Skip to Content
ETFs

ProShares Ultra FTSE China 50 of PROSHARES TRUST

XPP
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Jun 2, 2009
Expense Ratio
0.95%
Type
Global Ex. US Equities
Fund Owner
ProShares
Volume (1m avg. daily)
$207,469
AUM
$11,510,249
Associated Index
FTSE China 50 Index
Inverse/Leveraged
Leveraged (2x)
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

—
Net Other Assets (Liabilities)
100%
—
Derivatives offset
-199.83%
Invest with XPP
Trade XPP Options

What is XPP?

ProShares Ultra FTSE / Xinhua China 50 seeks daily investment results before fees and expenses that correspond to twice (200%) the daily performance of the FTSE/Xinhua China 25 Index.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

XPP
Performance Measures**

for the time period Jun 4, 2009 to Dec 4, 2025

Returns

1M Trailing Return: -1.4%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 1.9%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -89.9%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 53.9%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.19

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: -0.04

The annualized return divided by the max drawdown for the selected time period.

ETFs related toXPP

ETFs correlated to XPP include YINN, FXI, MCHI

XPP
ProShares Trust - ProShares Ultra FTSE China 50 2x Shares
YINN
Direxion Shares ETF Trust - Direxion Daily FTSE China Bull 3X Shares
FXI
BlackRock Institutional Trust Company N.A. - iShares China Large-Cap ETF
MCHI
BlackRock Institutional Trust Company N.A. - iShares MSCI China ETF
GXC
SSgA Active Trust - SPDR S&P China ETF
CXSE
WisdomTree Trust - WisdomTree China ex-State-Owned Enterprises Fund
CWEB
Direxion Shares ETF Trust - Direxion Daily CSI China Internet Index Bull 2X Shares
KWEB
KraneShares Trust - KraneShares CSI China Internet ETF
CHIQ
Global X Funds - Global X MSCI China Consumer Discretionary ETF
EMQQ
Exchange Traded Concepts Trust - EMQQ The Emerging Markets Internet and Ecommerce ETF
AIA
BlackRock Institutional Trust Company N.A. - iShares Asia 50 ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toXPP

Simon | KMLM switcher | Simon Shorts Ed. + MbM | (single pops)| BT 4/13/22

Category

Trend-following, RSI momentum, volatility hedging, leveraged ETFs, inverse ETFs, managed futures (KMLM), bonds/cash, tech/semis/small-cap/biotech, risk-on/off

OOS Cumulative Return

94.76%

(A) PURE CASH PLUS (17/4.5MDD) 2024

Category

Tactical allocation, Cash-plus, Volatility hedging, Dip buying, Trend-following, Multi-asset, Leveraged ETFs, Risk-managed

OOS Cumulative Return

2.26%

Create your own algorithmic trading strategy with XPP using Composer

FAQ

XPP is a Global Ex. US Equities ETF. ProShares Ultra FTSE / Xinhua China 50 seeks daily investment results before fees and expenses that correspond to twice (200%) the daily performance of the FTSE/Xinhua China 25 Index.

XPP tracks the FTSE China 50 Index.

No, XPP is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, XPP is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on XPP is -0.0206%. This is the percent change in the value of XPP over the most recent 1-month period. The 3-month return on XPP is -0.0612%. This is the percent change in the value of XPP over the most recent 3-month period.

The standard deviation of XPP for the past year is 0.6785%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to XPP include FXP, YXI, and SSO.

ETFs correlated to XPP include YINN, FXI, and MCHI.

ETFs that are inversely correlated to XPP include YANG, EDZ, and EFZ.

Yes, XPP is a Leveraged (2x) ETF: This means that XPP will try to match the performance of FTSE China 50 Index, but with 2x the returns.

No, XPP is not an inverse ETF.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.