CWEBDirexion Daily CSI China Internet Index Bull 2X Shares
CWEB Fund Description
CWEB provides 2x leveraged daily exposure to an index composed of overseas-listed Chinese internet companies.
CWEB Factset Analytics Insight
CWEB charges a high but reasonable fee for a leveraged play on overseas-listed China internet companies. However, as a short-term instrument, the total cost of owning CWEB is more dependent on trading costs than management costs. CWEB tracks the same index as KraneShares’ KWEB but CWEB aims to deliver 2x the daily returns of the underlying index. Over longer periods, returns can vary significantly from its headline 2x target returns. CWEB’s underlying index excludes hardware companies. 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.
CWEB CHARTS AND PERFORMANCE
CWEB Portfolio Data
CWEB Index Data
CWEB Fund Structure
CWEB Tax Exposures
CWEB Factset Analytics Block Liquidity
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.