RWSL

Direxion Russell Small Over Large Cap ETF
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68
*Unless otherwise stated, data provided by FactSet.

RWSL Fund Description

RWSL tracks an index of leveraged (1.5x) exposure to US small-caps with short (-0.5x) exposure to US large-caps.

RWSL Factset Analytics Insight

RWSL combines a bullish view on US small-caps and a somewhat bearish view on US large-caps. The means: an index with slightly leveraged exposure to the Russell 2000 (- (150%) coupled with partial short exposure to the Russell 1000 (-50%). It resets monthly to this net 1x exposure. The Russell 1000 reaches further down the size spectrum than most large-cap indexes, so midcaps will be muted too in RWSL. Note that the “size factor” in academic literature is typically small minus big, which aligns with RWSL’s clear thesis. 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. In all, RWSL offers a well-defined tool for investors confident in small-cap outperformance over blue chips.

RWSL 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 08/19/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
RWSL -4.68% -6.56% -- -- -- -- --
RWSL (NAV) -2.78% -4.00% -- -- -- -- --
MSCI USA Small Cap Index -2.19% -0.21% 15.78% -5.37% 9.64% 7.71% 13.44%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

RWSL Summary Data

Direxion
01/16/19
Open-Ended Fund
0.47%
$14.95M
$20.74K
0.11%

RWSL Portfolio Data

$2.25B
108.61
2.07
--
N/A
3

RWSL Index Data

Russell 2000/Russell 1000 150/50 Net Spread Index
Fixed
Fixed
MSCI USA Small Cap Index

RWSL Portfolio Management

0.47%
--
--
--

RWSL Tax Exposures

20.00% / 39.60%
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Qualified dividends
No

RWSL Fund Structure

Open-Ended Fund
Yes
Yes
No Policy
N/A
N/A
High
Daily
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

RWSL Factset Analytics Block Liquidity

As of 08/20/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of RWSL. RWSL is rated a 4 out of 5.

RWSL Tradability

385
$20.74K
500
$25.89K
0.11%
$0.06
-0.01%
0.27% / -0.23%
None
100.00%
50,000
0.01
0.20%
0.09%
--
$50.29
4

RWSL Sector/Industry Breakdown


RWSL
Segment Benchmark
25.38%
25.93%
16.73%
13.76%
15.03%
14.54%
13.22%
15.19%
12.31%
12.85%
4.45%
4.00%
4.25%
5.58%
3.79%
3.01%
3.69%
4.22%
1.16%
0.92%

RWSL TOP 10 HOLDINGS

4.14%
3.09%
100%

RWSL Countries


RWSL
Segment Benchmark
99.89%
100.00%
0.11%
--

RWSL Regions


RWSL
Segment Benchmark
100.00%
100.00%

RWSL Economic Development


RWSL
Segment Benchmark
100.00%
100.00%

RWSL Performance Statistics

0.95
1.22
1.23
1.15
0.36%
MSCI USA Small Cap Index

RWSL BENCHMARK COMPARISON HOLDINGS

3
1803
1,420
53.54%

RWSL BENCHMARK COMPARISON SUMMARY


RWSL
Segment Benchmark
3
1803
$2.25B
$3.96B
108.61
41.11
2.07
2.23
1.45%
1.58%
Low
Low

RWSL BENCHMARK COMPARISON MARKET CAP SIZE


RWSL
Segment Benchmark
0.06%
0.03%
33.42%
62.81%
56.07%
33.87%
10.45%
3.28%