FXP

ProShares UltraShort FTSE China 50
*Unless otherwise stated, data provided by FactSet.

FXP Fund Description

FXP provides -2x exposure to a free-float-weighted index comprising 50 of the largest and most liquid Chinese stocks listed on the Hong Kong Stock Exchange.

FXP Factset Analytics Insight

FXP provides daily (-2x) inverse leveraged exposure to the popular FTSE China 50 Index—the same index used by one of the most popular China ETFs, iShares' FXI. FXP's underlying index is heavily exposed to financials, energy and telecom companies, making the fund somewhat of a bet against these sectors that are dominated by state-owned enterprises, and somewhat less against a bet against the Chinese market overall. FXP rebalances its exposure on a daily basis, so the fund is meant for short-term trading—over longer holding periods compounding effects could significantly impact the fund's targeted returns. FXP's liquidity is decent but a bit shallow, making limit orders advisable. The fund charges a reasonable fee for a leveraged ETP, though given its single-day mission, most investors will be more concerned with trading costs as it is not meant to be held for long periods.

FXP CHARTS AND PERFORMANCE

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 12/17/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FXP 3.91% -2.13% 6.90% 0.72% -24.68% -22.10% -30.16%
FXP (NAV) -3.92% -4.05% 4.01% -0.86% -26.47% -22.14% -34.30%
FTSE China 50 Index-USD NET 0.04% -0.04% -9.44% -6.17% 8.02% 4.86% -34.30%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FXP Summary Data

ProShares
11/08/07
Open-Ended Fund
0.95%
$32.15M
0.10%

FXP Portfolio Data

0.00%
12/26/18

FXP Index Data

Market Cap
Hong Kong-listed
N/A

FXP Fund Structure

Yes
No
No Policy
N/A
N/A
High
-2
Daily

FXP Tax Exposures

20.00% / 39.60%
--
No
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

FXP Factset Analytics Block Liquidity

As of 12/18/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FXP. FXP is rated a 5 out of 5.

FXP Tradability

123,349
$9.32M
112,153
$8.55M
0.10%
$0.07
0.00%
0.39% / -0.45%
None
0.00%
50,000
2.24
0.01%
--
949
$71.14
5