Key stats
About Direxion Daily FTSE China Bull 3x Shares
Expense ratio
1.47%
Home page
Inception date
Dec 3, 2009
YINN is an aggressive daily bet on Chinese large-cap equities, delivering 3x leveraged exposure to about 50 large and liquid names traded in Hong Kong. The fund's underlying equity exposure doesn't aim for comprehensive all China exposure since it excludes A-shares traded on the mainland and names listed solely in the US. Given the underlying index, big sector bets can be expected. The fund rebalances its leveraged exposure daily, so over the long haul, compounding effects can lead to profound differences in expected returns relative to the index. Thus, it is not a buy-and-hold investment and should not be expected to provide index leverage returns greater than a one-day period. The index is rebalanced quarterly.
Classification
What's in the fund
Exposure type
Cash
ETF
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.