YANG
Direxion Daily FTSE China Bear 3X SharesYANG 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 Summary Data
YANG Portfolio Data
YANG Index Data
YANG Fund Structure
YANG Tax Exposures
YANG Factset Analytics Block Liquidity
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
Options Strategies for Outcome Investing
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