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Dividend Vision

CWEB — Direxion Daily CSI China Internet Bull 2X Shares

Direxion Daily CSI China Internet Bull 2X Shares (CWEB)

CWEB pays a 1.66% distribution rate, quarterly, on a 1.27% expense ratio. Its Distribution Safety Score™ is 27 (Elevated risk), giving a Safety-Adjusted Yield of 0.45%. Total return is -89.1% over the past 9.8 years, 421.5 points behind SPY at 332.4%. Its deepest 1-year drawdown was 69.4%.

Direxion Daily CSI China Internet Bull 2X Shares is an ETF that seeks to deliver twice the daily performance of the CSI China Internet index, which tracks publicly traded China-based companies in Internet and Internet-related sectors, using leveraged financial instruments including swaps and ETFs. The fund carries a high current distribution rate paid quarterly and has an expense ratio of 1.27%. It appeals to traders and tactical investors seeking leveraged exposure to Chinese Internet companies, though the 2X daily reset mechanism means it is not designed for buy-and-hold investing.

CWEB key facts

Distribution Safety Score™
27 · Elevated risk
Safety-Adjusted Yield
0.45%
Issuer
Direxion
Asset type
ETF
Asset class
Equity
Inception date
11/02/2016
Expense ratio
1.27%
Distribution rate
1.66%
Distribution frequency
Quarterly
Trailing yield
6.35%
Last close
$22.65
AUM
$217,870,664
Average volume
390400.0
Last dividend
$0.0940
Ex-dividend date
06/23/2026
Payment date
06/30/2026
Beta
1.05
P/E ratio
11.7425