CHAU vs. BRKW

Last updated Jun 5, 2026

CHAU (Direxion Daily CSI 300 China A Share Bull 2x Shares) and BRKW (Roundhill BRKB WeeklyPay ETF) are both exchange-traded funds - CHAU is a Leveraged Equities fund tracking the CSI 300 Index (200%), while BRKW is a Derivative Income fund actively managed by Roundhill. CHAU is passively managed, while BRKW is actively managed. At a 0.06 correlation, their price movements are largely independent. CHAU charges 1.21%/yr vs 0.99%/yr for BRKW.

Performance

CHAU vs. BRKW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily CSI 300 China A Share Bull 2x Shares (CHAU) and Roundhill BRKB WeeklyPay ETF (BRKW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CHAU achieves a 16.35% return, which is significantly higher than BRKW's -6.96% return.

CHAU

• 1D: -1.18%
• 1M: 2.96%
• YTD: 16.35%
• 6M: 23.10%
• 1Y: 75.17%
• 3Y*: 13.12%
• 5Y*: -9.89%
• 10Y*: 4.49%

BRKW

• 1D: 0.87%
• 1M: 3.11%
• YTD: -6.96%
• 6M: -7.41%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CHAU vs. BRKW - Yearly Performance Comparison

	2026 (YTD)	2025
CHAU Direxion Daily CSI 300 China A Share Bull 2x Shares	16.35%	51.94%
BRKW Roundhill BRKB WeeklyPay ETF	-6.96%	2.09%

Correlation

The correlation between CHAU and BRKW is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 20, 2025	0.06

CHAU vs. BRKW - Sectors Allocation Comparison

Sectors	CHAU	BRKW
Technology	26.3%	-
Financial Services	20.4%	7.4%
Industrials	16.7%	-
Basic Materials	10.7%	-
Consumer Defensive	7.3%	-
Consumer Cyclical	6.7%	-
Healthcare	4.9%	-
Utilities	3.0%	-
Energy	2.7%	-
Communication Services	0.8%	-
Real Estate	0.5%	-

Return for Risk

CHAU vs. BRKW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CHAU

CHAU Risk / Return Rank: 72
CHAU Sharpe Ratio Rank: 70
CHAU Sortino Ratio Rank: 63
CHAU Omega Ratio Rank: 62
CHAU Calmar Ratio Rank: 87
CHAU Martin Ratio Rank: 78

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CHAU vs. BRKW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily CSI 300 China A Share Bull 2x Shares (CHAU) and Roundhill BRKB WeeklyPay ETF (BRKW). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	CHAU	BRKW	Difference
Sharpe ratio: Return per unit of total volatility	2.27	—	—
Sortino ratio: Return per unit of downside risk	2.91	—	—
Omega ratio: Gain probability vs. loss probability	1.37	—	—
Calmar ratio: Return relative to maximum drawdown	4.95	—	—
Martin ratio: Return relative to average drawdown	14.80	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	CHAU	BRKW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.27	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.21	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.10	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.07	-0.30	+0.23

Drawdowns

CHAU vs. BRKW - Drawdown Comparison

The maximum CHAU drawdown since its inception was -79.21%, which is greater than BRKW's maximum drawdown of -12.64%. Use the drawdown chart below to compare losses from any high point for CHAU and BRKW.

Drawdown Indicators

	CHAU	BRKW	Difference
Max Drawdown Largest peak-to-trough decline	-79.21%	-12.64%	-66.57%
Max Drawdown (1Y) Largest decline over 1 year	-15.27%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-59.88%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-73.69%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-78.58%	—	—
Current Drawdown Current decline from peak	-53.04%	-9.92%	-43.12%
Average Drawdown Average peak-to-trough decline	-58.90%	-5.36%	-53.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.09%	—	—

Volatility

Volatility by Period

	CHAU	BRKW	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.75%	—	—
Volatility (6M) Calculated over the trailing 6-month period	22.75%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	33.38%	17.22%	+16.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.07%	17.22%	+29.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.13%	17.22%	+29.91%

CHAU vs. BRKW - Expense Ratio Comparison

CHAU has a 1.21% expense ratio, which is higher than BRKW's 0.99% expense ratio.

Dividends

CHAU vs. BRKW - Dividend Comparison

CHAU's dividend yield for the trailing twelve months is around 1.75%, less than BRKW's 24.97% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BRKW Roundhill BRKB WeeklyPay ETF	24.97%	14.45%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CHAU Direxion Daily CSI 300 China A Share Bull 2x Shares	1.75%	1.97%	2.25%	3.97%	0.77%	1.73%	0.09%	0.58%	0.83%

Frequently Asked Questions

Can I hold both CHAU and BRKW in my portfolio?

CHAU and BRKW have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CHAU or BRKW?

On fees, BRKW is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CHAU or BRKW?

BRKW is cheaper with a 0.99% expense ratio, compared with 1.21% for CHAU.

Which ETF pays a higher dividend yield, CHAU or BRKW?

BRKW has the higher dividend yield at 24.97%, compared with 1.75% for CHAU.

What is the main difference between CHAU and BRKW?

CHAU is categorized as Leveraged Equities, while BRKW is Derivative Income. They also come from different issuers: Direxion and Roundhill. Their fees differ too: 1.21% for CHAU and 0.99% for BRKW.