Is there an inverse etf for asian markets, other than EEV? Thnks.?

Question

Is there an inverse etf for asian markets, other than EEV? Thnks.?

Answer 1

On November 8, Proshares launched an ETF called the Ultrashort FTSE/Xinhua China 25 Index (FXP). The FXP is based on an index of the 25 largest corporations in China, and it is an inverse fund. This means is that when those 25 corporations decrease in value, the FXP increases in value. Also, the FXP is a leveraged fund. So for every 1% decrease in the value of those corporations, the FXP will gain 2% in value. The FXP effectively enables international investors to hedge against the growth of the Chinese market and make a two-fold profit in doing so.