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.

PERFORMANCE [as of 05/13/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
XPP -15.75% -43.00% -40.08% -58.57% -23.16% -14.09% -5.04%
XPP (NAV) -20.23% -47.51% -44.96% -63.85% -26.93% -15.15% -5.82%
FTSE China 50 Index -- -23.36% -19.99% -31.74% -- -2.53% 1.79%
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%
$8.33M
0.45%

XPP Portfolio Data

0.21%
N/A

XPP Index Data

FTSE China 50 Index
Market Cap
Hong Kong-listed
N/A

XPP Fund Structure

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

XPP Tax Exposures

20.00% / 39.60%
--
No

XPP Factset Analytics Block Liquidity

As of 05/17/22
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 N/A out of 5.

XPP Tradability

10,602
$301.67K
7,729
$218.89K
0.45%
$0.13
0.00%
1.75% / -0.47%
None
0.00%
25,000
0.31
0.02%
--
109
$23.79
N/A