Direxion Daily FTSE China Bull 3X Shares

Chinese large-caps, geared to three times their daily move in the same direction, are what YINN chases. YINN targets 300% of the one-day return of the FTSE China 50 Index, the 50 biggest Chinese names listed in Hong Kong and weighted by market value. A 1% up day for the index is meant to translate into roughly 3% for the fund. Like all daily-reset leveraged products, its math only holds for a single session; hold it through a volatile week and compounding can leave returns well off a clean 3x, for better or worse. The expense ratio is 1.34%, and Direxion has run it since 2009. Traders use YINN to press a bullish view on China or to gear up quickly without margin or futures accounts.

On MyRWA, YINN trades tokenized across 1 on-chain venue - see the listings below.