Direxion Daily FTSE China Bull 3X Shares (YINN)
| Assets | $1.59B |
| Expense Ratio | 1.47% |
| PE Ratio | 9.94 |
| Shares Out | 57.09M |
| Dividend (ttm) | $0.59 |
| Dividend Yield | 2.09% |
| Ex-Dividend Date | Sep 24, 2024 |
| Payout Ratio | 20.95% |
| 1-Year Return | +37.93% |
| Volume | 3,917,125 |
| Open | 27.61 |
| Previous Close | 27.80 |
| Day's Range | 27.49 - 28.65 |
| 52-Week Low | 13.40 |
| 52-Week High | 59.26 |
| Beta | 1.08 |
| Holdings | 12 |
| Inception Date | Dec 3, 2009 |
About YINN
Fund Home PageThe Direxion Daily FTSE China Bull 3X Shares (YINN) is an exchange-traded fund that is based on the FTSE China 50 Net Tax USD index. The fund provides daily 3x leveraged exposure to a market-cap-weighted index of the 50 largest Chinese stocks traded in Hong Kong. YINN was launched on Dec 3, 2009 and is issued by Direxion.
Top 10 Holdings
336.48% of assets| Name | Symbol | Weight |
|---|---|---|
| ISHARES CHINA LARGECAP ETF SWAP | n/a | 53.65% |
| iShares China Large-Cap ETF | FXI | 52.39% |
| ISHARES CHINA LARGECAP ETF SWAP | n/a | 48.06% |
| ISHARES CHINA LARGECAP ETF SWAP | n/a | 42.93% |
| ISHARES CHINA LARGECAP ETF SWAP | n/a | 41.33% |
| DREYFUS GOVT CASH MAN INS | n/a | 26.64% |
| ISHARES CHINA LARGECAP ETF SWAP | n/a | 24.77% |
| ISHARES CHINA LARGECAP ETF SWAP | n/a | 16.67% |
| GOLDMAN FINL SQ TRSRY INST 506 | n/a | 15.79% |
| ISHARES CHINA LARGECAP ETF SWAP | n/a | 14.25% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 24, 2024 | $0.030 | Oct 1, 2024 |
| Jun 25, 2024 | $0.119 | Jul 2, 2024 |
| Mar 19, 2024 | $0.049 | Mar 26, 2024 |
| Dec 21, 2023 | $0.393 | Dec 29, 2023 |
| Sep 19, 2023 | $0.065 | Sep 26, 2023 |
| Jun 21, 2023 | $0.236 | Jun 28, 2023 |
News
Monetary Policy Could Keep China Bulls, Bears in Limbo
In a continued effort to shore up economic growth, China is looking to ease monetary policy. This could keep bulls and bears in limbo depending on whether it produces tangible results.
YINN: Trading The China Stimulus Rally
YINN is for trading the short-term rally on expectations of new China macro stimulus, which is set to be announced next week. The underlying equity exposure (FXI) has 13% to 30% upside potential on co...
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...
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...
YINN ETF Sees Major Pre-Market Drop Following Significant Gains
The Direxion Daily FTSE China Bull 3X Shares ETF (YINN, Financial) experienced a dramatic pre-market decline of 33.5%, trading at $38.95. This follows a notable 13% gain in the previous session.
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...
YINN: Swing-Trading Tool For The Pros
The Direxion Daily FTSE China Bull 3X Shares ETF provides 300% exposure to the daily returns of Chinese equities. YINN ETF experienced massive gains in the past few months due to the 'positive convexi...
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.
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...