ProShares Ultra MSCI Emerging Markets (EET) Performance
EET total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +15.9% since Dec 31, 2025
- 1 year
- +17.5% total return
- 5 years
- +1.4% a year
- 10 years
- +5.8% a year
- Since first price
- +3.4% a year since 2009
EET trailing returns vs SPY, QQQ, AGG
| Period | EET total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −16.9% | −16.9% | −1.0% | −5.0% | +0.9% |
| 3 months | −10.2% | −10.6% | +3.2% | +1.9% | −0.4% |
| 6 months | −6.8% | −7.5% | +7.8% | +8.4% | −1.5% |
| YTD | +15.9% | +14.6% | +12.3% | +15.1% | −1.0% |
| 1 year | +17.5% | +15.3% | +14.4% | +15.9% | −1.1% |
| 3 years | +137.4%+33.4%/yr | +120.0% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +7.2%+1.4%/yr | −2.3% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +75.1%+5.8%/yr | +56.8% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +53.0%+2.9%/yr | +36.9% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionJun 4, 2009 | +78.1%+3.4%/yr | +59.2% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: EET vs SPY
From Jun 4, 2009: EET grew to $17,810, SPY to $109,708.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
EET returns by calendar year
9 of 16 full years positive. Best 2017 (+82.4%), worst 2022 (−42.9%). 2026 is year to date.
EET annual returns table
| Year | EET | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +15.9% | −27.9% | +12.3% | +15.1% | −1.0% |
| 2025 | +63.1% | −28.6% | +17.7% | +20.8% | +7.2% |
| 2024 | +2.9% | −20.9% | +24.9% | +25.6% | +1.3% |
| 2023 | +7.1% | −30.8% | +26.2% | +54.9% | +5.7% |
| 2022 | −42.9% | −58.1% | −18.2% | −32.6% | −13.0% |
| 2021 | −10.9% | −32.9% | +28.7% | +27.4% | −1.8% |
| 2020 | +18.9% | −59.3% | +18.3% | +48.6% | +7.5% |
| 2019 | +31.9% | −25.1% | +31.2% | +39.0% | +8.5% |
| 2018 | −33.8% | −49.9% | −4.6% | −0.1% | +0.1% |
| 2017 | +82.4% | −10.5% | +21.7% | +32.7% | +3.6% |
| 2016 | +14.5% | −21.0% | +12.0% | +7.1% | +2.4% |
| 2015 | −33.4% | −50.5% | +1.2% | +9.4% | +0.5% |
| 2014 | −11.0% | −32.8% | +13.5% | +19.2% | +6.0% |
| 2013 | −11.4% | −35.8% | +32.3% | +36.6% | −2.0% |
| 2012 | +33.9% | −33.9% | +16.0% | +18.1% | +3.8% |
| 2011 | −41.7% | −55.0% | +1.9% | +3.4% | +7.7% |
| 2010 | +25.2% | −33.1% | +15.1% | +19.9% | +6.4% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
EET largest drawdowns
Now 27.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Apr 26, 2011 | −71.7% | Jan 20, 2016 | Feb 11, 2021 | 4.7 years | 9.8 years |
| Feb 17, 2021 | −67.7% | Oct 24, 2022 | May 5, 2026 | 1.7 years | 5.2 years |
| Apr 14, 2010 | −33.1% | May 20, 2010 | Oct 1, 2010 | 36 days | 6 months |
| Jun 22, 2026 | −27.9% | Oct 22, 2026 | not yet | 4 months | 4 months so far |
| Jan 8, 2010 | −27.9% | Feb 8, 2010 | Apr 5, 2010 | 31 days | 3 months |
| Jun 11, 2009 | −20.6% | Jun 22, 2009 | Jul 20, 2009 | 11 days | 39 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
EET risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2009 |
|---|---|---|---|---|
| Annualized return | +37.4% | +6.0% | +7.4% | +4.8% |
| Volatility (annualized) | 31.0% | 35.8% | 35.0% | 37.2% |
| Sharpe ratio | 1.04 | 0.24 | 0.32 | 0.28 |
| Sortino ratio | 1.91 | 0.37 | 0.48 | 0.42 |
| Best month | +25.7% | +32.7% | +32.7% | +32.7% |
| Worst month | −18.8% | −22.7% | −34.8% | −34.8% |
| Best 12 months | +115.8% | +115.8% | +138.8% | +138.8% |
| Worst 12 months | +2.9% | −56.7% | −56.7% | −56.7% |
| Positive months | 67% | 53% | 56% | 52% |
| Beta vs S&P 500 | 1.63 | 1.49 | 1.57 | — |
| Correlation with S&P 500 | 0.65 | 0.65 | 0.69 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
EET rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 197 | −56.7% | +5.0% | +138.8% | 55% |
| 3-year (a year) | 173 | −22.7% | −1.9% | +40.2% | 45% |
| 5-year (a year) | 149 | −17.2% | −1.4% | +21.7% | 46% |
| 10-year (a year) | 89 | −7.0% | −1.5% | +11.3% | 33% |
Every holding period starting at a month-end since 2009. Returns for 3 years and longer are annualized.
EET performance overview
ProShares Ultra MSCI Emerging Markets (EET) returned +17.5% over the past year and +5.8% a year over ten years, with distributions reinvested. Since its first recorded price in 2009 it has returned +3.4% a year, turning $10,000 into about $17,810. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −71.7%, from Apr 26, 2011 to Jan 20, 2016, and it took 5.1 years to get back to the old high. EET finished 9 of its 16 full calendar years with a gain; the best year was 2017 (+82.4%) and the worst 2022 (−42.9%). Volatility has been 37.2% a year.
Related: EET chart, EET dividends. See the EET overview for the latest quote and fund facts.
EET performance FAQ
What is the EET return over the past year?
EET returned +17.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 15.3%.
What is the average annual return of EET?
EET has returned +1.4% a year over 5 years, +5.8% a year over 10 years, +3.4% a year since June 4, 2009 (total return, distributions reinvested).
How much would $10,000 invested in EET be worth?
$10,000 invested in EET at its first recorded close on June 4, 2009 would be worth about $17,810 on October 23, 2026 with distributions reinvested.
What was the worst year for EET?
The worst calendar year was 2022, with a total return of −42.9%. The best was 2017 at +82.4%.
What is the biggest drawdown of EET?
The largest peak-to-trough decline was −71.7% between April 26, 2011 and January 20, 2016. It recovered to the old high on February 11, 2021, 5.1 years after the bottom.
How volatile is EET?
Over the past 3 years EET had an annualized volatility of 31.0% and a Sharpe ratio of 1.04 (excess return over 1–3 month T-bills per unit of risk).