The index is designed to measure the performance of the investable universe of publicly traded China-based companies whose primary business or businesses are in the Internet and Internet-related sectors. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds (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.
Frequently asked questions
What is the Direxion Shares ETF Trust - Direxion Daily CSI China Internet Index Bull 2X Shares (CWEB) expense ratio?
The Direxion Shares ETF Trust - Direxion Daily CSI China Internet Index Bull 2X Shares funds expense ratio is 1.28%.
What is Direxion Shares ETF Trust - Direxion Daily CSI China Internet Index Bull 2X Shares (CWEB) current stock price?
As of the latest data, Direxion Shares ETF Trust - Direxion Daily CSI China Internet Index Bull 2X Shares stock price is $16.30, with a previous close of $16.23. Direxion Shares ETF Trust - Direxion Daily CSI China Internet Index Bull 2X Shares gained $0.07 in the last trading session, representing a 0.43% increase.
Does Direxion Shares ETF Trust - Direxion Daily CSI China Internet Index Bull 2X Shares (CWEB) pay dividends?
Yes. Direxion Shares ETF Trust - Direxion Daily CSI China Internet Index Bull 2X Shares pays quarterly dividends with an annualized yield of 9.23% and an estimated annual payout of $1.51 per share.