YANG
DIREXION DAILY FTSE CHINA BEAR 3X SHARES
$27.61-1.64% today
214152-WK
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN · NET −$149M OVER THIS RANGE
The desk’s read
Money keeps arriving — +$11M of net buying over the past month, about 11.3% of the fund's asset base, while the price has returned +24.3% so far this year.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
$98Massets under management
—expense ratio
+$11Mnet flow, trailing month
707Kavg daily volume, 30 days
1holdings · US-domiciled
2024listed May 6, 2024
Sector weights
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
| 1 week | -7.8% |
| 1 month | -11.4% |
| 3 months | -7.3% |
| 6 months | +16.1% |
| YTD | +24.3% |
| 1 year | +9.6% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
Net flows
| 1 week | +$7M |
| 1 month | +$11M |
| 3 months | −$32M |
| YTD | −$93M |
| 1 year | −$149M |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
Monthly net flows
DAILY CREATION/REDEMPTION RECORDS, TRAILING TWELVE MONTHS
The risk read
49%realized volatility, 30 days (annualized)
59%realized volatility, 1 year
-35.8%deepest fall from a peak, 1 year
-32.2%where it sits vs. that peak today
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Options tape
414calls today
152puts today
0.37put/call ratio
581Kshares traded
The case against YANG
Due diligence cuts both ways. These funds sit on the same shelf and beat YANG on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| FLOW Global X U.S. Cash Flow Kings 100 ETF | 0.25% | $4132.70T | — | 42046046× the assets | Head-to-head |
| IEFA iShares Core MSCI EAFE ETF | 0.07% | $193.2B | +$631M | 1965× the assets · +$631M in over the month | Head-to-head |
| IEMG iShares Core MSCI Emerging Markets ETF | 0.09% | $160.6B | +$1.9B | 1634× the assets · +$1.9B in over the month | Head-to-head |
| IDEV iShares Core MSCI International Developed Markets ETF | 0.04% | $32.7B | +$104M | 332× the assets · +$104M in over the month | Head-to-head |
| EFV iShares MSCI EAFE Value ETF | 0.34% | $31.4B | +$2.8B | 320× the assets · +$2.8B in over the month | Head-to-head |