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ProShares Ultra FTSE China 50 (XPP)

Trading--Leveraged Equity | Exchange Traded Fund | NYSEArca
21.12 USD +0.25 (1.198%) ⇧ (Aug. 28, 2026, 10:28 a.m. EDT)
After hours: 21.12

Short-term:★★☆☆☆Long-term:★★☆☆☆Dividends:★★⯪☆☆
Hot Take | Aug. 22, 2026, 2:37 a.m. EDT

This leveraged inverse ETF is currently trapped in a severe structural decline, having lost nearly half its value over the last nine years despite a massive 92% rebound in the most recent fiscal year. While the latest annual gain suggests a potential bottoming out, the asset remains deeply distressed relative to its historical highs, trading well below its 200-day average. The recent price action shows a fragile recovery attempt, but the underlying beta exposure to Chinese equities introduces significant geopolitical and macroeconomic tail risks that prevent a confident bullish stance. The dividend yield, while seemingly attractive at 2.4%, is likely a function of the depressed share price rather than robust cash generation, making it a poor indicator of quality here. For a short-term trader, the setup is too volatile and lacks clear momentum confirmation; for a long-term holder, the multi-year erosion of capital outweighs the recent bounce.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.076021
AutoTheta0.077745
AutoETS0.078241
AutoARIMA0.078243

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 48%
H-stat 0.85
Ljung-Box p 0.000
Jarque-Bera p 0.216
Excess Kurtosis -0.97

As of Aug. 22, 2026, 2:37 a.m. EDT: Options activity is virtually dormant with negligible volume and open interest across all expirations. The implied volatility is extremely low, indicating a lack of speculative positioning or hedging demand. There is no discernible directional bias from the options chain.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.74% 2.31% 2.81% 1.82%
Dividend History
Date Dividend Yield %
2026-06-24 0.132 0.737842
2026-03-25 0.113 0.502446
2025-12-24 0.176 0.660413
2025-09-24 0.122 0.411051
2025-06-25 0.156 0.612005
2025-03-26 0.157 0.625249
2024-12-23 0.239 1.273987
2024-09-25 0.184 1.006014
2024-06-26 0.076 0.492547
2024-03-20 0.046 0.348221
2023-12-20 0.114 0.905481
2023-09-20 0.149 0.865776
2023-06-21 0.111 0.583596
2023-03-22 0.020 0.097895
2019-12-24 0.149 0.226169
2019-09-25 2.184 3.900000
2019-06-25 0.163 0.254887
2019-03-20 0.087 0.117918
2018-12-26 0.833 1.443924
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 2.41

Info Dump

Attribute Value
All Time High 113.86
All Time Low 10.27
Ask 21.19
Ask Size 9,300
Average Daily Volume10 Day 2,790
Average Daily Volume3 Month 4,366
Average Volume 4,366
Average Volume10Days 2,790
Beta3 Year 0.48
Bid 20.21
Bid Size 9,600
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 21.1222
Day Low 21.04
Dividend Yield 2.41
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 20.1124
Fifty Day Average Change 1.0098
Fifty Day Average Change Percent 0.05020783
Fifty Two Week Change Percent -25.75596
Fifty Two Week High 31.79
Fifty Two Week High Change -10.667801
Fifty Two Week High Change Percent -0.33557096
Fifty Two Week Low 16.57
Fifty Two Week Low Change 4.5522003
Fifty Two Week Low Change Percent 0.27472544
Fifty Two Week Range 16.57 - 31.79
First Trade Date Milliseconds 1,244,122,200,000
Five Year Average Return -0.1519953
Full Exchange Name NYSEArca
Fullday Change 0.25
Fullday Change Percent 1.19777
Fullday Price 21.1222
Fund Family ProShares
Fund Inception Date 1,244,073,600
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The index is designed to measure the performance of the 50 largest and most liquid companies that are listed on the Hong Kong Stock Exchange. Under normal circumstances, the fund will obtain leveraged exposure to at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified.
Long Name ProShares Ultra FTSE China 50
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_59602336
Nav Price 21.2305
Net Assets 9,110,497.0
Net Expense Ratio 0.95
Open 21.15
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 21.1222
Post Market Time 1,787,955,733
Previous Close 20.8722
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 0.25
Regular Market Change Percent 1.19777
Regular Market Day High 21.1222
Regular Market Day Low 21.04
Regular Market Day Range 21.04 - 21.1222
Regular Market Open 21.15
Regular Market Previous Close 20.8722
Regular Market Price 21.1222
Regular Market Time 1,787,927,299
Regular Market Volume 502
Short Name ProShares Ultra FTSE China 50
Source Interval 15
Symbol XPP
Three Year Average Return 0.0916833
Total Assets 9,110,497
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -2.71575
Trailing Three Month Returns -2.71575
Triggerable 1
Two Hundred Day Average 23.70645
Two Hundred Day Average Change -2.5842495
Two Hundred Day Average Change Percent -0.1090104
Type Disp ETF
Volume 502
Yield 0.0241
Ytd Return -13.07359