Is YINN a good buy?
With the lowest stock price, but strong economy, YINN is one of the best bargains in current market IMHO. China’s stock market is preparing to go parabolic. YINN seems to be the best advantage to play the rise.
Why is YINN going down?
Direxion 3x China Bull ETF (YINN) has slumped along with its benchmark FXI on the devastating coronavirus crisis. YINN declined more than -10% over the past year despite FXI being virtually flat due to leverage decay.
What index does YINN track?
Fund Information
| Fund Symbol | Daily Target | Benchmark Index |
|---|---|---|
| YINN | 300% | TXIN0UNU |
| YANG | -300% | TXIN0UNU |
What is ETF YINN?
YINN is an aggressive daily bet on Chinese large-cap equities, delivering 3x leveraged exposure to about 50 large and liquid names traded in Hong Kong. The fund rebalances its leveraged exposure daily, so over the long haul, compounding effects can lead to profound differences in expected returns relative to the index.
What stocks are in FNGU ETF?
Top 10 Holdings (100.00% of Total Assets)
| Name | Symbol | % Assets |
|---|---|---|
| Alibaba Group Holding Ltd ADR | BABA | 10.00% |
| Alphabet Inc A | GOOGL | 10.00% |
| Amazon.com Inc | AMZN | 10.00% |
| Apple Inc | AAPL | 10.00% |
Is FNGU an index fund?
FNGU Fund Description FNGU tracks 3x the daily price movements of an equal-weighted index of US-listed technology and consumer discretionary companies.
Is FNGU a ETF?
The “A+ Metric Rated ETF” field, available to ETF Database Pro members, shows the ETF in the Leveraged Equities with the highest Metric Realtime Rating for each individual field.
What stocks are in the FNGU ETF?