Latest evidence-based view
EFO ยท BUY
EFO (ProShares Ultra MSCI EAFE) multiplies daily moves, making the compounding path more important than a long-range forecast. One-month (+1.26%) and three-month (+4.57%) returns both align with BUY.
EFO currently supports a buy stance.
One-month (+1.26%) and three-month (+4.57%) returns both align with BUY.
The opposing case is clear: Choppy markets can erode value even when the broad direction is right. The 0.95% annual expense ratio is deducted throughout ownership. The stance remains tied to the observed price trend.
Use staged sizing and reassess when the one- and three-month trends no longer support this stance.