CWEB:ARCA-Direxion Daily CSI China Internet Index Bull 2X Shares (USD)

ETF | Trading--Leveraged Equity | NYSE Arca

Last Closing

USD 29.55

Change

+0.08 (+0.27)%

Market Cap

USD 2.34M

Volume

0.17M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks daily investment results, of 200% of the performance of the CSI Overseas China Internet Index. The fund, creates long positions by investing at least 80% of its assets in the securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. The securities included in the index are primarily listed outside of China, have been listed for at least 3 months and meet one of the following criteria: 1) the company is incorporated in mainland China; 2) the operation center for the company is in mainland China; 3) at least 50% of the revenue is from mainland China. It is non-diversified.

Inception Date: 02/11/2016

Primary Benchmark: CSI Overseas China Internet PR USD

Primary Index: S&P 500 TR USD

Gross Expense Ratio: NA%

Management Expense Ratio: 1.06 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
KWEB KraneShares CSI China Internet ETF 49.75 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-03-27 )

Largest Industry Peers for Trading--Leveraged Equity

Symbol Name Mer Price(Change) Market Cap
SOXL Direxion Daily Semiconductor B.. 1.10 %

N/A

USD 10.94B
QLD ProShares Ultra QQQ 0.95 %

N/A

USD 5.97B
SSO ProShares Ultra S&P500 0.90 %

N/A

USD 4.66B
SPXL Direxion Daily S&P500® Bull 3.. 1.00 %

N/A

USD 4.15B
FNGU MicroSectors FANG+ Index 3X Le.. 0.00 %

N/A

USD 3.97B
TECL Direxion Daily Technology Bull.. 1.17 %

N/A

USD 3.23B
UPRO ProShares UltraPro S&P500 0.92 %

N/A

USD 2.73B
FAS Direxion Daily Financial Bull .. 1.04 %

N/A

USD 2.45B
TNA Direxion Daily Small Cap Bull .. 1.10 %

N/A

USD 2.23B
YINN Direxion Daily FTSE China Bull.. 1.02 %

N/A

USD 0.96B

ETFs Containing CWEB

PSY 0.00 % 0.76 %

N/A

N/A
SEED:CA 0.00 % 1.13 %

N/A

N/A
CNBS Amplify Seymour Cannabis .. 0.00 % 0.00 %

N/A

USD 0.03B

Market Performance

  Market Performance vs. Industry/Classification (Trading--Leveraged Equity) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -11.31% 7% C- 10% F
Dividend Return 0.41% 73% C 25% F
Total Return -10.90% 7% C- 9% A-
Trailing 12 Months  
Capital Gain -41.97% 5% F 5% F
Dividend Return 1.87% 63% D 27% F
Total Return -40.10% 5% F 5% F
Trailing 5 Years  
Capital Gain -89.64% 3% F 2% F
Dividend Return 0.96% 13% F 2% F
Total Return -88.68% 5% F 2% F
Average Annual (5 Year Horizon)  
Capital Gain -1.37% 22% F 35% F
Dividend Return -1.06% 19% F 24% F
Total Return 0.31% 30% F 9% A-
Risk Return Profile  
Volatility (Standard Deviation) 98.28% 34% F 8% B-
Risk Adjusted Return -1.08% 22% F 28% F
Market Capitalization 2.34M 69% C- 41% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Negative free cash flow

The company had negative total free cash flow in the most recent four quarters.