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
-
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 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