FXP vs YXI
ProShares Ultrashort FTSE China 50 vs ProShares Short FTSE China 50
Which is better, FXP or YXI?
Each has led over a different period.
FXP led over 1Y, YXI over 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.99.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FXP | YXI |
|---|---|---|
| Expense Ratio | 0.95%Tie | 0.95%Tie |
| AUM | $6M | $4M |
| Dividend Yield | 2.31% | 2.62% |
| Holdings | 5 | 5 |
| YTD Return | +32.48%Best | +18.61% |
| 1Y Return | +27.41%Best | +16.66% |
| 3Y Return (annualized) | -28.65% | -11.34%Best |
| 5Y Return (annualized) | -18.58% | -4.09%Best |
| Volatility (annualized) | 44.9% | 22.6%Best |
| Max Drawdown | -98.8% | -81.7%Best |
| $10,000 over 5 years | $3,578 | $8,116Best |
| Fund Family | ProShares | ProShares |
| Category | Alternative | Alternative |
| Style | Trading-Inverse Equity | Trading-Inverse Equity |
| Inception | Nov 6, 2007 | Mar 16, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Mar 18, 2010 to Oct 14, 2026 (16.6 years).
FXP vs YXI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 16.6 years both funds cover.
FXP vs YXI Performance
ProShares Ultrashort FTSE China 50 (FXP) is an ETF from ProShares and ProShares Short FTSE China 50 (YXI) is an ETF from ProShares. Over the past year FXP returned +27.41% while YXI returned +16.66%. Year to date, FXP is up 32.48% versus a gain of 18.61% for YXI.
Over three years, FXP compounded at -28.65% per year against -11.34% for YXI; over five years the annualized figures are -18.58% and -4.09% respectively. Across the full 17-year window we track, YXI has the edge at -7.90% annualized vs -21.15%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FXP has been the more volatile fund, with annualized monthly volatility of 44.9% compared with 22.6% for YXI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -98.8% for FXP and -81.7% for YXI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FXP charges 0.95% per year while YXI charges 0.95%. On a $10,000 position that is $95 vs $95 annually. On income, FXP currently yields 2.31% against 2.62% for YXI.
You are not choosing between two funds in isolation.
Whichever of FXP and YXI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FXP or YXI?
FXP has an expense ratio of 0.95% while YXI charges 0.95%. At the precision these are quoted to, they cost the same.
Which performed better, FXP or YXI?
Over the past year FXP returned +27.41% vs +16.66% for YXI, so FXP leads on 1-year performance. Over the longest common window we track (17 years), FXP annualized -21.15% vs -7.90% for YXI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FXP or YXI?
FXP has been the more volatile fund at 44.9% annualized versus 22.6% for YXI. Worst drawdown: FXP -98.8% vs YXI -81.7%.
Should I hold both FXP and YXI?
FXP and YXI have a monthly-return correlation of 0.99, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, FXP or YXI?
FXP yields 2.31% while YXI yields 2.62%, so YXI currently pays the higher dividend yield.
Is YXI better than FXP?
FXP led over 1Y, YXI over 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.99. Which one suits a particular account depends on what it is for. This is information, not a recommendation.