ProShares - Short FTSE China 50
CThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.
$22.640.00 (0.00%)
- 2.65%
- $4M
- +12.9%
- 2.20%
- 0M sh
- $22.63
- low $18.98high $24.57
The ETF.net YXI Grade
C
Score 40 out of 100
- 31 of 54
Score 40 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Very small fund, grade capped at C.
The cap holds the Score at 40 or below, so B and A are out of reach.
- The pillars earned
- 43
- This cap took
- −3
- Published Score
- 40
Cost
The fund’s net expense ratio, ranked against its category.D26 out of 100Rank 40 of 54Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A78 out of 100Rank 6 of 53Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C42 out of 100Rank 32 of 54Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C44 out of 100Rank 32 of 54
Our read on YXI
CThe unlevered China bear. YXI aims for -1x the daily move of the FTSE China 50, the big Hong Kong-listed names, while the other China short routes run at 2x and 3x. Trading since 2010, priced like the specialty tool it is.
YXI seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the FTSE China 50 Index.
Why people hold it
- ProShares calls it the only -1x ETF on the FTSE China 50: a 1% index drop targets a 1% gain before fees, none of the 2x or 3x math its siblings FXP and YANG run.proshares.com
- Short exposure through one ticker in a brokerage account. No margin agreement, no shares to borrow.proshares.com
- Running since 2010, through more than one China boom and bust, with the same -1x daily mandate.
- The benchmark holds 50 of the largest, most liquid Chinese stocks listed in Hong Kong, so this shorts big-cap China, not the mainland A-share market.sec.gov
Worth knowing
- The 2.65% expense ratio runs well above the typical inverse fund's, and that cost compounds the longer a position stays open.
- Daily reset: hold past one day and compounding takes over, so choppy markets can leave results away from -1x the index's move over that stretch.proshares.com
- Small fund, thin volume. Bid-ask spreads can run wider than in the largest bear funds, which shows up in execution costs.
YXI Holdings
- Stocks
- 1
- 100%
- Net Other Assets (Liabilities)
YXI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
YXI$11,293
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | YXI |
|---|---|
| Year to date | +12.8% |
| 1 month | +1.2% |
| 3 months | −1.4% |
| 1 year | +12.9% |
| 3 years | −11.1% |
| 5 years | −4.2% |
| 10 years | −6.6% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | YXI |
|---|---|---|
| 2026 YTD | +12.8% | |
| 2025 | −22.9% | |
| 2024 | −25.4% | |
| 2023 | +12.4% | |
| 2022 | +4.8% | |
| 2021 | +13.9% | |
| 2020 | −17.9% |
YXI in the news
YXI Dividends
- 2.20%
- $0.50
- $0.14 per share
- Quarterly
Distribution history
YXI Risk
This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.
- 20.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.69
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −57.6%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- −0.31
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
YXI Cost
2.65%
YXI2.65%
- The middle half of Leveraged Inverse (2x & Other) funds
- Median 1.44%
38 of the 53 Leveraged Inverse (2x & Other) funds charge less.
Other funds in Leveraged Inverse (2x & Other)
- CQQDNProShares - UltraShort QQQ MegaExpense ratio 1.12%1 year return −30.0%
- CSBBProShares - Short SmallCap600Expense ratio 2.28%1 year return −14.9%
- DSCCProShares UltraShort Consumer DiscretionaryExpense ratio 4.44%1 year return +1.5%
- DFXPProShares - UltraShort FTSE China 50Expense ratio 1.79%1 year return +18.4%
- DSSGProShares UltraShort SemiconductorsExpense ratio 1.97%1 year return −69.1%