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ETFs

Direxion Daily FTSE China Bull 3X Shares

YINN
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 03 2009
Expense Ratio
0.95%
Type
Global Ex. US Equities
Fund Owner
Direxion Shares
Volume (1m avg. daily)
$91,509,545
AUM
$742,192,279
Associated Index
FTSE China 50 Index
Inverse/Leveraged
Leveraged (3x)
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

FXI
BlackRock Institutional Trust Company N.A. - iShares China Large-Cap ETF
19.87%
n/a
DREYFUS GOVT CASH MAN INS
8.18%
n/a
GOLDMAN FINL SQ TRSRY INST 506
1.87%
n/a
GOLDMAN SACHS FIN GOV 465 INSTITUT
1.64%
Invest with YINN

What is YINN?

The Direxion Daily FTSE China Bull 3X Shares seeks daily investment results before fees and expenses of 300% 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.

ETFs related toYINN

ETFs correlated to YINN include FXI, MCHI, GXC

YINN
Direxion Shares ETF Trust - Direxion Daily FTSE China Bull 3X Shares
FXI
BlackRock Institutional Trust Company N.A. - iShares China Large-Cap ETF
MCHI
BlackRock Institutional Trust Company N.A. - iShares MSCI China ETF
GXC
SSgA Active Trust - SPDR S&P China ETF
CXSE
WisdomTree Trust - WisdomTree China ex-State-Owned Enterprises Fund
KWEB
KraneShares Trust - KraneShares CSI China Internet ETF
CWEB
Direxion Shares ETF Trust - Direxion Daily CSI China Internet Index Bull 2X Shares
CHIQ
Global X Funds - Global X MSCI China Consumer Discretionary ETF
EMQQ
Exchange Traded Concepts Trust - EMQQ The Emerging Markets Internet and Ecommerce ETF
AIA
BlackRock Institutional Trust Company N.A. - iShares Asia 50 ETF
CQQQ
Invesco Capital Management LLC - Invesco China Technology ETF

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.

Automated Strategies
Related toYINN

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with YINN using Composer

FAQ

YINN is a Global Ex. US Equities ETF. The Direxion Daily FTSE China Bull 3X Shares seeks daily investment results before fees and expenses of 300% 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.

YINN tracks the FTSE China 50 Index.

No, YINN is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, YINN is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on YINN is -0.0356%. This is the percent change in the value of YINN over the most recent 1-month period. The 3-month return on YINN is -0.1171%. This is the percent change in the value of YINN over the most recent 3-month period.

The standard deviation of YINN for the past year is 1.0238%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to YINN include FXP, XPP, and YXI.

ETFs correlated to YINN include FXI, MCHI, and GXC.

ETFs that are inversely correlated to YINN include YANG, EDZ, and EFZ.

Yes, YINN is a Leveraged (3x) ETF: This means that YINN will try to match the performance of FTSE China 50 Index, but with 3x the returns.

Yes, YINN is a Leveraged (3x) leveraged ETF: This means that {characteristics.Identifier} will try to match the performance of FTSE China 50 Index, but move 3x in the opposite direction.

Disclaimers

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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.