CWEB
·ARCA
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Key Stats
Assets Under Management
259.24MUSD
Fund Flows (1Y)
-121.51MUSD
Dividend Yield
2.61%
Discount/Premium to NAV
-0.10%
Shares Outstanding
6.22M
Expense Ratio
1.25%
About Direxion Daily CSI China Internet Index Bull 2X Shares
Issuer
Rafferty Asset Management, LLC
Brand
Direxion
Inception Date
Nov 2, 2016
Structure
Open-Ended Fund
Index Tracked
CSI Overseas China Internet Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
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. CWEB's 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 China's 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
Geography
China
Weighting Scheme
Market Cap
Selection Criteria
Market cap
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | -10.23% | -23.87% | +33.71% | +17.58% | -24.92% | -93.00% |
NAV Total Return | -12.49% | -19.43% | +42.33% | +20.65% | -12.50% | -92.15% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
Communication Services
43.19%
Consumer Cyclical
38.37%
Healthcare
6.96%
Technology
3.36%
Real Estate
3.30%
Consumer Defensive
2.71%
Financial Services
2.11%
Communication Services
43.19%
Consumer Cyclical
38.37%
Healthcare
6.96%
Technology
3.36%
Real Estate
3.30%
Consumer Defensive
2.71%
Financial Services
2.11%
Asset
Region
100%
Category
Ratio
Asia
100.00%
Investment Style
Mega
Large
Medium
Multi
Small
Value
Blend
Growth
Multi-Cap Blend
Provides exposure to companies of various sizes that exhibit both growth and value characteristics. This category offers a diversified portfolio with a mix of market caps.
Top 10 Holdings
Symbol
Ratio
KWEB
KraneShares CSI China Internet ETF
57.37%
KRANESHARES CSI CHINA INTERNET ETF SWAP
42.24%
KRANESHARES CSI CHINA INTERNET ETF SWAP-1
38.87%
KRANESHARES CSI CHINA INTERNET ETF SWAP-2
32.13%
DREYFUS GOVT CASH MAN INS
22.51%
KRANESHARES CSI CHINA INTERNET ETF SWAP-3
18.83%
GOLDMAN FINL SQ TRSRY INST 506
13.43%
KRANESHARES CSI CHINA INTERNET ETF SWAP-4
10.55%
DREYFUS TRSRY SECURITIES CASH MGMT
7.42%
Top 10 Weight 243.36%
9 Total Holdings
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2024-12-23 | 2024-12-23 | 2024-12-31 | 1.084 |
| 2024-09-24 | 2024-09-24 | 2024-10-01 | 0.086 |
| 2024-06-25 | 2024-06-25 | 2024-07-02 | 0.157 |
| 2024-03-19 | 2024-03-20 | 2024-03-26 | 0.138 |
| 2023-12-21 | 2023-12-22 | 2023-12-29 | 0.469 |
| 2023-09-19 | 2023-09-20 | 2023-09-26 | 0.175 |
| 2023-06-21 | 2023-06-22 | 2023-06-28 | 0.171 |
Show more
Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
