Direxion Daily FTSE China Bear 3X Shares (YANG)
| Assets | $3.69B |
| Expense Ratio | 1.09% |
| PE Ratio | n/a |
| Shares Out | 8.11M |
| Dividend (ttm) | $18.90 |
| Dividend Yield | 47.69% |
| Ex-Dividend Date | Mar 25, 2025 |
| Payout Ratio | n/a |
| 1-Year Return | -83.48% |
| Volume | 2,807,101 |
| Open | 38.62 |
| Previous Close | 36.86 |
| Day's Range | 38.66 - 39.82 |
| 52-Week Low | 8.32 |
| 52-Week High | 245.80 |
| Beta | -0.73 |
| Holdings | 7 |
| Inception Date | Dec 3, 2009 |
About YANG
Fund Home PageThe 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.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 25, 2025 | $0.25508 | Apr 1, 2025 |
| Dec 23, 2024 | $14.7096 | Dec 31, 2024 |
| Sep 24, 2024 | $1.620 | Oct 1, 2024 |
| Jun 25, 2024 | $2.3194 | Jul 2, 2024 |
| Mar 19, 2024 | $1.920 | Mar 26, 2024 |
| Dec 21, 2023 | $0.14032 | Dec 29, 2023 |
News
Top Performing Leveraged/Inverse ETFs: 03/23/2025
Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
Foreign Investment Should Keep China Bulls Appeased
The MSCI China Index is up more than 16% thus far this year. A push by the country's government to inject more foreign investment should keep bulls happy in the interim.
Tariffs Could Make Trading The Bearish Chinese YANG ETF Attractive
U.S. stocks hit record highs, while Chinese stocks lag, despite temporary boosts from 2024 stimulus; U.S.-China tensions may further pressure Chinese equities. The iShares China Large-Cap ETF saw a 52...
Hang Seng Index: Transforming Into A Medium-Term Bearish Trend Despite Improving Services PMI From China
Sentiment remains fragile in China and Hong Kong stock market even China services activities have improved in December. Weak market breadth and a persistent bearish trend of the Chinese yuan since Nov...
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...
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...
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 ...
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...
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...
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...
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...
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 ...
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.
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 ...
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...
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...
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...
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.
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...
