reset mechanics, which can lead to performance drift over longer holding periods. This ETF appeals primarily to sophisticated investors employing short-term currency hedging strategies or those with directional bearish views on the euro.

EUO key facts

Issuer
ProShares
Asset type
ETF
Asset class
Fixed Income
Inception date
11/24/2008
Expense ratio
0.98%
Distribution rate
0.00%
Last close
$30.11
AUM
$35,807,667
Average volume
8500.0