{"url":"https://etfiq.com/compare/leverage/cweb-vs-webx","section":"compare","title":"CWEB vs WEBX: which held to its multiple? | ETFIQ","description":"CWEB sets out to return +2 times KWEB each day and WEBX +2 times. Over the three months to Sep 30, 2026 they finished \u22122.9 pts and \u22124.0 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, CWEB or WEBX?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, CWEB finished 2.9 points from what its multiple implies and WEBX finished 4.0 points from its own, so CWEB came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are CWEB and WEBX levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on KraneShares CSI China Internet ETF, CWEB at +2 times and WEBX at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, CWEB or WEBX?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window CWEB\u2019s moved at 24% annualized and WEBX\u2019s at 24%, so CWEB has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold CWEB or WEBX for a year?","acceptedAnswer":{"@type":"Answer","text":"Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, CWEB or WEBX?","acceptedAnswer":{"@type":"Answer","text":"CWEB charges 1.27% a year and WEBX charges 0.45%, so WEBX is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"CWEB vs WEBX","item":"https://etfiq.com/compare/leverage/cweb-vs-webx"}]},{"@type":"WebPage","name":"CWEB vs WEBX: which held to its multiple?","description":"CWEB sets out to return +2 times KWEB each day and WEBX +2 times. Over the three months to Sep 30, 2026 they finished \u22122.9 pts and \u22124.0 pts away.","url":"https://etfiq.com/compare/leverage/cweb-vs-webx","dateModified":"2026-09-30","abstract":"Over the days both have traded, CWEB finished 2.9 points from its stated multiple and WEBX 4.0.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of CWEB and WEBX","description":"CWEB sets out to return +2 times KWEB each day and WEBX +2 times. Over the three months to Sep 30, 2026 they finished \u22122.9 pts and \u22124.0 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/cweb-vs-webx","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":6618,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / CWEB vs WEBX \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n CWEB vs WEBX: which held to its multiple?\n\n Over the days both have traded, CWEB finished 2.9 points from its stated multiple and WEBX 4.0.\n Copy this for sharing \n \n Direxion Daily CSI China Internet Index Bull 2X ETF and Corgi Chinese Internet 2x Daily ETF.\n\n Download as PDF \n\n \u22127.7% CWEB returned, 3 months \n \u22128.9% WEBX returned, 3 months \n \u22122.9 pts CWEB from its stated multiple \n \u22124.0 pts WEBX from its stated multiple \n\n ETFIQ Decay Resistance Score: CWEB scores highe","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/cweb-vs-webx","a":{"ticker":"CWEB","name":"Direxion Daily CSI China Internet Index Bull 2X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: CWEB returned \u22127.7% where its own daily promise gave \u22126.2%, 1.6 points short.","url":"https://etfiq.com/funds/cweb","key_facts":[{"label":"What KWEB did","value":"\u22122.4%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u22126.2%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u22127.7%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22121.6 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$177m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.27%","as_of":"2026-09-30","source":"485BPOS XBRL, Feb 26, 2026"}]},"b":{"ticker":"WEBX","name":"Corgi Chinese Internet 2x Daily ETF","issuer":"Corgi","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: WEBX returned \u22128.9% where its own daily promise gave \u22126.2%, 2.7 points short.","url":"https://etfiq.com/funds/webx","key_facts":[{"label":"What KWEB did","value":"\u22122.4%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u22126.2%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u22128.9%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22122.7 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$264,848","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.45%","as_of":"2026-09-30","source":"485BPOS XBRL, May 28, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/cweb-vs-webx"}