ProShares UltraShort FTSE China 50 (FXP) belongs to the China Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FXP. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FXP
FXP charges 0.95% annually. There are 33 ETFs in the China Equities category with lower expense ratios, going as low as 0.19%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin FTSE China ETF | 0.19% | 279.32M | Nov 2017 | FXP vs FLCH | |
| WisdomTree China ex-State-Owned Enterprises Fund | 0.32% | 495.28M | Sep 2012 | FXP vs CXSE | |
| Themes China Generative Artificial Intelligence ET... | 0.39% | — | Jul 2025 | FXP vs DRGN | |
| iShares MSCI China A UCITS ETF | 0.40% | — | Apr 2015 | FXP vs ISVBF | |
| Xtrackers MSCI All China Equity ETF | 0.50% | 5.96M | Apr 2014 | FXP vs CN |
Best Risk-Adjusted Alternatives to FXP
FXP has a PortfoliosLab risk / return rank of 15. There are 18 ETFs in the China Equities category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| KraneShares China Alpha Index ETF | 95 | 3.18M | Aug 2024 | FXP vs KCAI | |
| VanEck Vectors ChinaAMC SME-ChiNext ETF | 88 | 121.57M | Jul 2014 | FXP vs CNXT | |
| KraneShares SSE STAR Market 50 Index ETF | 87 | 385.27M | Jan 2021 | FXP vs KSTR | |
| Neuberger Berman China Equity ETF | 83 | 18.42M | Oct 2023 | FXP vs NBCE | |
| KraneShares Bosera MSCI China A Share ETF | 79 | 149.93M | Mar 2014 | FXP vs KBA |
Top Performing FXP Alternatives (YTD)
FXP is at 18.47% YTD. There are 5 ETFs in the China Equities category with higher YTD returns, going as high as 47.23%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| KraneShares SSE STAR Market 50 Index ETF | 47.23% | 385.27M | Jan 2021 | FXP vs KSTR | |
| Matthews China Discovery Active ETF | 39.63% | 22.41M | Jan 2024 | FXP vs MCHS | |
| Direxion Daily China 3x Bear Shares | 28.25% | 93.03M | Dec 2009 | FXP vs YANG | |
| VanEck Vectors ChinaAMC SME-ChiNext ETF | 24.01% | 121.57M | Jul 2014 | FXP vs CNXT | |
| Neuberger Berman China Equity ETF | 20.81% | 18.42M | Oct 2023 | FXP vs NBCE |
Lowest Volatility Alternatives to FXP
FXP has 40.34% 1-year volatility. There are 33 ETFs in the China Equities category with lower 1-year volatility, going as low as 13.95%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| KraneShares China Alpha Index ETF | 13.95% | 3.18M | Aug 2024 | FXP vs KCAI | |
| JPMorgan Active China ETF | 18.61% | 14.77M | Mar 2023 | FXP vs JCHI | |
| Xtrackers Harvest CSI 300 China A-Shares ETF | 19.10% | 1.35B | Nov 2013 | FXP vs ASHR | |
| SPDR S&P China ETF | 19.28% | 447.72M | Mar 2007 | FXP vs GXC | |
| iShares MSCI China A ETF | 19.55% | 232.89M | Jun 2016 | FXP vs CNYA |
Lowest Drawdown Alternatives to FXP
FXP has a 1-year max drawdown of -21.99%. There are 17 ETFs in the China Equities category with shallower 1-year drawdowns, going as shallow as -5.90%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| KraneShares China Alpha Index ETF | -5.90% | 3.18M | Aug 2024 | FXP vs KCAI | |
| KraneShares Bosera MSCI China A Share ETF | -7.65% | 149.93M | Mar 2014 | FXP vs KBA | |
| Xtrackers Harvest CSI 300 China A-Shares ETF | -7.69% | 1.35B | Nov 2013 | FXP vs ASHR | |
| iShares MSCI China A ETF | -7.77% | 232.89M | Jun 2016 | FXP vs CNYA | |
| ProShares Short FTSE China 50 | -11.39% | 4.73M | Mar 2010 | FXP vs YXI |
Other ETFs from ProShares
The 10 most viewed ProShares ETFs shown here include TQQQ, QLD, BITO and span 10 categories. AUM among these funds goes as high as $37B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities | 48 | 41.76% | 37.04B | Feb 2010 | FXP vs TQQQ | |
| ProShares Ultra QQQ | Leveraged Equities | 50 | 30.22% | 14.15B | Jun 2006 | FXP vs QLD | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 2 | -27.10% | 1.45B | Oct 2021 | FXP vs BITO | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 56 | 26.57% | 5.47B | Jun 2009 | FXP vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 58 | 19.03% | 8.13B | Jun 2006 | FXP vs SSO | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 69 | 76.24% | 2.97B | Jan 2007 | FXP vs USD | |
| ProShares S&P 500 Dividend Aristocrats ETF | Dividend, S&P 500, Large Cap Value Equities | 36 | 8.71% | 11.63B | Oct 2013 | FXP vs NOBL | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Inverse Equities, Nasdaq-100 | 1 | -41.78% | 2.09B | Feb 2010 | FXP vs SQQQ | |
| ProShares Nasdaq-100 High Income ETF | Nasdaq-100, Derivative Income, Dividend | 54 | 14.52% | 410.75M | Mar 2024 | FXP vs IQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Volatility | 1 | -36.79% | 216.19M | Oct 2011 | FXP vs UVXY |
Often Compared With FXP
Investors most often compare FXP with FXI, KLIP, FNILX. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare FXP with Any Fund or Stock
Compare FXP with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FXP with funds that move differently
ProShares UltraShort FTSE China 50 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FXP.
Explore FXP Diversifiers