FXP vs. CIFG

Last updated Jun 24, 2026

FXP (ProShares UltraShort FTSE China 50) and CIFG (Leverage Shares 2X Long CIFR Daily ETF) are both Leveraged Equities funds. FXP is passively managed, while CIFG is actively managed. At a correlation of -0.30, they often move in opposite directions. FXP charges 0.95%/yr vs 0.75%/yr for CIFG.

Performance

FXP vs. CIFG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares UltraShort FTSE China 50 (FXP) and Leverage Shares 2X Long CIFR Daily ETF (CIFG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FXP achieves a 30.56% return, which is significantly lower than CIFG's 96.56% return.

FXP

• 1D: 4.04%
• 1M: 14.69%
• YTD: 30.56%
• 6M: 32.48%
• 1Y: 12.48%
• 3Y*: -27.51%
• 5Y*: -14.41%
• 10Y*: -22.28%

CIFG

• 1D: -3.87%
• 1M: 42.24%
• YTD: 96.56%
• 6M: 67.07%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FXP vs. CIFG - Yearly Performance Comparison

	2026 (YTD)	2025
FXP ProShares UltraShort FTSE China 50	30.56%	2.26%
CIFG Leverage Shares 2X Long CIFR Daily ETF	96.56%	-32.52%

Correlation

The correlation between FXP and CIFG is -0.30, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 11, 2025	-0.30

Return for Risk

FXP vs. CIFG — Risk / Return Rank

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

FXP

FXP Risk / Return Rank: 14
FXP Sharpe Ratio Rank: 13
FXP Sortino Ratio Rank: 15
FXP Omega Ratio Rank: 14
FXP Calmar Ratio Rank: 15
FXP Martin Ratio Rank: 13

CIFG

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

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.

FXP vs. CIFG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort FTSE China 50 (FXP) and Leverage Shares 2X Long CIFR Daily ETF (CIFG). 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.

	FXP	CIFG	Difference
Sharpe ratio: Return per unit of total volatility	0.32	—	—
Sortino ratio: Return per unit of downside risk	0.72	—	—
Omega ratio: Gain probability vs. loss probability	1.09	—	—
Calmar ratio: Return relative to maximum drawdown	0.51	—	—
Martin ratio: Return relative to average drawdown	0.89	—	—

Drawdowns

FXP vs. CIFG - Drawdown Comparison

The maximum FXP drawdown since its inception was -99.94%, which is greater than CIFG's maximum drawdown of -71.71%. Use the drawdown chart below to compare losses from any high point for FXP and CIFG.

Drawdown Indicators

	FXP	CIFG	Difference
Max Drawdown Largest peak-to-trough decline	-99.94%	-71.71%	-28.23%
Max Drawdown (1Y) Largest decline over 1 year	-24.73%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-82.34%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-87.85%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-94.71%	—	—
Current Drawdown Current decline from peak	-99.91%	-10.44%	-89.47%
Average Drawdown Average peak-to-trough decline	-94.15%	-35.54%	-58.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.56%	—	—

Volatility

Volatility by Period

	FXP	CIFG	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.22%	—	—
Volatility (6M) Calculated over the trailing 6-month period	29.48%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	39.65%	205.93%	-166.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	63.21%	205.93%	-142.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	54.78%	205.93%	-151.15%

FXP vs. CIFG - Expense Ratio Comparison

FXP has a 0.95% expense ratio, which is higher than CIFG's 0.75% expense ratio.

Dividends

FXP vs. CIFG - Dividend Comparison

FXP's dividend yield for the trailing twelve months is around 3.58%, while CIFG has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
CIFG Leverage Shares 2X Long CIFR Daily ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FXP ProShares UltraShort FTSE China 50	3.58%	9.57%	3.55%	2.20%	0.06%	0.00%	0.06%	1.20%	0.16%

Frequently Asked Questions

Can I hold both FXP and CIFG in my portfolio?

FXP and CIFG have a correlation of -0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FXP or CIFG?

On fees, CIFG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FXP or CIFG?

CIFG is cheaper with a 0.75% expense ratio, compared with 0.95% for FXP.

Which ETF pays a higher dividend yield, FXP or CIFG?

FXP has the higher dividend yield at 3.58%, compared with 0.00% for CIFG.

What is the main difference between FXP and CIFG?

They also come from different issuers: ProShares and Leverage Shares. Their fees differ too: 0.95% for FXP and 0.75% for CIFG.