YINN vs. UMDD

Last updated Jun 13, 2026

YINN (Direxion Daily China 3x Bull Shares) and UMDD (ProShares UltraPro MidCap400) are both Leveraged Equities funds - YINN tracks the FTSE China 50 Index (300%) while UMDD tracks the S&P MidCap 400 Index (300%). Both are passively managed. Over the past 10 years, YINN returned -18.37%/yr vs 12.78%/yr for UMDD. A 0.54 correlation means they provide meaningful diversification when combined. YINN charges 1.52%/yr vs 0.95%/yr for UMDD.

Performance

YINN vs. UMDD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily China 3x Bull Shares (YINN) and ProShares UltraPro MidCap400 (UMDD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, YINN achieves a -29.95% return, which is significantly lower than UMDD's 41.42% return. Over the past 10 years, YINN has underperformed UMDD with an annualized return of -18.37%, while UMDD has yielded a comparatively higher 12.78% annualized return.

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%

UMDD

• 1D: 2.20%
• 1M: 10.73%
• YTD: 41.42%
• 6M: 35.75%
• 1Y: 66.43%
• 3Y*: 23.57%
• 5Y*: 2.41%
• 10Y*: 12.78%

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

YINN vs. UMDD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
UMDD ProShares UltraPro MidCap400	41.42%	-2.57%	19.68%	27.21%	-49.60%	72.27%	-17.30%	78.90%	-40.29%	49.17%

Correlation

The correlation between YINN and UMDD is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (5Y) Calculated over the trailing 5-year period	0.39
Correlation (10Y) Calculated over the trailing 10-year period	0.46
Correlation (All Time) Calculated using the full available price history since Feb 11, 2010	0.54

The correlation between YINN and UMDD shifts across timeframes, from 0.37 (3 years) to 0.54 (all time), reflecting how their relationship changes across market environments.

YINN vs. UMDD - Sectors Allocation Comparison

Sectors	YINN	UMDD
Financial Services	34.7%	7.1%
Consumer Cyclical	27.4%	5.1%
Communication Services	15.7%	0.5%
Energy	5.6%	2.7%
Technology	5.5%	9.0%
Basic Materials	4.2%	2.6%
Industrials	2.4%	13.4%
Healthcare	2.3%	4.8%
Real Estate	1.0%	3.9%
Consumer Defensive	0.9%	2.2%
Utilities	0.4%	1.6%

Return for Risk

YINN vs. UMDD — Risk / Return Rank

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

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

UMDD

UMDD Risk / Return Rank: 49
UMDD Sharpe Ratio Rank: 45
UMDD Sortino Ratio Rank: 45
UMDD Omega Ratio Rank: 43
UMDD Calmar Ratio Rank: 58
UMDD Martin Ratio Rank: 56

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.

YINN vs. UMDD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily China 3x Bull Shares (YINN) and ProShares UltraPro MidCap400 (UMDD). 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.

	YINN	UMDD	Difference
Sharpe ratio: Return per unit of total volatility	-0.47	1.40	-1.87
Sortino ratio: Return per unit of downside risk	-0.36	2.01	-2.38
Omega ratio: Gain probability vs. loss probability	0.96	1.24	-0.29
Calmar ratio: Return relative to maximum drawdown	-0.56	2.56	-3.12
Martin ratio: Return relative to average drawdown	-1.09	8.58	-9.67

YINN vs. UMDD - Sharpe Ratio Comparison

The current YINN Sharpe Ratio is -0.47, which is lower than the UMDD Sharpe Ratio of 1.40. The chart below compares the historical Sharpe Ratios of YINN and UMDD, 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

YINN vs. UMDD - Drawdown Comparison

The maximum YINN drawdown since its inception was -98.87%, which is greater than UMDD's maximum drawdown of -86.24%. Use the drawdown chart below to compare losses from any high point for YINN and UMDD.

Drawdown Indicators

	YINN	UMDD	Difference
Max Drawdown Largest peak-to-trough decline	-98.87%	-86.24%	-12.63%
Max Drawdown (1Y) Largest decline over 1 year	-49.61%	-26.04%	-23.57%
Max Drawdown (3Y) Largest decline over 3 years	-69.08%	-60.33%	-8.75%
Max Drawdown (5Y) Largest decline over 5 years	-96.28%	-64.61%	-31.67%
Max Drawdown (10Y) Largest decline over 10 years	-98.59%	-86.24%	-12.35%
Current Drawdown Current decline from peak	-97.52%	-3.15%	-94.37%
Average Drawdown Average peak-to-trough decline	-68.51%	-23.58%	-44.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.53%	7.78%	+17.75%

Volatility

YINN vs. UMDD - Volatility Comparison

Direxion Daily China 3x Bull Shares (YINN) has a higher volatility of 18.63% compared to ProShares UltraPro MidCap400 (UMDD) at 14.80%. This indicates that YINN's price experiences larger fluctuations and is considered to be riskier than UMDD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YINN	UMDD	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.63%	14.80%	+3.83%
Volatility (6M) Calculated over the trailing 6-month period	42.54%	35.26%	+7.28%
Volatility (1Y) Calculated over the trailing 1-year period	58.74%	47.64%	+11.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	94.19%	59.05%	+35.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	81.73%	62.32%	+19.41%

YINN vs. UMDD - Expense Ratio Comparison

YINN has a 1.52% expense ratio, which is higher than UMDD's 0.95% expense ratio.

Dividends

YINN vs. UMDD - Dividend Comparison

YINN's dividend yield for the trailing twelve months is around 1.42%, more than UMDD's 0.74% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
UMDD ProShares UltraPro MidCap400	0.74%	1.00%	0.76%	0.19%	0.49%	0.06%	0.08%	0.64%	0.32%	0.00%	0.03%	0.06%
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%	0.00%	0.00%

Frequently Asked Questions

Can I hold both YINN and UMDD in my portfolio?

YINN and UMDD have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, YINN or UMDD?

YINN has higher volatility (18.63%) compared to UMDD (14.80%). In terms of maximum drawdown, YINN dropped -98.87% vs UMDD's -86.24%.

Which ETF is better, YINN or UMDD?

On 10-year performance, UMDD leads with 12.78% vs -18.37% for YINN. On fees, UMDD is cheaper at 0.95% per year. On volatility, UMDD has been the lower-risk option at 14.80%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, YINN or UMDD?

Over the 10-year period, UMDD has performed better with a 12.78% return vs -18.37%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, YINN or UMDD?

UMDD is cheaper with a 0.95% expense ratio, compared with 1.52% for YINN.

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

YINN has the higher dividend yield at 1.42%, compared with 0.74% for UMDD.

What is the main difference between YINN and UMDD?

YINN tracks FTSE China 50 Index (300%), while UMDD tracks S&P MidCap 400 Index (300%). They also come from different issuers: Direxion and ProShares. Their fees differ too: 1.52% for YINN and 0.95% for UMDD.

Which has better risk-adjusted returns?

UMDD currently has the higher Sharpe Ratio (1.40 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.