CHAD is not Direxion’s first foray into alternative A-shares exposure. In April, the issuer introduced the Direxion 2x Daily CSI 300 China A Share ETF (NYSEArca: CHAU), the first leveraged A-shares ETF to list in the U.S. CHAU attempts to deliver twice the daily performance of the CSI 300 Index. [Upping the Ante With China ETFs]
The firm also sponsors the Direxion Daily China 3x Bull (NYSEArca: YINN) and the Direxion Daily FTSE China Bear 3X Shares (NYSEArca: YANG).
CHAD Index Sector Weights
Table Courtesy: Direxion