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YANG

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
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  • 52 Week Change
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  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
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About

YANG (Direxion Daily FTSE China Bull 3X Shares) is a leveraged exchange-traded fund (ETF) designed for investors seeking a three-times (3x) leveraged daily return of the FTSE China 50 Index. This index comprises the 50 largest and most liquid public Chinese companies trading on the Hong Kong Stock Exchange. Due to its leveraged nature, YANG is intended for short-term trading strategies and is not suitable for long-term investments, as its performance can deviate significantly from the underlying index over extended periods due to compounding and volatility. The fund resets daily, magnifying both gains and losses based on the index's daily performance.
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Factors

Inverse Correlation with Chinese Stocks: YANG.US is designed to move inversely to a basket of Chinese companies. When these companies perform poorly, YANG generally rises.

Geopolitical Risk: Political tensions and trade disputes involving China can significantly impact Chinese stock values, subsequently affecting YANG's price.

Chinese Economic Data: Weak economic reports from China, indicating slower growth or recession, typically lead to increases in YANG.

Investor Sentiment: Overall market feeling towards Chinese stocks can greatly influence the demand for YANG. Negative sentiment drives price increases.

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