YINN - Direxion Daily FTSE China Bull 3X Shares

NYSEArca - Nasdaq Real Time Price. Currency in USD
20.32
+0.06 (+0.30%)
As of 1:41PM EDT. Market open.
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Previous Close20.26
Open20.28
Bid0.00 x 3000
Ask0.00 x 2200
Day's Range20.19 - 20.47
52 Week Range15.95 - 27.54
Volume714,075
Avg. Volume2,163,653
Net Assets387.51M
NAV20.31
PE Ratio (TTM)N/A
Yield1.63%
YTD Return17.91%
Beta (3Y Monthly)3.28
Expense Ratio (net)1.52%
Inception Date2009-12-03
Trade prices are not sourced from all markets
  • Benzinga21 days ago

    Ahead Of G-20 Summit, Leveraged China ETF Stirs

    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.

  • ETF Trends29 days ago

    China’s Job Market Faces Pressure Amid Trade Deal Impasse with U.S.

    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.

  • ETF Trendslast month

    Trade War Could Trigger Global Crisis, Says French Finance Minister

    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.

  • Benzinga2 months ago

    Something Interesting Is Happening With Leveraged China ETFs

    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.

  • Benzinga2 months ago

    Time For These China ETFs To Shine

    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 ...

  • ETF Trends2 months ago

    China Bears Find a Home in “YANG” ETF

    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.

  • How to trade stocks as Trump threatens China with new tariffs
    MarketWatch2 months ago

    How to trade stocks as Trump threatens China with new tariffs

    A question for investors today is how they want to react to President Trump threatening to put more tariffs on Chinese goods. Let’s explore the issue with the help of a chart. Chart Please click here for an annotated chart of ETF S&P 500 ETF (SPY) which represents the S&P 500 Index (SPX) Please note the following: • The Chinese are notorious for dragging out negotiations to get the best deal.

  • ETF Trends3 months ago

    Take Advantage of These Leveraged ETFs as Trade Talks Wind Down

    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 ...

  • ETF Trends4 months ago

    For Leveraged-Inverse Plays, Don’t Forget China and Robots

    Two areas, in particular, are in China and robotics. While ongoing trade negotiations between the U.S. and China have the capital markets eagerly anticipating a tangible trade deal, stimulus measures by the Chinese government to prop up the domestic economy are starting to take its effect. A mix of Chinese stimulus measures have been providing the fodder for economic growth, such as lower taxes, no corporate tax breaks, monetary policy adjustments, and more market access for foreign companies to set up shop.

  • ETF Trends4 months ago

    China’s Economic Reality: Growth vs. Demand

    China ETFs are benefitting after index provider MSCI Inc. announced it would quadruple its weighting of large-cap Chinese shares in its benchmark indexes. ETFs like the Direxion Daily FTSE China Bull 3X ...

  • Bet on Surging China Stocks With These Leveraged ETFs
    Zacks4 months ago

    Bet on Surging China Stocks With These Leveraged ETFs

    Amid bullishness, many investors have turned confident on China stocks and are seeking to tap this opportunity with a leveraged play.

  • ETF Trends5 months ago

    China ETFs Rise After MSCI Quadruples Weighting of Large-Cap Chinese Shares

    China ETFs went higher on Friday after index provider MSCI Inc. announced it would quadruple its weighting of large-cap Chinese shares in its benchmark indexes. China ETFs went higher, such as the iShares China Large-Cap ETF (NYSEArca: FXI) was up 1.11% and the iShares MSCI China ETF (MCHI) rose 0.82 percent. For traders, the Direxion Daily FTSE China Bull 3X ETF (YINN) rose about 3 percent. In a press release on Thursday, MSCI Inc. announced it would increase the weight of China A shares in the MSCI Indexes by increasing the inclusion factor from 5% to 20% in three steps.

  • 6 Leveraged ETFs to Play Trade, Oil and Shutdown Hopes
    Zacks5 months ago

    6 Leveraged ETFs to Play Trade, Oil and Shutdown Hopes

    Optimism is prevailing around U.S.-Sino trade, oil price and U.S. government shutdown. This should boost the following leveraged ETFs.

  • ETF Trends5 months ago

    Leveraged China ETF Falls as Trump-Xi Trade Meeting “Highly Unlikely”

    With the U.S.-China trade truce nearing its 90-day deadline, a meeting between U.S. President Donald Trump and Chinese President Xi Jinping appears “highly unlikely,” per a report by CNBC. This caused ...

  • ETF Trends7 months ago

    China President’s Speech Unable to Spark Asian Markets

    The Asian markets didn't receive Chinese President Xi Jinping's rousing speech on the economic progress of China warmly as the major indexes fell following the hour-and-a-half-long discourse at Beijing's Great Hall of the People on Tuesday. Xi's superlatives included future initiatives that will come in the form of "miracles that will impress the world." However, the Asian markets were anything, but impressed. "Asian markets followed the US lower overnight as Japan’s Nikkei led the way down, finishing lower by 1.8%.

