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ETFs

Direxion Daily CSI 300 China A Share Bull 2X Shares

CHAU
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Apr 16, 2015
Expense Ratio
0.9%
Type
Global Ex. US Equities
Fund Owner
Direxion Shares
Volume (1m avg. daily)
$1,032,476
AUM
$59,536,377
Associated Index
CSI 300 Index
Inverse/Leveraged
Leveraged (2x)
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

ASHR
DBX ETF Trust - Xtrackers Harvest CSI 300 China A-Shares ETF
18.41%
—
GOLDMAN FINL SQ TRSRY INST 506
16.69%
—
DREYFUS GOVT CASH MAN INS
6.32%
Invest with CHAU
Trade CHAU Options

What is CHAU?

The Direxion Daily CSI 300 China A Share Bull 2x Shares seeks daily investment results, before fees and expenses, of 200% of the performance of the CSI 300 Index. There is no guarantee the fund will meet its stated investment objective. The CSI 300 Index is a modified free-float market capitalization weighted index comprised of the largest and most liquid stocks in the Chinese A-share market. Index constituent stocks must have been listed for more than three months (unless the stock s average daily A-share market capitalization since its initial listing ranks among the top 30 of all A-shares) and must not be experiencing obvious abnormal fluctuations or market manipulations.

1M
3M
6M
YTD
1Y
3Y
Max
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CHAU
Performance Measures**

for the time period Apr 16, 2015 to Dec 4, 2025

Returns

1M Trailing Return: -0.2%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 9.4%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -79.1%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 55.8%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.17

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: -0.08

The annualized return divided by the max drawdown for the selected time period.

ETFs related toCHAU

ETFs correlated to CHAU include ASHR, CNYA, KBA

CHAU
Direxion Shares ETF Trust - Direxion Daily CSI 300 China A Share Bull 2X Shares
ASHR
DBX ETF Trust - Xtrackers Harvest CSI 300 China A-Shares ETF
CNYA
BlackRock Institutional Trust Company N.A. - iShares MSCI China A ETF
KBA
KraneShares Trust - KraneSharesBosera MSCI China A 50 Connect Index ETF
CXSE
WisdomTree Trust - WisdomTree China ex-State-Owned Enterprises Fund
GXC
SSgA Active Trust - SPDR S&P China ETF
MCHI
BlackRock Institutional Trust Company N.A. - iShares MSCI China ETF
CQQQ
Invesco Capital Management LLC - Invesco China Technology ETF
FXI
BlackRock Institutional Trust Company N.A. - iShares China Large-Cap ETF
GMF
SSgA Active Trust - SPDR S&P Emerging Asia Pacific ETF
YINN
Direxion Shares ETF Trust - Direxion Daily FTSE China Bull 3X Shares

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toCHAU

Aggressive Battleship III/ Sort WM 74

Category

Tactical allocation, trend-following, momentum rotation, multi-asset, leveraged ETFs, crash-hedge, commodities tilt, daily rebalanced

OOS Cumulative Return

147.42%

FTLT V5 W/ Frontrunner V4 + Aggressive Battleship V2 WM74

Category

Trend-following, momentum, mean-reversion, volatility hedge, leveraged/inverse ETFs, tactical allocation, commodities, daily rebalancing

OOS Cumulative Return

137.85%

Create your own algorithmic trading strategy with CHAU using Composer

FAQ

CHAU is a Global Ex. US Equities ETF. The Direxion Daily CSI 300 China A Share Bull 2x Shares seeks daily investment results, before fees and expenses, of 200% of the performance of the CSI 300 Index. There is no guarantee the fund will meet its stated investment objective. The CSI 300 Index is a modified free-float market capitalization weighted index comprised of the largest and most liquid stocks in the Chinese A-share market. Index constituent stocks must have been listed for more than three months (unless the stock s average daily A-share market capitalization since its initial listing ranks among the top 30 of all A-shares) and must not be experiencing obvious abnormal fluctuations or market manipulations.

CHAU tracks the CSI 300 Index.

No, CHAU is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, CHAU is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on CHAU is -0.0045%. This is the percent change in the value of CHAU over the most recent 1-month period. The 3-month return on CHAU is -0.0608%. This is the percent change in the value of CHAU over the most recent 3-month period.

The standard deviation of CHAU for the past year is 0.4522%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to CHAU include SSO, QID, and SDS.

ETFs correlated to CHAU include ASHR, CNYA, and KBA.

ETFs that are inversely correlated to CHAU include YANG, EDZ, and USDU.

Yes, CHAU is a Leveraged (2x) ETF: This means that CHAU will try to match the performance of CSI 300 Index, but with 2x the returns.

No, CHAU is not an inverse ETF.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.