CHAU - Direxion Daily CSI 300 China A Share Bull 2X Shares
19.70 -0.11 (-0.56%)
After hours: 7:59PM EDT
| Previous Close | 20.62 |
| Open | 20.46 |
| Bid | 0.00 x 1000 |
| Ask | 0.00 x 800 |
| Day's Range | 19.74 - 20.78 |
| 52 Week Range | 13.90 - 27.64 |
| Volume | 654,740 |
| Avg. Volume | 485,123 |
| Net Assets | 143.3M |
| NAV | 20.61 |
| PE Ratio (TTM) | N/A |
| Yield | 0.78% |
| YTD Return | 46.27% |
| Beta (3Y Monthly) | 2.06 |
| Expense Ratio (net) | 1.15% |
| Inception Date | 2015-04-16 |
- ETF Trends
China’s Job Market Faces Pressure Amid Trade Deal Impasse with U.S.
Persisting trade tensions with the U.S. are starting to affect China's job market, according to China’s top economic planning body. “Due to (the) impact from the continued increase of China-U.S. economic trade frictions and other uncertainties, recruitment demand for university graduates is tightening in internet, finance and other industries,” according to a statement to CNBC from a spokesperson for the National Development and Reform Commission (NDRC). Bearish exchange-traded funds (ETFs) like the Daily FTSE China Bear 3X Shares (YANG) could see strength if a languishing job market has broader effects on the country's economy.
- ETF Trends
Trade War Could Trigger Global Crisis, Says French Finance Minister
If you want someone to paint a rosy picture of the global economy, you might not want to ask French Finance and Economy Minister Bruno Le Maire. At the G-20 Finance Ministers Meeting in Fukuoka, Japan, Le Maire cited the escalation of a U.S.-China trade war as the prime culprit. “We do not have the growth figures we should have because of the trade tensions between the U.S. and China,” Le Marie said.
- ETF Trends
China Bears Find a Home in “YANG” ETF
Panda bears might be native to China, but it was exchange-traded fund (ETF) bears dwelling in the Chinese equities space on Tuesday with the Daily FTSE China Bear 3X Shares (YANG) . As the threat of trade wars permeated the capital markets, YANG was up 8.03 percent. U.S. President Donald Trump threatened to impose a higher an increase in existing tariffs on Chinese goods on Friday with the hope that it will force China's hand in relenting to a trade deal.
- ETF Trends
Take Advantage of These Leveraged ETFs as Trade Talks Wind Down
Global economic fears on Friday took a back seat with data coming out of the United States revealing that the labor market remains robust, but the primary trigger event is still a U.S.-China trade deal ...
- Zacks
6 Best Performing Leveraged ETFs of Q1
We have highlighted six leveraged equity ETFs that have piled up more than 50% returns in the first quarter.
- ETF Trends
For Leveraged-Inverse Plays, Don’t Forget China and Robots
Two areas, in particular, are in China and robotics. While ongoing trade negotiations between the U.S. and China have the capital markets eagerly anticipating a tangible trade deal, stimulus measures by the Chinese government to prop up the domestic economy are starting to take its effect. A mix of Chinese stimulus measures have been providing the fodder for economic growth, such as lower taxes, no corporate tax breaks, monetary policy adjustments, and more market access for foreign companies to set up shop.
- Zacks
Bet on Surging China Stocks With These Leveraged ETFs
Amid bullishness, many investors have turned confident on China stocks and are seeking to tap this opportunity with a leveraged play.
- Zacks
Leveraged ETFs That Soared More Than 50% in February
We have highlighted some leveraged equity ETFs that have piled up more than 50% returns in February.
- ETF Trends
G-20 Summit Will Be Key Mover for Leveraged China ETFs
A meeting with high-level officials doesn't get any higher when U.S. President Donald Trump and Chinese President Xi Jinping will be in the same room at the G-20 Summit scheduled to take place on November 30 in Buenos Aires. An October replete with sell-offs and a start to November that saw U.S. equities rally following the conclusion of the U.S. midterm elections was followed up by the return of trade wars racking the markets. Escalating trade tensions resumed when reports surfaced that President Donald Trump is threatening to install more tariffs, particularly on vehicles manufactured overseas.
- ETF Trends
3 Issues to Watch that Could Affect Leveraged China ETFs
An October replete with sell-offs and a start to November that saw U.S. equities rally following the conclusion of the U.S. midterm elections was followed up by the return of trade wars racking the markets as the Dow Jones Industrial fell by as much as 500 points on Monday. Doing much of the damage was reports that U.S. President Donald Trump is threatening to install more tariffs, particularly on vehicles manufactured overseas. President Trump has considered implementing a 25% tariff on cars made overseas in the beginning of the year, but resistance from auto manufacturers and international governments have largely put those efforts on hold.
- ETF Trends
Double Leveraging China Amid Trade Tensions
The capital markets may have developed an immunity towards the trade scuffle between the United States and China despite the two economic superpowers engaging in a blow-for-blow tariff war. As the U.S. and China move forward to ameliorate their trade differences, investors who are still diffident about dipping their capital into the stock market--even with the current bull market extending itself into the later portion of the market cycle--can still find opportunities. "In the near term, equity markets have remained pretty resilient in the face of rising bond yields, suggesting investors are comfortable with corporate earnings and global growth and potentially not too impacted by trade tensions," said Direxion head of capital markets Sylvia Jablonski.
