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 Charts And Performance

Price Chart ($)
Total Return Chart (%)
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  • 3 Months
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PERFORMANCE [as of 12/06/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
RWVG 0.81% 6.88% -- -- -- -- --
RWVG (NAV) 0.78% 6.87% -- -- -- -- --
MSCI USA Large Cap Value 2.01% 6.53% 22.72% 14.49% 10.46% 8.36% 11.39%
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
0.46%
$29.57M
$826.39K
0.05%

RWVG Portfolio Data

$125.02B
20.50
2.06
--
12/23/19
4

RWVG Index Data

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

RWVG Portfolio Management

0.46%
--
--
--

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 12/09/19
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 3 out of 5.

RWVG Tradability

14,566
$826.39K
13,737
$786.44K
0.05%
$0.03
0.00%
0.41% / -0.81%
None
100.00%
50,000
0.27
0.06%
1.75%
0
$56.83
3

RWVG Sector/Industry Breakdown


RWVG
Segment Benchmark
29.48%
23.04%
12.30%
17.06%
9.85%
7.37%
9.54%
13.72%
9.33%
7.87%
8.24%
8.37%
6.77%
5.86%
6.17%
9.97%
4.17%
1.99%
4.15%
4.76%

RWVG Top 10 Holdings

3.26%
1.88%
0.19%
100%

RWVG Countries


RWVG
Segment Benchmark
100.00%
100.00%

RWVG Regions


RWVG
Segment Benchmark
100.00%
100.00%

RWVG Economic Development


RWVG
Segment Benchmark
100.00%
100.00%

RWVG Performance Statistics

0.89
0.97
0.96
0.93
0.23%
MSCI USA Large Cap Value

RWVG Benchmark Comparison Holdings

4
186
173
65.79%

RWVG Benchmark Comparison Summary


RWVG
Segment Benchmark
4
186
$125.02B
$151.87B
20.50
18.85
2.06
2.38
2.50%
2.85%
Low
Low

RWVG Benchmark Comparison Market Cap Size


RWVG
Segment Benchmark
84.04%
99.78%
15.45%
0.22%
0.51%
0.00%
0.01%
0.00%