CRCD vs. YXI

Last updated Jul 9, 2026

CRCD (T-REX 2X Inverse CRCL Daily Target ETF) and YXI (ProShares Short FTSE China 50) are both exchange-traded funds - CRCD is a Inverse Equities fund actively managed by T-Rex, while YXI is a China Equities fund tracking the FTSE China 50 Net Tax USD (TR) (-100%). CRCD is actively managed, while YXI is passively managed. At a 0.31 correlation, their price movements are largely independent. CRCD charges 1.50%/yr vs 0.95%/yr for YXI.

Performance

CRCD vs. YXI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-REX 2X Inverse CRCL Daily Target ETF (CRCD) and ProShares Short FTSE China 50 (YXI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CRCD achieves a -81.17% return, which is significantly lower than YXI's 14.18% return.

CRCD

• 1D: 3.19%
• 1M: 35.50%
• 6M: -80.07%
• YTD: -81.17%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

YXI

• 1D: -3.54%
• 1M: 2.02%
• 6M: 17.24%
• YTD: 14.18%
• 1Y: 9.51%
• 3Y*: -10.13%
• 5Y*: -2.54%
• 10Y*: -7.48%

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

CRCD vs. YXI - Yearly Performance Comparison

	2026 (YTD)	2025
CRCD T-REX 2X Inverse CRCL Daily Target ETF	-81.17%	38.83%
YXI ProShares Short FTSE China 50	14.18%	5.50%

Correlation

The correlation between CRCD and YXI is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 26, 2025	0.31

Return for Risk

CRCD vs. YXI — Risk / Return Rank

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

CRCD

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

YXI

YXI Risk / Return Rank: 18
YXI Sharpe Ratio Rank: 17
YXI Sortino Ratio Rank: 17
YXI Omega Ratio Rank: 16
YXI Calmar Ratio Rank: 20
YXI Martin Ratio Rank: 18

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.

CRCD vs. YXI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Inverse CRCL Daily Target ETF (CRCD) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CRCD	YXI	Difference
Sharpe ratio: Return per unit of total volatility	—	0.46	—
Sortino ratio: Return per unit of downside risk	—	0.79	—
Omega ratio: Gain probability vs. loss probability	—	1.10	—
Calmar ratio: Return relative to maximum drawdown	—	0.79	—
Martin ratio: Return relative to average drawdown	—	1.56	—

Drawdowns

CRCD vs. YXI - Drawdown Comparison

The maximum CRCD drawdown since its inception was -96.95%, which is greater than YXI's maximum drawdown of -81.15%. Use the drawdown chart below to compare losses from any high point for CRCD and YXI.

Drawdown Indicators

	CRCD	YXI	Difference
Max Drawdown Largest peak-to-trough decline	-96.95%	-81.15%	-15.80%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.04%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-53.12%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-57.65%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-62.57%	—
Current Drawdown Current decline from peak	-91.07%	-76.69%	-14.38%
Average Drawdown Average peak-to-trough decline	-59.05%	-54.42%	-4.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.12%	—

Volatility

Volatility by Period

	CRCD	YXI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.36%	—
Volatility (6M) Calculated over the trailing 6-month period	—	15.73%	—
Volatility (1Y) Calculated over the trailing 1-year period	202.21%	20.58%	+181.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	202.21%	31.49%	+170.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	202.21%	27.44%	+174.77%

CRCD vs. YXI - Expense Ratio Comparison

CRCD has a 1.50% expense ratio, which is higher than YXI's 0.95% expense ratio.

Dividends

CRCD vs. YXI - Dividend Comparison

CRCD has not paid dividends to shareholders, while YXI's dividend yield for the trailing twelve months is around 2.49%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
CRCD T-REX 2X Inverse CRCL Daily Target ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
YXI ProShares Short FTSE China 50	2.49%	3.60%	4.35%	2.66%	0.27%	0.00%	0.08%	1.01%	0.25%

Frequently Asked Questions

Can I hold both CRCD and YXI in my portfolio?

CRCD and YXI have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CRCD or YXI?

On fees, YXI is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CRCD or YXI?

YXI is cheaper with a 0.95% expense ratio, compared with 1.50% for CRCD.

Which ETF pays a higher dividend yield, CRCD or YXI?

YXI has the higher dividend yield at 2.49%, compared with 0.00% for CRCD.

What is the main difference between CRCD and YXI?

CRCD is categorized as Inverse Equities, while YXI is China Equities. They also come from different issuers: T-Rex and ProShares. Their fees differ too: 1.50% for CRCD and 0.95% for YXI.