{"url":"https://etfiq.com/compare/leverage/eet-vs-eum","section":"compare","title":"EET vs EUM: which held to its multiple? | ETFIQ","description":"EET sets out to return +2 times EEM each day and EUM -1 times. Over the three months to Sep 30, 2026 they finished \u22123.0 pts and 0.0 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, EET or EUM?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, EET finished 3.0 points from what its multiple implies and EUM finished 0.0 points from its own, so EUM came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are EET and EUM levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on emerging markets, EET at +2 times and EUM at -1 times the daily move."}},{"@type":"Question","name":"Which one decays faster, EET or EUM?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window EET\u2019s moved at 24% annualized and EUM\u2019s at 24%, so EET has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold EET or EUM for a year?","acceptedAnswer":{"@type":"Answer","text":"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\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, EET or EUM?","acceptedAnswer":{"@type":"Answer","text":"EET charges 0.95% a year and EUM charges 0.95%, so EET is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"EET vs EUM","item":"https://etfiq.com/compare/leverage/eet-vs-eum"}]},{"@type":"WebPage","name":"EET vs EUM: which held to its multiple?","description":"EET sets out to return +2 times EEM each day and EUM -1 times. Over the three months to Sep 30, 2026 they finished \u22123.0 pts and 0.0 pts away.","url":"https://etfiq.com/compare/leverage/eet-vs-eum","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, EET finished 1.6 points short and EUM 1.4 points over.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of EET and EUM","description":"EET sets out to return +2 times EEM each day and EUM -1 times. Over the three months to Sep 30, 2026 they finished \u22123.0 pts and 0.0 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/eet-vs-eum","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":6919,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / EET vs EUM \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n EET vs EUM: which held to its multiple?\n\n Over three months against its own daily promise, EET finished 1.6 points short and EUM 1.4 points over.\n Copy this for sharing \n \n ProShares Ultra MSCI Emerging Markets and ProShares Short MSCI Emerging Markets.\n\n Download as PDF \n\n \u22122.1% EET returned, 3 months \n \u22120.5% EUM returned, 3 months \n \u22123.0 pts EET from its stated multiple \n 0.0 pts EUM from its stated multiple \n\n ETFIQ Decay Resistance Score: EET scores higher\n Did it keep","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/eet-vs-eum","a":{"ticker":"EET","name":"ProShares Ultra MSCI Emerging Markets","issuer":"ProShares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: EET returned \u22122.1% where its own daily promise gave \u22120.5%, 1.6 points short.","url":"https://etfiq.com/funds/eet","key_facts":[{"label":"What EEM did","value":"+0.5%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u22120.5%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u22122.1%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22121.6 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$42m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.95%","as_of":"2026-09-30","source":"485BPOS XBRL, Sep 25, 2026"}]},"b":{"ticker":"EUM","name":"ProShares Short MSCI Emerging Markets","issuer":"ProShares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: EUM returned \u22120.5% where its own daily promise gave \u22121.9%, 1.4 points over.","url":"https://etfiq.com/funds/eum","key_facts":[{"label":"What EEM did","value":"+0.5%","as_of":"2026-09-30","source":null},{"label":"What \u22121 times a day gives","value":"\u22121.9%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u22120.5%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+1.4 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$14m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.95%","as_of":"2026-09-30","source":"485BPOS XBRL, Sep 25, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/eet-vs-eum"}