Direxion Daily CSI 300 China A Share Bull 2X Shares (CHAU)
Direxion Daily CSI 300 China A Share Bull 2X Shares operates in the Asset Management industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $22.53, up 1.85% on the session, giving a market capitalisation of $95.8M. Its beta of 1.02 implies it has historically moved more than the broad market.
The index is a modified free-float market capitalization weighted index comprised of the largest and most liquid stocks in the Chinese A-share market. The fund, under normal circumstances, invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index, that, in combination, provide 2X daily leveraged exposure to the index, consistent with the fund's investment objective. It is non-diversified.
Direxion Daily CSI 300 China A Share Bull 2X Shares is most often compared with the following Financial Services names: