(EUO) ProShares UltraShort Euro - Overview

Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US74347W8828

Etf: Inverse Currency ETF, Euro, Leveraged, Short, Futures

Total Rating 24
Risk 51
Buy Signal -1.06
Risk 5d forecast
Volatility 15.6%
Relative Tail Risk 2.08%
Reward TTM
Sharpe Ratio -1.49
Alpha -24.52
Character TTM
Beta 0.139
Beta Downside 0.421
Drawdowns 3y
Max DD 24.47%
CAGR/Max DD -0.08

Description: EUO ProShares UltraShort Euro December 30, 2025

The ProShares UltraShort Euro (NYSE ARCA: EUO) is a U.S.–registered exchange-traded fund that aims to deliver twice the inverse daily performance of the euro against the U.S. dollar by using futures contracts on the EUR/USD pair. Its objective is achieved under “normal market conditions,” meaning the fund’s leveraged short exposure can diverge from the target if markets become extremely volatile or if the fund experiences significant tracking error.

Key metrics and drivers to watch: (1) Expense ratio ≈ 0.95% annually, which erodes returns more quickly than unleveraged ETFs; (2) Average daily trading volume typically exceeds 200,000 shares, providing reasonable liquidity for intraday positioning; (3) The fund’s performance is highly sensitive to European Central Bank (ECB) policy moves and U.S. Federal Reserve rate differentials, as these directly affect EUR/USD volatility and trend direction.

For a deeper dive into how EUO’s risk-adjusted returns compare to other currency-leveraged products, you might explore the analytics on ValueRay.

What is the price of EUO shares?

As of February 09, 2026, the stock is trading at USD 28.16 with a total of 40,536 shares traded.
Over the past week, the price has changed by +0.61%, over one month by -1.71%, over three months by -3.23% and over the past year by -19.08%.

Is EUO a buy, sell or hold?

ProShares UltraShort Euro has no consensus analysts rating.

What are the forecasts/targets for the EUO price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 26.4 -6.3%

EUO Fundamental Data Overview February 04, 2026

Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 33.7m USD (33.7m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 33.7m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 33.7m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.43% (E(33.7m)/V(33.7m) * Re(6.43%) + (debt-free company))
Discount Rate = 6.43% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)

Additional Sources for EUO ETF

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle