XPP vs. BRKW

Last updated Jun 5, 2026

XPP (ProShares Ultra FTSE China 50) and BRKW (Roundhill BRKB WeeklyPay ETF) are both exchange-traded funds - XPP is a Leveraged Equities fund tracking the FTSE/Xinhua China 25 Index (200%), while BRKW is a Derivative Income fund actively managed by Roundhill. XPP is passively managed, while BRKW is actively managed. At a 0.01 correlation, their price movements are largely independent. XPP charges 0.95%/yr vs 0.99%/yr for BRKW.

Performance

XPP vs. BRKW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra FTSE China 50 (XPP) and Roundhill BRKB WeeklyPay ETF (BRKW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XPP achieves a -17.88% return, which is significantly lower than BRKW's -6.96% return.

XPP

• 1D: -0.24%
• 1M: -6.29%
• YTD: -17.88%
• 6M: -20.50%
• 1Y: -9.29%
• 3Y*: 7.29%
• 5Y*: -20.16%
• 10Y*: -5.58%

BRKW

• 1D: 0.87%
• 1M: 3.11%
• YTD: -6.96%
• 6M: -7.41%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XPP vs. BRKW - Yearly Performance Comparison

	2026 (YTD)	2025
XPP ProShares Ultra FTSE China 50	-17.88%	10.95%
BRKW Roundhill BRKB WeeklyPay ETF	-6.96%	2.09%

Correlation

The correlation between XPP and BRKW is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 20, 2025	0.01

XPP vs. BRKW - Sectors Allocation Comparison

Sectors	XPP	BRKW
Financial Services	42.1%	7.4%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

XPP vs. BRKW — Risk / Return Rank

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

XPP

XPP Risk / Return Rank: 7
XPP Sharpe Ratio Rank: 7
XPP Sortino Ratio Rank: 7
XPP Omega Ratio Rank: 7
XPP Calmar Ratio Rank: 7
XPP Martin Ratio Rank: 6

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.

XPP vs. BRKW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra FTSE China 50 (XPP) and Roundhill BRKB WeeklyPay ETF (BRKW). 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.

	XPP	BRKW	Difference
Sharpe ratio: Return per unit of total volatility	-0.24	—	—
Sortino ratio: Return per unit of downside risk	-0.08	—	—
Omega ratio: Gain probability vs. loss probability	0.99	—	—
Calmar ratio: Return relative to maximum drawdown	-0.29	—	—
Martin ratio: Return relative to average drawdown	-0.58	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	XPP	BRKW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.24	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.32	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.10	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.10	-0.30	+0.21

Drawdowns

XPP vs. BRKW - Drawdown Comparison

The maximum XPP drawdown since its inception was -89.90%, which is greater than BRKW's maximum drawdown of -12.64%. Use the drawdown chart below to compare losses from any high point for XPP and BRKW.

Drawdown Indicators

	XPP	BRKW	Difference
Max Drawdown Largest peak-to-trough decline	-89.90%	-12.64%	-77.26%
Max Drawdown (1Y) Largest decline over 1 year	-32.60%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-52.95%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-85.24%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-89.90%	—	—
Current Drawdown Current decline from peak	-78.27%	-9.92%	-68.35%
Average Drawdown Average peak-to-trough decline	-47.83%	-5.36%	-42.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.07%	—	—

Volatility

Volatility by Period

	XPP	BRKW	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.45%	—	—
Volatility (6M) Calculated over the trailing 6-month period	28.79%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	39.21%	17.22%	+21.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	62.75%	17.22%	+45.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	54.90%	17.22%	+37.68%

XPP vs. BRKW - Expense Ratio Comparison

XPP has a 0.95% expense ratio, which is lower than BRKW's 0.99% expense ratio.

Dividends

XPP vs. BRKW - Dividend Comparison

XPP's dividend yield for the trailing twelve months is around 2.64%, less than BRKW's 24.97% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BRKW Roundhill BRKB WeeklyPay ETF	24.97%	14.45%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XPP ProShares Ultra FTSE China 50	2.64%	2.32%	2.96%	2.87%	0.00%	0.00%	0.00%	3.81%	1.47%

Frequently Asked Questions

Can I hold both XPP and BRKW in my portfolio?

XPP and BRKW have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XPP or BRKW?

On fees, XPP 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, XPP or BRKW?

XPP is cheaper with a 0.95% expense ratio, compared with 0.99% for BRKW.

Which ETF pays a higher dividend yield, XPP or BRKW?

BRKW has the higher dividend yield at 24.97%, compared with 2.64% for XPP.

What is the main difference between XPP and BRKW?

XPP is categorized as Leveraged Equities, while BRKW is Derivative Income. They also come from different issuers: ProShares and Roundhill. Their fees differ too: 0.95% for XPP and 0.99% for BRKW.