Direxion Daily CSI China Internet Bull 2X Shares (CWEB)Trading--Leveraged Equity | Exchange Traded Fund | NYSEArca
18.68 USD
+0.10
(0.511%)
⇧
(Oct. 14, 2026, 9:30 a.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 5:32 a.m. EDT
This leveraged ETF is currently trapped in a severe downtrend, having lost over 90% of its value since inception. While the recent price action shows a slight bounce off the lows, the momentum remains decisively negative, trading well below both its 50-day and 200-day averages. The 'high yield' of 8.2% is a dangerous illusion; it is not a sustainable dividend from a profitable business but a mechanical return generated by the fund's compounding losses and the decay of the underlying leveraged positions. The recent distribution of 1.113 per share likely represents a partial liquidation of the fund's assets to pay investors, further depleting the capital base needed to recover. With the underlying Chinese internet sector facing regulatory headwinds and the fund suffering from significant compounding drag, there is no fundamental thesis to support a long-term hold. The short-term outlook is bearish as the asset continues to bleed value against its moving averages, making it a poor candidate for either income or capital appreciation. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.068216 |
| AutoARIMA | 0.090120 |
| AutoETS | 0.090121 |
| MSTL | 0.100628 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 43% |
| H-stat | 0.30 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.488 |
| Excess Kurtosis | -0.69 |
| Attribute | Value |
|---|---|
| Trailing P/E | 13.04 |
As of Oct. 10, 2026, 5:32 a.m. EDT: Speculators are positioning for continued volatility rather than a directional breakout. Call open interest is heavily skewed toward out-of-the-money strikes (30, 44, 47), indicating a speculative bet on a sharp rally, while put open interest clusters tightly around the money (17, 19) and slightly out-of-the-money (22, 25), acting as a defensive floor. The massive volume spike at the 44-strike call suggests a specific target for a potential rebound, but the overall lack of deep ITM positioning implies skepticism about a sustained recovery to historical highs.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.34% | 4.48% | 3.43% | 2.27% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-09-22 | 0.066 | 0.335366 |
| 2026-06-23 | 0.094 | 0.493438 |
| 2026-03-24 | 0.232 | 0.874152 |
| 2025-12-31 | 1.113 | 2.774869 |
| 2024-12-23 | 1.084 | 3.218527 |
| 2024-09-24 | 0.086 | 0.240964 |
| 2024-06-25 | 0.157 | 0.481447 |
| 2024-03-19 | 0.138 | 0.453053 |
| 2023-12-21 | 0.469 | 1.413076 |
| 2023-09-19 | 0.175 | 0.493375 |
| 2023-06-21 | 0.171 | 0.452860 |
| 2023-03-21 | 0.062 | 0.138424 |
| 2019-12-23 | 0.960 | 0.336960 |
| 2019-09-24 | 0.390 | 0.181564 |
| 2019-06-25 | 0.360 | 0.161507 |
| 2019-03-19 | 0.090 | 0.031414 |
| 2018-12-27 | 1.010 | 0.525221 |
| 2018-09-25 | 1.070 | 0.334271 |
| 2018-06-19 | 0.900 | 0.155629 |
| 2017-12-13 | 15.220 | 3.160299 |
| Attribute | Value |
|---|---|
| All Time High | 1,109.3 |
| All Time Low | 17.09 |
| Ask | 18.81 |
| Ask Size | 400 |
| Average Daily Volume10 Day | 605,910 |
| Average Daily Volume3 Month | 647,626 |
| Average Volume | 647,626 |
| Average Volume10Days | 605,910 |
| Beta3 Year | 0.86 |
| Bid | 0.0 |
| Bid Size | 2,800 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 18.68 |
| Day Low | 18.65 |
| Display Name | CSI China Internet Bull 2X |
| Dividend Yield | 8.2 |
| Eps Trailing Twelve Months | 1.4321901 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 20.5114 |
| Fifty Day Average Change | -1.8313999 |
| Fifty Day Average Change Percent | -0.08928693 |
| Fifty Two Week Change Percent | -63.335304 |
| Fifty Two Week High | 55.6 |
| Fifty Two Week High Change | -36.92 |
| Fifty Two Week High Change Percent | -0.66402876 |
| Fifty Two Week Low | 17.09 |
| Fifty Two Week Low Change | 1.5900002 |
| Fifty Two Week Low Change Percent | 0.093036875 |
| Fifty Two Week Range | 17.09 - 55.6 |
| First Trade Date Milliseconds | 1,478,788,200,000 |
| Five Year Average Return | -0.3691675 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 0.02999878 |
| Fullday Change Percent | 0.16111052 |
| Fullday Price | 18.68 |
| Fund Family | Direxion Funds |
| Fund Inception Date | 1,478,044,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | 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. |
| Long Name | Direxion Daily CSI China Internet Bull 2X Shares |
| Market | us_market |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_403063942 |
| Nav Price | 18.622 |
| Net Assets | 181,210,160.0 |
| Net Expense Ratio | 1.27 |
| Open | 18.48 |
| Phone | 866-476-7523 |
| Previous Close | 18.585 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.09500122 |
| Regular Market Change Percent | 0.5111715 |
| Regular Market Day High | 18.68 |
| Regular Market Day Low | 18.65 |
| Regular Market Day Range | 18.65 - 18.68 |
| Regular Market Open | 18.48 |
| Regular Market Previous Close | 18.585 |
| Regular Market Price | 18.68 |
| Regular Market Time | 1,791,984,630 |
| Regular Market Volume | 36,292 |
| Short Name | Direxion Daily CSI China Intern |
| Source Interval | 15 |
| Symbol | CWEB |
| Three Year Average Return | -0.1638192 |
| Total Assets | 181,210,160 |
| Tradeable | 0 |
| Trailing P E | 13.042962 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -2.65606 |
| Trailing Three Month Returns | -2.65606 |
| Triggerable | 1 |
| Two Hundred Day Average | 27.4581 |
| Two Hundred Day Average Change | -8.778099 |
| Two Hundred Day Average Change Percent | -0.3196907 |
| Type Disp | ETF |
| Volume | 36,292 |
| Yield | 0.081999995 |
| Ytd Return | -53.35504 |