RWGV

Direxion Russell 1000 Growth Over Value ETF
*Unless otherwise stated, data provided by FactSet.

RWGV Fund Description

RWGV tracks an index of US large-caps with leveraged (1.5x) exposure to growth stocks and short (-0.5x) exposure to value stocks.

RWGV Factset Analytics Insight

RWGV combines a bullish view on growth and a somewhat bearish view on value among US large caps. The means: an index with slightly leveraged exposure to Russell 1000 growth stocks (150%) coupled with partial short exposure to Russell 1000 value stocks (-50%). It resets monthly to this net 1x exposure. In Russell style indexes, middling stocks split their weights across value and growth. In RWVG, the effect would tend to offset for middling stocks while overweighting stocks with strong growth traits and shorting those with strong value traits. Expect sector biases to follow suit. The fund uses derivatives. Its issuer, known for geared products, should be well-versed in using them. As always, short exposure brings the drag of dividends owed to the lender. Still, RWGV could appeal to investors looking for more growth impact than what’s found in pure style funds.

RWGV MSCI ESG Analytics Insight

Direxion Russell 1000 Growth Over Value ETF has an MSCI ESG Fund Rating of A based on a score of 6.75 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 Russell 1000 Growth Over Value ETF ranks in the 77th percentile within its peer group and in the 78th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

RWGV Charts And Performance

Price Chart ($)
Total Return Chart (%)
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PERFORMANCE [as of 09/24/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
RWGV -6.24% 9.54% 37.33% 52.22% -- -- --
RWGV (NAV) -5.64% 12.68% 38.19% 55.17% -- -- --
MSCI USA Large Cap Growth Index -5.91% 10.43% 22.87% 37.29% 22.12% 19.78% 17.58%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

RWGV Summary Data

Direxion
01/16/19
Open-Ended Fund
0.63%
$31.93M
$1.40M
0.10%
N/A

RWGV Portfolio Data

$644.08B
41.83
11.95
0.35%
09/22/20
3

RWGV Index Data

Russell 1000 Growth/Value 150/50 Net Spread Index
Fixed
Fixed
MSCI USA Large Cap Growth Index

RWGV Portfolio Management

0.63%
--
--
--

RWGV Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

RWGV Fund Structure

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

RWGV 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 RWGV. RWGV is rated a 4 out of 5.

RWGV Tradability

14,656
$1.40M
6,409
$610.76K
0.10%
$0.09
-0.01%
1.01% / -3.40%
None
--
50,000
0.13
--
1.62%
0
$91.62
4

RWGV Sector/Industry Breakdown


RWGV
Segment Benchmark
54.64%
57.06%
17.38%
18.08%
14.23%
12.80%
5.44%
5.73%
4.17%
1.74%
3.09%
3.00%
0.81%
1.08%
0.17%
0.04%
0.06%
0.42%
0.02%
0.07%

RWGV Top 10 Holdings

0.41%
0.25%
100%

RWGV Countries


RWGV
Segment Benchmark
100.00%
99.88%
--
0.12%

RWGV Regions


RWGV
Segment Benchmark
100.00%
100.00%

RWGV Economic Development


RWGV
Segment Benchmark
100.00%
100.00%

RWGV Performance Statistics

0.96
1.01
0.99
0.95
0.43%
MSCI USA Large Cap Growth Index

RWGV MSCI ESG Ratings

6.75 / 10
77.69
77.29
8.80%
7.24%
31.28

RWGV Benchmark Comparison Holdings

3
132
110
75.16%

RWGV Benchmark Comparison Summary


RWGV
Segment Benchmark
3
132
$644.08B
$742.05B
41.83
40.82
11.95
11.07
0.84%
0.67%
Medium
High

RWGV Benchmark Comparison Market Cap Size


RWGV
Segment Benchmark
94.60%
100.00%
5.32%
0.00%
0.07%
0.00%
0.00%
0.00%