YXI vs. AFTY

Last updated Jun 4, 2026

YXI (ProShares Short FTSE China 50) and AFTY (Pacer CSOP FTSE China A50 ETF) are both exchange-traded funds - YXI is a Inverse Equities fund tracking the FTSE China 50 Net Tax USD (TR) (-100%), while AFTY is a China Equities fund tracking the FTSE China A 50. Both are passively managed. At a correlation of -0.64, they often move in opposite directions. YXI charges 0.95%/yr vs 0.70%/yr for AFTY.

Performance

YXI vs. AFTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Short FTSE China 50 (YXI) and Pacer CSOP FTSE China A50 ETF (AFTY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

YXI

• 1D: 1.95%
• 1M: 2.80%
• YTD: 8.21%
• 6M: 9.88%
• 1Y: 0.05%
• 3Y*: -11.68%
• 5Y*: -2.65%
• 10Y*: -8.25%

AFTY

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

YXI vs. AFTY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
YXI ProShares Short FTSE China 50	8.21%	-22.87%	-25.36%	12.40%	4.78%	13.94%	-17.95%	-14.35%	9.63%	-28.43%
AFTY Pacer CSOP FTSE China A50 ETF	0.00%	0.00%	20.48%	-12.80%	-22.47%	-7.37%	33.77%	44.23%	-24.26%	45.15%

Correlation

The correlation between YXI and AFTY is -0.64, 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 (3Y) Calculated over the trailing 3-year period	-0.45
Correlation (5Y) Calculated over the trailing 5-year period	-0.58
Correlation (10Y) Calculated over the trailing 10-year period	-0.65
Correlation (All Time) Calculated using the full available price history since Mar 13, 2015	-0.64

The correlation between YXI and AFTY shifts across timeframes, from -0.65 (10 years) to -0.45 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

YXI vs. AFTY — Risk / Return Rank

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

YXI

YXI Risk / Return Rank: 9
YXI Sharpe Ratio Rank: 9
YXI Sortino Ratio Rank: 9
YXI Omega Ratio Rank: 9
YXI Calmar Ratio Rank: 9
YXI Martin Ratio Rank: 9

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.

YXI vs. AFTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Short FTSE China 50 (YXI) and Pacer CSOP FTSE China A50 ETF (AFTY). 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.

	YXI	AFTY	Difference
Sharpe ratio: Return per unit of total volatility	0.00	—	—
Sortino ratio: Return per unit of downside risk	0.14	—	—
Omega ratio: Gain probability vs. loss probability	1.02	—	—
Calmar ratio: Return relative to maximum drawdown	0.00	—	—
Martin ratio: Return relative to average drawdown	0.01	—	—
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

	YXI	AFTY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.00	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.08	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.30	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.30	—	—

Drawdowns

Drawdown Indicators

	YXI	AFTY	Difference
Max Drawdown Largest peak-to-trough decline	-81.15%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-14.21%	—	—
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	-64.92%	—	—
Current Drawdown Current decline from peak	-77.90%	—	—
Average Drawdown Average peak-to-trough decline	-54.31%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	8.18%	—	—

Volatility

Volatility by Period

	YXI	AFTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.21%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.86%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	19.97%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.40%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.42%	—	—

YXI vs. AFTY - Expense Ratio Comparison

YXI has a 0.95% expense ratio, which is higher than AFTY's 0.70% expense ratio.

Dividends

YXI vs. AFTY - Dividend Comparison

YXI's dividend yield for the trailing twelve months is around 2.84%, while AFTY has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AFTY Pacer CSOP FTSE China A50 ETF	0.00%	0.00%	0.00%	2.23%	2.08%	1.84%	1.48%	7.96%	1.85%	6.62%	1.19%	16.76%
YXI ProShares Short FTSE China 50	2.84%	3.60%	4.35%	2.66%	0.27%	0.00%	0.08%	1.01%	0.25%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both YXI and AFTY in my portfolio?

YXI and AFTY have a correlation of -0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, YXI or AFTY?

On fees, AFTY is cheaper at 0.70% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, YXI or AFTY?

AFTY is cheaper with a 0.70% expense ratio, compared with 0.95% for YXI.

Which ETF pays a higher dividend yield, YXI or AFTY?

YXI has the higher dividend yield at 2.84%, compared with 0.00% for AFTY.

What is the main difference between YXI and AFTY?

YXI is categorized as Inverse Equities, while AFTY is China Equities. YXI tracks FTSE China 50 Net Tax USD (TR) (-100%), while AFTY tracks FTSE China A 50. They also come from different issuers: ProShares and Pacer. Their fees differ too: 0.95% for YXI and 0.70% for AFTY.