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CHAU vs. YINN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CHAU and YINN is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.7

Performance

CHAU vs. YINN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily CSI 300 China A Share Bull 2x Shares (CHAU) and Direxion Daily China 3x Bull Shares (YINN). The values are adjusted to include any dividend payments, if applicable.

-100.00%-90.00%-80.00%-70.00%-60.00%-50.00%-40.00%-30.00%JulyAugustSeptemberOctoberNovemberDecember
-62.37%
-97.65%
CHAU
YINN

Key characteristics

Sharpe Ratio

CHAU:

0.32

YINN:

0.55

Sortino Ratio

CHAU:

0.92

YINN:

1.48

Omega Ratio

CHAU:

1.14

YINN:

1.18

Calmar Ratio

CHAU:

0.25

YINN:

0.56

Martin Ratio

CHAU:

0.91

YINN:

1.87

Ulcer Index

CHAU:

22.03%

YINN:

29.44%

Daily Std Dev

CHAU:

63.41%

YINN:

99.89%

Max Drawdown

CHAU:

-79.21%

YINN:

-98.87%

Current Drawdown

CHAU:

-72.12%

YINN:

-97.70%

Returns By Period

In the year-to-date period, CHAU achieves a 8.80% return, which is significantly lower than YINN's 36.27% return.


CHAU

YTD

8.80%

1M

-4.46%

6M

14.24%

1Y

15.57%

5Y*

-7.17%

10Y*

N/A

YINN

YTD

36.27%

1M

0.57%

6M

19.33%

1Y

52.83%

5Y*

-41.15%

10Y*

-26.26%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


CHAU vs. YINN - Expense Ratio Comparison

CHAU has a 1.21% expense ratio, which is lower than YINN's 1.52% expense ratio.


YINN
Direxion Daily China 3x Bull Shares
Expense ratio chart for YINN: current value at 1.52% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.52%
Expense ratio chart for CHAU: current value at 1.21% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.21%

Risk-Adjusted Performance

CHAU vs. YINN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily CSI 300 China A Share Bull 2x Shares (CHAU) and Direxion Daily China 3x Bull Shares (YINN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for CHAU, currently valued at 0.32, compared to the broader market0.002.004.000.320.55
The chart of Sortino ratio for CHAU, currently valued at 0.92, compared to the broader market-2.000.002.004.006.008.0010.000.921.48
The chart of Omega ratio for CHAU, currently valued at 1.14, compared to the broader market0.501.001.502.002.503.001.141.18
The chart of Calmar ratio for CHAU, currently valued at 0.25, compared to the broader market0.005.0010.0015.000.250.56
The chart of Martin ratio for CHAU, currently valued at 0.91, compared to the broader market0.0020.0040.0060.0080.00100.000.911.87
CHAU
YINN

The current CHAU Sharpe Ratio is 0.32, which is lower than the YINN Sharpe Ratio of 0.55. The chart below compares the historical Sharpe Ratios of CHAU and YINN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.50JulyAugustSeptemberOctoberNovemberDecember
0.32
0.55
CHAU
YINN

Dividends

CHAU vs. YINN - Dividend Comparison

CHAU's dividend yield for the trailing twelve months is around 1.24%, more than YINN's 0.70% yield.


TTM2023202220212020201920182017201620152014
CHAU
Direxion Daily CSI 300 China A Share Bull 2x Shares
1.24%3.97%0.77%1.73%0.09%0.57%0.82%0.00%0.00%0.00%0.00%
YINN
Direxion Daily China 3x Bull Shares
0.70%4.17%1.16%0.73%0.76%1.38%1.02%1.11%0.00%0.00%0.19%

Drawdowns

CHAU vs. YINN - Drawdown Comparison

The maximum CHAU drawdown since its inception was -79.21%, smaller than the maximum YINN drawdown of -98.87%. Use the drawdown chart below to compare losses from any high point for CHAU and YINN. For additional features, visit the drawdowns tool.


-100.00%-90.00%-80.00%-70.00%-60.00%-50.00%JulyAugustSeptemberOctoberNovemberDecember
-72.12%
-97.70%
CHAU
YINN

Volatility

CHAU vs. YINN - Volatility Comparison

The current volatility for Direxion Daily CSI 300 China A Share Bull 2x Shares (CHAU) is 20.10%, while Direxion Daily China 3x Bull Shares (YINN) has a volatility of 30.51%. This indicates that CHAU experiences smaller price fluctuations and is considered to be less risky than YINN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%50.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
20.10%
30.51%
CHAU
YINN
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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