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XPP vs KCAI

Comparison between PROSHARES ULTRA FTSE CHINA 50 (XPP, ETF) and KRANESHARES CHINA ALPHA INDEX ETF (KCAI, ETF).

XPP vs KCAI - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
XPP
$11M
Winner
KCAI
$11M
Expense Ratio
XPP
N/A
KCAI
0.79%
Max Drawdown
XPP
90.71%
Winner
KCAI
27.12%
Sharpe Ratio
XPP
-0.26
Winner
KCAI
3.10
5Y Beta
XPP
1.32
Winner
KCAI
0.26

XPP vs KCAI - Historical Returns

Returns include dividend reinvestment.

1M
XPP
-10.39%
Winner
KCAI
-1.22%
3M
XPP
-7.29%
Winner
KCAI
+1.67%
6M
XPP
-26.30%
Winner
KCAI
+9.05%
1Y
XPP
-14.49%
Winner
KCAI
+54.39%
5Y(CAGR)
XPP
-20.85%
KCAI
N/A
10Y(CAGR)
XPP
-6.01%
KCAI
N/A
Max(CAGR)
XPP
-5.33%
Winner
KCAI
+39.36%

XPP vs KCAI - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

YearXPPKCAI
2026-27.27%+4.34%
2025+51.56%+56.81%
2024+47.61%+11.09%
2023-39.05%N/A
2022-50.03%N/A
2021-40.04%N/A
2020+1.71%N/A
2019+27.50%N/A
2018-35.64%N/A
2017+75.72%N/A
2016+2.99%N/A
2015-30.36%N/A
2014+27.91%N/A
2013-13.18%N/A
2012+29.43%N/A
2011-39.69%N/A
2010-1.38%N/A
2009+18.62%N/A

XPP vs KCAI Drawdown Comparison

The maximum drawdown for XPP was -89.90%, occurring on Jan 22, 2024. This drawdown has not yet recovered.

The maximum drawdown for KCAI was -25.50%, occurring on Apr 7, 2025. Recovery took 202 trading sessions.

The current XPP drawdown is -79.22%. The current KCAI drawdown is -3.02%.

RankXPPKCAI
#1-89.90%
Jan 26, 2018 - Jan 22, 2024
-25.50%
Oct 7, 2024 - Jul 30, 2025
#2-71.64%
Apr 27, 2015 - Jan 23, 2018
-5.46%
Aug 30, 2024 - Sep 24, 2024
#3-61.90%
Nov 4, 2010 - Apr 8, 2015
-4.23%
May 13, 2026 - May 21, 2026
#4-37.13%
Nov 16, 2009 - Nov 3, 2010
-3.96%
Oct 29, 2025 - Dec 4, 2025
#5-22.58%
Aug 3, 2009 - Sep 16, 2009
-3.53%
Mar 13, 2026 - Apr 14, 2026
#6-19.67%
Jun 11, 2009 - Jul 20, 2009
-3.08%
Sep 11, 2025 - Oct 16, 2025
#7-18.75%
Sep 16, 2009 - Oct 14, 2009
-2.31%
Jan 2, 2026 - Feb 9, 2026
#8-12.19%
Oct 19, 2009 - Nov 9, 2009
-2.13%
Sep 2, 2025 - Sep 11, 2025
#9-8.31%
Apr 16, 2015 - Apr 22, 2015
-1.89%
Dec 10, 2025 - Dec 19, 2025
#10-7.06%
Jul 28, 2009 - Aug 3, 2009
-1.80%
Apr 23, 2026 - May 13, 2026
#11-4.96%
Nov 9, 2009 - Nov 16, 2009
-1.43%
Aug 13, 2025 - Aug 19, 2025
#12-4.75%
Oct 14, 2009 - Oct 19, 2009
-1.36%
Mar 2, 2026 - Mar 11, 2026
#13-4.51%
Jun 5, 2009 - Jun 10, 2009
-1.34%
Jul 30, 2025 - Aug 5, 2025
#14-2.81%
Jan 24, 2018 - Jan 26, 2018
-1.23%
Oct 2, 2024 - Oct 4, 2024
#15-2.26%
Jul 20, 2009 - Jul 23, 2009
-1.00%
Feb 10, 2026 - Feb 24, 2026

Correlation

Correlation between XPP and KCAI is 0.53 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.53
-101

Dividend Comparison (2018 - 2026)

XPP vs KCAI dividend yield comparison.

YearXPPKCAI
20260.55%0.00%
20252.32%35.42%
20242.96%2.19%
20232.87%0.00%
20193.81%0.00%
20181.47%0.00%

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