Openbookopenbook
Openbook
YANG
-2.49 · -9.59%
$23.50 · NYSE ARCA

Direxion Daily FTSE China Bear 3X Shares (YANG) ETF Analysis | Trading--Inverse Equity

Direxion Funds · United States
AUM:$137.6M
#– of – in Trading--Inverse Equity ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Down 36.3% over the past year, indicating meaningful price weakness.

Cost Efficiency

Ongoing charge of 1.09% — above average for this category.

What is YANG?

The fund, under normal circumstances, invests at least 80% of the fund"s net assets (plus borrowing for investment purposes) in financial instruments, that, in combination, provide 3X daily inverse (opposite) or short exposure to the index or to ETFs that track 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 (SEHK).

Performance Highlights

Returns (%)
Cost & Yield (%)

Investment Breakdown

Negative 12-Month Return
YANG returned -36.3% over the past year, reflecting recent market conditions.
Higher Cost Profile
Expense ratio of 1.09% is above average. Verify whether the strategy justifies the cost.
Moderate Concentration
Top 10 holdings make up 32.7% of the ETF — a moderate level of name concentration.
ETF Information
AUM$137.6M
Expense Ratio1.09%
Dividend Yield4.54%
Holdings1
Inception DateDec 2009
DomicileUnited States
DistributionNA
Index–
ProviderDirexion Funds
Beta-1.45
CategoryTrading--Inverse Equity
CurrencyUSD
Portfolio Impact

How would YANG affect your portfolio?

Sign in to see exactly what adding this ETF changes — sector exposure, yield, diversification, volatility. Real numbers from your actual holdings.

Sign in
Example preview
6168
+7 points · better diversified

Chart Tools

My Portfolio

Sign in to overlay your portfolio on the chart.

Sign in
Compare Equity
Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
+8.1%
1Y
+11.2%
3Y
-83.3%
5Y
-91.2%
OpenBook InsightIf you had invested £10,000 in YANG 5 years ago, it would have fallen to £884 — a loss of £9,116.

Annual Returns

Calendar year performance

YANG delivered positive returns in 2 of the last 5 calendar years.
YearYANG
2026 YTD+29.4%
2025-64.6%
2024-73.9%
2023+24.6%
2022-41.9%
CAGR 4yr-49.2%
2/5 positive yearsAvg return: -25.3%Worst year: -73.9% (2024)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: MIXED
Trend Strength
67%
Positive
Volatility
44.2%
Very High
Momentum
-4.0%
30-day change
Support Level
26.26
Key floor
Key Insights
  • Elevated volatility indicates higher short-term price variability and risk.
  • Monitor key support and resistance levels as part of broader risk assessment.
openbook

Stock research for UK and US investors. Make smarter decisions, faster.

Questions? Email us at contact@openbookanalytics.com

© 2026 Openbook Analytics Ltd · Company No. SC843579 · Registered in Scotland

256-bit encryption GDPR compliant UK data centres

Openbook Analytics Ltd (Company No. SC843579) is registered in Scotland. Registered office: Strathclyde Inspire Hub, University of Strathclyde, Graham Hills Building (Level 6), 50 Richmond Street, Glasgow, G1 1XP. Openbook Analytics is not authorised or regulated by the Financial Conduct Authority (FCA). The content on this platform is provided for general informational and educational purposes only and does not constitute financial advice, investment advice, trading advice, or any other form of advice. You should not treat any content on this platform as a recommendation to buy, sell, or hold any financial instrument. Past performance is not a reliable indicator of future results. The value of investments and the income from them can go down as well as up, and you may get back less than you invest. User-generated content, including community posts and commentary, reflects the personal opinions of individual users, is not verified for accuracy, and does not represent the views of Openbook Analytics Ltd. You should always conduct your own research or consult a qualified, FCA-regulated financial adviser before making investment decisions. Data displayed on this platform may be delayed or inaccurate and is provided "as is" without warranty. Openbook Analytics Ltd accepts no liability for any loss arising from reliance on the information provided.