Direxion Daily CSI China Internet Bull 2X Shares vs iShares MBS ETF — how do they compare? Direxion Daily CSI China Internet Bull 2X Shares trades at $22.48, while iShares MBS ETF trades at $93.69. The key difference: iShares MBS ETF is trading nearer its 52-week high, Direxion Daily CSI China Internet Bull 2X Shares nearer its low. Which is the better fit depends on your goals.
| CWEB | MBB | |
|---|---|---|
Sector | Leveraged / Inverse | — |
52-Week High | $60.13 | $96.91 |
52-Week Low | $17.70 | $92.46 |
Trailing returns across standard periods
CWEB is a leveraged ETF that seeks to provide two times (2x) the daily performance of the CSI China Internet Index. It offers magnified exposure to top Chinese internet companies listed on US and Hong Kong exchanges.
Read more on CWEB →The fund will invest at least 80% of its assets in the component securities of the underlying index and TBAs that have economic characteristics that are substantially identical to the economic characteristics of the component securities of the index, and the fund will invest at least 90% of its assets in fixed income securities included in the underlying index that advisor believes will help the fund track the index.
Read more on MBB →