YANG Performance — Direxion Daily FTSE China Bear 3X Shares
Data updated: 2026-09-28
YANG returned +5.49% year to date and −7.00% over one year to Jul 2026. Annualised returns are −42.14% over 3 years and −39.47% over 5 years. Against its Trading - Inverse category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $19, against $39 for the category, and to $93 over one year, against $73. Volatility over the past three years was 61.71% a year. In the 12 months to Jul 2026 the fund lost a net $173.6M, and assets reached $86.67M.
YANG Growth of $100
What $100 invested in Direxion Daily FTSE China Bear 3X Shares grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Trading - Inverse category average over the same months.
| Period | YANG | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $93 | $73 |
| 3 years (Aug 2023 – Jul 2026) | $19 | $39 |
| 5 years (Aug 2021 – Jul 2026) | $8 | $35 |
| Since data start (Aug 2019 – Jul 2026) | $3 | $12 |
YANG Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +5.49% |
| 1 year | −7.00% |
| 3 years (annualised) | −42.14% |
| 5 years (annualised) | −39.47% |
YANG Annual Returns
Calendar-year total returns of Direxion Daily FTSE China Bear 3X Shares, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +5.49% |
| 2025 | −63.07% |
| 2024 | −71.35% |
| 2023 | +12.19% |
| 2022 | −41.72% |
| 2021 | +26.67% |
| 2020 | −58.66% |
| 2019 (Aug–Dec) | −24.19% |
YANG Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −11.3% | +19.5% | +10.2% | −7.0% | +14.6% | +31.9% | −35.8% | — | — | — | — | — |
| 2025 | −14.4% | −27.8% | −8.0% | +6.2% | −10.7% | −18.3% | −5.0% | −11.6% | −15.7% | +8.9% | +1.6% | +7.0% |
| 2024 | +30.0% | −23.2% | −8.4% | −16.5% | −14.7% | +6.7% | +3.3% | −8.9% | −48.6% | −11.1% | +7.2% | −10.6% |
| 2023 | −32.7% | +44.4% | −18.0% | +11.8% | +25.7% | −16.2% | −31.2% | +33.6% | +9.3% | +10.7% | +2.5% | +4.7% |
| 2022 | −14.9% | +25.9% | −25.2% | +3.5% | −15.5% | −23.5% | +35.3% | −1.0% | +54.9% | +68.2% | −64.7% | −11.7% |
| 2021 | −20.8% | −1.4% | +9.8% | +0.9% | −1.6% | −3.6% | +38.6% | −6.2% | +12.4% | −12.9% | +14.0% | +6.2% |
| 2020 | +27.7% | −8.2% | −0.8% | −12.7% | −7.3% | −9.6% | −19.6% | −18.0% | +12.6% | −15.0% | −20.5% | −3.0% |
| 2019 | — | — | — | — | — | — | — | +13.4% | −5.5% | −9.9% | +0.7% | −22.1% |
YANG Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 61.71%
- 3-year Sharpe ratio: -0.76 (vs 4.5% risk-free rate)
- Best month: +33.60% (Aug 2023)
- Worst month: −48.62% (Sep 2024)
YANG Fund Flows
Monthly money in and out of Direxion Daily FTSE China Bear 3X Shares, from SEC Form N-PORT.
- 12-month net flow: −$173.6M
- 12-month gross sales (incl. reinvestments): $262.5M
- Sales ÷ redemptions: 0.60×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $26.5M | $3.5M | $23.0M |
| Jun 2026 | $7.0M | $64.9M | −$57.8M |
| May 2026 | $23.1M | $20.2M | $2.9M |
| Apr 2026 | $29.3M | $21.1M | $8.2M |
| Mar 2026 | $16.0M | $58.4M | −$42.4M |
| Feb 2026 | $4.7M | $42.7M | −$38.0M |
| Jan 2026 | $32.0M | $28.9M | $3.0M |
| Dec 2025 | $7.4M | $34.3M | −$26.9M |
| Nov 2025 | $6.6M | $65.8M | −$59.3M |
| Oct 2025 | $12.0M | $27.5M | −$15.5M |
| Sep 2025 | $63.5M | $25.0M | $38.5M |
| Aug 2025 | $34.6M | $43.8M | −$9.2M |
YANG Assets Under Management
Net assets of Direxion Daily FTSE China Bear 3X Shares by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $86.67M |
| 2026-04-30 | $110.01M |
| 2026-01-31 | $149.70M |
| 2025-10-31 | $234.37M |
| 2025-07-31 | $266.64M |
| 2025-04-30 | $225.15M |
| 2025-01-31 | $222.20M |
| 2024-10-31 | $186.51M |
| 2024-07-31 | $133.18M |
| 2024-04-30 | $166.46M |
| 2024-01-31 | $142.18M |
| 2023-10-31 | $127.62M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.