CWEB ETF — Direxion Daily CSI China Internet Bull 2X Shares

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

Updated October 16, 2026.

CWEB is an ETF linked to CSI China Internet. its distribution rate is 1.46%, its trailing-12-month yield is 8.33%, its expense ratio is 1.27%. Dividend Vision Distribution Safety Score™ is 27/100 (Elevated risk). Total return is -91.2% over the past 10 years, 417.3 points behind SPY at 326.1%.

CWEB performance versus SPY

Price and return data through 2026-10-16.

Total return is -91.2% over the past 10 years, 417.3 points behind SPY at 326.1%. Over the past year its total return — price change plus distributions reinvested — is -62.5%. Its deepest 1-year drawdown was 66.9%.

CWEB key facts

Distribution Safety Score™

27 · Elevated risk

Safety-Adjusted Yield

0.39%

Issuer

Direxion

Asset type

ETF

Asset class

Equity

Inception date

11/02/2016

Expense ratio

1.27%

Distribution rate

1.46%

Distribution frequency

Quarterly

Trailing yield

8.33%

Last close

$18.07 (as of 2026-10-16)

AUM

$179,685,809

Average volume

363631.0

Dividend

$0.066

Ex-dividend date

09/22/2026

Payment date

09/29/2026

Beta

0.86

How Dividend Vision calculates yield and returns

Distribution rate (1.46%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (8.33%) 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 China Internet; 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.

CWEB risks and drawbacks

CWEB'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 66.9%.

Who may consider CWEB — and who may not

It is a weaker fit for investors who need monthly cash flow (CWEB 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 CWEB

• All tickers starting with C

Tagged: Leverage.

Frequently asked questions

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