YANG vs. EDZ
Compare and contrast key facts about Direxion Daily China 3x Bear Shares (YANG) and Direxion Daily Emerging Markets Bear 3X Shares (EDZ).
YANG and EDZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. YANG 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. EDZ is a passively managed fund by Direxion that tracks the performance of the MSCI Emerging Markets Index (-300%). It was launched on Dec 17, 2008. Both YANG and EDZ 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: YANG or EDZ.
Correlation
The correlation between YANG and EDZ is 0.60, 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
YANG vs. EDZ - Performance Comparison
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Key characteristics
YANG:
77.62%
EDZ:
36.88%
YANG:
-4.21%
EDZ:
-2.12%
YANG:
-2.97%
EDZ:
-2.12%
Returns By Period
YANG
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EDZ
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YANG vs. EDZ - Expense Ratio Comparison
YANG has a 1.07% expense ratio, which is lower than EDZ's 1.08% expense ratio.
Risk-Adjusted Performance
YANG vs. EDZ — Risk-Adjusted Performance Rank
YANG
EDZ
YANG vs. EDZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily China 3x Bear Shares (YANG) and Direxion Daily Emerging Markets Bear 3X Shares (EDZ). 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.
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Dividends
YANG vs. EDZ - Dividend Comparison
YANG's dividend yield for the trailing twelve months is around 12.88%, more than EDZ's 5.31% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
YANG Direxion Daily China 3x Bear Shares | 12.88% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EDZ Direxion Daily Emerging Markets Bear 3X Shares | 5.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
YANG vs. EDZ - Drawdown Comparison
The maximum YANG drawdown since its inception was -4.21%, which is greater than EDZ's maximum drawdown of -2.12%. Use the drawdown chart below to compare losses from any high point for YANG and EDZ. For additional features, visit the drawdowns tool.
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Volatility
YANG vs. EDZ - Volatility Comparison
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