Direxion Daily FTSE China Bull 3X Shares (YINN)
- Previous Close
20.50 - Open
21.50 - Bid 21.30 x 2200
- Ask 21.34 x 800
- Day's Range
21.27 - 21.73 - 52 Week Range
13.40 - 46.87 - Volume
7,079,967 - Avg. Volume
6,602,685 - Net Assets 963.27M
- NAV 21.69
- PE Ratio (TTM) 3.94
- Yield 3.89%
- YTD Daily Total Return 3.42%
- Beta (5Y Monthly) 1.12
- Expense Ratio (net) 1.47%
The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds ("ETFs") that track the index, that, in combination, provide 3X daily leveraged exposure to the index, consistent with the fund's investment objective. The index consists of the 50 largest and most liquid public Chinese companies currently trading on the Hong Kong Stock Exchange. The fund is non-diversified.
Direxion Funds
Fund Family
Trading--Leveraged Equity
Fund Category
963.27M
Net Assets
2009-12-03
Inception Date
Performance Overview: YINN
Trailing returns as of 4/24/2024. Category is Trading--Leveraged Equity.
People Also Watch
Holdings: YINN
Top 2 Holdings (45.94% of Total Assets)
Sector Weightings
Recent News: YINN
Research Reports: YINN
Analyst Report: ASML Holding NV
Netherlands-based ASML Holdings N.V. provides advanced semiconductor capital equipment solutions. ASML manufactures ultraviolet lithography systems critical to the production of integrated circuits. The company, based in Europe's top technology hub near Eindhoven, has operations in Europe, the Americas, and Asia, and employs 33,000 people. The company supplies both primary semiconductor companies such as Intel and Samsung as well as merchant foundry companies such as Taiwan Semiconductor. Together with its partners, ASML is driving the development of more affordable, more powerful, and more energy-efficient chips and devices.
RatingPrice TargetMarket Update: MAN, ASML
U.S. stocks rose on Monday morning following last week's selloff. On the economic calendar this week are flash PMI readings for April on Tuesday, durable goods orders on Wednesday, U.S. 1Q GDP and pending home sales on Thursday, and consumer sentiment on Friday. Tesla shares are down ahead of its quarterly earnings tomorrow on news that the company cut prices by up to $2000 on several of its vehicles. The Dow was up 0.4%, the S&P 500 rose 0.5% and the Nasdaq gained 0.6%. Crude oil is trading above $83 per barrel and gold fell $64 to $2349 per ounce.
Analyst Report: ASML Holding N.V.
ASML is the leader in photolithography systems used in the manufacturing of semiconductors. Photolithography is the process in which a light source is used to expose circuit patterns from a photo mask onto a semiconductor wafer. The latest technological advances in this segment allow chipmakers to continually increase the number of transistors on the same area of silicon, with lithography historically representing a high portion of the cost of making cutting-edge chips. ASML outsources the manufacturing of most of its parts, acting like an assembler. ASML’s main clients are TSMC, Samsung, and Intel.
RatingPrice TargetAnalyst Report: Tencent Holdings Limited
Tencent is arguably the most influential internet firm in China as one can hardly go by a day without using its products. Tencent is the world's largest video game vendor and owns the world's top-grossing mobile game--Honor of Kings. Tencent also runs China's largest social media super app--WeChat. The app is now part of the fabric of life for Chinese people who use it to chat, shop, watch videos, play games, order food and taxis, and more. Equally as impressive as its own portfolio, Tencent is also among the world's largest venture capital and investment corporations. The firm is now one of the largest shareholders in leading tech companies like Meituan, JD, DiDi, Snap, PDD, Kuaishou, Epic Games, and more.
RatingPrice Target