EET vs. XPP
Compare and contrast key facts about ProShares Ultra MSCI Emerging Markets (EET) and ProShares Ultra FTSE China 50 (XPP).
EET and XPP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EET is a passively managed fund by ProShares that tracks the performance of the MSCI Emerging Markets Index (200%). It was launched on Jun 2, 2009. XPP is a passively managed fund by ProShares that tracks the performance of the FTSE/Xinhua China 25 Index (200%). It was launched on Jun 2, 2009. Both EET and XPP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EET or XPP.
Key characteristics
| EET | XPP | |
|---|---|---|
| YTD Return | 7.12% | 35.33% |
| 1Y Return | 14.92% | 13.73% |
| 3Y Return (Ann) | -16.15% | -29.69% |
| 5Y Return (Ann) | -4.89% | -20.08% |
| 10Y Return (Ann) | -2.56% | -10.95% |
| Sharpe Ratio | 0.66 | 0.28 |
| Sortino Ratio | 1.10 | 0.89 |
| Omega Ratio | 1.14 | 1.11 |
| Calmar Ratio | 0.34 | 0.20 |
| Martin Ratio | 3.18 | 0.80 |
| Ulcer Index | 6.59% | 22.85% |
| Daily Std Dev | 31.85% | 65.99% |
| Max Drawdown | -71.66% | -89.90% |
| Current Drawdown | -53.50% | -82.23% |
Correlation
The correlation between EET and XPP is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
EET vs. XPP - Performance Comparison
In the year-to-date period, EET achieves a 7.12% return, which is significantly lower than XPP's 35.33% return. Over the past 10 years, EET has outperformed XPP with an annualized return of -2.56%, while XPP has yielded a comparatively lower -10.95% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EET vs. XPP - Expense Ratio Comparison
Both EET and XPP have an expense ratio of 0.95%.
Risk-Adjusted Performance
EET vs. XPP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra MSCI Emerging Markets (EET) and ProShares Ultra FTSE China 50 (XPP). 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.
Dividends
EET vs. XPP - Dividend Comparison
EET's dividend yield for the trailing twelve months is around 3.01%, more than XPP's 2.30% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
EET ProShares Ultra MSCI Emerging Markets | 3.01% | 2.14% | 0.00% | 0.00% | 0.01% | 1.40% | 0.16% |
XPP ProShares Ultra FTSE China 50 | 2.30% | 2.87% | 0.00% | 0.00% | 0.00% | 3.81% | 1.47% |
Drawdowns
EET vs. XPP - Drawdown Comparison
The maximum EET drawdown since its inception was -71.66%, smaller than the maximum XPP drawdown of -89.90%. Use the drawdown chart below to compare losses from any high point for EET and XPP. For additional features, visit the drawdowns tool.
Volatility
EET vs. XPP - Volatility Comparison
The current volatility for ProShares Ultra MSCI Emerging Markets (EET) is 10.14%, while ProShares Ultra FTSE China 50 (XPP) has a volatility of 23.39%. This indicates that EET experiences smaller price fluctuations and is considered to be less risky than XPP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.