Skip to content
Beacon

CHAUDirexion Daily CSI 300 China A Share Bull 2X Shares

Take a bet11y track recordRanked #191 of 949 in this goal

Seeks daily investment results of 200% of the daily performance of the Index.

By Direxion Funds · Launched 2015

Annual Cost

1.19%

#5,483 of 5,861 · expensive

Fund Size

$114M

#2,870 of 5,861 · mid-size

Return (1Y)Goal

+35.4%

Track Record

11 years

#1,268 of 5,861 · established

Performance

Total-return NAV · USD
Growth of $10,000
$14,053+40.5%

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

What's inside

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

synthetic exposure — holdings shown are derivatives collateral, not the fund's positions

DREYFUS GOVERNMENT CASH MANAGE
45.5%
DEUTSCHE BANK AG
32.9%
GOLDMAN FINANCIAL
29.2%
N/A
9.2%
N/A
0.6%
N/A
0.2%
N/A
0.1%
N/A
0.1%
GOLDMAN SACHS LIQ ES FD A
0.0%
DREYFUS
0.0%

Asset allocation

Cash
51.9%
Stocks
48.1%

By sector

Technology
36.3%
Financial Services
17.8%
Industrials
15.6%
Basic Materials
9.1%
Consumer Defensive
5.6%
Consumer Cyclical
5.3%
Healthcare
3.9%
Utilities
2.6%
Other
3.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
39.4%High

Year-on-year price swings

Max drawdown
-78.6%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.30Below average
Sortino (3Y)
0.45Moderate downside risk

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results of 200% of the daily performance of the Index.
Strategy
Invests primarily in the largest and most liquid stocks in the Chinese A-share market, targeting 200% daily leveraged exposure to the Index. Concentrates in financials, information technology, and industrials sectors, with daily rebalancing to maintain exposure.
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

Your return drifts the longer you hold

Leverage amplifies the index's daily move, by 2x or 3x. The fund resets every day, so over weeks and months your real return drifts from that multiple. It can run ahead in a smooth climb and bleed in a choppy one. Hold one for months and you own a different bet than the label suggests.

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

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

What's next?

You've looked at CHAU. Save it to your watchlist to weigh it against other funds, then turn your shortlist into a portfolio.

See other funds for this goal

Data updated on 2026-08-04