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Beacon

CHAUDirexion Daily CSI 300 China A Share Bull 2X Shares

Take a bet11y track recordRanked #191 of 775 in this goal

Seeks to magnify the daily performance of the CSI 300 Index by 200%.

By Direxion Funds · Launched 2015

Annual Cost

1.19%

#5,230 of 5,562 · expensive

Fund Size

$106M

#2,876 of 5,562 · mid-size

Return (1Y)Goal

+79.5%

Track Record

11 years

#1,288 of 5,562 · established

Performance

Total-return NAV · USD
Growth of $10,000
$18,501+85.0%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Asia pacific

Strategy

Leveraged

Index tracked

CSI 300 Index

What it actually holds

By weight

Concentration

Top 9 holdings = 132.4% of fundconcentrated

DREYFUS GOVERNMENT CASH MANAGE
45.5%
GOLDMAN FINANCIAL
29.6%
DEUTSCHE BANK AG
24.4%
N/A
21.2%
GOLDMAN SACHS LIQ ES FD A
3.1%
N/A
2.7%
N/A
2.6%
N/A
2.0%
N/A
1.4%

Asset allocation

Cash
55.9%
Stocks
44.1%

By sector

Technology
31.1%
Financial Services
19.1%
Industrials
16.1%
Basic Materials
9.4%
Consumer Defensive
6.7%
Consumer Cyclical
6.4%
Healthcare
4.4%
Utilities
3.1%
Other
3.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
34.4%High

Year-on-year price swings

Max drawdown
-78.6%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.44Below average
Sortino (3Y)
0.65Moderate downside risk

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks to magnify the daily performance of the CSI 300 Index by 200%.
Strategy
Invests primarily in financial instruments, including swaps and futures, to achieve 2X daily leveraged exposure to the CSI 300 Index. Concentrates investments in sectors like financials, information technology, and industrials, mirroring the index's composition.
Inception date
April 16, 2015
Fund family
Direxion Funds

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged
Warning

Leveraged ETF — not a long-term hold

This fund uses leverage to amplify daily returns (e.g. 2x or 3x of an index). Daily rebalancing creates volatility decay — over weeks and months, the fund's return drifts from the stated multiple. In trending markets with low realised volatility, leveraged index ETFs can outperform their nominal multiple; in sideways or volatile markets they bleed. Designed for short-term tactical use, not buy-and-hold.

Source: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)

Why we flagged this: strategy=leveraged + leveraged_name_or_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-19