YINN - Direxion Daily FTSE China Bull 3X Shares

NYSEArca - NYSEArca Delayed Price. Currency in USD
17.89
+0.10 (+0.56%)
At close: 4:00PM EST
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Previous Close17.79
Open17.83
Bid18.00 x 3000
Ask18.00 x 3000
Day's Range17.74 - 17.97
52 Week Range14.23 - 26.93
Volume1,235,556
Avg. Volume1,512,767
Net Assets331.21M
NAV17.91
PE Ratio (TTM)N/A
Yield1.25%
YTD Daily Total Return3.67%
Beta (3Y Monthly)3.38
Expense Ratio (net)1.52%
Inception Date2009-12-03
  • ETF Trends

    A Bearish Play in China’s Economy Via This Leveraged Inverse ETF

    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 ...

  • ETF Database

    Sell on the Pop Prospects: October 17 Edition

    Here is a look at ETFs that currently offer attractive short selling opportunities. The ETFs included in this list are rated as sell candidates for two reasons. First, each of these funds is deemed to be in a downtrend based on the fact that its 50-day moving average is below its 200-day moving average, which are popular indicators for gauging long-term and medium-term trends, respectively. Second, each of these ETFs is also trading above its 20-day moving average, thereby offering a near-term 'sell on the pop' opportunity given the longer-term downtrend at hand. Note that this prospects list also features a liquidity screen by excluding ETFs with average trading volumes below the one million shares mark. As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques. To get access to all ETFdb.com premium content, sign up for a free 14-day trial to ETFdb.com Pro.

  • 5 Top-Performing Leveraged ETFs of Last Week
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    5 Top-Performing Leveraged ETFs of Last Week

    We have highlighted the five best leveraged equity ETFs of last week that could continue to be investors' darlings.

  • ETF Trends

    China’s Expanding Tech Sector Could Boost This ETF

    Whether a positive trade deal results or not, China will continue with its ever-expanding technology initiatives, which bodes well for tech-focused exchange-traded funds (ETFs). “Social commerce is all about online shopping and sharing and prizes and games,” said Fannin.

  • 3 ETFs to Watch Amid China's 70th National Day Celebrations
    Investopedia

    3 ETFs to Watch Amid China's 70th National Day Celebrations

    China celebrates 70 years of Communist Party rule today. Here are three ETFs traders need to watch as the week-long celebration continue.

  • ETF Trends

    Second Round of China A Shares Inclusion Completes

    Investors will have more investment options to choose from when considering China equities as the second round of its quality issues, China A Shares, is included in the FTSE Russell global equity indexes. China A Shares will represent approximately c.

  • How to invest in — or avoid — what makes China China
    MarketWatch

    How to invest in — or avoid — what makes China China

    One ETF that purports to offer access to better run private sector companies in China that are better run may make things more confusing for investors, not less.

  • ETF Database

    Sell on the Pop Prospects: September 18 Edition

    Here is a look at ETFs that currently offer attractive short selling opportunities. The ETFs included in this list are rated as sell candidates for two reasons. First, each of these funds is deemed to be in a downtrend based on the fact that its 50-day moving average is below its 200-day moving average, which are popular indicators for gauging long-term and medium-term trends, respectively. Second, each of these ETFs is also trading above its 20-day moving average, thereby offering a near-term 'sell on the pop' opportunity given the longer-term downtrend at hand. Note that this prospects list also features a liquidity screen by excluding ETFs with average trading volumes below the one million shares mark. As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques. To get access to all ETFdb.com premium content, sign up for a free 14-day trial to ETFdb.com Pro.

  • Benzinga

    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 Trends

    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 Trends

    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.

  • Benzinga

    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.

  • Benzinga

    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 Trends

    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.

  • ETF Trends

    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 Trends

    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 Trends

    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
    Zacks

    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 Trends

    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
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    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 Trends

    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 Trends

    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%.

  • ETF Trends

    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.