ProShares - Short FTSE China 50
$22.49+0.31 (+1.41%)
- Expense ratio
- 2.65%
- Fund size
- $4M
- 1Y return
- +16.1%
- Yield · Last 12 months
- 2.59%
- Holdings
- 7
- Volume · 30D
- 0M sh
- NAV per share
- $22.62
- 52W range
The ETF.net YXI Grade
Score 40 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.DScore 26Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 79Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 30Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.Not scoredDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 42Category rank
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
- 7
- 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.
Returns run to the Sep 22, 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 | +9.8% |
| 1 month | +2.7% |
| 3 months | −3.9% |
| 1 year | +16.1% |
| 3 years | −11.2% |
| 5 years | −5.0% |
| 10 years | −6.5% |
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 | +9.8% | |
| 2025 | −22.9% | |
| 2024 | −25.4% | |
| 2023 | +12.4% | |
| 2022 | +4.8% | |
| 2021 | +13.9% | |
| 2020 | −17.9% |
YXI in the news
ETF.net Research hasn’t filed on YXI yet — coverage lands here as it’s written.
YXI Dividends
- 2.59%
- $0.57
- $0.12 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 24, 2026 | Jun 30, 2026 | $0.12 |
| Mar 25, 2026 | Mar 31, 2026 | $0.09 |
| Dec 24, 2025 | Dec 31, 2025 | $0.15 |
| Sep 24, 2025 | Sep 30, 2025 | $0.21 |
| Jun 25, 2025 | Jul 1, 2025 | $0.17 |
| Mar 26, 2025 | Apr 1, 2025 | $0.20 |
| Dec 23, 2024 | Dec 31, 2024 | $0.44 |
| Sep 25, 2024 | Oct 2, 2024 | $0.29 |
| Jun 26, 2024 | Jul 3, 2024 | $0.24 |
| Mar 20, 2024 | Mar 27, 2024 | $0.22 |
| Dec 20, 2023 | Dec 28, 2023 | $0.32 |
| Sep 20, 2023 | Sep 27, 2023 | $0.27 |
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.
- 20.3%
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.
- −0.71
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
- The middle half of Leveraged Inverse (2x & Other) funds
- Median 1.44%
38 of the 53 Leveraged Inverse (2x & Other) funds charge less.