Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
XPP
Upturn stock rating

ProShares Ultra FTSE China 50 (XPP)

Upturn stock rating
$29.38
Last Close (24-hour delay)
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

10/24/2025: XPP (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type ETF
Historic Profit 56.34%
Avg. Invested days 49
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 5.0
ETF Returns Performance Upturn Returns Performance 5.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/24/2025

Key Highlights

Volume (30-day avg) -
Beta 0.62
52 Weeks Range 12.64 - 28.55
Updated Date 06/30/2025
52 Weeks Range 12.64 - 28.55
Updated Date 06/30/2025

ai summary icon Upturn AI SWOT

ProShares Ultra FTSE China 50

stock logo

ETF Overview

overview logo Overview

ProShares Ultra FTSE China 50 (FXP) seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the FTSE China 50 Index. It focuses on providing leveraged exposure to large-cap Chinese companies traded on the Hong Kong Stock Exchange.

reliability logo Reputation and Reliability

ProShares is a well-known issuer specializing in leveraged and inverse ETFs, recognized for its experience and variety of offerings.

reliability logo Management Expertise

ProShares has a dedicated management team with expertise in structured products and derivatives, essential for managing leveraged ETFs.

Investment Objective

overview logo Goal

The goal of FXP is to deliver two times the daily return of the FTSE China 50 Index.

Investment Approach and Strategy

Strategy: FXP employs a leveraged strategy, aiming to magnify the daily performance of the FTSE China 50 Index using derivatives.

Composition The ETF primarily uses financial instruments like swap agreements to achieve its leveraged exposure to the underlying index.

Market Position

Market Share: FXP holds a niche market share within leveraged China ETFs.

Total Net Assets (AUM): 38844011

Competitors

overview logo Key Competitors

  • YINN
  • CHAU
  • CHIX

Competitive Landscape

The competitive landscape is dominated by non-leveraged ETFs or 3x leveraged ETFs such as YINN. FXP offers 2x daily leverage, attracting traders seeking moderate magnified returns but is a volatile product, not suitable for long-term investors, with significant risk of capital loss.

Financial Performance

Historical Performance: Historical performance data is volatile due to the leveraged nature of the ETF. Past performance does not guarantee future results.

Benchmark Comparison: Performance should be compared against 2x the daily changes in the FTSE China 50 Index, keeping in mind compounding effects can cause significant deviations over longer periods.

Expense Ratio: 0.95

Liquidity

Average Trading Volume

FXP has moderate liquidity, as it's an ultra ETF.

Bid-Ask Spread

The bid-ask spread can be wider than non-leveraged ETFs, potentially increasing trading costs.

Market Dynamics

Market Environment Factors

Economic conditions in China, global trade relations, and investor sentiment towards Chinese equities all influence FXP's performance.

Growth Trajectory

Growth depends heavily on the Chinese stock market's performance and investor appetite for leveraged products.

Moat and Competitive Advantages

Competitive Edge

FXP's advantage lies in its specific 2x leverage factor, catering to traders seeking magnified daily exposure to the FTSE China 50 Index. This daily reset of leverage can lead to significant deviation from the index over longer periods, appealing to short-term traders. ProShares' reputation as a specialist in leveraged and inverse ETFs lends credibility to the product. FXP provides tools for investors and sophisticated traders to adjust their risk according to their specific trading strategy. Investors should be aware of the inherent risks.

Risk Analysis

Volatility

FXP is highly volatile due to its leveraged nature; the daily leverage reset amplifies both gains and losses.

Market Risk

Significant market risk exists, as declines in the FTSE China 50 Index will be magnified, potentially leading to substantial losses.

Investor Profile

Ideal Investor Profile

FXP is suitable for experienced traders seeking short-term, leveraged exposure to the FTSE China 50 Index, with a high risk tolerance.

Market Risk

FXP is best suited for active traders and is not appropriate for long-term investors or passive index followers.

Summary

ProShares Ultra FTSE China 50 (FXP) offers leveraged exposure to the FTSE China 50 Index, suitable for active traders seeking short-term gains. Its 2x daily leverage magnifies both positive and negative returns, making it highly volatile and risky. The ETF's performance is heavily influenced by Chinese market dynamics and investor sentiment. It's crucial to understand the risks associated with leveraged ETFs before investing. FXP is not appropriate for long-term investors due to compounding effects and potential for significant losses.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • ProShares Official Website
  • Yahoo Finance
  • ETFdb.com

Disclaimers:

The data provided is for informational purposes only and should not be considered financial advice. Investment decisions should be made based on individual circumstances and after consulting with a qualified financial advisor. Past performance is not indicative of future results. Leveraged ETFs are high-risk investments.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About ProShares Ultra FTSE China 50

Exchange NYSE ARCA
Headquaters -
IPO Launch date -
CEO -
Sector -
Industry -
Full time employees -
Website
Full time employees -
Website

The index is designed to measure the performance of the 50 largest and most liquid companies that are listed on the Hong Kong Stock Exchange. Under normal circumstances, the fund will obtain leveraged exposure to at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified.