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
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
-
1 Month
-
3 Months
-
YTD
-
1 Year
-
3 Years
-
5 Years
-
Max
-
1 Month
-
3 Months
-
YTD
-
1 Year
-
3 Years
-
5 Years
-
Max
-
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
RWDE
RWDE Countries
RWDE
RWDE Regions
RWDE
RWDE Economic Development
RWDE
RWDE Performance Statistics
RWDE MSCI ESG Ratings
RWDE Benchmark Comparison Summary
RWDE
RWDE Benchmark Comparison Market Cap Size
RWDE
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
MSCI ESG Research LLC’s ("MSCI ESG") Fund Metrics products (the "Information") provide environmental, social and governance data with respect to underlying securities within more than 24,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided "as is" and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.