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FXPProShares UltraShort FTSE China 50

Take a bet18y track recordRanked #471 of 775 in this goal

Seeks daily investment results of -200% of the daily performance of the FTSE China 50 Index.

By ProShares · Launched 2007

Annual Cost

0.95%

#4,695 of 5,573 · expensive

Fund Size

$6M

#4,961 of 5,573 · small

Return (1Y)Goal

+10.5%

Track Record

18 years

#541 of 5,573 · established

Performance

Total-return NAV · USD
Growth of $10,000
$10,784+7.8%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Strategy

Inverse

Index tracked

FTSE China 50 Index

What it actually holds

By weight

Concentration

Top 10 holdings = 75.7% of fundconcentrated

Repurchase Agreement
21.2%
Repurchase Agreement
14.8%
Repurchase Agreement
12.8%
Repurchase Agreement
5.1%
Repurchase Agreement
5.1%
N/A
5.1%
Repurchase Agreement
3.9%
Repurchase Agreement
3.9%
Repurchase Agreement
2.5%
Repurchase Agreement
1.3%

Asset allocation

Cash
92.2%
Stocks
7.8%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
39.6%High

Year-on-year price swings

Max drawdown
-94.7%Severe

Worst peak-to-trough loss

Sharpe (3Y)
-0.32Below average
Sortino (3Y)
-0.44Moderate downside risk

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results of -200% of the daily performance of the FTSE China 50 Index.
Strategy
Invests primarily in financial instruments to achieve inverse leveraged exposure to the FTSE China 50 Index. The Fund uses derivatives and rebalances daily to maintain its target exposure, focusing on the 50 largest companies listed on the Hong Kong Stock Exchange.
Inception date
November 6, 2007
Fund family
ProShares

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Inverse
Warning

Inverse ETF — daily tool only

Delivers the inverse of the benchmark's daily return. The compounding path makes multi-day holding unpredictable even when the benchmark's total move goes your way. Legitimate as a one-day hedge; dangerous as a view.

Source: Cheng & Madhavan (2009)

Why we flagged this: strategy=inverse + inverse_name_or_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-20