CWEB - Direxion Daily CSI China Internet Index Bull 2X Shares
| Assets | $108.88M |
| NAV | $53.11 |
| Expense Ratio | 1.30% |
| PE Ratio | 36.13 |
| Beta (5Y) | 1.82 |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | Dec 23, 2019 |
| 1-Year Return | - |
| Trading Day | April 20 |
| Last Price | $51.85 |
| Previous Close | $53.08 |
| Change ($) | -1.23 |
| Change (%) | -2.32% |
| Day's Open | 53.32 |
| Day's Range | 50.45 - 53.46 |
| Day's Volume | 88,770 |
| 52-Week Range | 22.74 - 110.93 |
Fund Description
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 in financial instruments, such as swap agreements, ETFs that track the index, securities of the index and other financial instruments that provide daily leveraged exposure to the index or to 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. It is non-diversified.
| Asset Class Equity | Sector Asia |
| Region Asia-Pacific | Inception Date Nov 2, 2016 |
| Exchange NYSEARCA | Ticker Symbol CWEB |
| Index Tracked CSI Overseas China Internet Index | |
Top 10 Holdings
99.99% of assets| Name | Symbol | Weight |
|---|---|---|
| KRANESHARES CSI CHINA INTERNET ETF SWAP | n/a | 25.02% |
| KraneShares CSI China Internet ETF | KWEB | 23.45% |
| KRANESHARES CSI CHINA INTERNET ETF SWAP | n/a | 22.26% |
| KRANESHARES CSI CHINA INTERNET ETF SWAP | n/a | 9.68% |
| GOLDMAN FINL SQ TRSRY INST 506 | n/a | 7.06% |
| DREYFUS GOVT CASH MGMT | n/a | 3.37% |
| BANK OF NEW YORK CASH RESERVE | n/a | 3.25% |
| DREYFUS GOVT CASH MGMT | n/a | 2.52% |
| DREYFUS GOVT CASH MGMT | n/a | 2.02% |
| GOLDMAN FINL SQ TRSRY INS | n/a | 1.36% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2019 | $0.096 | Dec 31, 2019 |
| Sep 24, 2019 | $0.039 | Oct 1, 2019 |
| Jun 25, 2019 | $0.036 | Jul 2, 2019 |
| Mar 19, 2019 | $0.009 | Mar 26, 2019 |
| Dec 27, 2018 | $0.101 | Jan 4, 2019 |
| Sep 25, 2018 | $0.107 | Oct 2, 2018 |
We highlight six best-performing leveraged equity ETFs that piled up more than 50% gains through midway Q1.
Exchange-traded funds (ETFs) provide you with a way to own shares in a broad range of different companies without having to buy each individual share. Investors utilize ETFs because they're relatively ...
The Direxion Daily CSI China Internet Bull 2X Shares (CWEB) topped $100 recently, cresting 43% past its high set over three years ago. With China surpassing one billion internet users, according to a CN...
The month of January was volatile for the global stock market.
The MSCI China index is up about 13% year-to-date, so it's no surprise investors are piling into Chinese equities amid a vaccine rollout. This is feeding into strength for a pair of bullish leveraged ET...
Global markets were charged up last week with the S&P 500, the Dow Jones and the Nasdaq Composite gaining about 1.9%, 0.5% and 3.2% respectively.
Almost three years ago, the Direxion Daily CSI China Internet Bull 2X Shares (CWEB) reached a high of $69.08. Fast forward to today, and the ETF is at $81.11.
The Direxion Daily CSI China Internet Bull 2X Shares (CWEB) it could be heading toward the most pivotal price point in its three-year history. While CWEB finished a challenging 2020 with a gain of over ...
Given the way the pandemic has forced businesses to adapt to the web or face obsolescence, you could almost throw darts at the board of internet companies and come out a winner. The same could be said f...
Among Direxion's stable of leveraged ETFs, two of the five top-performing funds year to date provide magnified exposure to China. Here's a breakdown of what has driven each fund higher.
We have highlighted some leveraged/inverse ETFs from different corners that piled up substantial gains in October though these involve a great deal of risk when compared to traditional products.
The year 2020 has been marked by the outbreak of the SARS (severe acute respiratory syndrome)-like coronavirus and its resultant impact on global economies and markets.
Get 'em while they're cheap!
After being the epicenter of the Covid-19 pandemic, China is continuing its path to normalcy without outside assistance—this path towards more self-reliance could give China exchange-traded funds (ETFs)...
With some help from the e-commerce boom, which itself is benefiting from the coronavirus pandemic, internet exchange-traded funds are soaring this year.
We discuss the top-performing leveraged ETFs and the new WFH ETF.
The last week was moderate for Wall Street with the S&P 500 gaining about 0.2%, the Dow Jones retreating about 0.8% but the Nasdaq adding about 1.7%
The FTSE China 50 Index jumped 9.50% on Monday and the basic exchange traded fund tracking that index followed suit on volume that was more than double the daily average.
Growth, tech and China: These ETFs have started July strong
Tom Lydon, CEO of ETF Trends and ETF Database, and David Mazza, head of product at Direxion, break down the exchange-traded fund products that are attracting investors in July with CNBC's Bob Pisani.
The first-half of 2020 was marked with the outbreak of SARS (severe acute respiratory syndrome)-like coronavirus.
Last week witnessed a tug-of-war between bulls and bears.
Inside the top-and-worst-performing leveraged ETFs of last week.
International stocks will again lag their U.S. rivals in 2019, but that could change in 2020.
As U.S.-China trade negotiations move forward, one of the hot-button issues will no doubt be technology. Whether a positive trade deal results or not, China will continue with its ever-expanding technol...