# EUO (ProShares UltraShort Euro)

ProShares · Leveraged ETFs · data as of Sep 11, 2026

EUO aims to return -2 times Euro's move each day, then resets. Over one day it does that.

## Key facts

- EUO, expense ratio: not read by ETFIQ, as of Sep 11, 2026.
- EUO, underlying: Euro (no investable tracker), as of Sep 11, 2026.
- EUO, sets out to return: -2 times the daily move of Euro, reset daily, as of Sep 11, 2026.

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | -2 times the daily move of Euro, reset daily | ETFIQ |
| Underlying | Euro (no investable tracker) | ETFIQ |
| Segment | single stock, single stock | ETFIQ |
| Expense ratio | not read by ETFIQ | ETFIQ |
| Launched | Jan 4, 2010 | ETFIQ |

## Questions

### Why does EUO not return -2 times over a year?

Because it resets daily. EUO aims at -2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what -2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.


## Cite this page

ETFIQ, EUO, data as of Sep 11, 2026. https://etfiq.com/funds/EUO
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/EUO  ·  JSON: https://etfiq.com/funds/EUO.json