FXP
ProShares UltraShort FTSE China 50 of ProShares Trust
📎 Investment Objective
The FXP ETF seeks to provide daily investment results that correspond to twice the inverse (-2x) of the daily performance of the FTSE China 50 Index.
Overview
ETF tracking ProShares UltraShort FTSE China 50 of ProShares Trust
Performance
Price Chart
Investment Summary
📎 Investment Objective
The FXP ETF seeks to provide daily investment results that correspond to twice the inverse (-2x) of the daily performance of the FTSE China 50 Index.
🎯 Investment Strategy
The fund uses a combination of financial instruments, such as futures contracts and swap agreements, to achieve its investment objective. It aims to generate returns that are twice the opposite of the daily performance of the underlying index.
✨ Key Features
- Provides exposure to the Chinese equity market with a leveraged short position
- Designed for short-term trading and not suitable for long-term buy-and-hold investors
- Resets daily, so long-term performance may differ from the target multiple
- Low assets under management and expense ratio of 0.00%
⚠️ Primary Risks
- Significant volatility and risk of loss due to the leveraged nature of the fund
- Potential for divergence between the fund's performance and the inverse of the index performance over longer holding periods
- Exposure to the Chinese equity market, which may be subject to political, economic, and regulatory risks
- Liquidity risk due to the low assets under management
👤 Best For
This ETF is best suited for experienced, short-term traders who are comfortable with the high volatility and risks associated with leveraged inverse funds. It is not recommended for long-term, buy-and-hold investors.