YXI vs. ADVE
YXI (ProShares Short FTSE China 50) and ADVE (Matthews Asia Dividend Active ETF) are both exchange-traded funds - YXI is a China Equities fund tracking the FTSE China 50 Net Tax USD (TR) (-100%), while ADVE is a Asia Pacific Equities fund actively managed by Matthews. YXI is passively managed, while ADVE is actively managed. Over the past year, YXI returned 4.09% vs 32.51% for ADVE. Their -0.62 correlation means they have often moved in opposite directions in the past. YXI charges 0.95%/yr vs 0.79%/yr for ADVE.
Performance
YXI vs. ADVE - Performance Comparison
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Returns By Period
In the year-to-date period, YXI achieves a 5.63% return, which is significantly lower than ADVE's 19.25% return.
YXI
- 1D
- 0.58%
- 1M
- -12.38%
- 6M
- 6.78%
- YTD
- 5.63%
- 1Y
- 4.09%
- 3Y*
- -10.31%
- 5Y*
- -5.27%
- 10Y*
- -7.71%
- ALL TIME*
- -8.22%
ADVE
- 1D
- 1.43%
- 1M
- 3.66%
- 6M
- 10.37%
- YTD
- 19.25%
- 1Y
- 32.51%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 19.92%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $68.52K | $40.72K | $33.35K | |
| $23.14K | $29.95K | $34.52K |
YXI vs. ADVE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
YXI ProShares Short FTSE China 50 | 5.63% | -22.87% | -25.36% | 6.71% |
ADVE Matthews Asia Dividend Active ETF | 19.25% | 26.12% | 7.02% | 4.58% |
Correlation
The correlation between YXI and ADVE is -0.54, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.54 |
Correlation (All Time) Calculated using the full available price history since Sep 22, 2023 | -0.62 |
The correlation between YXI and ADVE has been stable across timeframes, ranging from -0.62 to -0.54 - a consistent structural relationship.
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Return for Risk
YXI vs. ADVE — Risk / Return Rank
YXI
ADVE
YXI vs. ADVE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Short FTSE China 50 (YXI) and Matthews Asia Dividend Active ETF (ADVE). 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.
| YXI | ADVE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.47 | ||
| Sortino ratioReturn per unit of downside risk | -1.91 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.32 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 0.30 | 2.78 | -2.48 |
| Martin ratioReturn relative to average drawdown | 0.77 | 9.44 | -8.67 |
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Drawdowns
YXI vs. ADVE - Drawdown Comparison
The maximum YXI drawdown since its inception was -81.15%, which is greater than ADVE's maximum drawdown of -18.41%. Use the drawdown chart below to compare losses from any high point for YXI and ADVE.
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Drawdown Indicators
| YXI | ADVE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.15% | -18.41% | -62.74% |
Max Drawdown (1Y)Largest decline over 1 year | -13.55% | -11.73% | -1.82% |
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 | -61.63% | — | — |
Current DrawdownCurrent decline from peak | -78.43% | -2.47% | -75.96% |
Average DrawdownAverage peak-to-trough decline | -54.52% | -3.24% | -51.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.32% | 3.45% | +1.87% |
Volatility
YXI vs. ADVE - Volatility Comparison
ProShares Short FTSE China 50 (YXI) has a higher volatility of 6.80% compared to Matthews Asia Dividend Active ETF (ADVE) at 6.03%. This indicates that YXI's price experiences larger fluctuations and is considered to be riskier than ADVE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| YXI | ADVE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.80% | 6.03% | +0.77% |
Volatility (6M)Calculated over the trailing 6-month period | 15.85% | 17.40% | -1.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.09% | 19.67% | +1.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.28% | 16.51% | +14.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.48% | 16.51% | +10.97% |
YXI vs. ADVE - Expense Ratio Comparison
YXI has a 0.95% expense ratio, which is higher than ADVE's 0.79% expense ratio.
Dividends
YXI vs. ADVE - Dividend Comparison
YXI's dividend yield for the trailing twelve months is around 2.69%, more than ADVE's 2.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
ADVE Matthews Asia Dividend Active ETF | 2.16% | 2.97% | 6.00% | 0.37% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
YXI ProShares Short FTSE China 50 | 2.69% | 3.60% | 4.35% | 2.66% | 0.27% | 0.00% | 0.08% | 1.01% | 0.25% |
Frequently Asked Questions
YXI and ADVE have a correlation of -0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
YXI has higher volatility (6.80%) compared to ADVE (6.03%). In terms of maximum drawdown, YXI dropped -81.15% vs ADVE's -18.41%.
On 1-year performance, ADVE leads with 32.51% vs 4.09% for YXI. On fees, ADVE is cheaper at 0.79% per year. On volatility, ADVE has been the lower-risk option at 6.03%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, ADVE has performed better with a 32.51% return vs 4.09%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ADVE is cheaper with a 0.79% expense ratio, compared with 0.95% for YXI.
YXI has the higher dividend yield at 2.69%, compared with 2.16% for ADVE.
YXI is categorized as China Equities, while ADVE is Asia Pacific Equities. They also come from different issuers: ProShares and Matthews. Their fees differ too: 0.95% for YXI and 0.79% for ADVE.
ADVE currently has the higher Sharpe Ratio (1.66 vs 0.20), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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