RUSL
Direxion Daily Russia Bull 3x SharesRUSL Fund Description
The Direxion Daily Russia Bull ETF provides daily 3x exposure to a market-cap-weighted index of Russian companies.
RUSL Factset Analytics Insight
RUSL is a highly leveraged bullish bet on Russian equities. It attempts to return 3x the daily performance of the Market Vectors Russia Index, the same index tracked by the popular Russia ETF, the Market Vectors Russia ETF (RSX). The fund's underlying cap-weighted index is one of the most comprehensive Russia indexes around, inclusive of Russian companies, regardless of where they're domiciled or traded. It might underweight the energy sector slightly relative to our benchmark, but it's still a solid take on the market. RUSL, which gets its leveraged exposure through swap agreements with multiple counterparties, rebalances its leverage on a daily basis, so the fund is meant to be a short-term trading vehicle. Holding RUSL for longer periods will expose the investor to compounding effects of the daily rebalance. The fund's fee isn't cheap, but trading costs matter more for this tactical product. RUSL does okay on this front, but isn't amazing: volume is solid, but spreads can be wide at times.
RUSL CHARTS AND PERFORMANCE
-
1 Month
-
3 Months
-
YTD
-
1 Year
-
3 Years
-
5 Years
-
Max
RUSL Summary Data
RUSL Portfolio Data
RUSL Fund Structure
RUSL Tax Exposures
RUSL Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of RUSL. RUSL is rated a 5 out of 5.
RUSL Tradability
The data and information contained herein is not intended to be investment or tax advice. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided in the ETF.com Service is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. You should not use such information for purposes of any actual transaction without consulting an investment or tax professional.
ETF.com DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT OR OTHER ACTIONS NOR SHALL ETF.com HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE, FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY ETF.com OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR ETF.com.
[ETF.com DOES NOT PROVIDE ANY RESEARCH OPINIONS.] ETF.com MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, PRODUCTS OR SERVICES CONTAINED HEREIN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
Data provider:
Terms of Use