|Bid||46.45 x 1200|
|Ask||46.32 x 1100|
|Day's Range||44.88 - 47.24|
|52 Week Range||34.69 - 70.38|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||20.06%|
|Beta (5Y Monthly)||-2.03|
|Expense Ratio (net)||1.07%|
While value bargain hunters may look to the pullback in China as a buying opportunity, ETF investors should reconsider the urge. “For a long time I thought the market sentiment was so strong that we could overcome a mounting list of economic uncertainty,” Economist Mohamed El-Erian told CNBC. It’s going to paralyze China.
After scaling new highs to start the year on the initial U.S.-China trade deal, Wall Street is badly shaken by the fast-spreading coronavirus that has led to fears of a worldwide pandemic.
As Chinese markets plunged in the wake of heightened coronavirus fears, traders looked to inverse exchange traded funds to capitalize on the pullback in case of further weakening in China's economy. For example, the ProShares Short FTSEChina 50 (YXI) takes the simple inverse or -100% daily performance of the FTSE China 50 Index. The ProShares UltraShort FTSE China 50 (FXP) attempts to deliver double the daily inverse or -200% returns of the same index.
Chinese stocks suffered their largest one-day fall this year on reports that coronavirus has spread. Keep an eye on these inverse China ETFs.
While the U.S.-China trade deal is injecting a healthy dose of optimism in the markets, the economic health of both nations is saying another thing. For China, underlying weakness in the country’s economy ...
Stocks were roiled Friday amid speculation that President Donald Trump is considering a plan that would delist Chinese companies from major U.S. equity exchanges as part of a broader effort to limit U.S. ...
Life for the bulls was rough in August. Major averages bounded from one end of a trading range to the other on a seemingly daily basis, sectors fell in and out of favorability in mere moments, and a now ...
President Donald Trump and Chinese President Xi Jinping will meet at the G-20 summit in Japan, a get together that is widely expected to bring much anticipated relief to the trade tensions between the world's two largest economies. “What remains far more crucial about this meeting is whether it helps steer the increasingly complex relationship back on a familiar course or whether it stirs winds and currents that sweep us further off into uncharted waters,” according to a recent note by Christopher Smart of the Barings Investment Institute. Ahead of the G-20 meeting, there have some signs traders are betting on a favorable outcome and are using the triple-leveraged YANG to make those bets.
Persisting trade tensions with the U.S. are starting to affect China's job market, according to China’s top economic planning body. “Due to (the) impact from the continued increase of China-U.S. economic trade frictions and other uncertainties, recruitment demand for university graduates is tightening in internet, finance and other industries,” according to a statement to CNBC from a spokesperson for the National Development and Reform Commission (NDRC). Bearish exchange-traded funds (ETFs) like the Daily FTSE China Bear 3X Shares (YANG) could see strength if a languishing job market has broader effects on the country's economy.
If you want someone to paint a rosy picture of the global economy, you might not want to ask French Finance and Economy Minister Bruno Le Maire. At the G-20 Finance Ministers Meeting in Fukuoka, Japan, Le Maire cited the escalation of a U.S.-China trade war as the prime culprit. “We do not have the growth figures we should have because of the trade tensions between the U.S. and China,” Le Marie said.
Volatility and uncertainty has resulted in a strong demand for leveraged and inverse-leveraged ETFs as these could fetch outsized returns on quick market turns in a short span.
If the U.S.-China trade wars taught investors anything last week, it’s the notion that it’s profitable to be a bear. Gains were had for inverse exchange-traded funds (ETFs) of the leveraged variety. China ...
In the current environment, it is not surprising that YINN is getting drubbed while YANG is surging. On Monday, YINN plunged 10 percent on above-average volume, extending its one-week loss to just over 21 percent.
With trade tensions again running hot between the U.S. and China, stocks in both countries are being punished, but that scenario is putting the spotlight on a pair leveraged exchange-traded funds. What ...
Panda bears might be native to China, but it was exchange-traded fund (ETF) bears dwelling in the Chinese equities space on Tuesday with the Daily FTSE China Bear 3X Shares (YANG) . As the threat of trade wars permeated the capital markets, YANG was up 8.03 percent. U.S. President Donald Trump threatened to impose a higher an increase in existing tariffs on Chinese goods on Friday with the hope that it will force China's hand in relenting to a trade deal.
As the market is on its way to witness the worst month since December on renewed trade tensions, shorting the same with ETFs could be a good option.
Global economic fears on Friday took a back seat with data coming out of the United States revealing that the labor market remains robust, but the primary trigger event is still a U.S.-China trade deal ...