EUM vs XCNY

Comparison between ProShares Short MSCI Emerging Markets -1x Shares (EUM, ETF) and SPDR S&P EMERGING MARKETS EX-CHINA ETF (XCNY, ETF).

EUM vs XCNY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EUM(ETF)	XCNY(ETF)
Net Assets	$9.80M	$9.90M
Expense Ratio	0.95%	0.19%
Max Drawdown	94.65%	20.55%
Sharpe Ratio	-1.29	1.21
5Y Beta	-0.88	0.84

Net Assets

EUM

$9.80M

Winner

XCNY

$9.90M

Expense Ratio

EUM

0.95%

Winner

XCNY

0.19%

Max Drawdown

EUM

94.65%

Winner

XCNY

20.55%

Sharpe Ratio

EUM

-1.29

Winner

XCNY

1.21

5Y Beta

Winner

EUM

-0.88

XCNY

0.84

EUM vs XCNY - Historical Returns

Returns include dividend reinvestment.

Period	EUM	XCNY
1 month	+8.36%	-4.94%
3 months	-6.46%	+5.37%
6 months	-12.99%	+12.59%
1 year	-25.62%	+27.44%
5 years(CAGR)	-5.16%	N/A
10 years(CAGR)	-9.32%	N/A
Max(CAGR)	-9.73%	+18.00%

Winner

EUM

+8.36%

XCNY

-4.94%

EUM

-6.46%

Winner

XCNY

+5.37%

EUM

-12.99%

Winner

XCNY

+12.59%

EUM

-25.62%

Winner

XCNY

+27.44%

5Y(CAGR)

EUM

-5.16%

XCNY

N/A

10Y(CAGR)

EUM

-9.32%

XCNY

N/A

Max(CAGR)

EUM

-9.73%

Winner

XCNY

+18.00%

EUM vs XCNY - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	EUM	XCNY
2026	-16.06%	+15.56%
2025	-22.74%	+19.86%
2024	-2.27%	-3.51%
2023	-3.09%	N/A
2022	+21.77%	N/A
2021	-0.55%	N/A
2020	-22.79%	N/A
2019	-15.10%	N/A
2018	+16.96%	N/A
2017	-27.18%	N/A
2016	-17.49%	N/A
2015	+10.67%	N/A
2014	-3.48%	N/A
2013	+0.65%	N/A
2012	-17.65%	N/A
2011	+9.98%	N/A
2010	-18.52%	N/A
2009	-48.04%	N/A
2008	+17.33%	N/A
2007	+1.93%	N/A

EUM vs XCNY Drawdown Comparison

The maximum drawdown for EUM was -93.20%, occurring on Jun 22, 2026. This drawdown has not yet recovered.

The maximum drawdown for XCNY was -19.70%, occurring on Apr 8, 2025. Recovery took 187 trading sessions.

The current EUM drawdown is -92.63%. The current XCNY drawdown is -4.94%.

Rank	EUM	XCNY
#1	-93.20% Oct 27, 2008 - Jun 22, 2026	-19.70% Sep 26, 2024 - Jun 27, 2025
#2	-23.60% Oct 9, 2008 - Oct 24, 2008	-11.86% Feb 25, 2026 - Apr 17, 2026
#3	-19.42% Sep 17, 2008 - Oct 6, 2008	-7.12% Jun 22, 2026 - Jul 20, 2026
#4	-18.94% Mar 19, 2008 - Aug 11, 2008	-6.02% Jun 2, 2026 - Jun 18, 2026
#5	-12.64% Nov 26, 2007 - Jan 16, 2008	-5.42% May 6, 2026 - May 26, 2026
#6	-11.47% Feb 6, 2008 - Mar 17, 2008	-3.95% Oct 28, 2025 - Dec 23, 2025
#7	-7.07% Nov 12, 2007 - Nov 21, 2007	-3.03% Oct 8, 2025 - Oct 15, 2025
#8	-6.92% Jan 22, 2008 - Feb 6, 2008	-2.83% Jul 23, 2025 - Aug 18, 2025
#9	-5.50% Mar 17, 2008 - Mar 19, 2008	-2.52% Jan 28, 2026 - Feb 9, 2026
#10	-3.49% Sep 9, 2008 - Sep 15, 2008	-2.22% Aug 18, 2025 - Sep 8, 2025
#11	-3.23% Aug 19, 2008 - Sep 2, 2008	-1.99% Apr 17, 2026 - Apr 24, 2026
#12	-3.02% Nov 5, 2007 - Nov 7, 2007	-1.93% Jul 3, 2025 - Jul 23, 2025
#13	-2.56% Sep 4, 2008 - Sep 9, 2008	-1.83% Feb 11, 2026 - Feb 20, 2026
#14	-2.32% Jan 17, 2008 - Jan 22, 2008	-1.79% Sep 23, 2025 - Oct 6, 2025
#15	-2.10% Nov 21, 2007 - Nov 26, 2007	-1.56% Sep 5, 2024 - Sep 12, 2024

Correlation

Correlation between EUM and XCNY is -0.99 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.99

-101