CWEB — Direxion Daily CSI China Internet Index Bull 2x Shares
Direxion Daily CSI China Internet Index Bull 2x Shares (ticker: CWEB) is a equity ETF issued by Rafferty Asset Management tracking CSI China Overseas Internet Index (200%). It was launched on 2016-11-02.
About CWEB
CWEB is an exchange-traded fund that seeks daily investment results, before fees and expenses, of 200% of the performance of the CSI China Overseas Internet Index. The fund invests in securities and derivatives that provide leveraged exposure to the performance of Chinese internet companies, primarily through investments in the KraneShares CSI China Internet ETF and related swap agreements. Investors might consider CWEB for tactical leveraged exposure to the daily performance of the Chinese internet sector. This ETF is designed for short-term trading and is not intended for long-term investors.
- Tracks the CSI China Overseas Internet Index with 200% leveraged daily exposure.
- Focuses on the Internet sector within Emerging Asia Pacific, specifically China.
- Includes 9 holdings, primarily through the KraneShares CSI China Internet ETF and swaps.
- Has an expense ratio of 0.01% and an AUM of $249M.
- Launched on November 2, 2016.
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | -7.70% |
| 1 Week | 0.85% |
| 1 Month | -12.13% |
| 3 Months | -20.78% |
| 6 Months | -45.73% |
| YTD | -40.79% |
| 1 Year | -36.28% |
| 3 Years | -30.73% |
| 5 Years | -94.50% |
| 10 Years | — |
| Since Inception | — |
Top Holdings
| # | Security | Symbol | Weight |
|---|---|---|---|
| 1 | KRANESH CSI CHINA INTERNET | KWEB | 63.42% |
| 2 | KRANESH CSI CHINA INTERNET | KWEB | 63.42% |
| 3 | KRANESH CSI CHINA INTERNET | KWEB | 63.42% |
| 4 | KRANESH CSI CHINA INTERNET | KWEB | 63.42% |
| 5 | KRANESH CSI CHINA INTERNET | KWEB | 63.42% |
| 6 | KRANESH CSI CHINA INTERNET | KWEB | 63.42% |
| 7 | KRANESH CSI CHINA INTERNET | KWEB | 59.81% |
| 8 | KRANESH CSI CHINA INTERNET | KWEB | 59.81% |
| 9 | KRANESH CSI CHINA INTERNET | KWEB | 59.81% |
| 10 | KRANESH CSI CHINA INTERNET | KWEB | 59.81% |
Fund Profile
| Issuer | Rafferty Asset Management |
|---|---|
| Brand | Direxion |
| Asset Class | equity |
| Strategy | Vanilla |
| Structure | ETF |
| Category | Leveraged Equities |
| Segment | Leveraged Equity: China Internet |
| Sector | Internet |
| Region | Emerging Asia Pacific |
| Index Tracked | CSI China Overseas Internet Index (200%) |
| Inception Date | 2016-11-02 |
| Tax on Distributions | Ordinary income |
Quick Facts
| Ticker | CWEB |
|---|---|
| Full Name | Direxion Daily CSI China Internet Index Bull 2x Shares |
| Issuer | Rafferty Asset Management |
| Asset Class | equity |
| Expense Ratio | 0.01% |
| AUM | $258.19M |
| Inception | 2016-11-02 |
| Index Tracked | CSI China Overseas Internet Index (200%) |
Frequently Asked Questions
What does CWEB track?
CWEB (Direxion Daily CSI China Internet Index Bull 2x Shares) tracks CSI China Overseas Internet Index (200%), a equity benchmark.
What is the expense ratio of CWEB?
CWEB has an expense ratio of 0.01% per year.
What is the AUM of CWEB?
CWEB has approximately $258.19M in assets under management.
Does CWEB pay a dividend?
CWEB distributes income according to its prospectus (Ordinary income tax treatment). Check the dividend history tab for ex-dividend dates and yield.
Who issues CWEB?
CWEB is issued by Rafferty Asset Management under the Direxion brand, launched on 2016-11-02.
Open the interactive CWEB dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.