Should I buy YINN?

Should I buy YINN?

The fund rebalances its leveraged exposure daily, so over the long haul, compounding effects can lead to profound differences in expected returns relative to the index. Thus, it is not a buy-and-hold investment and should not be expected to provide index leverage returns greater than a one-day period.

What is the Direxion Daily FTSE China Bear 3X Shares?

The Direxion Daily FTSE China Bull (YINN) and Bear (YANG) 3X Shares seek daily investment results, before fees and expenses, of 300%, or 300% of the inverse (or opposite), of the performance of the FTSE China 50 Index. There is no guarantee the funds will meet their stated investment objectives.

What does Yang ETF Track?

YANG Fund Description YANG provides daily 3x inverse leveraged exposure to a market-cap-weighted index of the 50 largest Chinese stocks traded in Hong Kong.

What is soxs stock?

SOXS – Direxion Daily Semiconductor Bear 3X Shares

Previous Close 5.81
Day’s Range 5.74 – 5.99
52 Week Range 5.74 – 37.85
Volume 12,323,229
Avg. Volume 10,673,129

How does soxs ETF work?

SOXS makes big, bearish bets against the highly concentrated semiconductor industry by using swap agreements, futures contracts, and short positions. SOXS rebalances its exposure on a daily basis, thus, holding it for longer periods will expose the investor to compounding effects of the daily rebalancing.

Is SOXL a good investment?

If you are looking for funds with good return, Direxion Daily Semiconductor Bull 3x Shares can be a profitable investment option. Based on our forecasts, a long-term increase is expected, the “SOXL” fund price prognosis for 2026-10-28 is 141.698 USD.

What stocks make up soxs?

Top 4 Holdings

Company Symbol Total Net Assets
Dreyfus Government Cash Management Institutional Shs DGCXX 63.30%
Financial Square Treasury Instruments Fund FST Shares FTIXX 32.41%
Financial Square Government Fund FST Shares FGTXX 24.65%
Dreyfus Treasury Securities Cash Management Institutional Shares DIRXX 3.76%

Will SOXL go up again?

Based on our forecasts, a long-term increase is expected, the “SOXL” fund price prognosis for 2026-10-28 is 141.698 USD. With a 5-year investment, the revenue is expected to be around +183.62%. Your current $100 investment may be up to $283.62 in 2026.

Is SOXL overvalued?

The price has risen in 6 of the last 10 days and is up by 12.87% over the past 2 weeks….Predicted Opening Price for Direxion Daily Semicondct Bull 3X ETF of Friday, October 22, 2021.

Fair opening price October 22, 2021 Current price
$44.87 $45.59 (Overvalued)

What companies are in TECL?

Top 25 Holdings

Company Symbol Total Net Assets
Apple Inc. AAPL 15.37%
Microsoft Corp. MSFT 14.65%
Dreyfus Government Cash Management Institutional Shs DGCXX 13.23%
Financial Square Government Fund FST Shares FGTXX 5.91%

Is SOXL ETF a good investment?

SOXL can be a powerful tool for sophisticated investors, but should be avoided by those with a low risk tolerance or a buy-and-hold strategy.” Momentum is obviously on the side of semiconductors, with SOXL up almost 94% despite the recent sell-offs due to rising yields and inflation fears.

Is SOXL going to split?

SOXL executed a forward split on March 1, 2021.