CWEB Direxion Daily CSI China Internet Index Bull 2X Shares

*Unless otherwise stated, data provided by FactSet.

What is CWEB?

CWEB provides 2x leveraged daily exposure to an index composed of overseas-listed Chinese internet companies.

CWEB Factset Analytics Insight

CWEB tracks the same underlying index as KraneShares’ KWEB, but aims to deliver 2x its daily returns. Over longer periods, returns can vary significantly from its headline 2x target. CWEB’s index excludes hardware companies, and its constituents are ranked by market capitalization in US Dollars while utilizing a 10% capping methodology. Furthermore, the Index is rebalanced semi-annually. CWEB can be a fit for US investors looking for a leveraged pure play on China’s Internet ecosystem without going into the restrictive onshore A-Shares market. As a levered product, CWEB is not a buy-and-hold investment, and should not be expected to provide index leverage return greater than one day period. As such, the total cost of owning CWEB is more dependent on trading costs than management costs.

PERFORMANCE [as of 11/29/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
CWEB -- -- -- -- -- -- --
CWEB (NAV) 82.06% -30.85% -68.04% -76.33% -46.26% -38.96% --
CSI Overseas China Internet Index 39.30% -11.78% -27.51% -36.97% -14.73% -11.84% 7.08%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

CWEB Summary Data

Direxion
11/02/16
Open-Ended Fund
1.32%
$247.97M
0.11%
N/A

CWEB Portfolio Data

0.15%
N/A

CWEB Index Data

Market Cap
Market Cap
N/A

CWEB Fund Structure

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

CWEB Tax Exposures

20.00% / 39.60%
--
No

CWEB Factset Analytics Block Liquidity

As of 11/30/22
5
4
3
2
1

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

CWEB Tradability

8,202,320
$46.46M
7,491,749
$39.91M
0.11%
$0.04
0.05%
1.23% / -0.53%
None
30.54%
50,000
149.83
0.03%
--
7,552
$40.00
N/A