CGRO vs. YXI

Last updated Apr 2, 2026

Compare and contrast key facts about CoreValues Alpha Greater China Growth ETF (CGRO) and ProShares Short FTSE China 50 (YXI).

CGRO and YXI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CGRO is an actively managed fund by CoreValues Alpha. It was launched on Oct 2, 2023. YXI is a passively managed fund by ProShares that tracks the performance of the FTSE China 50 Net Tax USD (TR) (-100%). It was launched on Mar 16, 2010.

Performance

CGRO vs. YXI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CoreValues Alpha Greater China Growth ETF (CGRO) and ProShares Short FTSE China 50 (YXI). The values are adjusted to include any dividend payments, if applicable.

CGRO vs. YXI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CGRO CoreValues Alpha Greater China Growth ETF	-11.71%	20.23%	14.75%	2.03%
YXI ProShares Short FTSE China 50	7.67%	-22.87%	-25.36%	7.24%

Returns By Period

In the year-to-date period, CGRO achieves a -11.71% return, which is significantly lower than YXI's 7.67% return.

CGRO

• 1D: 0.58%
• 1M: -3.12%
• YTD: -11.71%
• 6M: -23.59%
• 1Y: -8.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

YXI

• 1D: 1.14%
• 1M: 3.75%
• YTD: 7.67%
• 6M: 15.61%
• 1Y: -2.11%
• 3Y*: -9.66%
• 5Y*: -2.70%
• 10Y*: -8.46%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CGRO vs. YXI - Expense Ratio Comparison

CGRO has a 0.75% expense ratio, which is lower than YXI's 0.95% expense ratio.

YXI

ProShares Short FTSE China 50

CGRO

CoreValues Alpha Greater China Growth ETF

Return for Risk

CGRO vs. YXI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CGRO

CGRO Risk / Return Rank: 6
CGRO Sharpe Ratio Rank: 6
CGRO Sortino Ratio Rank: 6
CGRO Omega Ratio Rank: 6
CGRO Calmar Ratio Rank: 6
CGRO Martin Ratio Rank: 5

YXI

YXI Risk / Return Rank: 10
YXI Sharpe Ratio Rank: 10
YXI Sortino Ratio Rank: 10
YXI Omega Ratio Rank: 10
YXI Calmar Ratio Rank: 11
YXI Martin Ratio Rank: 11

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CGRO vs. YXI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CoreValues Alpha Greater China Growth ETF (CGRO) and ProShares Short FTSE China 50 (YXI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	CGRO	YXI	Difference
Sharpe ratio Return per unit of total volatility	-0.33	-0.09	-0.24
Sortino ratio Return per unit of downside risk	-0.28	0.04	-0.32
Omega ratio Gain probability vs. loss probability	0.96	1.01	-0.04
Calmar ratio Return relative to maximum drawdown	-0.38	-0.06	-0.32
Martin ratio Return relative to average drawdown	-0.90	-0.08	-0.83
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CGRO vs. YXI - Sharpe Ratio Comparison

The current CGRO Sharpe Ratio is -0.33, which is lower than the YXI Sharpe Ratio of -0.09. The chart below compares the historical Sharpe Ratios of CGRO and YXI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CGRO	YXI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.33	-0.09	-0.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.09	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.31	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	-0.31	+0.62

Correlation

The correlation between CGRO and YXI is -0.87. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

CGRO vs. YXI - Dividend Comparison

CGRO's dividend yield for the trailing twelve months is around 3.17%, more than YXI's 2.85% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
CGRO CoreValues Alpha Greater China Growth ETF	3.17%	2.48%	2.47%	0.21%	0.00%	0.00%	0.00%	0.00%	0.00%
YXI ProShares Short FTSE China 50	2.85%	3.60%	4.35%	2.66%	0.27%	0.00%	0.08%	1.01%	0.25%

Drawdowns

CGRO vs. YXI - Drawdown Comparison

The maximum CGRO drawdown since its inception was -27.01%, smaller than the maximum YXI drawdown of -81.15%. Use the drawdown chart below to compare losses from any high point for CGRO and YXI.

Drawdown Indicators

	CGRO	YXI	Difference
Max Drawdown Largest peak-to-trough decline	-27.01%	-81.15%	+54.14%
Max Drawdown (1Y) Largest decline over 1 year	-27.01%	-29.83%	+2.82%
Max Drawdown (5Y) Largest decline over 5 years	—	-57.65%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-66.81%	—
Current Drawdown Current decline from peak	-24.54%	-78.02%	+53.48%
Average Drawdown Average peak-to-trough decline	-9.30%	-54.05%	+44.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.31%	22.96%	-11.65%

Volatility

CGRO vs. YXI - Volatility Comparison

CoreValues Alpha Greater China Growth ETF (CGRO) and ProShares Short FTSE China 50 (YXI) have volatilities of 7.39% and 7.48%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CGRO	YXI	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.39%	7.48%	-0.09%
Volatility (6M) Calculated over the trailing 6-month period	15.98%	14.80%	+1.18%
Volatility (1Y) Calculated over the trailing 1-year period	26.79%	23.78%	+3.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.35%	31.35%	-2.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.35%	27.46%	+1.89%