YINN vs. IFED
YINN (Direxion Daily China 3x Bull Shares) and IFED (ETRACS IFED Invest with the Fed TR Index ETN) are both Leveraged Equities funds - YINN tracks the FTSE China 50 Index (300%) while IFED tracks the IFED Large-Cap US Equity Index - Benchmark TR Gross. Both are passively managed. Over the past 3 years, YINN returned -2.89%/yr vs 16.94%/yr for IFED. At a 0.36 correlation, their price movements are largely independent. YINN charges 1.52%/yr vs 0.45%/yr for IFED.
Performance
YINN vs. IFED - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, YINN achieves a -28.25% return, which is significantly lower than IFED's -2.98% return.
YINN
- 1D
- -0.52%
- 1M
- -10.06%
- YTD
- -28.25%
- 6M
- -32.42%
- 1Y
- -20.61%
- 3Y*
- -2.89%
- 5Y*
- -38.69%
- 10Y*
- -19.13%
IFED
- 1D
- 0.56%
- 1M
- 5.41%
- YTD
- -2.98%
- 6M
- -2.59%
- 1Y
- 2.46%
- 3Y*
- 16.94%
- 5Y*
- —
- 10Y*
- —
YINN vs. IFED - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
YINN Direxion Daily China 3x Bull Shares | -28.25% | 54.21% | 36.06% | -53.08% | -71.97% | -27.37% |
IFED ETRACS IFED Invest with the Fed TR Index ETN | -2.98% | 15.02% | 23.04% | 20.78% | -1.46% | 8.46% |
Correlation
The correlation between YINN and IFED is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 2021 | 0.36 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
YINN vs. IFED — Risk / Return Rank
YINN
IFED
YINN vs. IFED - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily China 3x Bull Shares (YINN) and ETRACS IFED Invest with the Fed TR Index ETN (IFED). 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.
| YINN | IFED | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.51 | ||
| Sortino ratioReturn per unit of downside risk | -0.48 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.04 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.43 | 0.17 | -0.60 |
| Martin ratioReturn relative to average drawdown | -0.85 | 0.43 | -1.27 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| YINN | IFED | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.35 | 0.15 | -0.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.41 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.23 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.22 | 0.65 | -0.87 |
Drawdowns
YINN vs. IFED - Drawdown Comparison
The maximum YINN drawdown since its inception was -98.87%, which is greater than IFED's maximum drawdown of -22.36%. Use the drawdown chart below to compare losses from any high point for YINN and IFED.
Loading charts...
Drawdown Indicators
| YINN | IFED | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.87% | -22.36% | -76.51% |
Max Drawdown (1Y)Largest decline over 1 year | -47.74% | -14.65% | -33.09% |
Max Drawdown (3Y)Largest decline over 3 years | -69.08% | -22.36% | -46.72% |
Max Drawdown (5Y)Largest decline over 5 years | -96.28% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -98.59% | — | — |
Current DrawdownCurrent decline from peak | -97.46% | -4.97% | -92.49% |
Average DrawdownAverage peak-to-trough decline | -68.48% | -5.84% | -62.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.39% | 5.76% | +18.63% |
Volatility
YINN vs. IFED - Volatility Comparison
Direxion Daily China 3x Bull Shares (YINN) has a higher volatility of 21.19% compared to ETRACS IFED Invest with the Fed TR Index ETN (IFED) at 4.51%. This indicates that YINN's price experiences larger fluctuations and is considered to be riskier than IFED based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| YINN | IFED | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.19% | 4.51% | +16.68% |
Volatility (6M)Calculated over the trailing 6-month period | 42.60% | 12.87% | +29.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.73% | 16.18% | +42.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 94.19% | 19.87% | +74.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 81.78% | 19.87% | +61.91% |
YINN vs. IFED - Expense Ratio Comparison
YINN has a 1.52% expense ratio, which is higher than IFED's 0.45% expense ratio.
Dividends
YINN vs. IFED - Dividend Comparison
YINN's dividend yield for the trailing twelve months is around 1.39%, while IFED has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
IFED ETRACS IFED Invest with the Fed TR Index ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
YINN Direxion Daily China 3x Bull Shares | 1.39% | 1.12% | 1.81% | 4.17% | 1.16% | 0.73% | 0.76% | 1.38% | 1.02% | 1.11% |
Frequently Asked Questions
YINN and IFED have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
YINN has higher volatility (21.19%) compared to IFED (4.51%). In terms of maximum drawdown, YINN dropped -98.87% vs IFED's -22.36%.
On 3-year performance, IFED leads with 16.94% vs -2.89% for YINN. On fees, IFED is cheaper at 0.45% per year. On volatility, IFED has been the lower-risk option at 4.51%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, IFED has performed better with a 16.94% return vs -2.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IFED is cheaper with a 0.45% expense ratio, compared with 1.52% for YINN.
YINN has the higher dividend yield at 1.39%, compared with 0.00% for IFED.
YINN tracks FTSE China 50 Index (300%), while IFED tracks IFED Large-Cap US Equity Index - Benchmark TR Gross. They also come from different issuers: Direxion and UBS. Their fees differ too: 1.52% for YINN and 0.45% for IFED.
IFED currently has the higher Sharpe Ratio (0.15 vs -0.35), 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.
Find the right allocation for YINN and IFED
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer