YINN vs YXI: which held to its multiple?

Over three months against its own daily promise, YINN finished 3.7 points short and YXI 1.3 points over. Direxion Daily FTSE China Bull 3X ETF and ProShares Short FTSE China 50.

+14.2%
YINN returned, 3 months
−5.4%
YXI returned, 3 months
−5.0 pts
YINN from its stated multiple
+1.0 pts
YXI from its stated multiple
YINN · 3 months to Sep 30, 20265 pts short of its stated multiple
5 pts short of its stated multipleYINN returned +14.2% while 3 times FXI's move would have been +19.2%FXI +6.4% ×3 implies+19.2%YINN returned+14.2%5 pts short of its stated multipleYINN returned +14.2% while 3 times FXI's move would have been +19.2%FXI +6.4% ×3 implies+19.2%YINN returned+14.2%

YINN returned +14.2% while 3 times FXI's move would have been +19.2%

YXI · 3 months to Sep 30, 20261 pt ahead of its stated multiple
1 pt ahead of its stated multipleYXI returned −5.4% while −1 times FXI's move would have been −6.4%FXI +6.4% ×−1 implies−6.4%YXI returned−5.4%1 pt ahead of its stated multipleYXI returned −5.4% while −1 times FXI's move would have been −6.4%FXI +6.4% ×−1 implies−6.4%YXI returned−5.4%

YXI returned −5.4% while −1 times FXI's move would have been −6.4%

ETFIQ Decay Resistance Score · YXI scores higherDid it keep up with its own daily multiple, compounded day by day?

YINN among the 470 leveraged ETFs, long, over three months

YINN 28
0.1, the lowest in this set99.9, the highest

YXI among the 125 inverse ETFs over three months

YXI 35.6
0.4, the lowest in this set99.6, the highest

A percentile among the 470 leveraged ETFs, long, over three months. YXI is a percentile among the 125 inverse ETFs over three months, a different set, so the two marks are not on one scale. It is a position in a set, not a rating, and neither end of it is a recommendation. All leveraged ETFs ranked by it → How it is computed →

Performance, window by window

Total returnMultiple would giveDifference
WindowYINNYXIYINNYXIYINNYXI
1 month−12.7%+4.4%−11.5%+3.8%−1.2 pts+0.5 pts
3 months+14.2%−5.4%+19.2%−6.4%−5.0 pts+1.0 pts
6 months−19.7%+5.1%−10.8%+3.6%−8.9 pts+1.4 pts
1 year−52.5%+21.0%−47.3%+15.8%−5.2 pts+5.2 pts
3 years−6.7%−29.8%+115.1%−38.4%−121.8 pts+8.6 pts
Since launch
YINN Jan 2010 · YXI Mar 2010
−96.3%−73.8%+50.7%−21.8%−147.0 pts−52.1 pts

YINN and YXI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

YINN
Direxion Daily FTSE China Bull 3X ETF · Aims to return three times the daily move of iShares China Large-Cap ETF (FXI)
YXI
ProShares Short FTSE China 50 · Aims to return 1 times the opposite of the daily move of iShares China Large-Cap ETF (FXI)
Issuer Direxion ProShares
Sets out to return +3x -1x
Underlying asset FXI FXI
Segment country country
Fund returned, 3 months or since launch +14.2% −5.4%
Underlying returned, over that window +6.4% +6.4%
What the stated multiple implies, over that window +19.2% −6.4%
Difference from stated, over that window −5.0 pts +1.0 pts
Fund returned, 1 year or since launch −52.5% +21.0%
Difference from stated, over that window −5.2 pts +5.2 pts
Underlying volatility 17% 17%
Expense ratio 1.34% 0.95%
Launched Jan 4, 2010 Mar 18, 2010
Net assets $583m $4m

YINN and YXI on the same fields, as of Sep 30, 2026. Source: ETFIQ.

YINN in plain words

Three months to Sep 30, 2026: YINN returned +14.2% where its own daily promise gave +17.9%, 3.7 points short. Read the multiple against the whole window instead and 3 times FXI's 6.4% implies +19.2%, which makes YINN look 5.0 points short. 1.4 of that is daily compounding, which happens to any 3 times fund over the same path, and the rest is the fund. YINN aims to return +3 times FXI's move each day, then resets. Over one day it does that. Over longer, the daily results compound, so the total is not +3 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more. FXI moved at 17% annualized over that window. That is what decides how far the two figures separate: the same fund on a calm underlying and a violent one is a different product.

YXI in plain words

Three months to Sep 30, 2026: YXI returned −5.4% where its own daily promise gave −6.7%, 1.3 points over. Read the multiple against the whole window instead and −1 times FXI's 6.4% implies −6.4%, which makes YXI look 1.0 points over. 0.3 of that is daily compounding, which happens to any −1 times fund over the same path, and the rest is the fund. YXI aims to return -1 times FXI's move each day, then resets. Over longer, the daily results compound, so the total is not -1 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more.

Questions people ask

Which came closer to its stated multiple, YINN or YXI?
Over the window to Sep 30, 2026, YINN finished 5.0 points from what its multiple implies and YXI finished 1.0 points from its own, so YXI came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are YINN and YXI levered on the same thing?
Yes. Both are levered on iShares China Large-Cap ETF, YINN at +3 times and YXI at -1 times the daily move.
Which one decays faster, YINN or YXI?
Decay follows how much the underlying moves about. Over this window YINN’s moved at 17% annualized and YXI’s at 17%, so YINN has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold YINN or YXI for a year?
Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.
Which is cheaper, YINN or YXI?
YINN charges 1.34% a year and YXI charges 0.95%, so YXI is cheaper. Fees come from each fund's prospectus.
Cite this page

ETFIQ, YINN against YXI, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/yinn-vs-yxi

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.