YANG

Direxion Daily FTSE China Bear 3X Shares
*Unless otherwise stated, data provided by FactSet.

YANG Fund Description

YANG provides daily 3x inverse leveraged exposure to a market-cap-weighted index of the 50 largest Chinese stocks traded in Hong Kong.

YANG Factset Analytics Insight

YANG is an aggressive daily bet against 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. Therefore, 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.

PERFORMANCE [as of 06/22/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
YANG -25.21% -15.80% -37.94% -12.46% -35.25% -34.46% -39.59%
YANG (NAV) -25.34% -15.29% -38.47% -12.46% -35.32% -34.48% -39.76%
FTSE China 50 Index 5.10% -1.19% -11.56% -26.75% -6.24% -1.11% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

YANG Summary Data

Direxion
12/03/09
Open-Ended Fund
1.00%
$92.08M
0.06%
FXP, YXI

YANG Portfolio Data

0.84%
N/A

YANG Index Data

FTSE China 50 Index
Market Cap
Hong Kong-listed
N/A

YANG Fund Structure

Yes
No
-- / --
N/A
N/A
Low
-3
Daily

YANG Tax Exposures

20.00% / 39.60%
--
No

YANG Factset Analytics Block Liquidity

As of 06/23/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of YANG. YANG is rated a 5 out of 5.

YANG Tradability

5,252,731
$88.75M
5,160,622
$86.12M
0.06%
$0.01
0.01%
1.67% / -2.88%
None
0.00%
50,000
103.21
0.00%
--
32,857
$12.57
5

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