YINN - Direxion Daily FTSE China Bull 3X Shares
| Previous Close | 20.73 |
| Open | 20.54 |
| Bid | 19.80 x 1300 |
| Ask | 19.68 x 800 |
| Day's Range | 19.53 - 20.59 |
| 52 Week Range | 14.23 - 26.93 |
| Volume | 2,993,883 |
| Avg. Volume | 1,588,722 |
| Net Assets | 375.21M |
| NAV | 19.87 |
| PE Ratio (TTM) | N/A |
| Yield | 1.37% |
| YTD Daily Total Return | -10.22% |
| Beta (5Y Monthly) | 3.46 |
| Expense Ratio (net) | 1.52% |
| Inception Date | 2009-12-03 |
- 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.
- Zacks
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.
- 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.
- 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 ...
- 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.
- Zacks
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 ...
