PortfoliosLab logo

Direxion Daily China 3x Bear Shares

YANG
ETF · Currency in USD
ISIN
US25490K8365
CUSIP
25490K836
Issuer
Direxion
Inception Date
Dec 3, 2009
Region
Emerging Asia Pacific (China)
Category
Leveraged Equities
Leveraged
3x
Expense Ratio
1.07%
Index Tracked
FTSE China 50 Index (-300%)
ETF Home Page
www.direxion.com
Asset Class
Equity

Asset Class Size

Large-Cap

Asset Class Style

Blend

YANGPrice Chart


Chart placeholderClick Calculate to get results

YANGPerformance

The chart shows the growth of $10,000 invested in Direxion Daily China 3x Bear Shares on Jan 5, 2010 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $31 for a total return of roughly -99.69%. All prices are adjusted for splits and dividends.


YANG (Direxion Daily China 3x Bear Shares)
Benchmark (S&P 500)

YANGReturns in periods

Returns over 1 year are annualized

PeriodReturn
1M-25.78%
6M10.59%
YTD-7.89%
1Y-26.80%
5Y-36.22%
10Y-39.26%

YANGMonthly Returns Heatmap


Chart placeholderClick Calculate to get results

YANGSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Direxion Daily China 3x Bear Shares Sharpe ratio is -0.33. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


YANG (Direxion Daily China 3x Bear Shares)
Benchmark (S&P 500)

YANGDividends

Direxion Daily China 3x Bear Shares granted a 0.00% dividend yield in the last twelve months, as of Oct 23, 2021. The annual payout for that period amounted to $0.00 per share.


PeriodTTM20202019201820172016201520142013201220112010
Dividend$0.00$0.11$0.60$0.37$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00

Dividend yield

0.00%0.68%1.54%0.56%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

YANGDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


YANG (Direxion Daily China 3x Bear Shares)
Benchmark (S&P 500)

YANGWorst Drawdowns

The table below shows the maximum drawdowns of the Direxion Daily China 3x Bear Shares. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Direxion Daily China 3x Bear Shares is 99.85%, recorded on Feb 17, 2021. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-99.85%Feb 9, 20102775Feb 17, 2021
-13.84%Feb 1, 20103Feb 3, 20103Feb 8, 20106
-12.62%Jan 5, 20105Jan 11, 20106Jan 20, 201011
-3.29%Jan 25, 20101Jan 25, 20101Jan 26, 20102

YANGVolatility Chart

Current Direxion Daily China 3x Bear Shares volatility is 56.06%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


YANG (Direxion Daily China 3x Bear Shares)
Benchmark (S&P 500)

Portfolios with Direxion Daily China 3x Bear Shares


Loading data...

More Tools for Direxion Daily China 3x Bear Shares