FCA vs. YINN
Compare and contrast key facts about First Trust China AlphaDEX Fund (FCA) and Direxion Daily China 3x Bull Shares (YINN).
FCA and YINN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FCA is a passively managed fund by First Trust that tracks the performance of the NASDAQ AlphaDEX China Index. It was launched on Apr 18, 2011. YINN is a passively managed fund by Direxion that tracks the performance of the FTSE China 50 Index (300%). It was launched on Dec 3, 2009. Both FCA and YINN are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCA or YINN.
Key characteristics
| FCA | YINN | |
|---|---|---|
| YTD Return | 16.35% | 59.73% |
| 1Y Return | 19.28% | 24.76% |
| 3Y Return (Ann) | -3.66% | -44.81% |
| 5Y Return (Ann) | 0.34% | -38.50% |
| 10Y Return (Ann) | 3.49% | -24.42% |
| Sharpe Ratio | 0.63 | 0.25 |
| Sortino Ratio | 1.08 | 1.07 |
| Omega Ratio | 1.14 | 1.13 |
| Calmar Ratio | 0.46 | 0.24 |
| Martin Ratio | 2.42 | 0.72 |
| Ulcer Index | 8.01% | 32.50% |
| Daily Std Dev | 30.74% | 94.65% |
| Max Drawdown | -45.55% | -98.87% |
| Current Drawdown | -25.94% | -97.30% |
Correlation
The correlation between FCA and YINN is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FCA vs. YINN - Performance Comparison
In the year-to-date period, FCA achieves a 16.35% return, which is significantly lower than YINN's 59.73% return. Over the past 10 years, FCA has outperformed YINN with an annualized return of 3.49%, while YINN has yielded a comparatively lower -24.42% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FCA vs. YINN - Expense Ratio Comparison
FCA has a 0.80% expense ratio, which is lower than YINN's 1.52% expense ratio.
Risk-Adjusted Performance
FCA vs. YINN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust China AlphaDEX Fund (FCA) 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.
Dividends
FCA vs. YINN - Dividend Comparison
FCA's dividend yield for the trailing twelve months is around 5.37%, more than YINN's 1.78% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCA First Trust China AlphaDEX Fund | 5.37% | 5.71% | 6.00% | 4.91% | 4.12% | 3.73% | 3.10% | 2.30% | 2.51% | 4.13% | 2.47% | 2.86% |
YINN Direxion Daily China 3x Bull Shares | 1.78% | 4.17% | 1.16% | 0.73% | 0.76% | 1.38% | 1.02% | 1.11% | 0.00% | 0.00% | 0.19% | 0.00% |
Drawdowns
FCA vs. YINN - Drawdown Comparison
The maximum FCA drawdown since its inception was -45.55%, smaller than the maximum YINN drawdown of -98.87%. Use the drawdown chart below to compare losses from any high point for FCA and YINN. For additional features, visit the drawdowns tool.
Volatility
FCA vs. YINN - Volatility Comparison
The current volatility for First Trust China AlphaDEX Fund (FCA) is 9.88%, while Direxion Daily China 3x Bull Shares (YINN) has a volatility of 28.68%. This indicates that FCA 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.