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CWEB vs WEBS

Direxion Daily CSI China Internet Bull 2X Shares vs Direxion Daily Dow Jones Internet Bear 3X Shares

CWEB

Direxion Daily CSI China Internet Bull 2X Shares

Direxion Funds

Annual cost

1.27%

Fund size

$252M

WEBS

Direxion Daily Dow Jones Internet Bear 3X Shares

Direxion Funds

Annual cost

1.07%

Fund size

$10M

Key differences

  • WEBS costs 0.20% less per year.
  • CWEB is significantly larger than WEBS — larger funds tend to be more liquid and less likely to close.
  • CWEB covers emerging markets markets; WEBS covers north america.
  • CWEB follows a leveraged strategy; WEBS uses inverse.
  • Over the last 3 years, CWEB has delivered higher annualized returns.

Side-by-side comparison

CWEBWEBS
Annual cost (TER)1.27%1.07%
Fund size (AUM)$252M$10M
Since20162019
Dividend yield4.98%3.22%
Asset classequityequity
Regionemerging marketsnorth america
Strategyleveragedinverse
CAGR 1Y-37.2%-31.4%
CAGR 3Y-10.3%-51.5%
CAGR 5Y-43.9%-37.9%
Sharpe 3Y0.14-0.83
Volatility 1Y53.61%56.72%
Max drawdown-98.09%-99.60%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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