CHAU

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

CHAU Fund Description

CHAU 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 China A-share market, using swaps to mimic twice the daily returns on the CSI 300 Index. 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. The index invests in large, well-traded Chinese stocks that trade only on the mainland through the subadvisor, Harvest Global Investments, which has an RQFII license up to a specific quota. If the quota is reached, the index will have to either get its quota increased, use derivatives to maintain exposure, or limit or halt creations, so monitoring is warranted. CHAU is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one-day period. The index is reviewed semi-annually.

CHAU MSCI ESG Analytics Insight

Direxion Daily CSI 300 China A Share Bull 2X Shares has an MSCI ESG Fund Rating of BBB based on a score of 5.24 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 Bull 2X Shares ranks in the 33th percentile within its peer group and in the 32nd 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
CHAU -3.25% 2.20% -1.10% 95.78% 17.82% 20.28% --
CHAU (NAV) -4.58% 21.40% -2.06% 65.63% 2.53% -16.96% --
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.

CHAU Summary Data

Direxion
04/16/15
Open-Ended Fund
1.21%
$136.63M
0.11%
N/A

CHAU Portfolio Data

0.02%
N/A

CHAU Index Data

CSI 300 Index
Market Cap
Market Cap
N/A

CHAU Fund Structure

Yes
Yes
-- / --
N/A
N/A
Low
2
Daily

CHAU Tax Exposures

20.00% / 39.60%
--
No

CHAU 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 CHAU. CHAU is rated a N/A out of 5.

CHAU Tradability

83,142
$3.53M
74,193
$3.20M
0.11%
$0.05
0.00%
0.48% / -0.38%
None
0.00%
50,000
1.48
0.02%
--
3,920
$40.98
N/A

CHAU MSCI ESG Ratings

5.24 / 10
31.93
33.15
1.19%
0.50%
124.20