Direxion Daily FTSE China Bear 3X Shares is an exchange-traded fund that aims to provide investment results that correspond to three times the inverse (-3x) of the daily performance of the FTSE China 50 Index. Managed by Rafferty Asset Management, it primarily invests in derivatives and other funds to target companies across various sectors in China, employing a short strategy to capitalize on declines. It's designed for investors looking for a way to profit from or hedge against drops in the Chinese equity market.
If you wanted to short China at lunch and be flat by the closing bell, Direxion Daily FTSE China Bear 3X Shares (NYSEARCA:YANG) is the tool. The fund aims to deliver three…
Direxion Daily FTSE China Bear 3X Shares (NYSEARCA:YANG) seeks to deliver three times the inverse daily performance of the FTSE China 50 Index, which tracks the 50 largest Chinese companies listed on…
