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YANGDirexion Daily FTSE China Bear 3X Shares

Take a bet16y track recordRanked #118 of 995 in this goal

Seeks daily investment results of 300% of the inverse of the daily performance of the Index.

By Direxion Funds · Launched 2009

Annual Cost

1.02%

#5,457 of 6,040 · expensive

Fund Size

$103M

#3,069 of 6,040 · mid-size

Return (1Y)

+50.6%

Track Record

16 years

#724 of 6,040 · established

Performance

Total-return NAV · USD
Growth of $10,000
$22,293+122.9%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Strategy

Inverse

Index tracked

FTSE China 50 Index

Holdings

By weight

Concentration

synthetic exposure — holdings shown are derivatives collateral, not the fund's positions

DREYFUS GOVERNMENT CASH MANAGE
62.2%
GOLDMAN FINANCIAL
31.1%
N/A
11.0%
DREYFUS
10.5%
N/A
3.8%
N/A
3.4%
N/A
1.3%

Asset allocation

Cash
96.9%
Stocks
3.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
58.4%High

Year-on-year price swings

Max drawdown
-99.3%Severe

Worst peak-to-trough loss

Sharpe (3Y)
-0.34Below average
Sortino (3Y)
-0.47Moderate downside risk

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results of 300% of the inverse of the daily performance of the Index.
Strategy
Invests at least 80% of net assets in financial instruments, including swaps and futures, to provide 3X daily inverse exposure to the Index of the largest public Chinese companies. The Fund is non-diversified and may concentrate investments in specific industries, with high portfolio turnover due to daily rebalancing.
Inception date
December 3, 2009
Fund family
Direxion Funds

Next steps

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Data updated on 2026-09-19