RWDE

Direxion MSCI Developed Over Emerging Markets ETF
*Unless otherwise stated, data provided by FactSet.

RWDE 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

This Fund is Closing. The Last day of Trading is September 25, 2020. 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 MSCI ESG Analytics Insight

Direxion MSCI Developed Over Emerging Markets ETF has an MSCI ESG Fund Rating of A based on a score of 6.95 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 Developed Over Emerging Markets ETF ranks in the 82nd percentile within its peer group and in the 96th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

RWDE Charts And Performance

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
Compare
Reset
Select ETFs to compare their performance:
PERFORMANCE [as of 09/24/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
RWDE -1.86% -0.42% -10.48% -4.71% -- -- --
RWDE (NAV) -3.23% 2.78% -10.53% -4.65% -- -- --
MSCI World ex USA IMI -3.76% 3.50% -8.30% -1.30% 0.16% 5.32% 4.50%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

RWDE Summary Data

Direxion
01/16/19
Open-Ended Fund
0.53%
$6.42M
$2.96K
0.22%

RWDE Portfolio Data

$55.89B
24.74
1.45
2.28%
09/22/20
2

RWDE Index Data

MSCI EAFE IMI - EMERGING MARKETS IMI 150/50 RETURN SPREAD INDEX
Fixed
Fixed
MSCI World ex USA IMI

RWDE Portfolio Management

0.53%
--
--
--

RWDE Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

RWDE Fund Structure

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

RWDE Factset Analytics Block Liquidity

As of 09/25/20
5
4
3
2
1

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

58
$2.96K
0
0
0.22%
$0.12
-0.02%
0.56% / -0.78%
None
--
50,000
0
--
0.63%
0
$51.41
4

RWDE Sector/Industry Breakdown


RWDE
Segment Benchmark
19.57%
20.57%
15.97%
15.43%
13.21%
12.09%
12.10%
11.29%
11.44%
10.87%
9.08%
9.27%
7.78%
8.67%
3.75%
3.83%
3.62%
3.55%
3.48%
4.41%

RWDE Top 10 Holdings

11.99%
100%

RWDE Countries


RWDE
Segment Benchmark
25.25%
22.91%
14.78%
13.43%
9.77%
8.86%
9.67%
8.80%
8.98%
8.13%
6.89%
6.28%
4.21%
3.82%
3.85%
3.46%
3.01%
2.73%
2.42%
2.17%

RWDE Regions


RWDE
Segment Benchmark
62.08%
56.36%
36.86%
33.48%
0.56%
0.51%
0.49%
9.65%

RWDE Economic Development


RWDE
Segment Benchmark
100.00%
100.00%

RWDE Performance Statistics

0.65
1.06
1.05
1.18
1.10%
MSCI World ex USA IMI

RWDE MSCI ESG Ratings

6.95 / 10
95.87
81.62
8.52%
6.30%
134.35

RWDE Benchmark Comparison Holdings

2
3474
2,479
88.62%

RWDE Benchmark Comparison Summary


RWDE
Segment Benchmark
2
3474
$55.89B
$54.49B
24.74
25.08
1.45
1.48
3.13%
3.13%
Low
Low

RWDE Benchmark Comparison Market Cap Size


RWDE
Segment Benchmark
68.60%
69.08%
22.79%
22.11%
7.93%
7.65%
0.68%
1.16%