Direxion Daily CSI 300 China A Share Bull 2X… (CHAU) Performance
CHAU total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −17.4% since Dec 31, 2025
- 1 year
- −14.0% total return
- 5 years
- −13.8% a year
- 10 years
- +0.5% a year
- Since first price
- −6.7% a year since 2015
CHAU trailing returns vs SPY, QQQ, AGG
| Period | CHAU total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −16.7% | −16.7% | −1.0% | −5.0% | +0.9% |
| 3 months | −22.9% | −23.3% | +3.2% | +1.9% | −0.4% |
| 6 months | −25.4% | −26.1% | +7.8% | +8.4% | −1.5% |
| YTD | −17.4% | −18.6% | +12.3% | +15.1% | −1.0% |
| 1 year | −14.0% | −15.8% | +14.4% | +15.9% | −1.1% |
| 3 years | +31.0%+9.4%/yr | +20.9% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | −52.3%−13.8%/yr | −57.7% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +5.2%+0.5%/yr | −8.2% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionApr 16, 2015 | −55.0%−6.7%/yr | −60.7% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: CHAU vs SPY
From Apr 16, 2015: CHAU grew to $4,498, SPY to $43,649.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
CHAU returns by calendar year
5 of 10 full years positive. Best 2017 (+74.9%), worst 2018 (−51.0%). 2026 is year to date.
CHAU annual returns table
| Year | CHAU | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −17.4% | −34.8% | +12.3% | +15.1% | −1.0% |
| 2025 | +47.7% | −30.1% | +17.7% | +20.8% | +7.2% |
| 2024 | +6.6% | −47.9% | +24.9% | +25.6% | +1.3% |
| 2023 | −28.3% | −50.4% | +26.2% | +54.9% | +5.7% |
| 2022 | −49.2% | −62.0% | −18.2% | −32.6% | −13.0% |
| 2021 | −2.8% | −38.2% | +28.7% | +27.4% | −1.8% |
| 2020 | +72.0% | −39.0% | +18.3% | +48.6% | +7.5% |
| 2019 | +70.0% | −33.5% | +31.2% | +39.0% | +8.5% |
| 2018 | −51.0% | −62.0% | −4.6% | −0.1% | +0.1% |
| 2017 | +74.9% | −13.7% | +21.7% | +32.7% | +3.6% |
| 2016 | −26.9% | −32.8% | +12.0% | +7.1% | +2.4% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
CHAU largest drawdowns
Now 66.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jun 12, 2015 | −79.2% | Feb 2, 2024 | not yet | 8.6 years | 11.4 years so far |
| May 4, 2015 | −14.2% | May 7, 2015 | May 21, 2015 | 3 days | 17 days |
| May 26, 2015 | −13.5% | May 29, 2015 | Jun 8, 2015 | 3 days | 13 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
CHAU risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2015 |
|---|---|---|---|---|
| Annualized return | +8.9% | −10.5% | +1.9% | −6.3% |
| Volatility (annualized) | 39.1% | 44.5% | 42.8% | 45.6% |
| Sharpe ratio | 0.28 | -0.12 | 0.20 | 0.04 |
| Sortino ratio | 0.56 | -0.20 | 0.31 | 0.06 |
| Best month | +45.0% | +45.0% | +45.0% | +45.0% |
| Worst month | −14.8% | −20.5% | −21.3% | −37.1% |
| Best 12 months | +82.1% | +82.1% | +144.4% | +144.4% |
| Worst 12 months | −5.2% | −60.8% | −60.8% | −63.3% |
| Positive months | 47% | 43% | 50% | 50% |
| Beta vs S&P 500 | 0.89 | 0.71 | 0.99 | — |
| Correlation with S&P 500 | 0.28 | 0.25 | 0.36 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
CHAU rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 127 | −63.3% | +4.7% | +144.4% | 54% |
| 3-year (a year) | 103 | −34.3% | +2.2% | +41.6% | 58% |
| 5-year (a year) | 79 | −16.7% | −4.8% | +25.7% | 34% |
| 10-year (a year) | 19 | −11.0% | +2.1% | +5.8% | 79% |
Every holding period starting at a month-end since 2015. Returns for 3 years and longer are annualized.
CHAU performance overview
Direxion Daily CSI 300 China A Share Bull 2X… (CHAU) returned −14.0% over the past year and +0.5% a year over ten years, with distributions reinvested. Since its first recorded price in 2015 it has returned −6.7% a year, turning $10,000 into about $4,498. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −79.2%, from Jun 12, 2015 to Feb 2, 2024; the fund has not yet regained that high. CHAU finished 5 of its 10 full calendar years with a gain; the best year was 2017 (+74.9%) and the worst 2018 (−51.0%). Volatility has been 45.6% a year.
Related: CHAU chart, CHAU dividends. See the CHAU overview for the latest quote and fund facts.
CHAU performance FAQ
What is the CHAU return over the past year?
CHAU returned −14.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 15.8%.
What is the average annual return of CHAU?
CHAU has returned −13.8% a year over 5 years, +0.5% a year over 10 years, −6.7% a year since April 16, 2015 (total return, distributions reinvested).
How much would $10,000 invested in CHAU be worth?
$10,000 invested in CHAU at its first recorded close on April 16, 2015 would be worth about $4,498 on October 23, 2026 with distributions reinvested.
What was the worst year for CHAU?
The worst calendar year was 2018, with a total return of −51.0%. The best was 2017 at +74.9%.
What is the biggest drawdown of CHAU?
The largest peak-to-trough decline was −79.2% between June 12, 2015 and February 2, 2024. It has not yet recovered to that high; it is 66.7% below its peak.
How volatile is CHAU?
Over the past 3 years CHAU had an annualized volatility of 39.1% and a Sharpe ratio of 0.28 (excess return over 1–3 month T-bills per unit of risk).