Direxion Daily China Bear 3X Shares (YANG)
| 45.94 Data as of May 17 |  -0.93 / -1.98%Today’s Change | 44.05 Today|||52-Week Range 100.00 | -12.08% Year-to-Date |
Investment Objective
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the BNY China Select ADR Index. The fund creates short positions by investing at least 80% of its assets in financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The index is a free float-adjusted capitalization-weighted index designed by the BNY Mellon to track the performance of a basket of companies who have their primary equity listing on a Chinese stock exchange or that also have depositary receipts that trade on a U.S. exchange or on the NASDAQ. The fund is non-diversified.
Latest YANG News
No recent news for Direxion Daily China Bear 3X Shares.
Performance
| 1 month | -28.04% | 3 years | -37.84% | |
| 3 months | -10.18% | 5 years | -- | |
| 1 year | -43.89% | Since inception | -35.06% |
Data through 05/18/2013
Quote Details
| Previous close | $46.87 |
| Open day’s range | -- – -- |
| Net asset value (NAV) | 45.81 (05/17/2013) |
| Daily volume | 2,996 |
| Average volume (3 months) | 7,897 |
Data as of 3:59pm ET, 05/17/2013
Peer Comparisonvs. Trading-inverse equity ETFs
| YANG | Category | |
|---|---|---|
| Performance 5-yr return | -- | -29.70% |
| Expense Gross exp ratio | 1.38% | 0.95% |
| Risk 5 year sharpe ratio | -- | -0.72 |
| Net assets | $8.8M | $144.7M |
| Average market cap | -- | -- |
| Average P/E | -- | -- |
| Dividend / Share | -- | 0.38% |
Competitors
| SH ProShares Short S&P500 |
| SDS ProShares UltraShort S&P500 |
| BXDB Barclays Short B Leveraged Inverse S&P 5... |
Holdings
Top 5 SectorsPortfolio weighting
| Business service | -- |
| Consumer goods | -- |
| Consumer service | -- |
| Energy | -- |
| Financial service | -- |
Top 10 HoldingsPortfolio weighting
| Holdings not available. |