Snapshot*
Top 10 Holdings
What is YANG?
The Direxion Daily FTSE China Bear 3X Shares seeks daily investment results before fees and expenses of 300% of the inverse (or opposite) of the price performance of the FTSE China 50 Index (the China Index). There is no guarantee the fund will meet its stated investment objective. The FTSE China 50 Index (TXIN0UNU) consists of the 50 largest and most liquid public Chinese companies currently trading on the Hong Kong Stock Exchange ( SEHK ). Securities in the Index are weighted based on the total market value of their shares, so that securities with higher total market values will generally have a higher representation in the Index.
YANGPerformance Measures**
for the time period Sep 1, 2010 to Jul 23, 2026
1M Trailing Return: -14.1%
The percent change in the value over the most recent 1-month period.
3M Trailing Return: 13.0%
The percent change in the value over the most recent 3-month period.
Max Drawdown: -100.0%
The greatest percent loss from peak to trough in value over the time period.
Standard Deviation: 78.5%
The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.
Sharpe Ratio: -0.19
The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.
Calmar Ratio: -0.38
The annualized return divided by the max drawdown for the selected time period.
ETFs related toYANG
ETFs correlated to YANG include EDZ, EFZ, EPV
What is ETF correlation?
Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.
Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.
Using ETF correlations in portfolio and strategy construction
ETF correlations can help you create investing strategies and portfolios. Use them to:
- •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
- •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
- •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.
Trading Strategies
Related toYANG
LBT New WAM Collection
Category
Tactical, multi-asset, mean reversion, volatility targeting, leveraged ETFs, inverse ETFs, crash detection, daily rebalance
OOS Cumulative Return
323.8%
Yinn/Yang ftlt using eem from 2007 @ 2 Sharpe | Version 2
Category
China exposure, Emerging Markets, Tactical momentum, Trend/RSI signals, Leveraged ETFs, Daily rebalance, Risk-managed
OOS Cumulative Return
301.34%
Create your own algorithmic trading strategy with YANG using Composer
FAQ
Disclaimers
We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.
We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.