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

Correlation

The correlation between EDC and YINN is 0.85, 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.


-0.50.00.51.00.8

Performance

EDC vs. YINN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Emerging Markets Bull 3X Shares (EDC) and Direxion Daily China 3x Bull Shares (YINN). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%JulyAugustSeptemberOctoberNovemberDecember
-8.24%
16.00%
EDC
YINN

Key characteristics

Sharpe Ratio

EDC:

0.27

YINN:

0.55

Sortino Ratio

EDC:

0.71

YINN:

1.48

Omega Ratio

EDC:

1.09

YINN:

1.18

Calmar Ratio

EDC:

0.14

YINN:

0.56

Martin Ratio

EDC:

1.02

YINN:

1.87

Ulcer Index

EDC:

12.76%

YINN:

29.44%

Daily Std Dev

EDC:

47.41%

YINN:

99.89%

Max Drawdown

EDC:

-92.54%

YINN:

-98.87%

Current Drawdown

EDC:

-88.70%

YINN:

-97.70%

Returns By Period

In the year-to-date period, EDC achieves a 1.55% return, which is significantly lower than YINN's 36.27% return. Over the past 10 years, EDC has outperformed YINN with an annualized return of -9.51%, while YINN has yielded a comparatively lower -26.26% annualized return.


EDC

YTD

1.55%

1M

-3.79%

6M

-8.27%

1Y

6.56%

5Y*

-18.02%

10Y*

-9.51%

YINN

YTD

36.27%

1M

0.57%

6M

19.33%

1Y

52.83%

5Y*

-41.15%

10Y*

-26.26%

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EDC vs. YINN - Expense Ratio Comparison

EDC has a 1.33% 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 EDC: current value at 1.33% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.33%

Risk-Adjusted Performance

EDC vs. YINN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Emerging Markets Bull 3X Shares (EDC) 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 EDC, currently valued at 0.27, compared to the broader market0.002.004.000.270.55
The chart of Sortino ratio for EDC, currently valued at 0.71, compared to the broader market-2.000.002.004.006.008.0010.000.711.48
The chart of Omega ratio for EDC, currently valued at 1.09, compared to the broader market0.501.001.502.002.503.001.091.18
The chart of Calmar ratio for EDC, currently valued at 0.14, compared to the broader market0.005.0010.0015.000.140.56
The chart of Martin ratio for EDC, currently valued at 1.02, compared to the broader market0.0020.0040.0060.0080.00100.001.021.87
EDC
YINN

The current EDC Sharpe Ratio is 0.27, which is lower than the YINN Sharpe Ratio of 0.55. The chart below compares the historical Sharpe Ratios of EDC 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-0.500.000.501.001.50JulyAugustSeptemberOctoberNovemberDecember
0.27
0.55
EDC
YINN

Dividends

EDC vs. YINN - Dividend Comparison

EDC's dividend yield for the trailing twelve months is around 3.37%, more than YINN's 0.70% yield.


TTM2023202220212020201920182017201620152014
EDC
Direxion Daily Emerging Markets Bull 3X Shares
3.37%3.54%0.00%0.18%0.44%0.97%0.78%0.25%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

EDC vs. YINN - Drawdown Comparison

The maximum EDC drawdown since its inception was -92.54%, smaller than the maximum YINN drawdown of -98.87%. Use the drawdown chart below to compare losses from any high point for EDC and YINN. For additional features, visit the drawdowns tool.


-100.00%-95.00%-90.00%-85.00%JulyAugustSeptemberOctoberNovemberDecember
-88.70%
-97.70%
EDC
YINN

Volatility

EDC vs. YINN - Volatility Comparison

The current volatility for Direxion Daily Emerging Markets Bull 3X Shares (EDC) is 11.88%, while Direxion Daily China 3x Bull Shares (YINN) has a volatility of 30.51%. This indicates that EDC 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
11.88%
30.51%
EDC
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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