ProShares Ultra FTSE China 50 (XPP) 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 XPP. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to XPP
XPP 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 | XPP vs FLCH | |
| WisdomTree China ex-State-Owned Enterprises Fund | 0.32% | 495.28M | Sep 2012 | XPP vs CXSE | |
| Themes China Generative Artificial Intelligence ET... | 0.39% | — | Jul 2025 | XPP vs DRGN | |
| iShares MSCI China A UCITS ETF | 0.40% | — | Apr 2015 | XPP vs ISVBF | |
| Xtrackers MSCI All China Equity ETF | 0.50% | 5.96M | Apr 2014 | XPP vs CN |
Best Risk-Adjusted Alternatives to XPP
XPP has a PortfoliosLab risk / return rank of 5. There are 26 ETFs in the China Equities category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| KraneShares China Alpha Index ETF | 94 | 3.18M | Aug 2024 | XPP vs KCAI | |
| KraneShares SSE STAR Market 50 Index ETF | 90 | 385.27M | Jan 2021 | XPP vs KSTR | |
| VanEck Vectors ChinaAMC SME-ChiNext ETF | 88 | 121.57M | Jul 2014 | XPP vs CNXT | |
| Neuberger Berman China Equity ETF | 83 | 18.42M | Oct 2023 | XPP vs NBCE | |
| Matthews China Discovery Active ETF | 81 | 22.41M | Jan 2024 | XPP vs MCHS |
Top Performing XPP Alternatives (YTD)
XPP is at -26.96% YTD. There are 35 ETFs in the China Equities category with higher YTD returns, going as high as 52.98%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| KraneShares SSE STAR Market 50 Index ETF | 52.98% | 385.27M | Jan 2021 | XPP vs KSTR | |
| Matthews China Discovery Active ETF | 38.84% | 22.41M | Jan 2024 | XPP vs MCHS | |
| Direxion Daily China 3x Bear Shares | 38.12% | 93.03M | Dec 2009 | XPP vs YANG | |
| ProShares UltraShort FTSE China 50 | 26.04% | 6.74M | Nov 2007 | XPP vs FXP | |
| VanEck Vectors ChinaAMC SME-ChiNext ETF | 20.68% | 121.57M | Jul 2014 | XPP vs CNXT |
Lowest Volatility Alternatives to XPP
XPP has 39.94% 1-year volatility. There are 32 ETFs in the China Equities category with lower 1-year volatility, going as low as 13.81%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| KraneShares China Alpha Index ETF | 13.81% | 3.18M | Aug 2024 | XPP vs KCAI | |
| JPMorgan Active China ETF | 18.50% | 14.77M | Mar 2023 | XPP vs JCHI | |
| Xtrackers Harvest CSI 300 China A-Shares ETF | 18.94% | 1.35B | Nov 2013 | XPP vs ASHR | |
| SPDR S&P China ETF | 19.24% | 447.72M | Mar 2007 | XPP vs GXC | |
| iShares MSCI China A ETF | 19.41% | 232.89M | Jun 2016 | XPP vs CNYA |
Lowest Drawdown Alternatives to XPP
XPP has a 1-year max drawdown of -44.78%. There are 32 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 | XPP vs KCAI | |
| KraneShares Bosera MSCI China A Share ETF | -7.65% | 149.93M | Mar 2014 | XPP vs KBA | |
| Xtrackers Harvest CSI 300 China A-Shares ETF | -7.69% | 1.35B | Nov 2013 | XPP vs ASHR | |
| iShares MSCI China A ETF | -7.77% | 232.89M | Jun 2016 | XPP vs CNYA | |
| ProShares Short FTSE China 50 | -11.39% | 4.73M | Mar 2010 | XPP 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 | 38.33% | 37.04B | Feb 2010 | XPP vs TQQQ | |
| ProShares Ultra QQQ | Leveraged Equities | 50 | 28.12% | 14.15B | Jun 2006 | XPP vs QLD | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 1 | -30.09% | 1.45B | Oct 2021 | XPP vs BITO | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 52 | 23.85% | 5.47B | Jun 2009 | XPP vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 54 | 17.32% | 8.13B | Jun 2006 | XPP vs SSO | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 70 | 70.32% | 2.97B | Jan 2007 | XPP vs USD | |
| ProShares S&P 500 Dividend Aristocrats ETF | Dividend, S&P 500, Large Cap Value Equities | 37 | 10.60% | 11.63B | Oct 2013 | XPP vs NOBL | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Inverse Equities, Nasdaq-100 | 1 | -40.27% | 2.09B | Feb 2010 | XPP vs SQQQ | |
| ProShares Nasdaq-100 High Income ETF | Nasdaq-100, Derivative Income, Dividend | 54 | 13.67% | 410.75M | Mar 2024 | XPP vs IQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Volatility | 2 | -32.31% | 216.19M | Oct 2011 | XPP vs UVXY |
Often Compared With XPP
Investors most often compare XPP with YINN, KLIP, EET. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare XPP with Any Fund or Stock
Compare XPP with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair XPP with funds that move differently
ProShares Ultra FTSE China 50 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to XPP.
Explore XPP Diversifiers