CWEB

Direxion Daily CSI China Internet Index Bull 2X Shares
*Unless otherwise stated, data provided by FactSet.

CWEB Fund Description

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.

CWEB MSCI ESG Analytics Insight

Direxion Daily CSI China Internet Index Bull 2X Shares has an MSCI ESG Fund Rating of BB based on a score of 3.98 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 China Internet Index Bull 2X Shares ranks in the 11st percentile within its peer group and in the 5th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

CWEB Charts And Performance

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
Compare
Reset
Select ETFs to compare their performance:
PERFORMANCE [as of 01/25/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
CWEB 41.16% 56.46% 36.28% 161.05% 10.17% -- --
CWEB (NAV) 55.91% 66.57% 44.93% 204.61% 10.68% -- --
CSI Overseas China Internet Index 24.86% 32.99% 20.44% 89.53% 13.83% 23.88% --
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
1.30%
$82.90M
0.17%
N/A

CWEB Portfolio Data

0.15%
N/A

CWEB Index Data

Market Cap
Market Cap
N/A

CWEB Fund Structure

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

CWEB Tax Exposures

20.00% / 39.60%
--
No
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

CWEB Factset Analytics Block Liquidity

As of 01/26/21
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

48,902
$3.05M
46,448
$2.69M
0.17%
$0.10
-0.03%
1.02% / -1.00%
None
66.00%
50,000
0.93
0.02%
--
362
$87.86
N/A

CWEB MSCI ESG Ratings

3.98 / 10
5.17
11.26
--
0.51%
15.87