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
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 05/21/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
XPP -20.61% -13.23% 6.14% -30.74% 17.63% 4.06% --
XPP (NAV) -20.78% -12.96% 6.31% -30.70% 17.58% 4.05% --
FTSE China 50 Index-USD NET -10.17% -6.38% 3.85% -12.61% 12.53% 6.69% --
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%
$39.80M
0.24%

XPP Portfolio Data

1.53%
06/25/19

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
Cboe 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 05/22/19
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

14,378
$1.01M
10,289
$712.02K
0.24%
$0.18
0.00%
1.36% / -1.00%
None
0.00%
25,000
0.41
0.02%
--
462
$60.24
5