Direxion Daily CSI China Internet Bull 2X Shares (CWEB)

50.66
Delayed Data
As of 4:10pm ET
 -0.35 / -0.69%
Today’s Change
34.58
Today|||52-Week Range
69.08
-0.82%
Year-to-Date

Investment Objective

The investment seeks daily investment results- of 200% of the daily performance of the CSI Overseas China Internet Index. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in securities of the index- ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index is designed to measure the performance of the investable universe of publicly traded China-based companies whose primary business or businesses are in the Internet and Internet-related sectors- as defined by CSI. It is non-diversified.

4 Reasons to Bet on China ETFs Now
May 15 / Zacks.com - Paid Partner Content
 

Performance

1 month-2.07% 3 years--
3 months-15.06% 5 years--
1 year+42.24% Since inception+67.61%
Data through 05/19/2018

Quote Details

Previous close$51.01
Open day’s range50.30 – 52.47
Net asset value (NAV)51.03 (05/18/2018)
Daily volume38,629
Average volume (3 months)96,345
Data as of 4:10pm ET, 05/21/2018

Peer Comparisonvs. Trading--leveraged equity ETFs

 CWEBCategory
Performance 5-yr return--+16.48%
Expense Gross exp ratio1.52%2.01%
Risk 5 year sharpe ratio----
Net assets$125.2M$81.4M
Average market cap$21.1B$93.2B
Average P/E31.0--
Dividend / Share--0.31%

Competitors

No competitors data available.

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
KWEB KraneShares CSI China Internet ETF6.91%