Direxion Daily CSI China Internet Bull 2X Shares (CWEB)
- Previous Close
33.67 - Open
35.46 - Bid --
- Ask 34.24 x 1400
- Day's Range
35.17 - 37.06 - 52 Week Range
24.60 - 59.31 - Volume
775,857 - Avg. Volume
1,003,913 - Net Assets 338.27M
- NAV 33.69
- PE Ratio (TTM) 14.52
- Yield 3.07%
- YTD Daily Total Return 5.45%
- Beta (5Y Monthly) 0.84
- Expense Ratio (net) 1.25%
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. It is non-diversified.
Direxion Funds
Fund Family
Trading--Leveraged Equity
Fund Category
338.27M
Net Assets
2016-11-02
Inception Date
Performance Overview: CWEB
View MoreTrailing returns as of 4/22/2025. Category is Trading--Leveraged Equity.
People Also Watch
Holdings: CWEB
View MoreTop 1 Holdings (51.83% of Total Assets)
Sector Weightings
Recent News: CWEB
View More
Research Reports: CWEB
View MoreMaintaining Valuations for Meituan, JD, and Dada; Competition Baked Into Meituan's Assumptions
JD.com is the third-largest Chinese e-commerce platform by GMV in 2024. it offers a wide selection of authentic products with speedy and reliable delivery. The company has built its own nationwide fulfilment infrastructure and last-mile delivery network, staffed by its own employees, which supports both its online direct sales, its online marketplace and omnichannel businesses.
RatingPrice TargetPDD Holding: Cutting Valuation by 18% Due to Trade War and Expectation of a Global Slowdown
PDD Holdings operates commerce businesses in over 80 countries globally. Its main operations are Pinduoduo, a social commerce platform in China, and Temu, a global e-commerce marketplace. PDD also has a community group purchase business in China. PDD has built a network of sourcing, logistics, and fulfillment capabilities that support its underlying businesses.
RatingPrice TargetPDD's Pinduoduo Is Slowing Gradually; Temu Is Facing Challenges from Global Trade Protectionalism
PDD Holdings operates commerce businesses in over 80 countries globally. Its main operations are Pinduoduo, a social commerce platform in China, and Temu, a global e-commerce marketplace. PDD also has a community group purchase business in China. PDD has built a network of sourcing, logistics, and fulfillment capabilities that support its underlying businesses.
RatingPrice TargetTencent: Integration of DeepSeek Strengthens Ecosystem and Long-Term Growth Potential
Tencent holds a prominent position in China's internet sector, with a diverse portfolio of products and services used daily by a significant portion of the population. The company is the world's largest video game publisher and owns Honor of Kings, a top-grossing mobile game globally. Tencent also operates WeChat, China's largest social media super app. WeChat is deeply integrated into the daily lives of Chinese people for communication, entertainment, shopping, and more. Beyond its offerings, Tencent is a significant player in global venture capital and investment. The company holds substantial stakes in leading companies including PDD, Kuaishou, and Epic Games.
RatingPrice Target