AUM$14.2M
Expense Ratio0.63%
NAV$53.38
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
0.63%AUM
$14.2MShares Outstanding
N/ASector Breakdown
| Sector | Weight % |
|---|---|
| Financial Services | 20.05% |
| Healthcare | 16.37% |
| Industrials | 10.20% |
| Technology | 8.71% |
| Communication Services | 8.37% |
| Energy | 7.93% |
| Consumer Defensive | 7.33% |
| Utilities | 6.08% |
| Consumer Cyclical | 6.05% |
| Real Estate | 5.23% |
| Basic Materials | 3.67% |
| Cash & Others | 0.01% |
Country Allocation
| Country | Weight % |
|---|---|
| United States | 97.14% |
| Other | 2.86% |
Fund Information
- Issuer
- Direxion
- Category
- Financial Services
- Inception Date
- Jan 16, 2019
- Description
- The index measures the performance of a portfolio that has 150% long exposure to the Russell 1000 Value Index (the "Long Component") and 50% short exposure to the Russell 1000 Growth Index (the "Short Component"). 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”) that track the Long Component of the index. The fund is non-diversified.
Similar ETFs
The Direxion Russell 1000 Value Over Growth ETF (RWVG) is an exchange-traded fund issued by Direxion that launched on Jan 16, 2019. It currently manages $14.2M in assets under management. The fund charges an expense ratio of 0.63%. 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 | IWD | ISHARES RUSSELL 1000 VALUE INDEX FUND | 48.95% | 74,028 | $10.6M |
| 2 | — | RUSSELL 1000 VALUE INDEX SWAP | 26.25% | 4,050 | $5.7M |
| 3 | — | RUSSELL 1000 GROWTH INDEX SWAP | 24.81% | -2,423 | $-5368330 |
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 | -5.51% | — |
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 | RWVG | Financial Services(780 ETFs) | Large Cap(419 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.63% | 0.67% | 0.56% |
| AUM | $14.2M | $3.06B | $8.14B |
| Dividend Yield | — | 4.52% | 1.54% |
| Avg Volume | N/A | 1.4M | 896.3K |
| Holdings | 4 | 277 | 149 |
| Performance | |||
| 1-Month Return | — | -5.00% | -3.67% |
| 6-Month Return | — | +1.78% | +1.35% |
| YTD Return | — | +0.12% | -1.38% |
| 1-Year Return | — | +14.85% | +16.43% |
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