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). The fund is non-diversified.
Frequently asked questions
What is the Direxion Daily FTSE China Bear 3X Shares (YANG) expense ratio?
The Direxion Daily FTSE China Bear 3X Shares funds expense ratio is 1.09%.
What is Direxion Daily FTSE China Bear 3X Shares (YANG) current stock price?
As of the latest data, Direxion Daily FTSE China Bear 3X Shares stock price is $36.58, with a previous close of $37.24. Direxion Daily FTSE China Bear 3X Shares lost -$0.66 in the last trading session, representing a -1.77% loss.
Does Direxion Daily FTSE China Bear 3X Shares (YANG) pay dividends?
Yes. Direxion Daily FTSE China Bear 3X Shares pays quarterly dividends with an annualized yield of 2.69% and an estimated annual payout of $0.98 per share.