CHAD

Direxion Daily CSI 300 China A Share Bear 1X Shares
CLOSING PRICECHANGE (%)VOLUME
$35.24+0.14 (0.40%)7.13K
3:59:00 p.m. (ET) 07/21/2017
BZX EXCHANGE CLOSED
LAST TRADECHANGE (%)
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BID SIZEBID ($)ASK ($)ASK SIZE
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CHAD Fund Description

The Direxion Daily CSI 300 China A Share Bear 1X Shares ETF provides daily inverse exposure to an index of the 300 largest and most liquid Chinese shares traded on the Shanghai and Shenzhen exchanges.

CHAD FactSet Analytics Insight

CHAD is Direxion's second fund revolving around the much-sought-after China A-share market, this time offering inverse exposure to the returns of the CSI 300 Index. Just like Direxion's first fund—CHAU—was the first fund with geared exposure to the China A-share market, this fund is the first inverse play on the same market: when the A-share market has a bad day, investors holding this fun have a good one. CHAD rebalances its leveraged exposure daily, so over a period of time, compounding effects can lead to profound differences in expected returns relative to the index. CHAD bets against large, well-traded Chinese stocks that trade only on the mainland. CHAD launched in June 2015 and should be traded with care, especially since it's a leveraged emerging market fund whose shares trade when underlying markets are closed. It doesn't see massive volume, and spreads can be wide. CHAD's fee isn't small, but is actually reasonable compared with other inverse/leveraged China funds.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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TOP OF BOOK
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LAST 10 TRADES
TIMEPRICESHARES
13:37:1435.29100
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Bats BZX Real-time Quote - 23:59:59
Daily Spread
Premium/Discount
Volume

CHAD FactSet Analytics Block Liquidity

As of 07/21/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of CHAD. CHAD is rated a N/A out of 5.

CHAD Summary Data

06/17/15
Open-Ended Fund
0.84%
$73.97 M

CHAD Portfolio Data

0%
09/19/17

CHAD Index Data

Market Cap
Market Cap
N/A

CHAD Fund Structure

Yes
No
0% / 100%
N/A
N/A
Low
-1x
Daily

CHAD Tax Exposures

20.00% / 39.60%
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No

CHAD Tradability

16,492
$626.31 K
9,526
$356.93 K
0.24%
-0.04%
0.45% / -0.40%
Potential
50,000
0.19
0%
75
$35.10
N/A