(CHAU) Direxion Daily CSI 300 - Overview
ETF Category: Trading--Leveraged Equity | Exchange: NYSE ARCA (USA) | Market Cap: 104m USD | Total Return: 79.6% in 12m
Avg Turnover: 2.43M
Warnings
Choppy
Tailwinds
No distinct edge detected
CHAU is a leveraged exchange-traded fund designed to provide 200% of the daily performance of the CSI 300 Index. The underlying index tracks the 300 largest and most liquid A-share stocks listed on the Shanghai and Shenzhen Stock Exchanges. To achieve its 2X daily objective, the fund invests at least 80% of its assets in financial derivatives, including swap agreements and other ETFs.
The Chinese A-share market consists of companies incorporated in mainland China, which historically traded primarily among domestic investors before expanding via international Connect programs. Because this fund utilizes leverage to reset exposure daily, it is subject to compounding effects that may cause long-term returns to deviate significantly from the underlying index. Detailed historical performance metrics are available on ValueRay for further analysis. This non-diversified vehicle is primarily used by sophisticated traders for short-term tactical exposure to Chinese large-cap equities.
- Chinese government stimulus measures drive domestic equity market liquidity and sentiment
- PBOC monetary policy shifts influence borrowing costs and A-share valuations
- Geopolitical tensions impact foreign capital flows into mainland Chinese exchanges
- Daily compounding effects and leverage decay erode long-term shareholder returns
- Regulatory changes in Beijing affect large-cap industrial and financial sector earnings
As of May 29, 2026, the stock is trading at USD 24.37 with a total of 63,389 shares traded.
Over the past week, the price has changed by +2.35%,
over one month by +7.31%,
over three months by +9.34% and
over the past year by +79.55%.
Direxion Daily CSI 300 has no consensus analysts rating.