Direxion Daily FTSE China Bear 3X Shares (YANG)

NYSEARCA: YANG · Real-Time Price · USD
3.690
+0.050 (1.37%)
Oct 31, 2024, 4:00 PM EDT - Market closed
1.37%
Assets $192.51M
Expense Ratio 1.09%
PE Ratio n/a
Shares Out 54.63M
Dividend (ttm) $0.43
Dividend Yield 11.74%
Ex-Dividend Date Sep 24, 2024
Payout Ratio n/a
1-Year Return -68.00%
Volume 23,390,444
Open 3.680
Previous Close 3.640
Day's Range 3.670 - 3.810
52-Week Low 2.390
52-Week High 19.160
Beta -0.80
Holdings 7
Inception Date Dec 3, 2009

About YANG

Fund Home Page

The Direxion Daily FTSE China Bear 3X Shares (YANG) is an exchange-traded fund that is based on the FTSE China 50 Net Tax USD index. The fund provides daily 3x inverse leveraged exposure to a market-cap-weighted index of the 50 largest Chinese stocks traded in Hong Kong. YANG was launched on Dec 3, 2009 and is issued by Direxion.

Asset Class Equity
Category Trading--Inverse Equity
Region Asia-Pacific
Stock Exchange NYSEARCA
Ticker Symbol YANG
ETF Provider Direxion
Index Tracked FTSE China 50 Net Tax USD Index

Dividends

Ex-Dividend Amount Pay Date
Sep 24, 2024 $0.08128 Oct 1, 2024
Jun 25, 2024 $0.11597 Jul 2, 2024
Mar 19, 2024 $0.09558 Mar 26, 2024
Dec 21, 2023 $0.14032 Dec 29, 2023
Sep 19, 2023 $0.08987 Sep 26, 2023
Jun 21, 2023 $0.07973 Jun 28, 2023
Full Dividend History

News

Where The Money Is Flowing In ETFs After China's Stimulus Package

China's stimulus plan head lead to big fund flows in ETFs. The trend towards private asset ETFs continues to gain steam.

3 days ago - Seeking Alpha

Volatility in China Stocks Opens the Door for 2 ETFs

Economic news coming out of China will certainly add a heavy dose of volatility to its equities. That should open the door for traders to maximize their profit potential in China stocks using leverage...

Other symbols: YINN
10 days ago - ETF Trends

China's Macro Melt-Up: Red Envelope, Red Herring, Or Red Flag?

Chinese equities have surged due to recent dovish measures by the PBoC, creating unique market dynamics and opportunities for investors. China has major looming economic issues thanks to its malinvest...

Other symbols: FXIMCHIYINN
17 days ago - Seeking Alpha

Bulls Flood China Equities, Bears Lie in Wait

Investors have been praising China's efforts to jump-start its economy. But the question now is, how long will it last?

Other symbols: YINN
22 days ago - ETF Trends

China's Policy Measures: A Pivotal Week?

China's policymakers have announced a significant package of easing measures designed to lift China from a state of entrenched economic weakness. The reception from global markets has been very positi...

4 weeks ago - Seeking Alpha

Interest in Emerging Markets Growing Ahead of Rate Cuts

With U.S. Federal Reserve rate cuts looming, emerging markets (EM) are garnering interest from capital markets. This gives traders various options when looking at profitable opportunities in the EM sp...

Other symbols: EDCEDZINDLYINN
6 weeks ago - ETF Trends

China's Data Dump Shows That Time Is Running Out To Achieve This Year's Growth Target

Data largely came in weaker than already cautious forecasts, and with a less supportive base effect, we will need to see a significant stimulus push to reach this year's growth target. Looking at the ...

6 weeks ago - Seeking Alpha

China In 3D

The Shenzhen A shares index, a bellwether of mainland Chinese equities, is down 32 percent from its 2-year high set in February of last year. China's demographic problems begin and end with its depend...

6 weeks ago - Seeking Alpha

China's Stalling Credit Market Signals an Era Of Stagnation

The latest figures published by the People's Bank of China show that credit and liquidity are stalling as demand for new loans declines. Deteriorating confidence in China's prospects explains why hous...

