RWDE
Direxion MSCI Developed Over Emerging Markets ETFRWDE Fund Description
RWDE tracks an index of large-, mid-, and small-cap global equity, ex-US. The index holds leveraged (1.5x) exposure to developed-market stocks and short (-0.5x) exposure to emerging-market stocks.
RWDE Factset Analytics Insight
RWDE combines a bullish view on developed markets with a bearish view on emerging economies. The index provides moderately leveraged (150%) exposure to developed countries, represented by MSCI’s EAFE Index. This is paired with a partial short (-50%) position in the MSCI Emerging Markets Index. On net, RWDE provides unleveraged (100%) equity exposure after each monthly reset, though this can drift somewhat between resets. The fund uses derivatives to implement its strategy. As always, short exposure brings the drag of dividends that are owed to the lender.
RWDE CHARTS AND PERFORMANCE
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1 Month
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3 Months
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1 Year
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3 Years
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5 Years
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1 Month
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3 Months
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1 Year
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3 Years
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5 Years
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RWDE Summary Data
RWDE Portfolio Data
RWDE Index Data
RWDE Portfolio Management
RWDE Tax Exposures
RWDE Fund Structure
RWDE Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of RWDE. RWDE is rated a 4 out of 5.
RWDE Tradability
RWDE Sector/Industry Breakdown
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RWDE Countries
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RWDE Regions
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RWDE Economic Development
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RWDE Performance Statistics
RWDE BENCHMARK COMPARISON SUMMARY
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RWDE BENCHMARK COMPARISON MARKET CAP SIZE
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