Oxford Lane Capital Corp vs Direxion Daily FTSE China Bull 3x Shares — how do they compare? Oxford Lane Capital Corp trades at $8.85 (market cap $861.22M), while Direxion Daily FTSE China Bull 3x Shares trades at $27.49. The key difference: Oxford Lane Capital Corp pays a 27.21% dividend while Direxion Daily FTSE China Bull 3x Shares pays none, and Direxion Daily FTSE China Bull 3x Shares is trading nearer its 52-week high, Oxford Lane Capital Corp nearer its low. Which is the better fit depends on your goals.
| OXLC | YINN | |
|---|---|---|
Market Cap | $861.22M | — |
Sector | Financials | Leveraged / Inverse |
52-Week High | $19.90 | $56.62 |
52-Week Low | $8.15 | $21.45 |
Dividend Yield | 27.21% | — |
Trailing returns across standard periods
Latest headlines on both assets
Oxford Lane Capital Corp. is a non-diversified, closed-end management investment company. Its primary investment objective is to achieve high current income, with a secondary objective of capital appreciation. The company primarily invests in equity and junior debt tranches of collateralized loan obligations (CLOs), which are pools of corporate loans. OXLC is known for its high-yield distribution policy and provides investors with leveraged exposure to the CLO market.
Read more on OXLC →YINN is a leveraged ETF that seeks daily investment results, before fees and expenses, of 300% (3x) of the daily performance of the FTSE China 50 Index. It is a tactical instrument designed for sophisticated traders seeking to magnify short-term bullish views on large-cap Chinese equities, primarily those trading on the Hong Kong Stock Exchange.
Read more on YINN →