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
-
1 Month
-
3 Months
-
YTD
-
1 Year
-
3 Years
-
5 Years
-
Max
-
1 Month
-
3 Months
-
YTD
-
1 Year
-
3 Years
-
5 Years
-
Max
-
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 1 out of 5.
RWVG Tradability
RWVG Sector/Industry Breakdown
RWVG
RWVG Countries
RWVG
RWVG Regions
RWVG
RWVG Economic Development
RWVG
RWVG Performance Statistics
RWVG Benchmark Comparison Summary
RWVG
RWVG Benchmark Comparison Market Cap Size
RWVG
The data and information contained herein is not intended to be investment or tax advice. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided in the ETF.com Service is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. You should not use such information for purposes of any actual transaction without consulting an investment or tax professional.
ETF.com DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT OR OTHER ACTIONS NOR SHALL ETF.com HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE, FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY ETF.com OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR ETF.com.
[ETF.com DOES NOT PROVIDE ANY RESEARCH OPINIONS.] ETF.com MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, PRODUCTS OR SERVICES CONTAINED HEREIN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
Data provider:
Terms of Use