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ProShares Ultra FTSE China 50 of PROSHARES TRUST

$28.65

+0.00%

Market closed. Last update: 11:54 AM ET

📎 Investment Objective

The ProShares Ultra FTSE China 50 ETF seeks to provide 2x the daily performance of the FTSE China 50 Index, which tracks the 50 largest Chinese companies listed on the Hong Kong Stock Exchange.

Overview

ETF tracking ProShares Ultra FTSE China 50 of PROSHARES TRUST

Category Leveraged

Issuer ProShares

Inception Date 2009-06-04

Market Cap $22.8M

Average Volume N/A

Dividend Yield 2.35%

52-Week Range $16.26 - $31.49

VWAP $28.86

Performance

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Investment Summary

📎 Investment Objective

The ProShares Ultra FTSE China 50 ETF seeks to provide 2x the daily performance of the FTSE China 50 Index, which tracks the 50 largest Chinese companies listed on the Hong Kong Stock Exchange.

🎯 Investment Strategy

The fund uses derivatives and leveraged investment techniques to amplify the daily returns of the underlying index. It does not seek to achieve its 2x objective over periods longer than a single day.

✨ Key Features

Provides 2x the daily performance of the FTSE China 50 Index
Utilizes derivatives and leverage to achieve its objective
Resets daily, so longer-term performance may differ from 2x the index
Relatively high expense ratio compared to non-leveraged China ETFs

⚠️ Primary Risks

Significant daily volatility and potential for losses greater than the index
Leverage risk, where losses can be magnified on down days
Potential for divergence from 2x the index return over longer periods
Exposure to Chinese equities, which can be volatile and subject to political/regulatory risks

👤 Best For

This ETF is best suited for experienced, risk-tolerant investors seeking to make short-term, speculative bets on the Chinese equity market. It is not recommended for long-term, buy-and-hold investors due to the daily resetting of leverage and potential for divergence from the index over time.