ProShares Ultra FTSE China 50
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective. The index consists of 50 of the largest and most liquid Chinese stocks listed and traded on the Stock Exchange of Hong Kong. The fund is non-diversified.
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN · NET −$6M OVER THIS RANGE
Money is leaving — −$880K walked out over the past month, while the price has returned -23.8% so far this year. At 0.97% a year it is not the cheapest way in — LQD runs the same ground at 0.14%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
| 1 week | +4.2% |
| 1 month | +6.8% |
| 3 months | +0.3% |
| 6 months | -17.9% |
| YTD | -23.8% |
| 1 year | -23.2% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
| 1 week | −$220K |
| 1 month | −$880K |
| 3 months | −$2M |
| YTD | −$6M |
| 1 year | −$6M |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Due diligence cuts both ways. These funds sit on the same shelf and beat XPP on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| IDEV iShares Core MSCI International Developed Markets ETF | 0.04% | $32.7B | +$104M | -93bp on fee · +$104M in over the month | Head-to-head |
| IEFA iShares Core MSCI EAFE ETF | 0.07% | $193.2B | +$631M | -90bp on fee · +$631M in over the month | Head-to-head |
| IEMG iShares Core MSCI Emerging Markets ETF | 0.09% | $160.6B | +$1.9B | -88bp on fee · +$1.9B in over the month | Head-to-head |
| IAGG iShares Core International Aggregate Bond ETF | 0.07% | $11.4B | +$739M | -90bp on fee · +$739M in over the month | Head-to-head |
| IXUS iShares Core MSCI Total International Stock ETF | 0.07% | $46.2B | — | -90bp on fee | Head-to-head |