Name of ETF: ProShares Ultra FTSE China 50
Benchmark Index: FTSE China 50 Index
Ticker Symbol: XPP
Types of Companies Included: Chinese large-cap companies.
Daily Target: 2x
Leveraged ETF: This ETF attempts to produce leveraged daily returns above the benchmark index results based on a multiplier. In the case of this ETF, the multiplier is 2x (200%). This means the ETF is seeking a daily target equal to 200% of the benchmark index.
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