CHAU ETF — Direxion Daily CSI 300 China A Share Bull 2X Shares

Direxion Daily CSI 300 China A Share Bull 2X Shares (CHAU)

Updated October 16, 2026.

CHAU is an ETF linked to CSI 300 China A Share. its distribution rate is 2.53%, its trailing-12-month yield is 2.75%, its expense ratio is 1.19%. Dividend Vision Distribution Safety Score™ is 29/100 (Elevated risk). Total return is -53.9% over the past 11.5 years, 392.3 points behind SPY at 338.4%.

This ETF seeks to deliver twice the daily performance of the CSI 300 China A Share index, which tracks the largest and most liquid stocks in China's domestic A-share market, using leveraged financial instruments including swaps and related ETFs. It distributes quarterly at a modest current rate and carries an expense ratio of 1.19%. The fund appeals to traders and tactical investors seeking short-term leveraged exposure to China's largest companies, though the daily rebalancing mechanism makes it unsuitable as a long-term holding.

CHAU performance versus SPY

Price and return data through 2026-10-16.

Total return is -53.9% over the past 11.5 years, 392.3 points behind SPY at 338.4%. Over the past year its total return — price change plus distributions reinvested — is -11.3%. Its deepest 1-year drawdown was 31.9%.

CHAU key facts

Distribution Safety Score™

29 · Elevated risk

Safety-Adjusted Yield

0.73%

Issuer

Direxion

Asset type

ETF

Asset class

Equity

Inception date

04/16/2015

Expense ratio

1.19%

Distribution rate

2.53%

Distribution frequency

Quarterly

Trailing yield

2.75%

Last close

$17.53 (as of 2026-10-16)

AUM

$78,720,703

Average volume

84317.0

Dividend

$0.111

Ex-dividend date

09/22/2026

Payment date

09/29/2026

Beta

0.89

How Dividend Vision calculates yield and returns

Distribution rate (2.53%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (2.75%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Direxion; Index: CSI 300 China A Share; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

CHAU risks and drawbacks

CHAU's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 31.9%.

Who may consider CHAU — and who may not

CHAU may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (CHAU pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on CHAU

• All tickers starting with C

Tagged: Leverage.

Frequently asked questions

More securities from Direxion.