WDRWDirexion Daily Regional Banks Bear 3X Shares
WDRW Fund Description
WDRW provides inverse 3x exposure to an equally weighted index of US regional banking stocks.
WDRW Factset Analytics Insight
WDRW provides a way for investors to take a 3x bearish exposure to the S&P Regional Banks Select Industry Index. While the expense ratio associated with the fund may seem high, it’s a very standard fee compared with similarly levered funds on the market. Also consider that WDRW is designed to be a short-term trading vehicle, not a long-term investment, so trading costs will have a bigger impact than the expense ratio. The fund rebalances its levered exposure daily. As a result, compounding and path dependency make its long-term returns unpredictable compared with its underlying index.WDRW changed its underlying index from Solactive U.S. Regional Banks Total Return Index to S&P Regional Banks Select Industry Index on 12/1/2016.
WDRW CHARTS AND PERFORMANCE
WDRW Portfolio Data
WDRW Index Data
WDRW Fund Structure
WDRW Tax Exposures
WDRW Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of WDRW. WDRW is rated a N/A out of 5.