XPPProShares Ultra FTSE China 50
XPP Fund Description
XPP provides daily 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.
XPP Factset Analytics Insight
XPP is a leveraged play on Chinese large-caps, aiming for 2x the daily returns of the popular FTSE China 50 Index, which is also tracked by the huge iShares China Large-Cap ETF (FXI). The index targets the largest Chinese companies traded in Hong Kong, meaning XPP is mostly a bet on China's state-owned enterprises. Exposure to financials is particularly massive here. Since the fund rebalances its leverage on a daily basis, actual returns can significantly deviate from expected returns over the long term due to compounding effects, so XPP is meant as a short-term trading vehicle.
XPP Charts And Performance
XPP Portfolio Data
XPP Index Data
XPP Fund Structure
XPP Tax Exposures
XPP Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of XPP. XPP is rated a N/A out of 5.