Direxion Daily CSI China Internet Bull 2X Shares

10-Year Study

CWEB.US · · US · ETF

Executive Summary: Direxion Daily CSI China Internet Bull 2X Shares has compounded at -18.4% annually over the last 10 years, with a maximum drawdown of 97.2% and an annualized volatility of 110.7%.

1Y CAGR
-16.9%
3Y CAGR
+1.3%
5Y CAGR
-41.8%
10Y CAGR
-18.4%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
97.2%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
-0.01
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
-0.01
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
72.1%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2017 · +166.3%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2021 · -79.4%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
50%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20266.2-23.6-17.811.5————————-25.6%
202513.015.43.4-17.72.59.15.614.720.0-11.1-12.4-8.129.0%
2024-26.616.15.811.08.0-15.0-5.1-7.770.2-13.4-10.4-5.80.1%
202323.1-26.911.4-20.6-21.914.037.3-20.6-10.2-10.814.5-5.3-32.8%
20221.8-21.1-38.6-6.02.721.5-26.18.9-33.3-42.9107.89.9-59.4%
202125.65.7-30.3-3.7-13.0-2.3-49.9-0.6-15.20.1-16.3-22.9-79.4%
2020-3.42.4-18.213.316.838.015.39.5-6.610.18.83.6116.4%
201934.613.30.06.3-32.517.9-8.3-0.6-6.017.87.08.651.2%
201825.4-8.6-8.1-8.88.8-7.7-12.8-18.9-8.2-28.55.8-21.9-63.0%
201718.99.412.511.112.10.327.16.51.9-1.9-0.17.7166.3%
2016———————————-15.8-15.8%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 110.7%. The dominant macroeconomic risk driver is VWO.US, accounting for 55.4% of variance. Idiosyncratic stock-specific factors contribute 6.3%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-11-0110000
2016-12-018417.782578844499
2017-01-0110012.149014145836
2017-02-0110953.353584966677
2017-03-0112325.125704453607
2017-04-0113696.946970437892
2017-05-0115357.567798821763
2017-06-0115406.154026105638
2017-07-0119583.449032379187
2017-08-0120853.33554820215
2017-09-0121244.06986076306
2017-10-0120832.09934669561
2017-11-0120819.355659931796
2017-12-0122413.81055892837
2018-01-0128113.80166341235
2018-02-0125691.63619993385
2018-03-0123598.570426684975
2018-04-0121531.827517418747
2018-05-0123423.048626035947
2018-06-0121616.26611452215
2018-07-0118843.37158732866
2018-08-0115283.872626039878
2018-09-0114030.612370271678
2018-10-0110031.316148113783
2018-11-0110617.761642436624
2018-12-018289.603599096296
2019-01-0111156.584180823726
2019-02-0112637.038864558643
2019-03-0112640.970584346938
2019-04-0113434.63737011195
2019-05-019063.724822863736
2019-06-0110684.256853356188
2019-07-019796.125585027617
2019-08-019739.150050645465
2019-09-019158.277769122533
2019-10-0110787.00252072385
2019-11-0111543.20493155613
2019-12-0112537.202669834322
2020-01-0112109.249714827449
2020-02-0112403.833819965568
2020-03-0110140.883349314136
2020-04-0111493.296663493442
2020-05-0113421.490682069834
2020-06-0118523.177242419522
2020-07-0121361.908417468043
2020-08-0123397.222141676575
2020-09-0121852.88684068131
2020-10-0124057.814956556955
2020-11-0126182.39837855876
2020-12-0127128.64538000809
2021-01-0134082.643767020054
2021-02-0136015.30520220589
2021-03-0125097.78924310954
2021-04-0124160.472160229376
2021-05-0121022.109534764513
2021-06-0120536.17845682947
2021-07-0110288.175401883198
2021-08-0110225.685630497957
2021-09-018667.95299432407
2021-10-018676.88291289324
2021-11-017261.979827328696
2021-12-015601.585072832652
2022-01-015699.784689195093
2022-02-014499.121014894829
2022-03-012762.853897784132
2022-04-012597.706922726471
2022-05-012667.7849133031214
2022-06-013242.6711514483713
2022-07-012397.749483593179
2022-08-012611.5465763812745
2022-09-011742.5185515740884
2022-10-01995.3394376559481