  • Time to Trade China Bull ETFs?
    Investopedia7 months ago

    Time to Trade China Bull ETFs?

  • ETF Trends7 months ago

    Further China Stimulus Measures Could Fuel this Leveraged ETF

    While a trade deal between the United States and China could give  Direxion Daily FTSE China Bull 3X ETF (YINN) traders the trigger event for positive gains, a second catalyst could come in the form of stimulus measures to nudge the country's economy forward. Last Friday, capital markets in China were flush with red as the country reported that industrial output and retail sales growth numbers for November fell short of expectations–a sign that China’s economy is losing its forward momentum. The weaker data also reflects the ramifications of the ongoing trade war with the United States, which could play heavily in trade discussions moving forward as China may be forced to give up more concessions to make a deal.

  • ETF Trends7 months ago

    Leveraged China Bull ETF Lifted on Trade Deal Progress

    The  Direxion Daily FTSE China Bull 3X ETF (YINN) got lifted on Tuesday as news outlets were flush with mostly positive news on U.S.-China trade talks progressing in the right direction. As the rest of the stock market toiled over volatility, YINN was up over 3 percent. The Dow Jones Industrial Average climbed over 200 points on Tuesday on renewed optimism that a permanent trade deal between the United States and China was progressing based on a Bloomberg report that China would slash the current 15 percent tariff on cars to 40 percent.

  • Why to Buy These Leveraged ETFs Ahead?
    Zacks7 months ago

    Why to Buy These Leveraged ETFs Ahead?

    U.S.-Sino trade truce,,easing worries of an oil supply glut and an apparently dovish Fed will likely support these leveraged ETFs.

  • ETF Trends8 months ago

    G-20 Summit Will Be Key Mover for Leveraged China ETFs

    A meeting with high-level officials doesn't get any higher when U.S. President Donald Trump and Chinese President Xi Jinping will be in the same room at the G-20 Summit scheduled to take place on November 30 in Buenos Aires. An October replete with sell-offs and a start to November that saw U.S. equities rally following the conclusion of the U.S. midterm elections was followed up by the return of trade wars racking the markets. Escalating trade tensions resumed when reports surfaced that President Donald Trump is threatening to install more tariffs, particularly on vehicles manufactured overseas.

  • ETF Trends8 months ago

    3 Issues to Watch that Could Affect Leveraged China ETFs

    An October replete with sell-offs and a start to November that saw U.S. equities rally following the conclusion of the U.S. midterm elections was followed up by the return of trade wars racking the markets as the Dow Jones Industrial fell by as much as 500 points on Monday. Doing much of the damage was reports that U.S. President Donald Trump is threatening to install more tariffs, particularly on vehicles manufactured overseas. President Trump has considered implementing a 25% tariff on cars made overseas in the beginning of the year, but resistance from auto manufacturers and international governments have largely put those efforts on hold.

  • ETF Trends8 months ago

    How to Prep for More Declines in Chinese Stocks

    One of the primary reasons emerging markets stocks and exchange traded funds are struggling this year is slumping Chinese shares. Some traders are forecasting more declines for Chinese equities, which could benefit the   Direxion Daily FTSE China Bear 3X ETF (YANG) . YANG looks to deliver triple the daily inverse returns of the FTSE China 50 Index (TXIN0UNU).

  • ETF Trends9 months ago

    Bulls Overtake Bears in Race Between Leveraged China ETFs

    China's latest GDP numbers may have slowed to 6.5% year-over-year in the third quarter, missing expectations of 6.6%, but the Direxion Daily FTSE China Bull 3X ETF (YINN) is up 4.56%. The bulls overtaking the bears was evident in the biggest China ETFs based on total assets--iShares China Large-Cap ETF (NYSEArca: FXI) was up 2.07%, iShares MSCI China ETF (MCHI) rose 1.48% and KraneShares CSI China Internet ETF (KWEB) gained slightly at 0.10% as of 2:45 p.m. ET. Chinese regulators have already sought measures to defuse risks related to shares used as collateral for loans, while the recent declines in the country's stock market have created a good buying opportunity, Liu a member of the politburo of the ruling Communist Party of China, told the People's Daily - the party mouthpiece.

  • Is Risk-to-Reward for China Finally Too Attractive to Pass Up?
    Market Realist9 months ago

    Is Risk-to-Reward for China Finally Too Attractive to Pass Up?

    Emerging markets have lagged the United States in 2018, and China has been one of the weakest performers. Tariffs have caused the Chinese economy to slow, and there does not appear to be an end to the pain in sight. Investors could choose to pick individual stocks to gain exposure to China or take a more diversified approach by selecting an ETF, such as the Daily FTSE China Bull 3X Shares (YINN).