CHAU

Direxion Daily CSI 300 China A Share Bull 2X Shares
*Unless otherwise stated, data provided by FactSet.

CHAU Fund Description

The Direxion Daily CSI 300 China A Share Bull 2X Shares ETF provides daily 2x leveraged exposure to an index of the 300 largest and most liquid Chinese shares traded on the Shanghai and Shenzhen exchanges.

CHAU Factset Analytics Insight

CHAU is a leveraged play on the much-sought-after China A-share market, using swaps to mimic twice the daily returns on the CSI 300 Index (tracked in unlevered form by Deutsche's ASHR). CHAU 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. CHAU invests in large, well-traded Chinese stocks that trade only on the mainland. This doesn't match up very well with the Chinese market as a whole, and significantly overweights financials, so bear in mind that CHAU's exposure isn't exactly marketlike. CHAU trades in decent volume with manageable spreads. While its fee is high, it's pretty average for a leveraged ETF and most investors won't be around long enough to incur significant holding costs.

CHAU CHARTS AND PERFORMANCE

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
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Select ETFs to compare their performance:
PERFORMANCE [as of 09/21/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
CHAU 3.02% -15.80% -35.58% -28.69% 1.11% -- --
CHAU (NAV) 2.86% -15.56% -35.57% -28.58% 1.07% -- --
CSI 300 Index -- -- -- -- -- -- --
MSCI All China IMI Index 0.40% -9.95% -19.04% -18.80% 0.29% 5.07% 7.46%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

CHAU Summary Data

Direxion
04/16/15
Open-Ended Fund
1.04%
$70.00M
0.12%

CHAU Portfolio Data

0.01%
09/25/18

CHAU Index Data

CSI 300 Index
Market Cap
Market Cap
MSCI All China IMI Index

CHAU Fund Structure

Yes
Yes
No Policy
N/A
N/A
Low
2
Daily

CHAU Tax Exposures

20.00% / 39.60%
--
No
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

CHAU Factset Analytics Block Liquidity

As of 09/24/18
5
4
3
2
1

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

CHAU Tradability

167,079
$3.04M
154,381
$2.96M
0.12%
$0.02
0.02%
0.73% / -0.44%
Potential
0.00%
50,000
3.09
0.03%
9.30%
5,533
$19.15
N/A