2022-11-012068.3450850799586
2022-12-012272.3227076967837
2023-01-012797.2220433835787
2023-02-012045.5853421554573
2023-03-012278.692093753824
2023-04-011809.367617274601
2023-05-011413.3451415984307
2023-06-011611.267915741279
2023-07-012212.8554458987987
2023-08-011756.7268039590454
2023-09-011576.727757401094
2023-10-011407.0986217847747
2023-11-011610.565120829121
2023-12-011525.866047289743
2024-01-011120.1322237364805
2024-02-011301.0159072467986
2024-03-011376.7850622170083
2024-04-011528.1218715182779
2024-05-011650.0248435544124
2024-06-011403.0882676007122
2024-07-011330.9903559828242
2024-08-011228.8541051823508
2024-09-012091.281755394934
2024-10-011810.4046083687638
2024-11-011622.227584651156
2024-12-011527.6746383923592
2025-01-011726.2264877013347
2025-02-011992.2417339277438
2025-03-012060.181851869508
2025-04-011695.6082198499755
2025-05-011737.7071094831608
2025-06-011895.1184258573483
2025-07-012000.3754792397824
2025-08-012294.1388378720944
2025-09-012753.447258190633
2025-10-012447.721642102428
2025-11-012143.907824761283
2025-12-011971.2660088571818
2026-01-012094.132252241449
2026-02-011599.718488863158
2026-03-011315.6517341587323
2026-04-011466.5314810346124
Annual Return Matrix
YearAnnual Return
20171.6626739701330107
2018-0.6301564351451077
20190.5124007463036095
20201.1638515460296528
2021-0.7935177007783578
2022-0.5943429086318065
2023-0.32849940630292174
20240.0011852882537288778
20250.29037031794390056
2026-0.256045873846921
Total Factor Risk
1.1069308018159123
VTI.US Exposure
0.0022124796662572103
VEA.US Exposure
-0.08115798970877944
VWO.US Exposure
0.5537654601373394
QQQ.US Exposure
-0.018616589287212933
VTV.US Exposure
-0.0006016632732293745
IJR.US Exposure
0.007779002880886249
QUAL.US Exposure
0.010514642135206503
SHV.US Exposure
0.4113165433343018
TLT.US Exposure
-0.020744385975955914
LQD.US Exposure
0.09096526412952766
HYG.US Exposure
-0.0053519649320617185
GLD.US Exposure
-0.009456712358287978
USO.US Exposure
0.003966183179072567
VNQ.US Exposure
-0.010240105723045746
BTC-USD.CC Exposure
-0.0007229097237607936
CPER.US Exposure
-0.0016221070141882853
VIX.INDX Exposure
-0.0054875929583464685
UUP.US Exposure
0.009865069075438826
TIP.US Exposure
0.0001408286633015827
Idiosyncratic Exposure
0.06347654775353696
Value Score
43.8
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
41
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
110.7%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →15.5x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →3.42%
Market Cap$47.1B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$11
Avg Yield on Cost
0.11%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$11.30.11%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-4.6%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-29.3%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
49.0% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.68
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Direxion Daily CSI China Internet Bull 2X Shares a high-risk investment?

Direxion Daily CSI China Internet Bull 2X Shares (CWEB.US) has an annualized volatility of 110.7% and experienced a maximum drawdown of 97.2% over the last 10 years. Its primary macro risk driver is VWO.US.

What is the 10-year return of CWEB.US?

Over the past 10 years, CWEB.US has generated a Compound Annual Growth Rate (CAGR) of -18.4%. It has had a positive return in 50% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

Run a Full Backtest on Direxion Daily CSI China Internet Bull 2X Shares

stresstest.pro lets you simulate DCA vs Lump Sum, Monte Carlo projections, portfolio optimisation, and more — all in seconds.

Start a Free Backtest