ProShares To Introduce Inverse China ETF
ProShares will introduce a new inverse China-focused ETF, ProShares Short FTSE/Xinhua China 25, which will trade under the ticker "YXI." YXI will seek results that correspond to the daily inverse performance of the FTSE/Xinhua China 25 Index.
ProShares currently issues the UltraShort FTSE/Xinhua China25 Proshares (NYSE: FXP), which is the double leverage inverse play on the iShares FTSE/Xinhua China 25 Index (NYSE: FXI).
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