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CWEB vs VIXY

Comparison between DIREXION DAILY CSI CHINA INTERNET INDEX BULL 2X SHARES (CWEB, ETF) and ProShares VIX Short-Term Futures ETF (VIXY, ETF).

5-Year PerformanceCWEB has outperformed VIXY, delivering a return of -43.9% compared to -45.9%

CWEB vs VIXY - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
Winner
CWEB
$230M
VIXY
$230M
Expense Ratio
CWEB
N/A
VIXY
0.96%
Max Drawdown
Winner
CWEB
98.09%
VIXY
100.00%
Sharpe Ratio
Winner
CWEB
-0.85
VIXY
-1.09
5Y Beta
CWEB
1.67
Winner
VIXY
0.00

CWEB vs VIXY - Historical Returns

Returns include dividend reinvestment.

1M
CWEB
-18.72%
Winner
VIXY
-13.00%
3M
Winner
CWEB
-25.17%
VIXY
-30.10%
6M
CWEB
-45.98%
Winner
VIXY
-18.91%
1Y
Winner
CWEB
-43.31%
VIXY
-53.38%
5Y(CAGR)
Winner
CWEB
-43.95%
VIXY
-45.93%
10Y(CAGR)
Winner
CWEB
-20.70%
VIXY
-48.44%
Max(CAGR)
Winner
CWEB
-20.70%
VIXY
-48.39%

CWEB vs VIXY - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

YearCWEBVIXY
2026-48.30%-7.62%
2025+33.93%-44.21%
2024+7.60%-27.43%
2023-39.19%-72.62%
2022-58.78%-22.16%
2021-79.19%-74.80%
2020+92.40%+14.98%
2019+50.96%-66.82%
2018-65.99%+72.91%
2017+159.19%-70.68%
2016-18.40%-70.06%
2015N/A-35.32%
2014N/A-27.89%
2013N/A-61.86%
2012N/A-76.29%
2011N/A-4.40%

CWEB vs VIXY Drawdown Comparison

The maximum drawdown for CWEB was -98.09%, occurring on Oct 24, 2022. This drawdown has not yet recovered.

The maximum drawdown for VIXY was -100.00%, occurring on Jun 4, 2026. This drawdown has not yet recovered.

The current CWEB drawdown is -97.70%. The current VIXY drawdown is -100.00%.

RankCWEBVIXY
#1-98.09%
Feb 17, 2021 - Oct 24, 2022
-100.00%
Oct 3, 2011 - Jun 4, 2026
#2-74.48%
Jan 26, 2018 - Jan 8, 2021
-47.05%
Mar 16, 2011 - Aug 18, 2011
#3-19.99%
Nov 22, 2017 - Jan 3, 2018
-24.07%
Jan 4, 2011 - Mar 16, 2011
#4-19.28%
Nov 9, 2016 - Feb 10, 2017
-12.28%
Aug 22, 2011 - Sep 9, 2011
#5-15.75%
Oct 16, 2017 - Nov 21, 2017
-10.35%
Sep 12, 2011 - Sep 22, 2011
#6-13.09%
Jan 25, 2021 - Feb 3, 2021
-5.31%
Sep 23, 2011 - Sep 28, 2011
#7-12.98%
Jun 8, 2017 - Jul 14, 2017
-1.75%
Sep 28, 2011 - Sep 30, 2011
#8-11.20%
Sep 18, 2017 - Oct 16, 2017
N/A
#9-9.15%
May 22, 2017 - Jun 8, 2017
N/A
#10-9.02%
Aug 23, 2017 - Sep 7, 2017
N/A
#11-7.42%
Aug 9, 2017 - Aug 23, 2017
N/A
#12-6.75%
Jan 8, 2021 - Jan 19, 2021
N/A
#13-5.31%
May 1, 2017 - May 9, 2017
N/A
#14-4.86%
Feb 22, 2017 - Mar 8, 2017
N/A
#15-4.64%
May 16, 2017 - May 19, 2017
N/A

Correlation

Correlation between CWEB and VIXY is 0.51 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.51
-101

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