EURL vs. YINN

Last updated Jun 13, 2026

EURL (Direxion Daily FTSE Europe Bull 3x Shares) and YINN (Direxion Daily China 3x Bull Shares) are both Leveraged Equities funds from Direxion - EURL tracks the FTSE Developed Europe Index (300%) while YINN tracks the FTSE China 50 Index (300%). Both are passively managed. Over the past 10 years, EURL returned 11.27%/yr vs -18.37%/yr for YINN. A 0.56 correlation means they provide meaningful diversification when combined. EURL charges 1.07%/yr vs 1.52%/yr for YINN.

Performance

EURL vs. YINN - Performance Comparison

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

Returns By Period

In the year-to-date period, EURL achieves a 13.73% return, which is significantly higher than YINN's -29.95% return. Over the past 10 years, EURL has outperformed YINN with an annualized return of 11.27%, while YINN has yielded a comparatively lower -18.37% annualized return.

EURL

• 1D: -0.06%
• 1M: 5.44%
• YTD: 13.73%
• 6M: 19.84%
• 1Y: 36.64%
• 3Y*: 31.61%
• 5Y*: 5.43%
• 10Y*: 11.27%

YINN

• 1D: 3.08%
• 1M: -23.37%
• YTD: -29.95%
• 6M: -32.53%
• 1Y: -27.68%
• 3Y*: -6.43%
• 5Y*: -38.50%
• 10Y*: -18.37%

*Multi-year figures are annualized to reflect compound growth (CAGR)

EURL vs. YINN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EURL Direxion Daily FTSE Europe Bull 3x Shares	13.73%	105.85%	-11.42%	44.19%	-54.41%	46.59%	-23.19%	72.61%	-46.39%	91.32%
YINN Direxion Daily China 3x Bull Shares	-29.95%	54.21%	36.06%	-53.08%	-71.97%	-58.56%	-7.75%	28.92%	-48.47%	129.79%

Correlation

The correlation between EURL and YINN is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (3Y) Calculated over the trailing 3-year period	0.48
Correlation (5Y) Calculated over the trailing 5-year period	0.48
Correlation (10Y) Calculated over the trailing 10-year period	0.55
Correlation (All Time) Calculated using the full available price history since Jan 22, 2014	0.56

The correlation between EURL and YINN has been stable across timeframes, ranging from 0.48 to 0.56 - a consistent structural relationship.

EURL vs. YINN - Sectors Allocation Comparison

Sectors	EURL	YINN
Financial Services	23.0%	34.7%
Industrials	19.8%	2.4%
Healthcare	13.2%	2.3%
Consumer Defensive	8.2%	0.9%
Technology	7.9%	5.5%
Consumer Cyclical	7.2%	27.4%
Energy	5.7%	5.6%
Basic Materials	5.5%	4.2%
Utilities	4.8%	0.4%
Communication Services	3.3%	15.7%
Real Estate	1.6%	1.0%

Return for Risk

EURL vs. YINN — Risk / Return Rank

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

EURL

EURL Risk / Return Rank: 26
EURL Sharpe Ratio Rank: 24
EURL Sortino Ratio Rank: 27
EURL Omega Ratio Rank: 26
EURL Calmar Ratio Rank: 26
EURL Martin Ratio Rank: 28

YINN

YINN Risk / Return Rank: 6
YINN Sharpe Ratio Rank: 5
YINN Sortino Ratio Rank: 6
YINN Omega Ratio Rank: 6
YINN Calmar Ratio Rank: 5
YINN Martin Ratio Rank: 5

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EURL vs. YINN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily FTSE Europe Bull 3x Shares (EURL) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EURL	YINN	Difference
Sharpe ratio: Return per unit of total volatility	0.77	-0.47	+1.24
Sortino ratio: Return per unit of downside risk	1.33	-0.36	+1.69
Omega ratio: Gain probability vs. loss probability	1.16	0.96	+0.20
Calmar ratio: Return relative to maximum drawdown	1.11	-0.56	+1.67
Martin ratio: Return relative to average drawdown	3.50	-1.09	+4.59

