Data as of .
EET vs EEV: which held to its multiple?
Over three months against its own daily promise, EET finished 0.9 points short and EEV 1.9 points over.
ETFIQ Decay Resistance Score: EET scores higher
Did it keep up with its own daily multiple, compounded day by day?
A percentile among the 391 leveraged ETFs, long, over three months. It is a position in a set, not a rating, and neither end of it is a recommendation. All leveraged ETFs ranked by it · How it is computed
Performance, window by window
| Window | Total return | Multiple would give | Difference | |||
|---|---|---|---|---|---|---|
| EET | EEV | EET | EEV | EET | EEV | |
| 1 month | +3.5% | −4.1% | +4.2% | −4.2% | −0.7 pts | +0.1 pts |
| 3 months | −1.9% | −4.5% | +0.9% | −0.9% | −2.8 pts | −3.6 pts |
| 6 months | +34.0% | −37.1% | +40.1% | −40.1% | −6.1 pts | +3.0 pts |
| 1 year | +54.8% | −48.4% | +64.5% | −64.5% | −9.7 pts | +16.2 pts |
| 3 years | +151.7% | −72.3% | +173.1% | −173.1% | −21.3 pts | +100.7 pts |
| Since launch | +35.5% | −97.6% | not meaningful | not meaningful | not meaningful | not meaningful |
| EET ProShares Ultra MSCI Emerging Markets Aims to return twice the daily move of emerging markets (EEM) | EEV ProShares UltraShort MSCI Emerging Markets Aims to return twice the opposite of the daily move of emerging markets (EEM) | |
|---|---|---|
| Issuer | ProShares | ProShares |
| Sets out to return | +2x | -2x |
| On | EEM | EEM |
| Segment | country | country |
| Fund returned, 3 months | −1.9% | −4.5% |
| Underlying returned, 3 months | +0.4% | +0.4% |
| What the stated multiple implies, 3 months | +0.9% | −0.9% |
| Difference from stated, 3 months | −2.8 pts | −3.6 pts |
| Fund returned, 1 year or since launch | +54.8% | −48.4% |
| Difference from stated, over that window | −9.7 pts | +16.2 pts |
| Underlying volatility | 28% | 28% |
| Expense ratio | 0.95% | 0.95% |
| Launched | Jan 4, 2010 | Jan 4, 2010 |
EET in plain words
Three months to Sep 11, 2026: EET returned −1.9% where its own daily promise gave −1.0%, 0.9 points short. Read the multiple against the whole window instead and +2 times EEM's 0.4% implies +0.9%, which makes EET look 2.8 points short. 1.9 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. EET aims to return +2 times EEM's move each day, then resets. Over one day it does that. Over longer, the daily results compound, so the total is not +2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more. EEM moved at 28% annualized over that window. That is what decides how far the two figures separate: the same fund on a calm underlying and a violent one is a different product.
EEV in plain words
Three months to Sep 11, 2026: EEV returned −4.5% where its own daily promise gave −6.4%, 1.9 points over. Read the multiple against the whole window instead and −2 times EEM's 0.4% implies −0.9%, which makes EEV look 3.6 points short. 5.5 of that is daily compounding, which happens to any −2 times fund over the same path, and the rest is the fund. EEV aims to return -2 times EEM's move each day, then resets. Over longer, the daily results compound, so the total is not -2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more.
Questions people ask
- Which came closer to its stated multiple, EET or EEV?
- Over the window to Sep 11, 2026, EET finished 2.8 points from what its multiple implies and EEV finished 3.6 points from its own, so EET came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are EET and EEV levered on the same thing?
- Yes. Both are levered on emerging markets, EET at +2 times and EEV at -2 times the daily move.
- Which one decays faster, EET or EEV?
- Decay follows how much the underlying moves about. Over this window EET’s moved at 28% annualized and EEV’s at 28%, so EET has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold EET or EEV for a year?
- Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.
- Which is cheaper, EET or EEV?
- EET charges 0.95% a year and EEV charges 0.95%, so EET is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, EET against EEV, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/EET-EEV Free to use with attribution; the underlying files are at Open data.