Direxion Daily CSI China Internet Index Bull 2X SharesDirexion Daily CSI China Internet Index Bull 2X SharesDirexion Daily CSI China Internet Index Bull 2X Shares

Direxion Daily CSI China Internet Index Bull 2X Shares

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Key stats

Assets under management (AUM)
‪415.77 M‬USD
Fund flows (1Y)
‪67.54 M‬USD
Dividend yield (indicated)
2.32%
Discount/Premium to NAV
−4.7%

About Direxion Daily CSI China Internet Index Bull 2X Shares

Issuer
Rafferty Asset Management LLC
Brand
Direxion
Expense ratio
1.28%
Inception date
Nov 2, 2016
Index tracked
CSI Overseas China Internet
Management style
Passive
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. CWEBs 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 Chinas 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.

Classification

Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Internet
Strategy
Vanilla
Weighting scheme
Market cap
Selection criteria
Market cap
What's in the fund
Exposure type
Bonds, Cash & Other
ETF
Cash
Stock breakdown by region
100%

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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy