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YXI vs. MCHI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between YXI and MCHI is -0.92. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.0-0.9

Performance

YXI vs. MCHI - Performance Comparison

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

-60.00%-40.00%-20.00%0.00%20.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
-63.40%
20.55%
YXI
MCHI

Key characteristics

Sharpe Ratio

YXI:

-0.87

MCHI:

0.71

Sortino Ratio

YXI:

-1.13

MCHI:

1.24

Omega Ratio

YXI:

0.86

MCHI:

1.16

Calmar Ratio

YXI:

-0.37

MCHI:

0.38

Martin Ratio

YXI:

-1.29

MCHI:

2.12

Ulcer Index

YXI:

22.47%

MCHI:

10.73%

Daily Std Dev

YXI:

33.19%

MCHI:

32.16%

Max Drawdown

YXI:

-77.78%

MCHI:

-62.84%

Current Drawdown

YXI:

-73.55%

MCHI:

-47.14%

Returns By Period

In the year-to-date period, YXI achieves a -25.41% return, which is significantly lower than MCHI's 18.34% return. Over the past 10 years, YXI has underperformed MCHI with an annualized return of -6.64%, while MCHI has yielded a comparatively higher 1.43% annualized return.


YXI

YTD

-25.41%

1M

-2.25%

6M

-17.36%

1Y

-28.42%

5Y*

-4.15%

10Y*

-6.64%

MCHI

YTD

18.34%

1M

0.04%

6M

11.32%

1Y

19.42%

5Y*

-3.95%

10Y*

1.43%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


YXI vs. MCHI - Expense Ratio Comparison

YXI has a 0.95% expense ratio, which is higher than MCHI's 0.59% expense ratio.


YXI
ProShares Short FTSE China 50
Expense ratio chart for YXI: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%
Expense ratio chart for MCHI: current value at 0.59% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.59%

Risk-Adjusted Performance

YXI vs. MCHI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Short FTSE China 50 (YXI) and iShares MSCI China ETF (MCHI). 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.


Sharpe ratio
The chart of Sharpe ratio for YXI, currently valued at -0.87, compared to the broader market0.002.004.00-0.870.71
The chart of Sortino ratio for YXI, currently valued at -1.13, compared to the broader market-2.000.002.004.006.008.0010.00-1.131.24
The chart of Omega ratio for YXI, currently valued at 0.86, compared to the broader market0.501.001.502.002.503.000.861.16
The chart of Calmar ratio for YXI, currently valued at -0.37, compared to the broader market0.005.0010.0015.00-0.370.38
The chart of Martin ratio for YXI, currently valued at -1.29, compared to the broader market0.0020.0040.0060.0080.00100.00-1.292.12
YXI
MCHI

The current YXI Sharpe Ratio is -0.87, which is lower than the MCHI Sharpe Ratio of 0.71. The chart below compares the historical Sharpe Ratios of YXI and MCHI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.50JulyAugustSeptemberOctoberNovemberDecember
-0.87
0.71
YXI
MCHI

Dividends

YXI vs. MCHI - Dividend Comparison

YXI's dividend yield for the trailing twelve months is around 2.69%, more than MCHI's 2.30% yield.


TTM20232022202120202019201820172016201520142013
YXI
ProShares Short FTSE China 50
2.69%2.66%0.27%0.00%0.08%1.01%0.25%0.00%0.00%0.00%0.00%0.00%
MCHI
iShares MSCI China ETF
2.30%3.49%2.16%1.04%1.04%1.45%1.60%1.56%1.66%2.76%2.35%2.37%

Drawdowns

YXI vs. MCHI - Drawdown Comparison

The maximum YXI drawdown since its inception was -77.78%, which is greater than MCHI's maximum drawdown of -62.84%. Use the drawdown chart below to compare losses from any high point for YXI and MCHI. For additional features, visit the drawdowns tool.


-80.00%-70.00%-60.00%-50.00%-40.00%-30.00%JulyAugustSeptemberOctoberNovemberDecember
-73.55%
-47.14%
YXI
MCHI

Volatility

YXI vs. MCHI - Volatility Comparison

ProShares Short FTSE China 50 (YXI) and iShares MSCI China ETF (MCHI) have volatilities of 10.90% and 10.39%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
10.90%
10.39%
YXI
MCHI
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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