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 MSCI ESG Analytics Insight

ProShares UltraShort FTSE China 50 has an MSCI ESG Fund Rating of A based on a score of 6.70 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. ProShares UltraShort FTSE China 50 ranks in the 83th percentile within its peer group and in the 75th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

FXP Charts And Performance

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
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PERFORMANCE [as of 10/10/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FXP 2.09% 7.59% -12.40% -11.95% -17.09% -20.62% -20.93%
FXP (NAV) -0.47% 5.42% -14.56% -18.33% -16.97% -21.56% -21.80%
FTSE China 50 Index-USD NET -0.59% -3.98% 3.84% 2.43% -- 4.40% -21.80%
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%
$36.80M
0.03%

FXP Portfolio Data

1.01%
12/24/19

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%
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No
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

FXP Factset Analytics Block Liquidity

As of 10/11/19
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 N/A out of 5.

FXP Tradability

98,652
$6.94M
76,257
$5.36M
0.03%
$0.02
-0.01%
0.58% / -0.45%
None
0.00%
50,000
1.53
0.01%
--
358
$65.04
N/A

FXP MSCI ESG Ratings

A
6.70 / 10
75.47
82.65
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