DIREXION SHARES ETF TRUSTDIREXION SHARES ETF TRUSTDIREXION SHARES ETF TRUST

DIREXION SHARES ETF TRUST

No trades
See on Supercharts

Key stats


Assets under management (AUM)
‪1.23 B‬USD
Fund flows (1Y)
Dividend yield (indicated)
1.49%
Discount/Premium to NAV
−1.0%
Shares outstanding
‪31.99 M‬
Expense ratio
1.36%

About DIREXION SHARES ETF TRUST


Issuer
Rafferty Asset Management LLC
Brand
Direxion
Inception date
Dec 3, 2009
Structure
Open-Ended Fund
Index tracked
FTSE China 50 Net Tax USD Index
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
YINN is an aggressive daily bet on Chinese large-cap equities, delivering 3x leveraged exposure to about 50 large and liquid names traded in Hong Kong. The fund's underlying equity exposure doesn't aim for comprehensive all China exposure since it excludes A-shares traded on the mainland and names listed solely in the US. Given the underlying index, big sector bets can be expected. The fund rebalances its leveraged exposure daily, so over the long haul, compounding effects can lead to profound differences in expected returns relative to the index. Thus, it is not a buy-and-hold investment and should not be expected to provide index leverage returns greater than a one-day period. The index is rebalanced quarterly.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Exchange-specific
Geography
China
Weighting scheme
Market cap
Selection criteria
Hong Kong-listed
What's in the fund
Exposure type
Bonds, Cash & Other
ETF
Cash
Stock breakdown by region
100%
Top 10 holdings

See all ideas 

Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to YINN via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
YINN trades at 37.29 USD today, its price has risen 0.08% in the past 24 hours. Track more dynamics on YINN price chart.
YINN net asset value is 37.75 today — it's risen 32.15% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
YINN assets under management is ‪1.23 B‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
YINN price has risen by 46.06% over the last month, and its yearly performance shows a 16.93% increase. See more dynamics on YINN price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 32.15% over the last month, showed a −9.43% decrease in three-month performance and has increased by 16.24% in a year.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
YINN invests in funds. See more details in our Analysis section.
YINN expense ratio is 1.36%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, YINN is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, YINN pays dividends to its holders with the dividend yield of 1.49%.
YINN trades at a premium (0.95%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
YINN shares are issued by Rafferty Asset Management LLC
YINN follows the FTSE China 50 Net Tax USD Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 3, 2009.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.