(CWEB) Direxion Daily CSI China - NYSE

ETF Category: Trading--Leveraged Equity | Exchange: NYSE (USA) | Market Cap: 223m USD | Total Return: -43.1% in 12m

Leveraged ETFs, Swap Agreements, Chinese Equities
Total Rating 25
Safety 34
Buy Signal -0.61
Trading--Leveraged Equity
Category Rotation: -31.0
TER: 1.28%
AUM: 223M
Avg Turnover: 15.3M
Risk 3d forecast
Volatility62.2%
VaR 5th Pctl10.3%
VaR vs Median-7.83%
Reward TTM
Sharpe Ratio-0.84
Rel. Str. IBD1.9
Rel. Str. Peer Group10.7
Character TTM
Beta1.704
Beta Downside1.909
Hurst Exponent0.409
Drawdowns 3y
Max DD62.40%
CAGR/Max DD-0.28
CAGR/Mean DD-0.57

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Description: CWEB Direxion Daily CSI China

The Direxion Daily CSI China Internet Bull 2X Shares (CWEB) is a leveraged exchange-traded fund designed to provide 200% of the daily performance of the CSI Overseas China Internet Index. The fund allocates at least 80% of its assets to financial derivatives, such as swap agreements and index-tracking securities, to achieve its magnification objective. As a non-diversified vehicle, it focuses specifically on China-based companies within the internet and internet-related sectors.

The underlying index tracks companies involved in e-commerce, social media, and online gaming, industries characterized by high platform scalability and regulatory sensitivity within the Chinese market. These businesses typically operate under an asset-light model, relying on network effects to drive user acquisition and monetization. For a deeper look at specific valuation metrics, you can explore the data on ValueRay.

Since its inception in 2016, CWEB has functioned as a tactical trading tool rather than a long-term investment due to the effects of daily rebalancing and compounding. The fund’s micro-cap status and leveraged structure make it highly sensitive to volatility in the broader Chinese technology sector.

Headlines to Watch Out For
  • China stimulus measures drive domestic consumer spending and tech valuations
  • Regulatory environment for platform economy firms shifts toward stability
  • US-China trade tensions and ADR delisting risks impact investor sentiment
  • Leveraged 2X exposure amplifies volatility in underlying Chinese internet constituents
What is the price of CWEB shares?

As of June 12, 2026, the stock is trading at USD 22.59 with a total of 837,935 shares traded.
Over the past week, the price has changed by -4.08%, over one month by -20.74%, over three months by -26.85% and over the past year by -43.07%.

Is CWEB a buy, sell or hold?

Direxion Daily CSI China has no consensus analysts rating.