EWV vs FSEG

Comparison between ProShares UltraShort MSCI Japan -2x Shares (EWV, ETF) and FIDELITY ENHANCED SMALL CAP GROWTH ETF (FSEG, ETF).

EWV vs FSEG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EWV(ETF)	FSEG(ETF)
Net Assets	$5.70M	$5.70M
Expense Ratio	N/A	0.28%
Max Drawdown	99.39%	5.19%
Sharpe Ratio	-1.35	1.80
5Y Beta	-1.78	1.32
P/E Ratio	N/A	-29.26
Forward P/E	N/A	19.15
Debt to Equity	N/A	241.22%
P/S Ratio	N/A	1.70
P/B Ratio	N/A	5.05

Net Assets

EWV

$5.70M

FSEG

$5.70M

Expense Ratio

EWV

N/A

FSEG

0.28%

Max Drawdown

EWV

99.39%

Winner

FSEG

5.19%

Sharpe Ratio

EWV

-1.35

Winner

FSEG

1.80

5Y Beta

Winner

EWV

-1.78

FSEG

1.32

P/E Ratio

EWV

N/A

FSEG

-29.26

Forward P/E

EWV

N/A

FSEG

19.15

Debt to Equity

EWV

N/A

FSEG

241.22%

P/S Ratio

EWV

N/A

FSEG

1.70

P/B Ratio

EWV

N/A

FSEG

5.05

EWV vs FSEG - Historical Returns

Returns include dividend reinvestment.

Period	EWV	FSEG
1 month	+8.65%	-1.52%
3 months	-12.25%	+9.20%
6 months	-20.72%	N/A
1 year	-45.66%	N/A
5 years(CAGR)	-18.19%	N/A
10 years(CAGR)	-19.82%	N/A
Max(CAGR)	-18.88%	+48.03%

Winner

EWV

+8.65%

FSEG

-1.52%

EWV

-12.25%

Winner

FSEG

+9.20%

EWV

-20.72%

FSEG

N/A

EWV

-45.66%

FSEG

N/A

5Y(CAGR)

EWV

-18.19%

FSEG

N/A

10Y(CAGR)

EWV

-19.82%

FSEG

N/A

Max(CAGR)

EWV

-18.88%

Winner

FSEG

+48.03%

EWV vs FSEG - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	EWV	FSEG
2026	-27.18%	+9.20%
2025	-37.87%	N/A
2024	-12.61%	N/A
2023	-27.53%	N/A
2022	+34.61%	N/A
2021	-12.40%	N/A
2020	-37.34%	N/A
2019	-29.62%	N/A
2018	+31.74%	N/A
2017	-35.23%	N/A
2016	-17.53%	N/A
2015	-24.88%	N/A
2014	+0.12%	N/A
2013	-42.70%	N/A
2012	-20.72%	N/A
2011	+13.19%	N/A
2010	-27.40%	N/A
2009	-26.12%	N/A
2008	+2.50%	N/A
2007	+3.32%	N/A

EWV vs FSEG Drawdown Comparison

The maximum drawdown for EWV was -99.21%, occurring on Jun 22, 2026. This drawdown has not yet recovered.

The maximum drawdown for FSEG was -5.19%, occurring on Jul 20, 2026. This drawdown has not yet recovered.

The current EWV drawdown is -99.14%. The current FSEG drawdown is -3.57%.

Rank	EWV	FSEG
#1	-99.21% Oct 10, 2008 - Jun 22, 2026	-5.19% Jun 30, 2026 - Jul 20, 2026
#2	-27.54% Mar 17, 2008 - Aug 4, 2008	-4.64% May 6, 2026 - May 22, 2026
#3	-18.81% Sep 17, 2008 - Oct 3, 2008	-4.18% May 28, 2026 - Jun 15, 2026
#4	-14.94% Nov 19, 2007 - Dec 17, 2007	-1.33% Jun 22, 2026 - Jun 29, 2026
#5	-14.06% Feb 8, 2008 - Mar 17, 2008	-1.10% Jun 15, 2026 - Jun 18, 2026
#6	-12.11% Jan 22, 2008 - Feb 8, 2008	-0.23% May 1, 2026 - May 5, 2026
#7	-5.89% Dec 17, 2007 - Jan 4, 2008	N/A
#8	-5.39% Aug 25, 2008 - Sep 4, 2008	N/A
#9	-5.36% Jan 17, 2008 - Jan 22, 2008	N/A
#10	-4.83% Aug 4, 2008 - Aug 7, 2008	N/A
#11	-4.43% Jan 8, 2008 - Jan 11, 2008	N/A
#12	-4.21% Sep 4, 2008 - Sep 9, 2008	N/A
#13	-3.90% Nov 12, 2007 - Nov 19, 2007	N/A
#14	-3.31% Aug 7, 2008 - Aug 13, 2008	N/A
#15	-2.61% Jan 11, 2008 - Jan 15, 2008	N/A

Correlation

Correlation between EWV and FSEG is -0.95 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.95

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