ProShares UltraShort FTSE China 50 (FXP)
FXP is a passive ETF by ProShares tracking the investment results of the FTSE China 50 Net Tax USD (TR) (-200%). FXP launched on Nov 8, 2007 and has a 0.95% expense ratio.
ETF Info
| ISIN | US74348A3501 |
|---|---|
| CUSIP | 74347B227 |
| Issuer | ProShares |
| Inception Date | Nov 8, 2007 |
| Region | Emerging Asia Pacific (China) |
| Category | Leveraged Equities, Leveraged, China Equities |
| Leveraged | 2x |
| Index Tracked | FTSE China 50 Net Tax USD (TR) (-200%) |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
FXP has a high expense ratio of 0.95%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: FXP vs. KLIP, FXP vs. YXI, FXP vs. FNILX, FXP vs. YANG
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in ProShares UltraShort FTSE China 50, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
ProShares UltraShort FTSE China 50 had a return of -49.08% year-to-date (YTD) and -41.64% in the last 12 months. Over the past 10 years, ProShares UltraShort FTSE China 50 had an annualized return of -19.93%, while the S&P 500 had an annualized return of 11.39%, indicating that ProShares UltraShort FTSE China 50 did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -49.08% | 25.48% |
| 1 month | 12.93% | 2.14% |
| 6 months | -25.21% | 12.76% |
| 1 year | -41.64% | 33.14% |
| 5 years (annualized) | -20.34% | 13.96% |
| 10 years (annualized) | -19.93% | 11.39% |
Monthly Returns
The table below presents the monthly returns of FXP, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 19.48% | -15.21% | -5.69% | -11.43% | -9.81% | 4.54% | 2.05% | -5.72% | -34.21% | -4.87% | -49.08% | ||
| 2023 | -22.96% | 27.91% | -12.13% | 8.36% | 17.32% | -11.17% | -21.43% | 21.56% | 6.57% | 7.04% | 2.21% | 3.55% | 12.74% |
| 2022 | -9.65% | 16.55% | -5.25% | 3.26% | -9.84% | -15.51% | 22.59% | -0.37% | 33.97% | 43.71% | -48.14% | -7.77% | -11.73% |
| 2021 | -13.53% | -0.66% | 7.21% | 0.93% | -0.89% | -2.23% | 25.55% | -3.55% | 8.34% | -8.56% | 9.30% | 4.62% | 23.56% |
| 2020 | 18.39% | -5.76% | 3.60% | -8.02% | -4.38% | -6.38% | -12.41% | -12.35% | 8.35% | -10.26% | -13.63% | -1.36% | -39.47% |
| 2019 | -18.75% | -2.72% | -3.45% | -1.27% | 20.29% | -13.00% | 8.21% | 9.11% | -3.71% | -6.71% | 0.41% | -15.45% | -29.01% |
| 2018 | -24.18% | 19.94% | -1.74% | 0.72% | 0.24% | 14.24% | -4.30% | 4.36% | -2.67% | 16.30% | -14.29% | 12.60% | 12.45% |
| 2017 | -10.81% | -7.97% | -2.25% | -0.51% | -8.39% | 0.68% | -13.29% | -8.10% | 0.25% | -8.84% | -2.14% | -4.26% | -49.76% |
| 2016 | 23.68% | 3.78% | -21.01% | -0.35% | -1.65% | -7.42% | -7.52% | -9.14% | -6.84% | 5.91% | -4.80% | 11.78% | -18.84% |
| 2015 | 0.40% | -11.80% | -4.46% | -27.34% | 8.52% | 9.05% | 22.99% | 22.13% | -1.43% | -16.01% | 3.43% | 6.04% | -0.78% |
| 2014 | 20.84% | -6.27% | -3.48% | 3.95% | -10.57% | -4.43% | -16.94% | -0.73% | 10.48% | -9.47% | -4.70% | -9.41% | -30.84% |
| 2013 | -5.63% | 11.57% | 10.21% | -6.08% | 8.77% | 13.53% | -11.88% | -6.52% | -11.34% | -3.47% | -14.21% | 6.78% | -13.08% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FXP is 2, indicating that it is in the bottom 2% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for ProShares UltraShort FTSE China 50 (FXP) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
ProShares UltraShort FTSE China 50 provided a 4.72% dividend yield over the last twelve months, with an annual payout of $0.92 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.92 | $0.86 | $0.02 | $0.00 | $0.02 | $0.65 | $0.12 |
Dividend yield | 4.72% | 2.20% | 0.06% | 0.00% | 0.06% | 1.20% | 0.16% |
Monthly Dividends
The table displays the monthly dividend distributions for ProShares UltraShort FTSE China 50. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.60 | |
| 2023 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.32 | $0.86 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.02 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 |
| 2019 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.11 | $0.65 |
| 2018 | $0.12 | $0.12 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the ProShares UltraShort FTSE China 50. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the ProShares UltraShort FTSE China 50 was 99.90%, occurring on Oct 7, 2024. The portfolio has not yet recovered.
The current ProShares UltraShort FTSE China 50 drawdown is 99.86%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -99.9% | Oct 28, 2008 | 4012 | Oct 7, 2024 | — | — | — |
| -48.24% | Mar 20, 2008 | 33 | May 6, 2008 | 91 | Sep 15, 2008 | 124 |
| -45.03% | Oct 10, 2008 | 2 | Oct 13, 2008 | 10 | Oct 27, 2008 | 12 |
| -42.71% | Sep 18, 2008 | 2 | Sep 19, 2008 | 14 | Oct 9, 2008 | 16 |
| -33.23% | Nov 13, 2007 | 17 | Dec 6, 2007 | 28 | Jan 17, 2008 | 45 |
Volatility
Volatility Chart
The current ProShares UltraShort FTSE China 50 volatility is 22.72%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.