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.

YANG MSCI ESG Analytics Insight

Direxion Daily FTSE China Bear 3X Shares has an MSCI ESG Fund Rating of A based on a score of 5.80 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Direxion Daily FTSE China Bear 3X Shares ranks in the 40th percentile within its peer group and in the 23th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 09/15/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
YANG 2.34% 30.43% 8.88% -25.09% -34.81% -34.99% -38.22%
YANG (NAV) 4.40% 27.39% 10.86% -21.46% -34.33% -34.00% -37.98%
FTSE China 50 Index-USD NET -3.20% -12.49% -14.00% -4.75% 1.68% 4.65% --
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
1.07%
$51.27M
0.06%
FXP, YXI

YANG Portfolio Data

0.84%
N/A

YANG Index Data

Market Cap
Hong Kong-listed
N/A

YANG Fund Structure

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

YANG Tax Exposures

20.00% / 39.60%
--
No

YANG Factset Analytics Block Liquidity

As of 09/16/21
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 N/A out of 5.

YANG Tradability

885,503
$15.83M
740,483
$13.16M
0.06%
$0.01
0.01%
0.71% / -0.65%
None
0.00%
50,000
14.81
0.00%
--
14,569
$17.88
N/A

YANG MSCI ESG Ratings

5.80 / 10
22.92
39.70
--
0.01%
2.50

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