YINN
Direxion Daily FTSE China Bull 3X SharesYINN Fund Description
YINN provides daily 3x leveraged exposure to a cap-weighted index of the 50 largest Chinese stocks traded in Hong Kong.
YINN Factset Analytics Insight
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, YINN means a heavy bet on financials, telecoms, and energy firms. YINN rebalances its leveraged exposure daily, so over the long haul, compounding effects can lead to profound differences in expected returns relative to the index. YINN shows strong daily trading, with small spreads. YINN's expense ratio may be high by unlevered ETF standards, but is fairly average when compared with other 3x leveraged funds, and most investors won't stick around long enough to realize those high holding costs.
YINN CHARTS AND PERFORMANCE
-
1 Month
-
3 Months
-
YTD
-
1 Year
-
3 Years
-
5 Years
-
Max
YINN Summary Data
YINN Portfolio Data
YINN Fund Structure
YINN Tax Exposures
YINN Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of YINN. YINN is rated a N/A out of 5.
YINN Tradability
The data and information contained herein is not intended to be investment or tax advice. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided in the ETF.com Service is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. You should not use such information for purposes of any actual transaction without consulting an investment or tax professional.
ETF.com DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT OR OTHER ACTIONS NOR SHALL ETF.com HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE, FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY ETF.com OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR ETF.com.
[ETF.com DOES NOT PROVIDE ANY RESEARCH OPINIONS.] ETF.com MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, PRODUCTS OR SERVICES CONTAINED HEREIN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
Data provider:
Terms of Use