AUM $11.7MER 0.62%NAV $86.28Holdings 4Inception Jan 2019
Price Chart
Key Statistics
Previous Close
—Day Range
N/A52-Week Range
N/AAvg Volume
0Dividend Yield
—Expense Ratio
0.62%AUM
$11.7MShares Outstanding
—Sector Breakdown
| Sector | Weight % |
|---|---|
| Financial Services | 97.27% |
| Cash & Others | 2.73% |
Country Allocation
| Country | Weight % |
|---|---|
| United States | 97.27% |
| Other | 2.73% |
Fund Information
- Issuer
- Direxion
- Category
- Financial Services
- 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 Financial Services category.
Top 10 holdings represent 100.0% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | IWF | ISHARES RUSSELL 1000 GROWTH | 97.27% | 28,955 | $6.4M |
| 2 | — | RUSSELL 1000 GROWTH INDEX SWAP | 53.47% | 1,585 | $3.5M |
| 3 | — | RUSSELL 1000 VALUE INDEX SWAP | -50.74% | -2,376 | $-3332107 |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | — | |
| 1W | — | |
| 1M | — | |
| 3M | — | |
| 6M | — | |
| YTD | — | |
| 1Y | — | |
| 3Y | — | |
| 5Y | -31.70% |
Moving Averages
20-Day MA
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50-Day MA
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200-Day MA
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Price with Moving Averages
Support & Resistance
52-Week High
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Current Price
$86.03
52-Week Low
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Current Yield
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Annual Dividend
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Frequency
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Last Ex-Date
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Dividends
No dividend data available for this ETF.
Category Comparison
| Metric | RWGV | Financial Services(764 ETFs) | Large Cap(419 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.62% | 0.69% | 0.57% |
| AUM | $11.7M | $3.58B | $9.66B |
| Dividend Yield | — | 4.83% | 1.84% |
| Avg Volume | 0 | 879.6K | 469.9K |
| Holdings | 4 | 238 | 158 |
| Performance | |||
| 1-Month Return | — | -2.11% | -0.51% |
| 6-Month Return | — | +0.40% | +4.35% |
| YTD Return | — | +4.92% | +10.12% |
| 1-Year Return | — | +2.22% | +8.11% |
Compare with Another ETF
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