YINN vs. XPP
Compare and contrast key facts about Direxion Daily China 3x Bull Shares (YINN) and ProShares Ultra FTSE China 50 (XPP).
YINN and XPP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. XPP is a passively managed fund by ProShares that tracks the performance of the FTSE/Xinhua China 25 Index (200%). It was launched on Jun 2, 2009. Both YINN and XPP 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: YINN or XPP.
Correlation
The correlation between YINN and XPP is 0.58, 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. XPP - Performance Comparison
Key characteristics
YINN:
0.59
XPP:
0.84
YINN:
1.51
XPP:
1.56
YINN:
1.20
XPP:
1.21
YINN:
0.63
XPP:
0.69
YINN:
1.69
XPP:
2.45
YINN:
36.81%
XPP:
24.58%
YINN:
106.02%
XPP:
71.46%
YINN:
-98.87%
XPP:
-89.90%
YINN:
-97.31%
XPP:
-78.79%
Returns By Period
The year-to-date returns for both stocks are quite close, with YINN having a 17.09% return and XPP slightly lower at 16.90%. Over the past 10 years, YINN has underperformed XPP with an annualized return of -30.11%, while XPP has yielded a comparatively higher -14.03% annualized return.
YINN
17.09%
-27.05%
-1.80%
43.36%
-32.62%
-30.11%
XPP
16.90%
-14.79%
7.25%
53.11%
-14.07%
-14.03%
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YINN vs. XPP - Expense Ratio Comparison
YINN has a 1.52% expense ratio, which is higher than XPP's 0.95% expense ratio.
Risk-Adjusted Performance
YINN vs. XPP — Risk-Adjusted Performance Rank
YINN
XPP
YINN vs. XPP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily China 3x Bull Shares (YINN) and ProShares Ultra FTSE China 50 (XPP). 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
YINN vs. XPP - Dividend Comparison
YINN's dividend yield for the trailing twelve months is around 1.75%, less than XPP's 3.07% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
YINN Direxion Daily China 3x Bull Shares | 1.75% | 1.81% | 4.17% | 1.16% | 0.73% | 0.76% | 1.38% | 1.02% | 1.11% | 0.00% | 0.00% | 0.19% |
XPP ProShares Ultra FTSE China 50 | 3.07% | 2.96% | 2.87% | 0.00% | 0.00% | 0.00% | 3.81% | 1.47% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
YINN vs. XPP - Drawdown Comparison
The maximum YINN drawdown since its inception was -98.87%, which is greater than XPP's maximum drawdown of -89.90%. Use the drawdown chart below to compare losses from any high point for YINN and XPP. For additional features, visit the drawdowns tool.
Volatility
YINN vs. XPP - Volatility Comparison
Direxion Daily China 3x Bull Shares (YINN) has a higher volatility of 47.70% compared to ProShares Ultra FTSE China 50 (XPP) at 30.29%. This indicates that YINN's price experiences larger fluctuations and is considered to be riskier than XPP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.