NYSEARCA:YANG

Direxion Daily FTSE China Bear 3X Shares (YANG) Price, Holdings, & News

$10.04
-0.56 (-5.28%)
(As of 04/24/2024 ET)
Today's Range
$9.99
$10.22
50-Day Range
$10.04
$14.10
52-Week Range
$7.45
$19.16
Volume
5.23 million shs
Average Volume
3.80 million shs
Market Capitalization
$119.78 million
Assets Under Management
$120.58 million
Dividend Yield
3.41%
Net Expense Ratio
1.00%

About Direxion Daily FTSE China Bear 3X Shares

Direxion Daily China Bear 3x Shares (the Fund) seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the BNY China Select ADR Index (the China Index). The China Index is a free float-adjusted capitalization-weighted index designed by the Bank of New York to track the performance of a basket of companies who have their primary equity listing on a stock exchange in China and which also have depositary receipts that trade on a United States exchange or on the National Association of Securities and Dealers Automated Quotation. Under normal circumstances, it focuses on creating short positions, by investing at least 80% of its net assets in the equity securities that comprise its underlying index and/or futures contracts; options on securities, indices and futures contracts; equity caps, collars and floors; forward contracts; repurchase agreements, and reverse repurchase agreements. The Fund’s investment adviser is Rafferty Asset Management LLC.

YANG Stock Price History

YANG ETF News Headlines

The system that called 2023’s top 7 stocks is at it again…
Look 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.
YANG: Avoid No Matter How Bearish You Are On China
Direxion Daily FTSE China Bear 3X Shares
The system that called 2023’s top 7 stocks is at it again…
Look 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.
See More Headlines
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Fund Details

Issuer
Direxion
Fund Name
Direxion Daily FTSE China Bear 3X Shares
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:YANG
Inception Date
12/3/2009
Fund Manager
Paul Brigandi, Tony Ng
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
FTSE China 50 Index
Category
Strategy
Focus
Emerging Markets
Development Level
Emerging Markets
Region
Asia-Pacific
Number of Holdings
12

Fund Statistics

Assets Under Management
$120.58 million
Average Daily Volume
$3.52 million
Discount/Premium
0.00%
Leveraged
-3.00

Administrator, Advisor and Custodian

Administrator
U.S. Bancorp Fund Services, LLC
Advisor
Rafferty Asset Management, LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
Foreside Fund Services, LLC
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
Optionable
Options Volume
3,033
Put Options
1,510
Call Options
1,523
Short Interest
3,600,000 shs

Miscellaneous

Beta
-2.98
Creation Unit
50,000
Creation Fee
$250.00
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Direxion Daily FTSE China Bear 3X Shares Expenses

TypeYANGEmerging Markets ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.74%0.54%0.50%0.51%
Other Expenses0.28%0.48%0.54%0.64%0.58%
Total Expense1.03%1.12%0.70%0.74%0.70%
Fee Waiver-0.03%-0.32%-0.54%-0.68%-0.57%
Net Expense1.00%0.97%0.60%0.58%0.58%

Direxion Daily FTSE China Bear 3X Shares (YANG) Holdings

Top 5 YANG Holdings

  • DREYFUS GOVT CASH MAN INS
    Holding Weight: 71.51%
  • GOLDMAN FINL SQ TRSRY INST 506
    Holding Weight: 31.78%
  • ISHARES CHINA LARGECAP ETF SWAP
    Holding Weight: -49.90%
  • ISHARES CHINA LARGECAP ETF SWAP
    Holding Weight: -116.31%
  • ISHARES CHINA LARGECAP ETF SWAP
    Holding Weight: -133.79%

YANG ETF - Frequently Asked Questions

How have YANG shares performed in 2024?

Direxion Daily FTSE China Bear 3X Shares' stock was trading at $12.80 at the beginning of the year. Since then, YANG stock has decreased by 21.6% and is now trading at $10.04.
View the best growth stocks for 2024 here
.

What does YANG invest in?

Direxion Daily FTSE China Bear 3X Shares is a equity fund issued by Direxion. YANG focuses on emerging markets investments and follows the FTSE China 50 Index. The fund's investments total to approximately $120.58 million assets under management.

What is the management fee for Direxion Daily FTSE China Bear 3X Shares?

Direxion Daily FTSE China Bear 3X Shares' management fee is 0.75% and has other expenses of 0.28%. However, YANG has a fee waiver of -0.03% to reimburse the expenses. The net expense ratio for YANG is 1.00%.

When did Direxion Daily FTSE China Bear 3X Shares' stock split?

Shares of Direxion Daily FTSE China Bear 3X Shares reverse split on Thursday, March 29th 2018. The 1-10 reverse split was announced on Wednesday, March 28th 2018. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, March 28th 2018. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

What other stocks do shareholders of Direxion Daily FTSE China Bear 3X Shares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Direxion Daily FTSE China Bear 3X Shares investors own include Coty (COTY), Designer Brands (DBI), Invesco Mortgage Capital (IVR), Cloudera (CLDR), Boxlight (BOXL), Energy Transfer (ET), H&R Block (HRB), WW International (WW), Bloomin' Brands (BLMN) and Bristol-Myers Squibb (BMY).

How do I buy shares of Direxion Daily FTSE China Bear 3X Shares?

Shares of YANG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:YANG) was last updated on 4/25/2024 by MarketBeat.com Staff

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