YINN vs. QAI ETF Comparison
Comparison of Direxion Daily China Bull 3x Shares (YINN) to IQ Hedge MultiIQ Hedge Multi-Strategy Tracker ETF (QAI)
YINN
Direxion Daily China Bull 3x Shares
YINN Description
The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the BNY China Select ADR Index. The fund creates long positions by investing at least 80% of its assets in the securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is a free float-adjusted capitalization-weighted index designed by the BNY Mellon to track the performance of a basket of companies who have their primary equity listing on a Chinese stock exchange or that also have depositary receipts that trade on a U.S. exchange or on the NASDAQ. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$21.61
Average Daily Volume
5,731,421
1
QAI
IQ Hedge MultiIQ Hedge Multi-Strategy Tracker ETF
QAI Description
The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ Hedge Multi-Strategy Index. The fund invests normally at least 80% of its net assets (excluding collateral held from securities lending), plus the amount of any borrowings for investment purposes, in the investments included in its underlying index, which includes underlying funds. The underlying index consists of a number of components ("underlying index Components") selected in accordance with IndexIQ's rules-based methodology of such underlying index.Grade (RS Rating)
Last Trade
$30.47
Average Daily Volume
104,367
41
Performance
| Period | YINN | QAI |
|---|---|---|
| 30 Days | 18.10% | -0.62% |
| 60 Days | 9.31% | 0.82% |
| 90 Days | 25.39% | 1.90% |
| 12 Months | -39.56% | 8.88% |
0 Overlapping Holdings
| Symbol | Grade | Weight in YINN | Weight in QAI | Overlap |
|---|
YINN Overweight 1 Positions Relative to QAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| FXI | A | 17.97% |
YINN Underweight 41 Positions Relative to QAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| FLOT | A | -15.8% | |
| MUB | B | -3.61% | |
| SIVR | B | -0.0% | |
| GLDM | B | --0.01% | |
| SPHQ | C | --0.01% | |
| PIN | A | --0.01% | |
| FLJP | D | --0.01% | |
| VGLT | D | --0.02% | |
| CTA | A | --0.03% | |
| BBJP | D | --0.04% | |
| SCHG | D | --0.04% | |
| KMLM | B | --0.05% | |
| COMT | A | --0.05% | |
| VMBS | D | --0.07% | |
| PFFD | C | --0.08% | |
| MBB | D | --0.12% | |
| ARB | C | --0.17% | |
| SOXX | D | --0.18% | |
| DBMF | A | --0.18% | |
| HYLB | B | --0.23% | |
| MTUM | D | --0.3% | |
| PDBC | A | --0.34% | |
| DBA | A | --0.37% | |
| SCHR | F | --0.41% | |
| SRLN | A | --0.42% | |
| JEPI | B | --0.45% | |
| PFF | C | --0.47% | |
| BKLN | A | --0.53% | |
| VTEB | B | --0.55% | |
| JEPQ | C | --0.56% | |
| ICVT | C | --0.57% | |
| FXB | D | --0.57% | |
| STIP | A | --0.57% | |
| MNA | F | --0.71% | |
| FLRN | A | --0.87% | |
| UUP | A | --0.97% | |
| BIL | A | --1.06% | |
| CWB | C | --1.15% | |
| VGIT | F | --1.26% | |
| SGOV | A | --1.28% | |
| BWX | F | --2.09% |
YINN: Top Represented Industries & Keywords
QAI: Top Represented Industries & Keywords
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