YXI

ProShares Short FTSE China 50 of PROSHARES TRUST

$9.87
+0.00%
Market closed. Last update: 11:56 AM ET

📎 Investment Objective

The YXI ETF seeks to provide inverse exposure to the 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 Short FTSE China 50 of PROSHARES TRUST

Category Country
Issuer ProShares
Inception Date 2010-03-18
Market Cap $3.0M
Average Volume N/A
Dividend Yield 5.19%
52-Week Range $9.48 - $14.60
VWAP $9.86

Performance

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Investment Summary

📎 Investment Objective

The YXI ETF seeks to provide inverse exposure to the 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 short positions and derivatives to aim for returns that are the inverse of the FTSE China 50 Index. This means the fund's value is expected to increase when the underlying index declines, and vice versa.

✨ Key Features

  • Provides inverse exposure to the performance of large-cap Chinese equities
  • Utilizes short positions and derivatives to achieve its objective
  • Designed for investors seeking to hedge or profit from a decline in Chinese stocks
  • Has low assets under management and no performance history

⚠️ Primary Risks

  • Inverse performance risk - the fund's value may not move exactly opposite to the index
  • Derivative and leverage risk - the use of derivatives can magnify gains and losses
  • Concentration risk - the fund is exposed to a single country's equity market
  • Liquidity risk - the fund may have limited trading volume and liquidity

👤 Best For

This ETF may be suitable for experienced investors seeking to hedge or speculate on a decline in Chinese equities as part of a diversified portfolio. However, the lack of performance history and low assets make it a higher-risk, more speculative investment.