CWEB
-2.87 · -6.39%
$42.04 · NYSE ARCA

Direxion Daily CSI China Internet Bull 2X Shares (CWEB) ETF Analysis | Trading--Leveraged Equity

Direxion Funds · United States
AUM:$221.4M
#– of – in Trading--Leveraged Equity ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Down 19.6% over the past year, indicating meaningful price weakness.

Cost Efficiency

Ongoing charge of 1.28% — above average for this category.

What is CWEB?

The index is designed to measure the performance of the investable universe of publicly traded China-based companies whose primary business or businesses are in the Internet and Internet-related sectors. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds (ETFs) that track the index, that, in combination, provide 2X daily leveraged exposure to the index, consistent with the fund's investment objective.

Performance Highlights

Returns (%)
Top Sectors (%)

Investment Breakdown

Negative 12-Month Return
CWEB returned -19.6% over the past year, reflecting recent market conditions.
Higher Cost Profile
Expense ratio of 1.28% is above average. Verify whether the strategy justifies the cost.
Concentrated Holdings
Top 10 holdings account for 56.7% of the ETF — significant weight in a small number of names.
ETF Information
AUM$221.4M
Expense Ratio1.28%
Dividend Yield2.61%
Holdings1
Inception DateNov 2016
DomicileUnited States
DistributionNA
Index–
ProviderDirexion Funds
Beta1.77
CategoryTrading--Leveraged Equity
CurrencyUSD
Portfolio Impact

How would CWEB affect your portfolio?

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Example preview
6168
+7 points · better diversified

Chart Tools

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
-33.6%
1Y
-52.2%
3Y
-41.6%
5Y
-88.4%
OpenBook InsightIf you had invested £10,000 in CWEB 5 years ago, it would have fallen to £1,157 — a loss of £8,843.

Annual Returns

Calendar year performance

CWEB delivered positive returns in 2 of the last 5 calendar years.
YearCWEB
2026 YTD-50.6%
2025+33.9%
2024+7.6%
2023-39.1%
2022-58.8%
CAGR 4yr-22.5%
2/5 positive yearsAvg return: -21.4%Worst year: -58.8% (2022)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: NEGATIVE
Trend Strength
0%
Negative
Volatility
46.4%
Very High
Momentum
-9.0%
30-day change
Support Level
21.09
Key floor
Key Insights
  • Price is currently below all major moving averages, indicating a weaker trend profile.
  • Elevated volatility indicates higher short-term price variability and risk.
  • Monitor key support and resistance levels as part of broader risk assessment.