EURL vs. YINN - Sharpe Ratio Comparison

The current EURL Sharpe Ratio is 0.77, which is higher than the YINN Sharpe Ratio of -0.47. The chart below compares the historical Sharpe Ratios of EURL and YINN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EURL vs. YINN - Drawdown Comparison

The maximum EURL drawdown since its inception was -84.65%, smaller than the maximum YINN drawdown of -98.87%. Use the drawdown chart below to compare losses from any high point for EURL and YINN.

Drawdown Indicators

	EURL	YINN	Difference
Max Drawdown Largest peak-to-trough decline	-84.65%	-98.87%	+14.22%
Max Drawdown (1Y) Largest decline over 1 year	-33.05%	-49.61%	+16.56%
Max Drawdown (3Y) Largest decline over 3 years	-38.81%	-69.08%	+30.27%
Max Drawdown (5Y) Largest decline over 5 years	-75.24%	-96.28%	+21.04%
Max Drawdown (10Y) Largest decline over 10 years	-84.65%	-98.59%	+13.94%
Current Drawdown Current decline from peak	-8.76%	-97.52%	+88.76%
Average Drawdown Average peak-to-trough decline	-36.91%	-68.51%	+31.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.56%	25.53%	-14.97%

Volatility

EURL vs. YINN - Volatility Comparison

Direxion Daily FTSE Europe Bull 3x Shares (EURL) and Direxion Daily China 3x Bull Shares (YINN) have volatilities of 17.98% and 18.63%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EURL	YINN	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.98%	18.63%	-0.65%
Volatility (6M) Calculated over the trailing 6-month period	40.51%	42.54%	-2.03%
Volatility (1Y) Calculated over the trailing 1-year period	48.09%	58.74%	-10.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.55%	94.19%	-40.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.82%	81.73%	-25.91%

EURL vs. YINN - Expense Ratio Comparison

EURL has a 1.07% expense ratio, which is lower than YINN's 1.52% expense ratio.

Dividends

EURL vs. YINN - Dividend Comparison

EURL's dividend yield for the trailing twelve months is around 1.37%, less than YINN's 1.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
EURL Direxion Daily FTSE Europe Bull 3x Shares	1.37%	1.50%	3.51%	2.50%	1.80%	0.33%	0.41%	1.17%	3.07%	0.38%
YINN Direxion Daily China 3x Bull Shares	1.42%	1.12%	1.81%	4.17%	1.16%	0.73%	0.76%	1.38%	1.02%	1.11%

Frequently Asked Questions

Can I hold both EURL and YINN in my portfolio?

EURL and YINN have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EURL or YINN?

YINN has higher volatility (18.63%) compared to EURL (17.98%). In terms of maximum drawdown, EURL dropped -84.65% vs YINN's -98.87%.

Which ETF is better, EURL or YINN?

On 10-year performance, EURL leads with 11.27% vs -18.37% for YINN. On fees, EURL is cheaper at 1.07% per year. On volatility, EURL has been the lower-risk option at 17.98%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EURL or YINN?

Over the 10-year period, EURL has performed better with a 11.27% return vs -18.37%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EURL or YINN?

EURL is cheaper with a 1.07% expense ratio, compared with 1.52% for YINN.

Which ETF pays a higher dividend yield, EURL or YINN?

YINN has the higher dividend yield at 1.42%, compared with 1.37% for EURL.

What is the main difference between EURL and YINN?

EURL tracks FTSE Developed Europe Index (300%), while YINN tracks FTSE China 50 Index (300%). Their fees differ too: 1.07% for EURL and 1.52% for YINN.

Which has better risk-adjusted returns?

EURL currently has the higher Sharpe Ratio (0.77 vs -0.47), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.