Key stats
About Direxion Daily CSI 300 China A Share Bull 2X Shares
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Inception date
Apr 16, 2015
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
CHAU is a leveraged play on the China A-share market, using swaps to mimic twice the daily returns on the CSI 300 Index. CHAU rebalances its leveraged exposure daily, so over a period of time, compounding effects can lead to profound differences in expected returns relative to the index. The index invests in large, well-traded Chinese stocks that trade only on the mainland through the subadvisor, Harvest Global Investments, which has an RQFII license up to a specific quota. If the quota is reached, the index will have to either get its quota increased, use derivatives to maintain exposure, or limit or halt creations, so monitoring is warranted. CHAU is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one-day period. The index is reviewed semi-annually.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
ETF
Bonds, Cash & Other100.00%
Cash66.38%
ETF34.10%
Miscellaneous−0.48%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CHAU last dividends amounted to 0.08 USD. The quarter before, the issuer paid 0.14 USD in dividends, which shows a 80.39% decrease.
CHAU assets under management is 137.49 M USD. It's fallen 7.31% over the last month.
CHAU fund flows account for 267.08 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, CHAU pays dividends to its holders with the dividend yield of 2.41%. The last dividend (Apr 1, 2025) amounted to 0.08 USD. The dividends are paid quarterly.
CHAU shares are issued by Rafferty Asset Management LLC under the brand Direxion. The ETF was launched on Apr 16, 2015, and its management style is Passive.
CHAU expense ratio is 1.30% meaning you'd have to pay 1.30% of your investment to help manage the fund.
CHAU follows the China Shenzhen SE / CSI 300 Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CHAU invests in cash.
CHAU price has risen by 4.94% over the last month, and its yearly performance shows a −3.17% decrease. See more dynamics on CHAU price chart.
NAV returns, another gauge of an ETF dynamics, showed a −4.63% decrease in three-month performance and has decreased by −1.30% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −4.63% decrease in three-month performance and has decreased by −1.30% in a year.
CHAU trades at a premium (0.10%) meaning the ETF is trading at a higher price than the calculated NAV.