CWEB icon

Direxion Daily CSI China Internet Index Bull 2X Shares

34.69 USD
+0.37
1.08%
At close Dec 20, 4:00 PM EST
After hours
35.00
+0.31
0.89%
1 day
1.08%
5 days
-1.98%
1 month
-3.83%
3 months
20.83%
6 months
1.14%
Year to date
11.94%
1 year
9.92%
5 years
-87.72%
10 years
-85.72%
0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

175% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 4

70% more funds holding

Funds holding: 10 [Q2] → 17 (+7) [Q3]

29% more call options, than puts

Call options by funds: $13.5M | Put options by funds: $10.4M

16% more capital invested

Capital invested by funds: $15M [Q2] → $17.4M (+$2.35M) [Q3]

0.56% less ownership

Funds ownership: 5.37% [Q2] → 4.82% (-0.56%) [Q3]

50% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 4

Research analyst outlook

We haven’t received any recent analyst ratings for CWEB.

Financial journalist opinion

Positive
Zacks Investment Research
2 months ago
Top-Performing Leveraged ETFs of Last Week
U.S. stock indices closed last week on a solid note as investors reacted to a favorable inflation report.
Top-Performing Leveraged ETFs of Last Week
Positive
Seeking Alpha
3 months ago
CWEB: Set For Re-Rating Once Deflation Stabilizes
CWEB is a leveraged ETF focused on Chinese internet stocks, which act as proxies for China's mass consumption sector, including e-commerce and mobile gaming companies. Persistent deflation and weak consumption in China have led to low valuations for these stocks, despite robust EBITDA growth and share buyback programs. The Chinese government is shifting towards aggressive fiscal and monetary policies to combat deflation, which should stabilize consumption and re-rate these stocks.
CWEB: Set For Re-Rating Once Deflation Stabilizes
Negative
Investors Business Daily
4 months ago
China's Problems Are Impossible To Hide Anymore
It's easy to invest in China ETFs when the economy is growing quickly. But with China's sluggish economy, the entire equation changes.
China's Problems Are Impossible To Hide Anymore
Positive
ETF Trends
6 months ago
Despite China's Uneven Recovery, This ETF Pushes Higher
China's economy continues its recovery, albeit unevenly. It is trying to put behind the after-effects of a real estate development crisis that hit the country a few years ago.
Neutral
ETF Trends
7 months ago
Top Performing Leveraged/Inverse ETFs: 05/19/2024
These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
Top Performing Leveraged/Inverse ETFs: 05/19/2024
Positive
ETF Trends
7 months ago
Top Performing Leveraged/Inverse ETFs: 05/05/2024
These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
Positive
ETF Trends
7 months ago
Top Performing Leveraged/Inverse ETFs: 04/28/2024
These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
Top Performing Leveraged/Inverse ETFs: 04/28/2024
Positive
ETF Trends
9 months ago
Top Performing Leveraged/Inverse ETFs: 03/17/2024
These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
Top Performing Leveraged/Inverse ETFs: 03/17/2024
Positive
ETF Trends
10 months ago
Top Performing Leveraged/Inverse ETFs: 02/18/2024
These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
Top Performing Leveraged/Inverse ETFs: 02/18/2024
Positive
Zacks Investment Research
10 months ago
Will China ETFs Rebound in Year of Dragon?
While the Year of the Rabbit went wrong for the broader Chinese market, the Year of the Dragon may bode well for China ETFs on the back of policy support.
Will China ETFs Rebound in Year of Dragon?
Charts implemented using Lightweight Charts™