Direxion Daily CSI China Internet Index Bull 2x Shares (CWEB)
| Assets | $251.67M |
| Expense Ratio | 1.25% |
| PE Ratio | n/a |
| Shares Out | 6.47M |
| Dividend (ttm) | $1.17 |
| Dividend Yield | 2.98% |
| Ex-Dividend Date | Dec 23, 2024 |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 192,437 |
| Open | 39.16 |
| Previous Close | 38.47 |
| Day's Range | 38.96 - 39.60 |
| 52-Week Low | 24.60 |
| 52-Week High | 59.31 |
| Beta | 0.64 |
| Holdings | 11 |
| Inception Date | Nov 2, 2016 |
About CWEB
Fund Home PageThe Direxion Daily CSI China Internet Index Bull 2x Shares (CWEB) is an exchange-traded fund that is based on the CSI Overseas China Internet index. The fund provides 2x leveraged daily exposure to an index composed of overseas-listed Chinese internet companies. CWEB was launched on Nov 2, 2016 and is issued by Direxion.
Top 10 Holdings
103.87% of assets| Name | Symbol | Weight |
|---|---|---|
| KraneShares CSI China Internet ETF | KWEB | 53.15% |
| Dreyfus Govt Cash Man Ins | n/a | 22.89% |
| Goldman Sachs Sterling FixInc Port Inc | n/a | 11.59% |
| Kraneshares Csi China Internet Etf Swap | n/a | 10.53% |
| Dreyfus Trsry Securities Cash Mgmt | n/a | 10.00% |
| Cash | n/a | 1.99% |
| Bnp Collateral | n/a | -0.72% |
| Goldman Collateral | n/a | -0.72% |
| Baml Collateral | n/a | -1.47% |
| Ubs Collateral | n/a | -3.37% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2024 | $1.08405 | Dec 31, 2024 |
| Sep 24, 2024 | $0.08557 | Oct 1, 2024 |
| Jun 25, 2024 | $0.157 | Jul 2, 2024 |
| Mar 19, 2024 | $0.13783 | Mar 26, 2024 |
| Dec 21, 2023 | $0.46858 | Dec 29, 2023 |
| Sep 19, 2023 | $0.17504 | Sep 26, 2023 |
Performance
CWEB had a total return of 18.86% in the past year, including dividends. Since the fund's inception, the average annual return has been -18.08%.
News
Thawing Geopolitical Tensions Push Spotlight On Direxion's China-Focused CWEB ETF
Immediately following President Donald Trump's Liberation Day announcement in early April, the equities market suffered a catastrophic decline. At the time, the Dow Jones Industrial Average plunged 1,...
Direxion's China-Focused CWEB ETF Offers Leveraged Speculation For Bold Contrarians
While the second administration of President Donald Trump has created ripples across multiple sectors and factions, few entities are arguably as anxious about his leadership than China and businesses ...
CWEB: Set For Re-Rating Once Deflation Stabilizes
CWEB is a leveraged ETF focused on Chinese internet stocks, which act as proxies for China's mass consumption sector, including e-commerce and mobile gaming companies. Persistent deflation and weak co...
CWEB: Stay Far Away (For Now)
Leveraged ETFs are trading vehicles that amplify the returns of an underlying index, but they are risky and should be traded only at the right time. Direxion Daily CSI China Internet Bull 2X Shares ET...
CWEB: Extreme Bullish Performance Likely To Continue
CWEB is a leveraged fund for Chinese Internet public companies. Its non-leveraged counterpart is KWEB. KWEB invests in internet commerce, information technology, and software applications companies.
Cannabis REITs: Smoked Out
Cannabis REITs have been slammed this year amid concern over defaults from their cannabis cultivator tenants, which have been smoked by plunging wholesale cannabis prices and setbacks on federal legal...
China's Digital Economy: Divided But Growing
Increased regulation of China's consumer tech industry has seriously dented company revenues, with widespread implications. But the digitisation of industry - supported by government policies - provid...
CWEB: China's Internet Play Is Taking A Beating
Direxion Daily CSI China Internet Index Bull 2X Shares tracks the top performing internet companies at 2X exposure. CWEB's double down model is taking a double beating this year.
Charlotte's Web Holdings, Inc. (CWBHF) CEO Jacques Tortoroli on Q2 2022 Results - Earnings Call Transcript
Charlotte's Web Holdings, Inc. (OTCQX:CWBHF) Q2 2022 Earnings Conference Call August 9, 2022 10:00 AM ET Company Participants Cory Pala - Director, Investor Relations Jacques Tortoroli - Chief Executi...
Bullish On China-Based Internet Stocks? This ETF Offers 3X Leverage
Direxion Daily CSI China Internet Index Bull 2x Shares (NYSE: CWEB) closed down 1.62% on Thursday in consolidation. Consolidation can be determined by looking at volume on a security, which in this ca...
Cannabis REITs: When They Go Low, We Get High
High on Growth: Cannabis REITs are far-and-away the best-performing REIT sector of the past half-decade as the budding industry thrives in the murky and often contradictory regulatory framework of leg...
Volatility Creates Opportunity In China's Equity Market
China is the second largest economy on the planet with more economic growth and disruption than anywhere else. Over recent years, Chinese companies have increasingly chosen to access the capital marke...
CWEB: Beat Up Internet Bull At Whim Of Chinese Administration
CWEB provides leveraged exposure to a swathe of Chinese Internet names.
China Is This Year's Downside Outlier For Global Stock Markets
Shares in China continue to post sharp year-to-date losses vs. an otherwise upside bias for global stocks, based on a set of exchange-traded funds tracking the world's major equity regions through yes...
We're Downgrading China's Growth And Currency As Challenges Mount
Widespread flooding, tough social distancing measures at ports, chip shortages and far tighter regulation in some industries - these are all big challenges facing the Chinese economy right now. New an...
China - The Carnage Continues
China's tech stocks slumped to new lows on Friday and Hong Kong's benchmark index hit a 10-month low as an unrelenting series of Chinese regulatory crackdowns crushed international investors. Further,...
China Internet Regulations: Where We've Been And What's Next
The Ministry of Industry and Information Technology (MIIT) announced that a six-month review of internet companies commenced on July 23. Recent announcements regarding after-school tutoring (AST) regu...