FXP vs. UUUG
FXP (ProShares UltraShort FTSE China 50) and UUUG (Leverage Shares 2X Long UUUU Daily ETF) are both exchange-traded funds - FXP is a China Equities fund tracking the FTSE China 50 Net Tax USD (TR) (-200%), while UUUG is a Leveraged Equities fund tracking the Energy Fuels Inc. (UUUU). Both are passively managed. Their -0.23 correlation means they have often moved in opposite directions in the past. FXP charges 0.95%/yr vs 0.75%/yr for UUUG.
Performance
FXP vs. UUUG - Performance Comparison
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Returns By Period
FXP
- 1D
- 0.44%
- 1M
- -23.97%
- 6M
- 9.78%
- YTD
- 6.18%
- 1Y
- -1.26%
- 3Y*
- -27.96%
- 5Y*
- -21.08%
- 10Y*
- -22.22%
- ALL TIME*
- -28.45%
UUUG
- 1D
- 11.85%
- 1M
- -17.57%
- 6M
- -82.28%
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $103.24K | $95.91K | $96.09K | |
| $784.93K | $1.01M | $2.95M |
FXP vs. UUUG - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
FXP ProShares UltraShort FTSE China 50 | 20.39% |
UUUG Leverage Shares 2X Long UUUU Daily ETF | -74.94% |
Correlation
The correlation between FXP and UUUG is -0.23, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 13, 2026 | -0.23 |
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Return for Risk
FXP vs. UUUG — Risk / Return Rank
FXP
UUUG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FXP vs. UUUG - 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 UUUU Daily ETF (UUUG). 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 | UUUG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.03 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.05 | — | — |
| Martin ratioReturn relative to average drawdown | -0.11 | — | — |
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Drawdowns
FXP vs. UUUG - Drawdown Comparison
The maximum FXP drawdown since its inception was -99.94%, which is greater than UUUG's maximum drawdown of -90.71%. Use the drawdown chart below to compare losses from any high point for FXP and UUUG.
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Drawdown Indicators
| FXP | UUUG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.94% | -90.71% | -9.23% |
Max Drawdown (1Y)Largest decline over 1 year | -25.65% | — | — |
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 | -93.56% | — | — |
Current DrawdownCurrent decline from peak | -99.92% | -86.82% | -13.10% |
Average DrawdownAverage peak-to-trough decline | -94.18% | -60.81% | -33.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.62% | — | — |
Volatility
FXP vs. UUUG - Volatility Comparison
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Volatility by Period
| FXP | UUUG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.97% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 29.41% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 40.60% | 178.50% | -137.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 62.72% | 178.50% | -115.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.81% | 178.50% | -123.69% |
FXP vs. UUUG - Expense Ratio Comparison
FXP has a 0.95% expense ratio, which is higher than UUUG's 0.75% expense ratio.
Dividends
FXP vs. UUUG - Dividend Comparison
FXP's dividend yield for the trailing twelve months is around 3.39%, while UUUG has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
FXP ProShares UltraShort FTSE China 50 | 3.39% | 9.57% | 3.55% | 2.20% | 0.06% | 0.00% | 0.06% | 1.20% | 0.16% |
UUUG Leverage Shares 2X Long UUUU Daily ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FXP and UUUG have a correlation of -0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, UUUG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UUUG is cheaper with a 0.75% expense ratio, compared with 0.95% for FXP.
FXP has the higher dividend yield at 3.39%, compared with 0.00% for UUUG.
FXP is categorized as China Equities, while UUUG is Leveraged Equities. FXP tracks FTSE China 50 Net Tax USD (TR) (-200%), while UUUG tracks Energy Fuels Inc. (UUUU). They also come from different issuers: ProShares and Leverage Shares. Their fees differ too: 0.95% for FXP and 0.75% for UUUG.
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