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

ETF Overview

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.

Key Stats

• Today's Range: $25.53 to $26.35
• 50-Day Range: $25.18 to $32.78
• 52-Week Range: $24.50 to $188.06
• Volume: 2.81 million shs
• Average Volume: 2.54 million shs
• Market Capitalization: $235.60 million
• Assets Under Management: $231.96 million
• Dividend Yield: 11.20%
• Net Expense Ratio: 1.02%
• Aggregate Rating: N/A

YANG ETF - Frequently Asked Questions

How have YANG shares performed this year?

Direxion Daily FTSE China Bear 3X Shares' stock was trading at $70.00 at the beginning of the year. Since then, YANG shares have decreased by 63.3% and is now trading at $25.72.

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

Direxion Daily FTSE China Bear 3X Shares shares reverse split before market open on Monday, November 4th 2024.The 1-20 reverse split was announced on Friday, October 11th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, October 31st 2024. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

Who are Direxion Daily FTSE China Bear 3X Shares' major shareholders?

Top institutional investors of Direxion Daily FTSE China Bear 3X Shares include Group One Trading LLC (3.13%), Jump Financial LLC (1.57%), Jane Street Group LLC and Simplex Trading LLC (0.60%).

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.

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

Based on aggregate information from My MarketBeat watchlists, some other companies that Direxion Daily FTSE China Bear 3X Shares investors own include Meta Platforms (META), Tesla (TSLA), ProShares UltraPro QQQ (TQQQ), ProShares UltraShort Bloomberg Natural Gas (KOLD), ProShares UltraPro Short QQQ (SQQQ), Direxion Daily FTSE China Bull 3X Shares (YINN) and Athersys (ATHX).

Fund Details

• Issuer: Direxion
• Fund Name: Direxion Daily FTSE China Bear 3X Shares
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:YANG
• Inception Date: 12/3/2009
• Fund Manager: Paul Brigandi, Tony Ng
• Web: www.direxionshares.com
• 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: 9

Fund Statistics

• Assets Under Management: $231.96 million
• Average Daily Volume: $2.09 million
• Discount/Premium: -0.03%
• 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: 2,345
• Put Options: 572
• Call Options: 1,773
• Short Interest: 1,090,000 shs

Miscellaneous

• Outstanding Shares: 9,160,000
• Beta: -1.11
• Creation Unit: 50,000
• Creation Fee: $250.00