CWEBDIREXION DAILY CSI CHINA INTERNET INDEX BULL 2X SHARES
DIREXION DAILY CSI CHINA INTERNET INDEX BULL 2X SHARES
$22.98+3.28% today
17.706052-WK
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN · NET +$78M OVER THIS RANGE
The desk’s read
Money is leaving — −$12M walked out over the past month, about 5.6% of the fund's asset base, while the price has returned -47.5% so far this year.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
$214Massets under management
—expense ratio
−$12Mnet flow, trailing month
521Kavg daily volume, 30 days
2holdings · US-domiciled
2024listed February 14, 2024 · beta 2.20
Sector weights
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
| 1 week | -2.7% |
| 1 month | +2.0% |
| 3 months | -9.5% |
| 6 months | -37.0% |
| YTD | -47.5% |
| 1 year | — |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
Net flows
| 1 week | −$7M |
| 1 month | −$12M |
| 3 months | −$8M |
| YTD | +$96M |
| 1 year | +$78M |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
Monthly net flows
DAILY CREATION/REDEMPTION RECORDS, TRAILING TWELVE MONTHS
The risk read
51%realized volatility, 30 days (annualized)
56%realized volatility, 1 year
-70.6%deepest fall from a peak, 1 year
-61.8%where it sits vs. that peak today
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Options tape
41calls today
5puts today
0.12put/call ratio
399Kshares traded
The case against CWEB
Due diligence cuts both ways. These funds sit on the same shelf and beat CWEB on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| IEFA iShares Core MSCI EAFE ETF | 0.07% | $195.3B | +$631M | 912× the assets · +$631M in over the month | Head-to-head |
| IEMG iShares Core MSCI Emerging Markets ETF | 0.09% | $160.6B | +$1.9B | 750× the assets · +$1.9B in over the month | Head-to-head |
| IDEV iShares Core MSCI International Developed Markets ETF | 0.04% | $32.7B | +$104M | 153× the assets · +$104M in over the month | Head-to-head |
| EFV iShares MSCI EAFE Value ETF | 0.34% | $31.4B | +$2.8B | 147× the assets · +$2.8B in over the month | Head-to-head |
| EEM iShares MSCI Emerging Markets ETF | 0.70% | $31.3B | +$1.4B | 146× the assets · +$1.4B in over the month | Head-to-head |