Name of ETF: Direxion Daily FTSE China Bear 3X Shares
Benchmark Index: FTSE China 50 Index
Ticker Symbol: YANG
Approximate Number of Stocks in this ETF: 50
Types of Stocks Included in this ETF: Large-sized Chinese companies traded on the Hong Kong Stock Exchange.
Daily Target: -3x
Leveraged-Short ETF: This ETF allows investors to take a leveraged bearish position against the FTSE China 50 Index. If the FTSE China 50 Index goes down, this ETF is designed to go up three times the amount the index went down. Conversely, if the FTSE China 50 Index goes up, this ETF is designed to go down three times the amount the index went up.
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