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FAS vs YINN

Direxion Daily Financial Bull 3X ETF

FASANYSE Arca

Direxion Daily FTSE China Bull 3X Shares

YINNFNYSE Arca

Overlap

Expense ratio

FAS −0.46pt a year

FAS0.88%YINN1.34%

Avg volume · 30D

YINN 3.2×the volume

FAS413KYINN1.34M

10Y return · a year

FAS +43.6pt

FAS+20.9%YINN−22.7%

FAS vs YINN Performance

Oct 29, 2021 – Oct 30, 2026

+31.4%FAS−88.8%YINN

Oct 29, 2021 to Oct 30, 2026. FAS +31.4%. YINN −88.8%. Use the arrow keys to read each point.−50%−25%0%50%Oct 2021Apr 2024Oct 2026
Expense ratio
FAS 0.88%, better
YINN 1.34%
Fund size
FAS $2.17B
YINN $545M
1Y total return
FAS +12.3%, better
YINN −50.8%
Yield (12M)
FAS 8.87%, better
YINN 4.14%
Holdings
FAS 87
YINN 13
Avg volume (30D)
FAS 413K sh
YINN 1.34M sh, better
NAV per share
FAS $168.18
YINN $21.78
52W range

ETF.net Grade

FAS: Cost 92, Risk 69, Mission not scored, Tradability 73, Holdings not scored, Durability 66. YINN: Cost 0, Risk 21, Mission not scored, Tradability 45, Holdings not scored, Durability 59.
Pillar letters and Scores for FAS, YINN, with each pillar’s weight
PillarFASYINN
Cost30% weightA92HigherF0
Mission25% weightNot scoredNot scored
Risk15% weightB69HigherF21
Tradability15% weightA73HigherC45
Holdings10% weightNot scoredNot scored
Durability5% weightB66HigherB59

Rank among 3x Leveraged Long funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. FAS and YINN are both graded against the same 30 3x Leveraged Long funds, so their Grades compare head to head.

3x Leveraged Long⁠

Category · 30 funds
See all 30 ›

FAS ranks 3rd and YINN 29th of 30 funds in the 3x Leveraged Long Category.

  1. Rank 1ATQQQProShares UltraPro QQQScore 86
  2. Rank 2AUDOWProShares UltraPro Dow30Score 81
  3. Rank 3AFASDirexion Daily Financial Bull 3X ETFScore 80
  4. Rank 4ASOXLDirexion Daily Semiconductor Bull 3X ETFScore 76
  5. Rank 28DKORUDirexion Daily MSCI South Korea Bull 3X ETFScore 26
  6. Rank 29FYINNDirexion Daily FTSE China Bull 3X SharesScore 19
  7. Rank 30FMEXXDirexion Daily MSCI Mexico Bull 3X ETFScore 18

Our read on each fund

ETF.net Research

FASADirexion Daily Financial Bull 3X ETF

YINNFDirexion Daily FTSE China Bull 3X Shares

In short

FAS Born in November 2008 with the banking system on fire, FAS aims to deliver three times the daily move of the Financial Select Sector Index. A one-day tool on roughly 80 financial stocks, built around a single-day objective.

YINN The blunt instrument for a China trade: 3x the daily move of the FTSE China 50, the 50 biggest Chinese names listed in Hong Kong. Running since 2009, and rewired at the close every single day.

Stated mandate

FAS The fund seeks a daily return equal to three times the performance of the Financial Select Sector Index, before fees and expenses. It is designed for a single-day objective rather than a multiple of the index’s cumulative return over longer periods.

YINN The fund seeks a daily return equal to 300% of the performance of the FTSE China 50 Index, before fees and expenses.

Why people hold it

  • FAS Launched in November 2008, into the crisis itself, and still one of the strongest implementations in its 3x peer group.
  • Costs 0.88% net of a waiver through September 1, 2027 (0.92% gross), below the median for 3x leveraged funds.
  • A multi-billion-dollar fund that trades steadily, so the leverage arrives in a reasonably liquid wrapper.
  • Straightforward plumbing: 3x the daily move of one named large-cap financials index, about 80 stocks, no stock-picking overlay.
  • YINN Seeks 300% of the FTSE China 50's daily move, one of the few US-listed routes to 3x China exposure, with a bear twin (YANG) built on the same index for the other direction.direxion.com
  • XPP tracks the same index at 2x and charges 1.53%. YINN's 1.34% buys a bigger multiple for a smaller fee.
  • Live since 2009, through several full China boom-and-bust cycles, and it stays actively traded rather than thinly quoted.

