About Direxion Shares ETF Trust - Direxion Daily CSI China Internet Index Bull 2X Shares (CWEB)

Direxion Shares ETF Trust - Direxion Daily CSI China Internet Index Bull 2X Shares (CWEB) is an exchange-traded fund that seeks to provide investors with daily 2x leveraged exposure to the performance of the CSI Overseas China Internet Index. The fund primarily invests in equity securities of companies listed on exchanges in mainland China and Hong Kong that are classified as internet-related companies. These companies are involved in various aspects of the internet industry, including e-commerce, social media, online gaming, and online search. By utilizing leverage, the fund aims to magnify the daily returns of the index it tracks.

Investors should be aware that leveraged ETFs like CWEB are designed to provide multiplied exposure to the underlying index on a daily basis and may not be suitable for long-term investors. Due to the compounding nature of leveraged returns, the performance of CWEB can deviate significantly from the performance of the underlying index over periods longer than a day. Therefore, it is important for investors to actively monitor their investments in CWEB and to have a clear understanding of the risks involved.