PortfoliosLab logo
CNXT vs. YINN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CNXT and YINN is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

CNXT vs. YINN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors ChinaAMC SME-ChiNext ETF (CNXT) and Direxion Daily China 3x Bull Shares (YINN). The values are adjusted to include any dividend payments, if applicable.

Loading data...

Key characteristics

Sharpe Ratio

CNXT:

0.28

YINN:

0.43

Sortino Ratio

CNXT:

0.81

YINN:

1.25

Omega Ratio

CNXT:

1.12

YINN:

1.17

Calmar Ratio

CNXT:

0.21

YINN:

0.38

Martin Ratio

CNXT:

0.47

YINN:

1.04

Ulcer Index

CNXT:

29.95%

YINN:

35.49%

Daily Std Dev

CNXT:

54.69%

YINN:

104.59%

Max Drawdown

CNXT:

-68.98%

YINN:

-98.87%

Current Drawdown

CNXT:

-55.53%

YINN:

-96.97%

Returns By Period

In the year-to-date period, CNXT achieves a -3.33% return, which is significantly lower than YINN's 31.69% return. Over the past 10 years, CNXT has outperformed YINN with an annualized return of -7.32%, while YINN has yielded a comparatively lower -27.91% annualized return.


CNXT

YTD

-3.33%

1M

4.96%

6M

-8.88%

1Y

15.07%

3Y*

-6.00%

5Y*

-1.05%

10Y*

-7.32%

YINN

YTD

31.69%

1M

14.08%

6M

33.66%

1Y

44.10%

3Y*

-20.19%

5Y*

-30.62%

10Y*

-27.91%

*Annualized

Compare stocks, funds, or ETFs

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


CNXT vs. YINN - Expense Ratio Comparison

CNXT has a 0.65% expense ratio, which is lower than YINN's 1.52% expense ratio.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

CNXT vs. YINN — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CNXT
The Risk-Adjusted Performance Rank of CNXT is 3535
Overall Rank
The Sharpe Ratio Rank of CNXT is 2929
Sharpe Ratio Rank
The Sortino Ratio Rank of CNXT is 4545
Sortino Ratio Rank
The Omega Ratio Rank of CNXT is 5151
Omega Ratio Rank
The Calmar Ratio Rank of CNXT is 2828
Calmar Ratio Rank
The Martin Ratio Rank of CNXT is 2323
Martin Ratio Rank

YINN
The Risk-Adjusted Performance Rank of YINN is 5151
Overall Rank
The Sharpe Ratio Rank of YINN is 4141
Sharpe Ratio Rank
The Sortino Ratio Rank of YINN is 7171
Sortino Ratio Rank
The Omega Ratio Rank of YINN is 7070
Omega Ratio Rank
The Calmar Ratio Rank of YINN is 4242
Calmar Ratio Rank
The Martin Ratio Rank of YINN is 3333
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CNXT vs. YINN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors ChinaAMC SME-ChiNext ETF (CNXT) 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.


The current CNXT Sharpe Ratio is 0.28, which is lower than the YINN Sharpe Ratio of 0.43. The chart below compares the historical Sharpe Ratios of CNXT 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.


Loading data...

Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

CNXT vs. YINN - Dividend Comparison

CNXT's dividend yield for the trailing twelve months is around 0.15%, less than YINN's 1.56% yield.


TTM20242023202220212020201920182017201620152014
CNXT
VanEck Vectors ChinaAMC SME-ChiNext ETF
0.15%0.15%0.00%0.00%9.23%0.01%0.45%0.00%0.19%0.00%0.00%0.00%
YINN
Direxion Daily China 3x Bull Shares
1.56%1.81%4.17%1.16%0.73%0.76%1.38%1.02%1.11%0.00%0.00%0.19%

Drawdowns

CNXT vs. YINN - Drawdown Comparison

The maximum CNXT drawdown since its inception was -68.98%, smaller than the maximum YINN drawdown of -98.87%. Use the drawdown chart below to compare losses from any high point for CNXT and YINN.


Loading data...

Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

CNXT vs. YINN - Volatility Comparison

The current volatility for VanEck Vectors ChinaAMC SME-ChiNext ETF (CNXT) is 7.34%, while Direxion Daily China 3x Bull Shares (YINN) has a volatility of 18.58%. This indicates that CNXT 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.


Loading data...