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CWEB vs WX

Direxion Daily CSI China Internet Index Bull 2X ETF

CWEBDNYSE Arca

Corgi All World 2x Daily ETF

WXCCboe

Overlap

0.0%by weight

Expense ratio

WX −1.07pt a year

CWEB1.27%WX0.20%

Avg volume · 30D

CWEB 2249.7×the volume

CWEB641KWX285

CWEB vs WX Performance

Jul 31, 2026 – Oct 30, 2026

−37.9%CWEB−3.2%WX

Jul 31, 2026 to Oct 30, 2026. CWEB −37.9%. WX −3.2%. Use the arrow keys to read each point.−30%−20%−10%10%Jul 2026Sep 2026Oct 2026
Expense ratio
CWEB 1.27%
WX 0.20%, better
Fund size
CWEB $143M
WX $1M
1Y total return
CWEB −68.0%
WX No data
Yield (12M)
CWEB 9.61%
WX No data
Holdings
CWEB 8
WX 1
Avg volume (30D)
CWEB 641K sh, better
WX 285 sh
NAV per share
CWEB $15.72
WX $22.96
52W range

ETF.net Grade

CWEB: Cost 10, Risk 18, Mission not scored, Tradability 62, Holdings not scored, Durability 71. WX: Cost 100, Risk 71, Mission not scored, Tradability 31, Holdings not scored, Durability 23.
Pillar letters and Scores for CWEB, WX, with each pillar’s weight
PillarCWEBWX
Cost30% weightF10A100Higher
Mission25% weightNot scoredNot scored
Risk15% weightF18A71Higher
Tradability15% weightB62HigherD31
Holdings10% weightNot scoredNot scored
Durability5% weightA71HigherF23

Rank among Leveraged Long (2x & Other) funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. CWEB and WX are both graded against the same 95 Leveraged Long (2x & Other) funds, so their Grades compare head to head.

Leveraged Long (2x & Other)⁠

Category · 95 funds
See all 95 ›

WX ranks 37th and CWEB 86th of 95 funds in the Leveraged Long (2x & Other) Category.

  1. Rank 37CWLDULeverage Shares 2x Long World SScore 40
  2. Rank 37CWXCorgi All World 2x Daily ETFScore 40
  3. Rank 37CXBIXCorgi U.S. Biotech 2x Daily ETFScore 40
  4. Rank 84DFDRXCorgi Founder-Led 2x Daily ETFScore 30
  5. Rank 86DCWEBDirexion Daily CSI China Internet Index Bull 2X ETFScore 28
  6. Rank 86DTARKTradr 2X Long Innovation ETFScore 28

Our read on each fund

ETF.net Research

CWEBDDirexion Daily CSI China Internet Index Bull 2X ETF

WXCCorgi All World 2x Daily ETF

In short

CWEB Two times the daily move of an index of China's overseas-listed internet names. Direxion has run it since 2016, and the leverage resets every day, so a week's result rarely equals twice the week.

WX No data

Stated mandate

CWEB The fund seeks daily investment results, before fees and expenses, equal to 200% of the CSI Overseas China Internet Index's performance.

WX No data

Why people hold it

  • CWEB A rare corner of the leveraged shelf: 2x daily exposure to the CSI Overseas China Internet Index, not another US large-cap tracker.direxion.com
  • 2x, not 3x. Same daily-reset math as the triple-leveraged crowd (FAS, UDOW), with half the amplification on each move.direxion.com
  • Actively traded, which is what matters in a tool designed to be held for days rather than decades.
  • Trading since 2016, a long operating record for a leveraged fund pointed at a single country and a single sector.

WX No data

Worth knowing

  • CWEB 1.27% a year, above the roughly 1.04% median for leveraged bull funds. The fee accrues daily, alongside the leverage.
  • The leverage resets each session. Hold past one day and returns compound away from 2x, with choppy sideways markets the least friendly setting.
  • One country, one sector, doubled. Beijing policy headlines and US listing rules land here at twice the force.

WX No data

Full CWEB profile⁠

Full WX profile⁠

CWEB vs WX Holdings

How CWEB and WX differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of CWEB and 0.0% of WX.

Level by level

  • Countryby domicile0.0%
  • Holdings0 in both0.0%
  • Asset classEquity100%

Sector

No Sector split for WX.

Country, concentration and asset class

Country by domicile

Country weights in CWEB and WX, widest gap first
CountryMore in CWEBMore in WX
United StatesWX +100.0 points
ChinaCWEB +99.0 points
SingaporeCWEB +1.0 points

Outside the US: CWEB 1% developed, 99% emerging.

Concentration

Weight in the 10 largest Holdings

  • CWEB100.0%
  • WX198.9%

Securities held

  • CWEB2
  • WX0

Asset class

CWEB
Equity
WX
Equity

Holdings

  • Only in CWEB2
  • In both0
  • Only in WX0

Only in CWEB

2 securities, 36.4% of CWEB by weight

  • Kranesh Csi China Internet26.93%
  • Goldman Finl Sq Trsry Inst 5069.50%

Only in WX

0 securities, 0.0% of WX by weight

Weight gaps

CWEB and WX share no securities.

All 10 CWEB holdings⁠All 15 WX holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

CWEB vs WX Cost

Overpaying CWEB vs WX

$18,763

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • CWEB 1.27%

    $22,918

  • WX 0.20%

    $4,155

$10,000
30 years

Cost over time

  • CWEB 1.27%
  • WX 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K$25K051015202530CWEB $22,918WX $4,155

Year by year

YearCWEBWXOverpaying
10$2,214$365$1,849
20$8,220$1,421$6,799
30$22,918$4,155$18,763

Expense ratio

  • 1.27%CWEB
  • 0.20%WX, cheaper
  • Middle half of Leveraged Long (2x & Other) funds
  • Median 0.95%

WX cheapest of 95 funds

CWEB 89th cheapest of 95 funds

CWEB vs WX Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
CWEB 9.61%
WX No data
Payout (12M)
CWEB $1.51
WX None
Last payment
CWEB $0.07
WX No data
Ex-dividend
CWEB Sep 22, 2026
WX No data
Paid on
CWEB Sep 29, 2026
WX No data
Frequency
CWEB Quarterly
WX No data

Distribution history

Per share, 2017 to 2026, same scale for both

CWEBQuarterly · 20 paymentsAll CWEB payments⁠
One bar per payment. 20 payments from 2017 to 2026 YTD. Dec 13, 2017 $15.22; Jun 19, 2018 $0.90; Sep 25, 2018 $1.07; Dec 27, 2018 $1.01; Mar 19, 2019 $0.09; Jun 25, 2019 $0.36; Sep 24, 2019 $0.39; Dec 23, 2019 $0.96; Mar 21, 2023 $0.06; Jun 21, 2023 $0.17; Sep 19, 2023 $0.18; Dec 21, 2023 $0.47; Mar 19, 2024 $0.14; Jun 25, 2024 $0.16; Sep 24, 2024 $0.09; Dec 23, 2024 $1.08; Dec 31, 2025 $1.11; Mar 24, 2026 $0.23; Jun 23, 2026 $0.09; Sep 22, 2026 $0.07. Use the arrow keys to read each point.$0$102017202020232026YTD
WXAll WX payments⁠

No distribution history available.

CWEB vs WX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
CWEB 64.2%WX No data
Return per unit of riskSharpe ratio, 3 years
CWEB −0.10WX No data
Worst fallMax drawdown, 5 years
CWEB −92.3%WX No data
Market sensitivityBeta, 5 years
CWEB 1.28WX 2.76

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