RWVG
Direxion Russell 1000 Value Over Growth ETFRWVG Fund Description
RWVG tracks an index of US large-caps with leveraged (1.5x) exposure to value stocks and short (-0.5x) exposure to growth stocks.
RWVG Factset Analytics Insight
RWVG combines a bullish view on value and a somewhat bearish view on growth among US large caps. The means: an index with slightly leveraged exposure to Russell 1000 value stocks (150%) coupled with partial short exposure to Russell 1000 growth 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 value traits and shorting those with strong growth 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, mitigated in the growth space. Still, RWVG could appeal to investors looking for more value impact than what’s found in “pure” style funds.
RWVG CHARTS AND PERFORMANCE
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RWVG Top 10 Countries
RWVG Top 10 Sectors
RWVG Top 10 Holdings
RWVG Summary Data
RWVG Portfolio Data
RWVG Index Data
RWVG Portfolio Management
RWVG Tax Exposures
RWVG Fund Structure
RWVG Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of RWVG. RWVG is rated a 3 out of 5.
RWVG Tradability
RWVG Sector/Industry Breakdown
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RWVG Countries
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RWVG Regions
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RWVG Economic Development
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RWVG Performance Statistics
RWVG BENCHMARK COMPARISON SUMMARY
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RWVG BENCHMARK COMPARISON MARKET CAP SIZE
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