Direxion Daily CSI China Internet Index Bull 2X ETF (CWEB)
Direxion Daily CSI China Internet Index Bull 2X ETF operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $23.61, down 3.91% on the session, giving a market capitalisation of $177.6M. Its beta of 1.28 implies it has historically moved more than the broad market.
This exchange-traded fund, known as the Direxion Daily CSI China Internet Index Bull 2X ETF, is engineered to provide daily returns that are double the performance of the CSI Overseas China Internet Index. This objective is measured before any management fees or operational costs are applied. However, it's important to understand that the fund's ability to consistently meet this intended investment target cannot be guaranteed.
Direxion Daily CSI China Internet Index Bull 2X ETF is most often compared with the following Financial Services names: