ESNG

Direxion MSCI USA ESG - Leaders vs. Laggards ETF
*Unless otherwise stated, data provided by FactSet.

ESNG Fund Description

ESNG tracks a US return spread index with combined long exposure (150%) to the ESG leaders and short exposure (-50%) to the ESG laggards.

ESNG Factset Analytics Insight

ESNG is the first to offer exposure to both ESG leaders and laggards on a 150/50 basis. It combines a bullish view on ESG leaders — those with high ESG score determined by ESG rating and trend results and bearish view on ESG laggards — those with low ESG score. 37 different ESG issues like climate change, human capital, and product liability compose the ESG rating results. Conversely, trend results tackle the ESG rating change of a security. ESNG’s index strategy is based on the daily return spread between the ESG leaders and ESG laggards which are considered as its component indexes. Sector neutrality is considered in weighting the constituents to reflect sectors of the MSCI USA index. A 5% cap is further applied to issuers. The fund uses derivatives. Its issuer, known for geared products, should be well-versed in using them. As always, short exposure brings the drag of dividends owed to the lender. ESNG is reviewed, reconstituted, and rebalanced on a quarterly basis.

ESNG MSCI ESG Analytics Insight

Direxion MSCI USA ESG - Leaders vs. Laggards ETF has an MSCI ESG Fund Rating of AAA based on a score of 9.31 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Direxion MSCI USA ESG - Leaders vs. Laggards ETF ranks in the 100th percentile within its peer group and in the 100th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

ESNG Charts And Performance

Price Chart ($)
Total Return Chart (%)
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All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

ESNG Summary Data

Direxion
02/05/20
Open-Ended Fund
0.42%
--
$22.07K
0.34%

ESNG Portfolio Data

$173.76B
20.53
3.70
--
06/23/20
0

ESNG Index Data

MSCI USA ESG Universal Top - Bottom 150/50 Return Spread Index
Fixed
Fixed
MSCI USA IMI

ESNG Portfolio Management

0.42%
--
--
--

ESNG Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

ESNG Fund Structure

Open-Ended Fund
No
No
No Policy
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

ESNG Factset Analytics Block Liquidity

As of 05/28/20
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of ESNG. ESNG is rated a N/A out of 5.

ESNG Tradability

488
$22.07K
240
$10.63K
0.34%
$0.16
-0.18%
2.16% / -2.44%
None
--
25,000
0.01
0.04%
--
0
$49.55
N/A

ESNG Top 10 Holdings

0%

ESNG Performance Statistics

--
--
--
--
0.00%
MSCI USA IMI

ESNG MSCI ESG Ratings

9.31 / 10
100.00
99.87
6.03%
13.42%
157.31

ESNG Benchmark Comparison Holdings

0
2366
98
24.54%

ESNG Benchmark Comparison Summary


ESNG
Segment Benchmark
0
2366
$173.76B
$232.98B
20.53
19.51
3.70
2.51
2.45%
2.36%
Medium
Low

ESNG Benchmark Comparison Market Cap Size


ESNG
Segment Benchmark
92.03%
81.65%
7.68%
13.25%
0.30%
4.37%
0.00%
0.73%