The Direxion Daily FTSE China Bear 3X Shares ETF, trading under the ticker YANG, is a distinctive financial instrument designed for investors seeking to capitalize on bearish movements within the Chinese equity market. This ETF is part of the Size and Style category, with a pronounced focus on Large Cap stocks, offering a unique vantage point for those interested in a broad-based approach to market dynamics.
YANG provides magnified exposure to the inverse performance of the FTSE China 50 Index, employing a leveraged strategy that aims to deliver three times the daily inverse return of the index. This makes it an essential tool for traders and investors who are looking to hedge against or profit from anticipated downturns in China's large-cap stock sector, which includes some of the most influential and sizeable companies driving the Chinese economy.
The fund's niche lies in its aggressive pursuit of returns through a sophisticated leverage mechanism, which is not for the faint-hearted but rather designed for seasoned investors with a high-risk tolerance and a keen eye for market timing. YANG is not just an ETF; it is a strategic asset for those aiming to navigate and potentially benefit from the volatile and ever-evolving landscape of the Chinese stock market.
Asset Class
Equity
Region
Asia-Pacific
Issuer
Direxion
Index Tracked
FTSE China 50 Net Tax USD Index
Ticker Symbol
YANG
Direxion Daily FTSE China Bear 3X Shares (YANG) Fund Flow Chart
Direxion Daily FTSE China Bear 3X Shares (YANG) 1 year Net Flows: 4B