EUO vs VYM
ProShares UltraShort Euro vs Vanguard High Dividend Yield ETF
Which is better, EUO or VYM?
VYM has been ahead.
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window.
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 | EUO | VYM |
|---|---|---|
| Expense Ratio | 0.98% | 0.04%Best |
| AUM | $33M | $81.6B |
| Dividend Yield | 0.00% | 2.22% |
| Holdings | 4 | 613 |
| YTD Return | +7.48% | +12.29%Best |
| 1Y Return | +11.05% | +16.61%Best |
| 3Y Return (annualized) | -0.03% | +17.42%Best |
| 5Y Return (annualized) | +4.73% | +12.12%Best |
| Volatility (annualized) | 17.9% | 14.2%Best |
| Max Drawdown | -38.6% | -35.7%Best |
| $10,000 over 5 years | $12,600 | $17,718Best |
| Fund Family | ProShares | Vanguard (US) |
| Category | Alternative | Equity |
| Style | - | Large Cap Value |
| Inception | Nov 24, 2008 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Nov 25, 2008 to Sep 17, 2026 (17.8 years).
EUO vs VYM 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 17.8 years both funds cover.
EUO vs VYM Performance
ProShares UltraShort Euro (EUO) is an ETF from ProShares and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year EUO returned +11.05% while VYM returned +16.61%. Year to date, EUO is up 7.48% versus a gain of 12.29% for VYM.
Over three years, EUO compounded at -0.03% per year against +17.42% for VYM; over five years the annualized figures are +4.73% and +12.12% respectively. Across the full 18-year window we track, VYM has the edge at +10.42% annualized vs +1.21%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EUO has been the more volatile fund, with annualized monthly volatility of 17.9% compared with 14.2% for VYM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -38.6% for EUO and -35.7% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.40. They move together some of the time, and apart the rest.
Fees and Cost Over Time
EUO charges 0.98% per year while VYM charges 0.04%. On a $10,000 position that is $98 vs $4 annually, a gap of $94 per year that compounds over a long holding period. On income, EUO currently yields 0.00% against 2.22% for VYM.
Holdings Overlap
We hold position weights for 1 holding in EUO and 557 in VYM, totalling 30.4% and 99.2% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in EUO and 557 in VYM, against full books of 4 and 613.
You are not choosing between two funds in isolation.
Whichever of EUO and VYM 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, EUO or VYM?
EUO has an expense ratio of 0.98% while VYM charges 0.04%. VYM is the cheaper option, by $94 a year on a $10,000 investment.
Which performed better, EUO or VYM?
Over the past year EUO returned +11.05% vs +16.61% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (18 years), EUO annualized +1.21% vs +10.42% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EUO or VYM?
EUO has been the more volatile fund at 17.9% annualized versus 14.2% for VYM. Worst drawdown: EUO -38.6% vs VYM -35.7%.
Should I hold both EUO and VYM?
EUO and VYM have a monthly-return correlation of -0.40, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, EUO or VYM?
EUO yields 0.00% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than EUO?
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.