Materials Select Sector SPDR Fund vs Direxion Daily FTSE China Bull 3x Shares — how do they compare? Materials Select Sector SPDR Fund trades at $50.12, while Direxion Daily FTSE China Bull 3x Shares trades at $27.9. The key difference: Materials Select Sector SPDR Fund is trading nearer its 52-week high, Direxion Daily FTSE China Bull 3x Shares nearer its low. Which is the better fit depends on your goals.
| XLB | YINN | |
|---|---|---|
52-Week High | $53.62 | $56.62 |
52-Week Low | $42.23 | $21.45 |
Sector | — | Leveraged / Inverse |
Trailing returns across standard periods
Latest headlines on both assets
In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes securities of companies from the following industries: chemicals; metals and mining; paper and forest products; containers and packaging; and construction materials. The fund is non-diversified.
Read more on XLB →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.
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