Direxion Daily CSI China Internet Bull 2X Shares (CWEB)Trading--Leveraged Equity | Exchange Traded Fund | NYSEArca
21.44 USD
+0.35
(1.660%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 21.44 |
Hot Take ↕ | Aug. 22, 2026, 5:54 a.m. EDT
The long-term outlook remains deeply bearish due to the relentless structural decline over the last eight years, which erased over 90% of the asset's value despite a recent annual recovery. This is a classic leveraged ETF death spiral where compounding drag and sector headwinds have permanently impaired the underlying business quality, making it unsuitable for buy-and-hold strategies. However, the short-term picture tells a different story driven by the nature of the instrument itself: a 2x leveraged product. With the price hovering near its 52-week low and trading below key moving averages, the setup is ripe for a mean-reversion bounce. The options chain confirms this sentiment, with heavy call buying at distant strikes betting on a sudden, aggressive surge, likely fueled by renewed Chinese stimulus hopes. While the statistical forecast model offers no directional clarity, the asymmetric options positioning suggests traders are preparing for a violent upward move if sentiment shifts, making this a speculative trade for a quick rebound rather than a fundamental investment. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.228549 |
| AutoETS | 0.235729 |
| AutoTheta | 0.331189 |
| AutoARIMA | 0.475758 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 41% |
| H-stat | 1.82 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.773 |
| Excess Kurtosis | -0.06 |
| Attribute | Value |
|---|---|
| Trailing P/E | 11.24 |
As of Aug. 22, 2026, 5:54 a.m. EDT: Speculators are positioning for a volatile rebound rather than a steady grind higher. Call volume is heavily skewed toward out-of-the-money strikes (30, 32, 47, 89) with massive open interest walls, suggesting a bet on a sharp, leveraged rally typical of this 2x product. Conversely, put writers are establishing significant protection at lower strikes (15, 20, 25), creating a floor that limits downside while allowing for explosive upside. The implied volatility skew shows elevated premiums for deep OTM calls, indicating the market prices in a binary event or a strong stimulus-driven spike.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.49% | 4.14% | 3.48% | 2.21% |
| Date | Dividend | Yield % |
|---|---|---|
| 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 | 21.65 |
| Ask Size | 500 |
| Average Daily Volume10 Day | 401,640 |
| Average Daily Volume3 Month | 569,293 |
| Average Volume | 569,293 |
| Average Volume10Days | 401,640 |
| Beta3 Year | 1.05 |
| Bid | 21.25 |
| Bid Size | 200 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 21.68 |
| Day Low | 21.28 |
| Dividend Yield | 5.68 |
| Eps Trailing Twelve Months | 1.9076023 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 22.1428 |
| Fifty Day Average Change | -0.70279884 |
| Fifty Day Average Change Percent | -0.031739384 |
| Fifty Two Week Change Percent | -56.135605 |
| Fifty Two Week High | 61.24 |
| Fifty Two Week High Change | -39.800003 |
| Fifty Two Week High Change Percent | -0.64990205 |
| Fifty Two Week Low | 17.09 |
| Fifty Two Week Low Change | 4.3500004 |
| Fifty Two Week Low Change Percent | 0.25453484 |
| Fifty Two Week Range | 17.09 - 61.24 |
| First Trade Date Milliseconds | 1,478,788,200,000 |
| Five Year Average Return | -0.3533982 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 0.35 |
| Fullday Change Percent | 1.65956 |
| Fullday Price | 21.44 |
| 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 | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_403063942 |
| Nav Price | 21.375 |
| Net Assets | 255,173,984.0 |
| Net Expense Ratio | 1.27 |
| Open | 21.54 |
| Phone | 866-476-7523 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 21.44 |
| Post Market Time | 1,787,959,805 |
| Previous Close | 21.09 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.35 |
| Regular Market Change Percent | 1.65956 |
| Regular Market Day High | 21.68 |
| Regular Market Day Low | 21.28 |
| Regular Market Day Range | 21.28 - 21.68 |
| Regular Market Open | 21.54 |
| Regular Market Previous Close | 21.09 |
| Regular Market Price | 21.44 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 278,830 |
| Short Name | Direxion Daily CSI China Intern |
| Source Interval | 15 |
| Symbol | CWEB |
| Three Year Average Return | -0.1316456 |
| Total Assets | 255,173,984 |
| Tradeable | 0 |
| Trailing P E | 11.239241 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -5.77823 |
| Trailing Three Month Returns | -5.77823 |
| Triggerable | 1 |
| Two Hundred Day Average | 31.53425 |
| Two Hundred Day Average Change | -10.09425 |
| Two Hundred Day Average Change Percent | -0.32010433 |
| Type Disp | ETF |
| Volume | 278,830 |
| Yield | 0.056799997 |
| Ytd Return | -35.83449 |