Worth knowing

  • FAS The 3x goal resets every day. Hold longer and compounding can push results away from three times the index's move over that stretch, especially in choppy markets.
  • Leverage runs both directions: down days are magnified just as sharply, and this is one sector in one direction with no diversification cushion.
  • Not the cheapest 3x on the shelf: SOXL runs 0.75% and TQQQ 0.78%, each net of waivers through September 1, 2027 and September 30, 2027.
  • YINN The leverage resets daily. Hold longer than a day and compounding takes over, so results can diverge sharply from 3x the index's move over that stretch.direxion.com
  • At 1.34% a year, it sits above the median for leveraged bull funds, a real cost on a product built around short holding periods.
  • Offshore China only: H shares, P chips and red chips listed in Hong Kong, no mainland A shares, and that market is closed while the US session runs.lseg.comdirexion.com

Full FAS profile⁠

Full YINN profile⁠

FAS vs YINN Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FAS vs YINN Cost

Overpaying YINN vs FAS

$7,260

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • FAS 0.88%

    $16,705

  • YINN 1.34%

    $23,965

$10,000
30 years

Cost over time

  • FAS 0.88%
  • YINN 1.34%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K$25K051015202530YINN $23,965FAS $16,705

Year by year

YearFASYINNOverpaying
10$1,559$2,329$770
20$5,891$8,621$2,730
30$16,705$23,965$7,260

Expense ratio

  • 0.88%FAS, cheaper
  • 1.34%YINN
  • Middle half of 3x Leveraged Long funds
  • Median 0.96%

FAS 4th cheapest of 30 funds

YINN 30th cheapest of 30 funds

FAS vs YINN Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
FAS 8.87%, better
YINN 4.14%
Payout (12M)
FAS $14.62
YINN $0.94
Last payment
FAS $1.00
YINN $0.56
Ex-dividend
FAS Sep 22, 2026
YINN Sep 22, 2026
Paid on
FAS Sep 29, 2026
YINN Sep 29, 2026
Frequency
FAS Quarterly
YINN Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

FASQuarterly · 36 paymentsAll FAS payments⁠
One bar per payment. 36 payments from 2017 to 2026 YTD. Dec 19, 2017 $0.08; Mar 20, 2018 $0.13; Jun 19, 2018 $0.16; Sep 25, 2018 $0.19; Dec 27, 2018 $0.16; Mar 19, 2019 $0.16; Jun 25, 2019 $0.17; Sep 24, 2019 $0.15; Dec 23, 2019 $0.11; Mar 24, 2020 $0.12; Jun 23, 2020 $0.04; Sep 22, 2020 $0.05; Dec 22, 2020 $0.08; Mar 23, 2021 $0.13; Jun 22, 2021 $0.14; Sep 21, 2021 $0.15; Dec 21, 2021 $0.36; Jun 22, 2022 $0.12; Sep 20, 2022 $0.22; Dec 20, 2022 $0.33; Mar 21, 2023 $0.17; Jun 21, 2023 $0.62; Sep 19, 2023 $0.29; Dec 21, 2023 $0.38; Mar 19, 2024 $0.36; Jun 25, 2024 $0.27; Sep 24, 2024 $0.32; Dec 23, 2024 $0.19; Mar 25, 2025 $0.46; Jun 24, 2025 $0.50; Sep 23, 2025 $0.39; Dec 10, 2025 $12.09; Dec 23, 2025 $0.39; Mar 24, 2026 $0.60; Jun 23, 2026 $0.53; Sep 22, 2026 $1.00. Use the arrow keys to read each point.$0$102017202020232026YTD
YINNQuarterly · 30 paymentsAll YINN payments⁠
One bar per payment. 30 payments from 2017 to 2026 YTD. Dec 19, 2017 $7.53; Sep 25, 2018 $2.68; Dec 27, 2018 $0.86; Mar 19, 2019 $1.28; Jun 25, 2019 $2.16; Sep 24, 2019 $0.22; Dec 23, 2019 $2.44; Mar 24, 2020 $0.76; Jun 23, 2020 $0.48; Dec 22, 2020 $1.83; Mar 23, 2021 $0.91; Jun 22, 2021 $0.04; Dec 21, 2021 $0.27; Mar 22, 2022 $0.01; Jun 22, 2022 $0.07; Dec 20, 2022 $0.46; Mar 21, 2023 $0.18; Jun 21, 2023 $0.24; Sep 19, 2023 $0.07; Dec 21, 2023 $0.39; Mar 19, 2024 $0.05; Jun 25, 2024 $0.12; Sep 24, 2024 $0.03; Dec 23, 2024 $0.31; Mar 25, 2025 $0.11; Jun 24, 2025 $0.26; Dec 23, 2025 $0.11; Mar 24, 2026 $0.06; Jun 23, 2026 $0.21; Sep 22, 2026 $0.56. Use the arrow keys to read each point.$0$102017202020232026YTD

FAS vs YINN Risk

Fall from peak · 5 years

  • FAS
  • YINN
Oct 29, 2021 to Oct 30, 2026. Worst fall: YINN −94.0% · Jan 2024. Use the arrow keys to read each point.−100%−75%−50%−25%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
FAS 46.3%, betterYINN 67.5%
Return per unit of riskSharpe ratio, 3 years
FAS 1.03, betterYINN 0.21
Worst fallMax drawdown, 5 years
FAS −66.9%, betterYINN −94.0%
Market sensitivityBeta, 5 years
FAS 2.63YINN 0.98

Popular comparisons

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    Expense ratio
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