EFU vs EFZ
ProShares UltraShort MSCI EAFE vs ProShares Short MSCI EAFE
Which is better, EFU or EFZ?
EFZ has been ahead.
EFZ led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.99.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | EFU | EFZ |
|---|---|---|
| Expense Ratio | 0.95%Tie | 0.95%Tie |
| AUM | $1M | $10M |
| Dividend Yield | 5.33% | 4.09% |
| Holdings | 4 | 5 |
| YTD Return | -15.04% | -5.97%Best |
| 1Y Return | -23.69% | -10.71%Best |
| 3Y Return (annualized) | -26.69% | -11.76%Best |
| 5Y Return (annualized) | -16.16% | -5.85%Best |
| Volatility (annualized) | 33.2% | 17.5%Best |
| Max Drawdown | - | -90.3% |
| $10,000 over 5 years | $4,142 | $7,398Best |
| Fund Family | ProShares | ProShares |
| Category | Alternative | Alternative |
| Style | Trading-Inverse Equity | Trading-Inverse Equity |
| Inception | Oct 23, 2007 | Oct 23, 2007 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 25, 2007 to Oct 13, 2026 (19 years).
EFU vs EFZ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 19 years both funds cover.
EFU vs EFZ Performance
ProShares UltraShort MSCI EAFE (EFU) is an ETF from ProShares and ProShares Short MSCI EAFE (EFZ) is an ETF from ProShares. Over the past year EFU returned -23.69% while EFZ returned -10.71%. Year to date, EFU is down 15.04% versus a loss of 5.97% for EFZ.
Over three years, EFU compounded at -26.69% per year against -11.76% for EFZ; over five years the annualized figures are -16.16% and -5.85% respectively. Across the full 19-year window we track, EFZ has the edge at -8.30% annualized vs -19.83%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EFU has been the more volatile fund, with annualized monthly volatility of 33.2% compared with 17.5% for EFZ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
EFU charges 0.95% per year while EFZ charges 0.95%. On a $10,000 position that is $95 vs $95 annually. On income, EFU currently yields 5.33% against 4.09% for EFZ.
You are not choosing between two funds in isolation.
Whichever of EFU and EFZ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EFU or EFZ?
EFU has an expense ratio of 0.95% while EFZ charges 0.95%. At the precision these are quoted to, they cost the same.
Which performed better, EFU or EFZ?
Over the past year EFU returned -23.69% vs -10.71% for EFZ, so EFZ leads on 1-year performance. Over the longest common window we track (19 years), EFU annualized -19.83% vs -8.30% for EFZ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EFU or EFZ?
EFU has been the more volatile fund at 33.2% annualized versus 17.5% for EFZ.
Should I hold both EFU and EFZ?
EFU and EFZ have a monthly-return correlation of 0.99, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, EFU or EFZ?
EFU yields 5.33% while EFZ yields 4.09%, so EFU currently pays the higher dividend yield.
Is EFZ better than EFU?
EFZ led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.99. Which one suits a particular account depends on what it is for. This is information, not a recommendation.