RWVG

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

RWVG 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 MSCI ESG Analytics Insight

Direxion Russell 1000 Value Over Growth ETF has an MSCI ESG Fund Rating of A based on a score of 5.76 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 Value Over Growth ETF ranks in the 47th percentile within its peer group and in the 73th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

RWVG Charts And Performance

Price Chart ($)
Total Return Chart (%)
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PERFORMANCE [as of 01/15/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
RWVG 5.03% 19.68% 4.75% -7.68% -- -- --
RWVG (NAV) 5.03% 19.55% 4.79% -7.68% -- -- --
MSCI USA Large Cap Value 3.45% 12.05% 2.26% 2.58% 5.37% 11.81% 10.31%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

RWVG Summary Data

Direxion
01/16/19
Open-Ended Fund
0.64%
$29.96M
$652.54K
0.11%

RWVG Portfolio Data

$131.52B
39.41
2.35
1.17%
N/A
829

RWVG Index Data

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

RWVG Portfolio Management

0.64%
--
--
--

RWVG Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

RWVG 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 -

RWVG Factset Analytics Block Liquidity

As of 01/19/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of RWVG. RWVG is rated a N/A out of 5.

RWVG Tradability

13,424
$652.54K
3,721
$180.21K
0.11%
$0.05
0.00%
1.22% / -1.59%
None
100.00%
50,000
0.07
--
--
0
$51.49
N/A

RWVG Sector/Industry Breakdown


RWVG
Segment Benchmark
24.17%
20.26%
13.69%
12.46%
13.29%
18.94%
12.08%
8.60%
10.74%
11.51%
8.10%
12.53%
5.65%
5.20%
4.60%
2.86%
4.37%
4.01%
3.32%
3.62%

RWVG Top 10 Holdings

1.87%
0.57%
0.50%
100.00%

RWVG Countries


RWVG
Segment Benchmark
100.00%
99.90%
--
0.10%

RWVG Regions


RWVG
Segment Benchmark
100.00%
100.00%

RWVG Economic Development


RWVG
Segment Benchmark
100.00%
100.00%

RWVG Performance Statistics

0.93
1.12
1.06
1.08
0.71%
MSCI USA Large Cap Value

RWVG MSCI ESG Ratings

5.76 / 10
72.97
46.74
11.14%
4.02%
255.43

RWVG Benchmark Comparison Holdings

829
204
195
66.05%

RWVG Benchmark Comparison Summary


RWVG
Segment Benchmark
829
204
$131.52B
$156.09B
39.41
26.40
2.35
2.70
2.31%
2.61%
Low
Low

RWVG Benchmark Comparison Market Cap Size


RWVG
Segment Benchmark
86.54%
100.00%
13.13%
0.00%
0.33%
0.00%
0.00%
0.00%