2 months ago - Seeking Alpha

China's Key Growth Indicators Continue To Present A Case For Further Policy Easing

Data came in generally in line or slightly weaker than forecasts, as weak confidence continued to depress investment and consumption. New home prices fell by -0.65% MoM in July, compared to a -0.67% M...

2 months ago - Seeking Alpha

The Chinese Economy Is In Trouble, Here Are The Warning Signs

China has been hit with two major crises as their financial and real estate sectors collapse simultaneously. Deflation, unemployment, divestiture, and lowered consumption are affecting all levels of s...

2 months ago - Seeking Alpha

China's Credit Activity Remained Weak In July

New aggregate financing and loans both missed forecasts again in July amid high real interest rates and limited borrowing appetite. New RMB loans fell into contraction at RMB 770.8bn, lowering the yea...

2 months ago - Seeking Alpha

China Struggles

China's stock market has been mired in a long and steady downtrend for several years. In February, there was a brief respite from the selling as the Shanghai Composite bounced just over 20% through Ma...

4 months ago - Seeking Alpha

China's Sluggish May Economic Data To Increase Calls For Rate Cuts

The People's Bank of China kept the one-year medium-term lending facility rate unchanged at 2.5% today, in line with market expectations. We believe that in conjunction with today's data releases and ...

4 months ago - Seeking Alpha

China Accelerates Policy Support Rollout Amid Mixed Data

Key economic indicators are mixed in China and, in fact, were mostly weaker than expected last month. So, policymakers are now stepping up support for the property sector in particular.

5 months ago - Seeking Alpha

China's May PMI Disappointed As Manufacturing Fell Back Into Contraction

Manufacturing sector PMI fell back into contraction amid weak orders and slowing production. Given a fairly strong positive correlation between the data, the disappointing PMI release sends a warning ...

5 months ago - Seeking Alpha

Thinking Hard About The China Overproduction Narrative

Concerns about “overcapacity” arise primarily for goods linked to high-wage jobs, not for low-wage industries like clothing or toys. China sees its success as a result of a system that blends state co...

5 months ago - Seeking Alpha

China's Economy Is Not In A Great Decline But A Great Transition

China's near-term challenges and long-term uncertainties are plentiful, but the widespread pessimism towards the Chinese economy and markets feels excessive.

7 months ago - Seeking Alpha

PBOC Held Rates Steady In March

The PBOC held the 1-year medium-term lending facility (MLF) rate at 2.5% in March. The PBOC remains on a dovish tilt, but depreciation pressure on the RMB limits room for monetary easing in China befo...

8 months ago - Seeking Alpha

Enter The Dragon: Parsing Lunar New Year Opportunities Among Emerging Markets

China and Hong Kong markets had a humbling 2023 with equities down more than 10%. Beijing has also begun stepping up tourism and travel promotions, granting visa-free entry to 11 countries, with Singa...

9 months ago - Seeking Alpha

China: January 2024 CPI Inflation Fell To The Lowest Level Since 2009, Likely To Mark The Bottom

China's January CPI inflation was weaker than forecast at -0.8% YoY, which marks the lowest level since September 2009. We expect this to mark the bottom of the current cycle.

9 months ago - Seeking Alpha

YANG: Avoid No Matter How Bearish You Are On China

China's regulatory crackdowns, tensions with the US, and slowing economic growth create risks for investors in China's equity markets. Direxion Daily FTSE China Bear 3X Shares is a fund to avoid due t...

9 months ago - Seeking Alpha

Why China May Need To Do More To Boost Investor Confidence

Why China May Need To Do More To Boost Investor Confidence

9 months ago - Seeking Alpha

China Begins Year Of The Dragon With Weak Economic Momentum

The Chinese economy is stabilising, but the only fireworks will come from the new year celebrations, which begin on February 11, as momentum remains weak. China's GDP growth for the fourth quarter ros...

9 months ago - Seeking Alpha

China Growth Could Slow Amid Limited Policy Options

While recent policy announcements and data surprises have generated some optimism, we maintain a cautious stance on China's economic prospects. We believe weak consumption trends, a downbeat labor mar...

9 months ago - Seeking Alpha