AUM$11.7M
Expense Ratio0.62%
NAV$86.28
Holdings4
InceptionJan 16, 2019
Price Chart
Key Statistics
Previous Close
N/ADay Range
N/A52-Week Range
N/AAvg Volume
N/ADividend Yield
N/AExpense Ratio
0.62%AUM
$11.7MShares Outstanding
N/ASector Breakdown
| Sector | Weight % |
|---|---|
| Technology | 40.12% |
| Consumer Cyclical | 16.41% |
| Healthcare | 11.24% |
| Communication Services | 7.62% |
| Industrials | 7.57% |
| Financial Services | 6.38% |
| Consumer Defensive | 6.12% |
| Real Estate | 1.70% |
| Energy | 1.58% |
| Basic Materials | 1.21% |
| Utilities | 0.06% |
Country Allocation
| Country | Weight % |
|---|---|
| United States | 97.27% |
| Other | 2.73% |
Fund Information
- Issuer
- Direxion
- Category
- Technology
- Inception Date
- Jan 16, 2019
- Description
- The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in securities that comprise the Long Component of the index or shares of exchange-traded funds ("ETFs") on the Long Component of the index. The index measures the performance of a portfolio that has 150% long exposure to the Russell 1000 Growth Index (the "Long Component") and 50% short exposure to the Russell 1000 Value Index (the "Short Component"). The fund is non-diversified.
Similar ETFs
The Direxion Russell 1000 Growth Over Value ETF (RWGV) is an exchange-traded fund issued by Direxion that launched on Jan 16, 2019. It currently manages $11.7M in assets under management. The fund charges an expense ratio of 0.62%. The fund holds 4 securities in its portfolio. It falls under the Technology category.
Top 10 holdings represent 100.0% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | IWF | ISHARES RUSSELL 1000 GROWTH | 48.28% | 28,955 | $6.4M |
| 2 | — | RUSSELL 1000 GROWTH INDEX SWAP | 26.54% | 1,585 | $3.5M |
| 3 | — | RUSSELL 1000 VALUE INDEX SWAP | 25.18% | -2,376 | $-3332107 |
Detailed Returns
| Period | Return | ETF | Cat. Avg | vs Avg |
|---|---|---|---|---|
| 1D | N/A | — | ||
| 1W | N/A | — | ||
| 1M | N/A | — | ||
| 3M | N/A | — | ||
| 6M | N/A | — | ||
| YTD | N/A | — | ||
| 1Y | N/A | — | ||
| 3Y | N/A | — | ||
| 5Y | -13.65% | — |
Moving Averages
20-Day MA
N/A
50-Day MA
N/A
200-Day MA
N/A
Price with Moving Averages
Support & Resistance
52-Week High
N/A
Current Price
N/A
52-Week Low
N/A
Current Yield
N/A
Annual Dividend
N/A
Frequency
N/A
Last Ex-Date
N/A
Dividends
No dividend data available for this ETF.
Category Comparison
| Metric | RWGV | Technology(1413 ETFs) | Large Cap(419 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.62% | 0.67% | 0.56% |
| AUM | $11.7M | $6.78B | $8.14B |
| Dividend Yield | — | 2.83% | 1.54% |
| Avg Volume | N/A | 1.1M | 896.3K |
| Holdings | 4 | 202 | 149 |
| Performance | |||
| 1-Month Return | — | -3.56% | -3.67% |
| 6-Month Return | — | +1.80% | +1.35% |
| YTD Return | — | -1.20% | -1.38% |
| 1-Year Return | — | +18.42% | +16.43% |
Compare with Another ETF
Search for an ETF to compare with RWGV: