Direxion Daily China Bear 3X SharesYANG:PCQ:USD
| 47.24 | 1.31 / 2.85% | 42.37 - 100.00 | -0.24 | |||
| Latest price in USD | Today's change | 52-week range | 3-yr sharpe ratio |
|---|
Objective
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the BNY China Select ADR Index.
The fund creates short positions by investing at least 80% of its assets in financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The index is a free float-adjusted capitalization-weighted index designed by the BNY Mellon to track the performance of a basket of companies who have their primary equity listing on a Chinese stock exchange or that also have depositary receipts that trade on a U.S. exchange or on the NASDAQ. The fund is non-diversified.
Profile
| Fund type | Open Ended Investment Company |
|---|---|
| Morningstar category | Trading-Inverse Equity |
| Launch date | 03/12/2009 |
| Price currency | USD |
| Domicile | United States |
| Symbol | YANG |
| Manager & start date | Paul Brigandi 03/12/2009 |
Investment
| Total net assets | 8.77m USDAs of Apr 30 2013 |
|---|---|
| Market cap | 8.03m USD |
| Shares outstanding | 170.00k |
| Average volume (10-day) | 4.53k |
| Net expense ratio | 1.01% |
| Last dividend | -- |
| Div yield | 0.00% |
| Div ex-date | -- |
| Div pay-date | -- |
| Available for sale | United States |
Diversification
Asset type
Cash | 408.13% |
|---|---|
Other | 0.00% |
Bond | 0.00% |
US stock | 0.00% |
Non-US stock | -308.13% |
Top 5 sectors
Cash & Equivalents | 428.22% |
|---|
Top 5 Regions
Regional weighting data is unavailable.
Top 5 holdings
| Company | 1 year change | Portfolio weight | Short allocation | Long allocation |
|---|---|---|---|---|
| China Select Adr Index | -- | -97.45% | ||
| China Select Adr Index | -- | -86.12% | ||
| China Select Adr Index | -- | -68.40% | ||
| China Select Adr Index | -- | -56.17% |