FundNYSEARCAChina

Direxion Daily CSI China Internet Index Bull 2X Shares

CWEB NYSE Arca

The Direxion Daily CSI China Internet Index Bull 2X Shares seeks daily investment results, before fees and expenses, of 200% of the performance of the CSI Overseas China Internet Index.This leveraged ETF seeks a return that is 200% the return of its benchmark index for a single day

18.62USD
−30.85 (−62.36%) 1 Year · close Oct 12

Hover to inspectDrag to measure a move← → to step through days

Fund size
62.8M
as of Feb 2020
Expense ratio
1.36%
per year
Dividend yield
0.86%
Yearly
Volatility · 1Y
53.0%
High Risk
Beta
1.67
vs the market
52-week range
17.3952.99
01 Performance

How CWEB has paid off

Price return over every period, and total return with dividends reinvested, set against price alone.

Return by period

Price · to Oct 12
Subpar performance Select a period to update every chart on the page.

Total return vs price return

Price only
+0.3 pts
-60%-40%-20%0% CWEB −62.0% Price −62.4%

Over 1 year, CWEB returned −62.0% with dividends reinvested — dividends added +0.3 pts to the price move.

02 Risk

How bumpy is the ride?

Return only means something next to the risk taken to earn it. Volatility, drawdowns and market sensitivity over 1 year.

Volatility

Annualized · 1Y
53.0%High Risk

A typical year sees the price swing about ±53% around its trend.

Drawdown from peak

How far below its previous high the price has been
−67.2%
0%-39%−67.2%

Deepest fall −67.2% on Oct 2, 2026 — 340 days after the previous high
More than 5% below a high 95% of the time.

Market sensitivity

Beta
Market moves+10.0%
CWEB tends to move+16.7%

A beta of 1.67 means CWEB has moved more than the market.

Sharpe ratio -1.63 Return earned per unit of volatility
03 Technicals

Trend & momentum

Where the price sits against its moving averages, and how stretched the recent move is.

Price vs moving averages

Downtrend
18.62
  • 12-day average18.40 +1.2%
  • 26-day average18.93 −1.6%
  • 50-day average19.94 −6.6%
  • 200-day average26.32 −29.3%

The price is above 1 of 4 averages. The 50-day average is below the 200-day, a sign of a falling longer-term trend.

Relative strength (RSI)

Neutral
OversoldOverbought44.9

RSI compares recent gains with recent losses on a 0–100 scale. Above 70 a move is often considered stretched, below 30 washed out.

Technical indicators describe past prices. They are not a forecast.

04 Fund

Inside the fund

China · Technology — tracking the CSI Overseas China Internet Index.

  • Assets under management62.8MUSD
  • Expense ratio1.36%per year
  • Holdings14
  • Risk score7.7High

Launched November 2016. Listed options available. Fund data as of Feb 27, 2020.

05 Dividends

What it pays you

Cash distributions over the last twelve months, and how they have grown.

Dividend yield0.86%

About 9 USD a year for every 1,000 USD invested at today's price.

Per share
0.16
Frequency
Yearly
Last paid
Sep 22, 2026

Last 12 months

0.16 USD / share
0.09Jun 230.07Sep 22
06 Themes

Where CWEB shows up

Curated themes and indices that hold CWEB. Open one to see it in context, or test the whole theme in a portfolio.

07 Profile

About Direxion Daily CSI China Internet Index Bull 2X Shares

The Direxion Daily CSI China Internet Index Bull 2X Shares seeks daily investment results, before fees and expenses, of 200% of the performance of the CSI Overseas China Internet Index.This leveraged ETF seeks a return that is 200% the return of its benchmark index for a single day

  • Featured in 2 curated themes
  • 14 holdings
Ticker
CWEB
Exchange
NYSE Arca
ISIN
US25460E5050
CUSIP
25460E505
Currency
U.S. Dollar (USD)
Country
USA
Sector
China
Industry
Technology
Benchmark
CSI Overseas China Internet Index
All key statistics

Details

NameDirexion Daily CSI China Internet Index Bull 2X Shares
TickerCWEB
ISINUS25460E5050
CUSIP25460E505
ExchangeNYSEARCA
CategoryChina
Sub CategoryTechnology
CountryUSA
CurrencyU.S. Dollar
Inception DateNov 2, 2016
BenchmarkCSI Overseas China Internet Index

Shareas of Oct 12, 2026

Close Price USD18.62
52W Low / High 17.39 / 52.99
1Y Total Return-62.04%
Subpar
1Y Volatility52.77%
High Risk
Beta1.67
12M Dividends0.16041
Last Dividend DateSep 22, 2026
Dist. FrequencyYearly
Dividend Yield0.86%

Dataas of Feb 27, 2020

AUM63 M
Discount/Premium-0.229%
NAV27.92
Shares Outstanding2.3 M
Volume 20D Avg95 K
Nbr of Holdings14
Risk RankHigh
Net Expense1.360%
Options availableYes
Next step

Put CWEB to the test

See how it would change the return and the risk of a portfolio, with virtual money, before a single real dollar moves.

Test CWEB in a portfolio

Data for information only, not investment advice. Past performance does not guarantee future results.