CHAD

Direxion Daily CSI 300 China A Share Bear 1X Shares
*Unless otherwise stated, data provided by FactSet.

CHAD Fund Description

CHAD 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, 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 is underperforming, investors can expect the opposite effect. 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. The index is reviewed semi-annually.

CHAD MSCI ESG Analytics Insight

Direxion Daily CSI 300 China A Share Bear 1X Shares has an MSCI ESG Fund Rating of A based on a score of 5.73 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Direxion Daily CSI 300 China A Share Bear 1X Shares ranks in the 42nd percentile within its peer group and in the 33th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 06/18/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
CHAD 0.70% -2.91% -4.12% -36.20% -18.26% -16.90% --
CHAD (NAV) 1.60% -10.81% -3.59% -33.96% -10.59% -- --
CSI 300 Index -1.51% 0.70% -0.06% 41.32% -- 13.32% 8.12%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

CHAD Summary Data

Direxion
06/17/15
Open-Ended Fund
0.85%
$128.92M
0.20%
N/A

CHAD Portfolio Data

0.36%
N/A

CHAD Index Data

CSI 300 Index
Market Cap
Market Cap
N/A

CHAD Fund Structure

Yes
No
-- / --
N/A
N/A
Low
-1
Daily

CHAD Tax Exposures

20.00% / 39.60%
--
No

CHAD Factset Analytics Block Liquidity

As of 06/21/21
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 Tradability

7,868
$132.76K
5,429
$86.97K
0.20%
$0.03
-0.01%
0.26% / -0.27%
None
0.00%
50,000
0.11
0.00%
--
361
$17.05
N/A

CHAD MSCI ESG Ratings

5.73 / 10
33.33
42.18
--
0.01%
2.50