XPP

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

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. That means its high fees, though standard for this space, are less of a concern than liquidity.

XPP CHARTS AND PERFORMANCE

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
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Select ETFs to compare their performance:
PERFORMANCE [as of 02/20/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
XPP 9.94% 17.83% 22.81% -21.80% 25.86% 7.36% --
XPP (NAV) 9.98% 17.92% 22.74% -21.92% 25.92% 7.33% --
FTSE China 50 Index-USD NET 5.88% 8.13% 10.13% -7.02% 16.03% 8.28% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

XPP Summary Data

ProShares
06/04/09
Open-Ended Fund
0.95%
$27.54M
0.70%

XPP Portfolio Data

1.20%
03/20/19

XPP Index Data

Market Cap
Hong Kong-listed
N/A

XPP Fund Structure

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

XPP 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

XPP Factset Analytics Block Liquidity

As of 02/21/19
5
4
3
2
1

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

XPP Tradability

6,581
$409.40K
5,504
$348.71K
0.70%
$0.42
-0.02%
1.36% / -1.12%
None
0.00%
25,000
0.22
0.01%
--
280
$69.63
5