Direxion FundsLeveraged EquityCWEB · NYSE Arca

Direxion Daily CSI China Internet Index Bull 2X ETF (CWEB)

Compare Leveraged & Inverse ETFs Compare with others

Price: $18.65; —11 Sept 2026
Assets: $198.2M; Total net assets
Expense ratio: 1.27%; Category 0.00%
Yield: 6.99%; Trailing distributions

1Y return: -64.4%-96.7%; Category 32.3%
3Y CAGR: -17.6%-42.9%; Category 25.3%
5Y CAGR: -38.4%-44.5%; Category 6.1%

Loading NAV history…

Direxion Daily CSI China Internet Index Bull 2X ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-21.0%	-16.5%	-38.1%	-52.9%	-64.4%	-17.6%	-38.4%	—	-21.2%
Leveraged Equity average	-3.1%	-7.2%	21.2%	13.2%	32.3%	25.3%	6.1%	9.5%	-5.3%
Difference	-17.9%	-9.3%	-59.2%	-66.1%	-96.7%	-42.9%	-44.5%	—	-15.9%

Holdings

The 1 largest positions make up 23.3% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
KWEB	KraneShares CSI China Internet ETF	23.30%

Portfolio valuation

Weighted averages of what the fund holds.

P/E: 13.2
P/B: 1.7
P/S: 1.4
P/CF: 10.4

Sector allocation

Share of the equity the fund holds.

Communication services36.7%
Consumer discretionary34.1%
Technology17.1%
Real estate4.4%
Health care3.8%
Consumer staples2.8%
Financial services1.1%

Asset mix

Other55.5%
Stocks23.3%
Cash21.3%

ETF details

Issuer: Direxion Funds
Category: Equity · Leveraged Equity
Ticker: CWEB
Exchange: NYSE Arca
Inception: 2 Nov 2016 (9.9 years)
Structure: Exchange Traded Fund
Expense ratio: 1.27% (category 0.00%)
Holdings turnover: 81%
Distribution yield: 6.99%
Beta, 3 years: 0.89
Total net assets: $198.2M

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

Other leveraged equity ETFs

Other ETFs in the Leveraged Equity category.

Compare Leveraged & Inverse ETFs