Direxion Daily CSI 300 China A Share Bull 2X Shares

Ticker

CHAU

ISIN

US25490K869

Price

-

Change Today

-

Price 1 year ago

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Morningstar

-


Price evolution


Yearly returns


Peers comparison

Risk factors

1 year

1 year

History

None

Company information

Summary

The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the CSI 300 Index. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, ETFs that track the index, securities of the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index is a modified free-float market capitalization weighted index comprised of the largest and most liquid stocks in the Chinese A-share market. The fund is non-diversified.

Market

US

Category

Trading--Leveraged Equity

Expense Ratio

1.05%

Fund family

Direxion Funds

Morningstar
-
Yield
-
Exchange
PCX
Sector Weight
Utilities 1.90%
Financial services 0.45%
Consumer defensive 0.30%
Industrials 0.28%
Technology 0.24%
Consumer cyclical 0.17%
Healthcare 0.17%
Basic materials 0.15%
Realestate 0.04%
Energy 0.03%
Communication services 0.02%
None

Holdings

Symbol Name Allocation
ASHR Xtrackers Harvest CSI 300 China A ETF 37.26%
DAPXX Dreyfus Government Secs Cash Mgmt Admin 33.57%
FTIXX Goldman Sachs FS Treasury Intms Instl 32.25%
Deutsche X-Trackers Harvest Csi 300 Swap 5.15%
Deutsche X-Trck Harvest Csi 300 Swap 0.36%
Goldman Finl Sq Trsry Ins 0%

Alternative funds

Ticker Name Isin Exchange Expenses Morningstar Alpha Beta
RUSL Direxion Daily Russia Bull 2X Shares US25460E828 PCX 1.26% 3 +0.50

Sustainability scores

Events

Indicators

Glossary
Momentum
A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend.
Inertia
In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend.
Relative Strength Index (RSI)
A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction.
Fibonacci's Weighted Moving Average
A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend.
Williams %R
A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce.
Relative Volatility Index (RVI)
A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk.
Commodity Channel Index (CCI)
A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.