When it comes to funds focused on Europe, 2018 was a good year for the bears. This year is starting off better for the bulls. Funds that bet against, or “short,” European stocks and the euro performed well in 2018. For example, the $16.6 million ProShares UltraShort FTSE Europe ETF (EPV) posted returns of more than 30% in 2018, while the $140.5 million ProShares UltraShort Euro (EUO) returned more than 14%.

Source: Wall Street Journal February 04, 2019 03:03 UTC