Name of ETF: ProShares UltraShort FTSE China 50

Benchmark Index: FTSE China 50 Index

Ticker Symbol: FXP

Types of Chinese Companies Included in this ETF: Large-sized Chinese companies.

Short ETF:  This ETF attempts to produce investment results in the opposite direction of the index. If the FTSE China 50 Index goes up, the ETF is designed to go down. If the FTSE China 50 Index goes down, the ETF is designed to go up.

Leveraged ETF: This ETF is a leveraged ETF which means the ETF attempts to produce daily returns based on a multiplier. In the case of this ETF, the multiplier is -2x (-200%).

Related Links:

ProShares Website