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

Correlation

The correlation between YINN and EDC is 0.59, 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

YINN vs. EDC - Performance Comparison

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

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Key characteristics

Sharpe Ratio

YINN:

0.30

EDC:

0.00

Sortino Ratio

YINN:

1.25

EDC:

0.45

Omega Ratio

YINN:

1.17

EDC:

1.06

Calmar Ratio

YINN:

0.38

EDC:

0.01

Martin Ratio

YINN:

0.99

EDC:

0.06

Ulcer Index

YINN:

37.72%

EDC:

20.56%

Daily Std Dev

YINN:

105.05%

EDC:

57.65%

Max Drawdown

YINN:

-98.87%

EDC:

-92.54%

Current Drawdown

YINN:

-97.12%

EDC:

-87.85%

Returns By Period

In the year-to-date period, YINN achieves a 25.09% return, which is significantly higher than EDC's 11.35% return. Over the past 10 years, YINN has underperformed EDC with an annualized return of -28.40%, while EDC has yielded a comparatively higher -10.71% annualized return.


YINN

YTD

25.09%

1M

30.76%

6M

9.97%

1Y

26.05%

5Y*

-31.55%

10Y*

-28.40%

EDC

YTD

11.35%

1M

33.36%

6M

-6.12%

1Y

-0.38%

5Y*

-0.19%

10Y*

-10.71%

*Annualized

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YINN vs. EDC - Expense Ratio Comparison

YINN has a 1.52% expense ratio, which is higher than EDC's 1.33% expense ratio.


Risk-Adjusted Performance

YINN vs. EDC — Risk-Adjusted Performance Rank

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

YINN
The Risk-Adjusted Performance Rank of YINN is 5858
Overall Rank
The Sharpe Ratio Rank of YINN is 4040
Sharpe Ratio Rank
The Sortino Ratio Rank of YINN is 7777
Sortino Ratio Rank
The Omega Ratio Rank of YINN is 7676
Omega Ratio Rank
The Calmar Ratio Rank of YINN is 5353
Calmar Ratio Rank
The Martin Ratio Rank of YINN is 4242
Martin Ratio Rank

EDC
The Risk-Adjusted Performance Rank of EDC is 2525
Overall Rank
The Sharpe Ratio Rank of EDC is 1919
Sharpe Ratio Rank
The Sortino Ratio Rank of EDC is 3535
Sortino Ratio Rank
The Omega Ratio Rank of EDC is 3232
Omega Ratio Rank
The Calmar Ratio Rank of EDC is 2020
Calmar Ratio Rank
The Martin Ratio Rank of EDC is 2020
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.

YINN vs. EDC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily China 3x Bull Shares (YINN) and Direxion Daily Emerging Markets Bull 3X Shares (EDC). 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 YINN Sharpe Ratio is 0.30, which is higher than the EDC Sharpe Ratio of 0.00. The chart below compares the historical Sharpe Ratios of YINN and EDC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

YINN vs. EDC - Dividend Comparison

YINN's dividend yield for the trailing twelve months is around 1.64%, less than EDC's 3.49% yield.


TTM20242023202220212020201920182017201620152014
YINN
Direxion Daily China 3x Bull Shares
1.64%1.81%4.17%1.16%0.73%0.76%1.38%1.02%1.11%0.00%0.00%0.19%
EDC
Direxion Daily Emerging Markets Bull 3X Shares
3.49%3.94%3.54%0.00%0.18%0.44%0.97%0.78%0.25%0.00%0.00%0.00%

Drawdowns

YINN vs. EDC - Drawdown Comparison

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


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Volatility

YINN vs. EDC - Volatility Comparison

Direxion Daily China 3x Bull Shares (YINN) has a higher volatility of 21.46% compared to Direxion Daily Emerging Markets Bull 3X Shares (EDC) at 15.62%. This indicates that YINN's price experiences larger fluctuations and is considered to be riskier than EDC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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