(YANG) Direxion Daily FTSE China - Overview
Etf: 3X Inverse, Chinese Equities, Hong Kong, Exchange Traded, Daily
Dividends
| Dividend Yield | 3.61% |
| Yield on Cost 5y | 0.51% |
| Yield CAGR 5y | 47.12% |
| Payout Consistency | 44.4% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 82.3% |
| Relative Tail Risk | 1.63% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.85 |
| Alpha | -40.42 |
| Character TTM | |
|---|---|
| Beta | -2.056 |
| Beta Downside | -1.847 |
| Drawdowns 3y | |
|---|---|
| Max DD | 94.02% |
| CAGR/Max DD | -0.52 |
Description: YANG Direxion Daily FTSE China December 31, 2025
Direxion Daily FTSE China Bear 3X Shares (NYSE ARCA: YANG) is a U.S.-registered, non-diversified ETF that seeks to deliver three times the inverse (-3×) of the daily performance of the FTSE China 50 Index, which tracks the 50 largest, most liquid Chinese companies listed on the Hong Kong Stock Exchange. To achieve this, the fund invests at least 80 % of its net assets-augmented by borrowing-into derivatives and other financial instruments that provide the required short exposure.
Key quantitative drivers to watch include its expense ratio of roughly 0.95 % and the daily reset mechanism that can cause performance divergence from the index over longer horizons, especially in volatile markets. The ETF’s sector tilt leans heavily toward Chinese financials, consumer discretionary, and technology, making it sensitive to macro variables such as China’s GDP growth (currently around 4.5 % YoY), regulatory policy shifts, and yuan exchange-rate movements. Historical data show that during periods of heightened market stress, YANG’s tracking error can exceed 2 % on a single-day basis.
For a deeper dive into YANG’s historical tracking error and scenario analysis, you might explore the data on ValueRay.
What is the price of YANG shares?
Over the past week, the price has changed by -0.91%, over one month by +0.04%, over three months by +6.92% and over the past year by -53.24%.
Is YANG a buy, sell or hold?
What are the forecasts/targets for the YANG price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 14.8 | -35.2% |
YANG Fundamental Data Overview February 04, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 145.6m USD (145.6m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 145.6m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 145.6m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = -1.66% (negative - check inputs) (E(145.6m)/V(145.6m) * Re(-1.66%) + (debt-free company))
Discount Rate = 9.60% (= Risk Free + ERP)
Fair Price DCF = unknown (Cash Flow 0.0)