Direxion Daily FTSE China Bull 3X Shares (YINN)
- Previous Close
24.67 - Open
24.50 - Bid 24.07 x 800
- Ask 24.08 x 1000
- Day's Range
23.84 - 24.52 - 52 Week Range
13.40 - 46.87 - Volume
1,085,786 - Avg. Volume
4,522,219 - Net Assets 905.31M
- NAV 24.66
- PE Ratio (TTM) 4.35
- Yield 3.04%
- YTD Daily Total Return 18.12%
- Beta (5Y Monthly) 1.03
- Expense Ratio (net) 1.47%
The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds ("ETFs") that track the index, that, in combination, provide 3X daily leveraged exposure to the index, consistent with the fund's investment objective. The index consists of the 50 largest and most liquid public Chinese companies currently trading on the Hong Kong Stock Exchange. The fund is non-diversified.
Direxion Funds
Fund Family
Trading--Leveraged Equity
Fund Category
905.31M
Net Assets
2009-12-03
Inception Date
Performance Overview: YINN
Trailing returns as of 6/10/2024. Category is Trading--Leveraged Equity.
People Also Watch
Holdings: YINN
Top 2 Holdings (54.46% of Total Assets)
Sector Weightings
Recent News: YINN
Research Reports: YINN
ASML: Raising Our Fair Value Estimate to EUR 900; TSMC Adopting High-NA EUV Earlier Than Expected
ASML is the leader in photolithography systems used in the manufacturing of semiconductors. Photolithography is the process in which a light source is used to expose circuit patterns from a photo mask onto a semiconductor wafer. The latest technological advances in this segment allow chipmakers to continually increase the number of transistors on the same area of silicon, with lithography historically representing a high portion of the cost of making cutting-edge chips. ASML outsources the manufacturing of most of its parts, acting like an assembler. ASML’s main clients are TSMC, Samsung, and Intel.
RatingPrice TargetPDD Holdings: Temu’s US Customs Clearance Problem Is Manageable; No Change to Fair Value Estimate
PDD Holdings is a multinational commerce group that owns and operates a portfolio of businesses. PDD aims to bring more businesses and people into the digital economy so that local communities and small businesses can benefit from the increased productivity and new opportunities. PDD has built a network of sourcing, logistics, and fulfillment capabilities that support its underlying businesses.
RatingPrice TargetASML’s Weak Bookings Don’t Obscure Its Long-Term Potential; Raising Fair Value to EUR 790
ASML is the leader in photolithography systems used in the manufacturing of semiconductors. Photolithography is the process in which a light source is used to expose circuit patterns from a photo mask onto a semiconductor wafer. The latest technological advances in this segment allow chipmakers to continually increase the number of transistors on the same area of silicon, with lithography historically representing a high portion of the cost of making cutting-edge chips. ASML outsources the manufacturing of most of its parts, acting like an assembler. ASML’s main clients are TSMC, Samsung, and Intel.
RatingPrice TargetTencent Earnings: Scoring Big on Shareholder Returns; Gaming Turnaround Takes Center Stage
Tencent is arguably the most influential internet firm in China as one can hardly go by a day without using its products. Tencent is the world's largest video game vendor and owns the world's top-grossing mobile game--Honor of Kings. Tencent also runs China's largest social media super app--WeChat. The app is now part of the fabric of life for Chinese people who use it to chat, shop, watch videos, play games, order food and taxis, and more. Equally as impressive as its own portfolio, Tencent is also among the world's largest venture capital and investment corporations. The firm is now one of the largest shareholders in leading tech companies like Meituan, JD, DiDi, Snap, PDD, Kuaishou, Epic Games, and more.
RatingPrice Target