WDRW

Direxion Daily Regional Banks Bear 3X Shares
*Unless otherwise stated, data provided by FactSet.

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

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Select ETFs to compare their performance:
PERFORMANCE [as of 10/10/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
WDRW 6.73% 8.43% -37.56% 18.14% -34.90% -- --
WDRW (NAV) 9.30% 0.69% -39.30% 9.53% -34.60% -- --
S&P Regional Banks Select Industry -3.32% -2.90% 11.45% -11.05% 7.16% -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

WDRW Summary Data

Direxion
08/19/15
Open-Ended Fund
1.07%
$1.47M
0.57%

WDRW Portfolio Data

1.73%
12/23/19

WDRW Index Data

Equal
Committee
N/A

WDRW Fund Structure

Yes
No
No Policy
N/A
N/A
High
-3
Daily

WDRW Tax Exposures

20.00% / 39.60%
--
No
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

WDRW Factset Analytics Block Liquidity

As of 10/11/19
5
4
3
2
1

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.

WDRW Tradability

5,109
$148.84K
4,111
$131.69K
0.57%
$0.17
-0.03%
3.88% / -8.11%
None
0.00%
50,000
0.08
0.00%
--
0
$28.23
N/A