SOY 2024 - YINN (China) Monthly Seasonality StatsThe chart for YINN (Direxion Daily FTSE China Bull 3X Shares) reveals notable seasonal trends and volatility from 2015 to 2024. Historically, the YINN ETF shows strong performance in the first quarter, particularly in January and February, with gains in 2017, 2020, and 2021. However, the ETF faces significant declines during May and June, especially in 2015, 2018, and 2022, indicating that the market often struggles during mid-year. July shows mixed results, with notable volatility, and August typically brings significant negative returns, especially in 2015, 2019, and 2022. September is generally a weak month for YINN, aligning with a broader market tendency for underperformance, though there are some exceptions in 2017 and 2020. October and December tend to show strong positive returns in several years, notably in 2020, 2021, and 2022, suggesting a late-year rally.
Geopolitical risks play a crucial role in the performance of YINN , as this ETF is directly exposed to China’s economic and political developments. Tensions between the U.S. and China, trade wars, and the potential for conflict could lead to significant market volatility. The Tail Ratio for YINN indicates that the risk of extreme downside moves is substantial, especially in years marked by heightened geopolitical instability, such as during trade disputes or military tensions. The strong swings, particularly in mid-year months, suggest that political events and government policies in China can have a pronounced effect on YINN's returns, amplifying volatility. Investors should be cautious and aware of the potential impact of geopolitical developments on Chinese markets, especially in periods of high tension.