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Direxion Russell 1000 Value Over Growth ETF (RWVG)

NYSEARCA: RWVG · IEX Real-Time Price · USD
59.39 -0.13 (-0.22%)
Oct 25, 2021 4:00 PM EDT - Market closed
Assets$33.85M
NAV$59.39
Expense Ratio0.65%
PE Ratio19.64
Shares Out570,000
Dividend (ttm)$0.57
Dividend Yield0.96%
Ex-Dividend DateJun 22, 2021
1-Year Return
-
Volume2,701
Open59.65
Previous Close59.52
Day's Range59.39 - 59.62
52-Week Low40.40
52-Week High62.09
Beta1.11
Holdings6
Inception DateJan 16, 2019

About RWVG

The investment seeks investment results, before fees and expenses, that track the Russell 1000® Value/Growth 150/50 Net Spread Index (the index). The index measures the performance of a portfolio that has 150% long exposure to the Russell 1000® Value Index (the Long Component) and 50% short exposure to the Russell 1000® Growth Index (the Short Component). The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in securities that comprise the Long Component of the index or shares of exchange-traded funds ("ETFs") that track the Long Component of the index. The fund is non-diversified.

Asset ClassEquity
RegionNorth America
IssuerDirexion Investments
Stock ExchangeNYSEARCA
Ticker SymbolRWVG
Index TrackedRussell 1000 Value/Growth 150/50 Net Spread Index

Dividends

Ex-DividendAmountPay Date
Jun 22, 2021$0.29598Jun 29, 2021
Dec 22, 2020$0.27339Dec 30, 2020
Jun 23, 2020$0.32812Jun 30, 2020
Dec 23, 2019$0.69164Dec 31, 2019
Jun 25, 2019$0.4104Jul 2, 2019
Full Dividend History

News

Tactical ETF Tools to Help Traders Better Manage Market Exposure

As we consider the road ahead for U.S. markets, investors can turn to tactical exchange traded fund tools to capitalize on the potential market shifts. In the recent webcast, Q4 Fall Back or Ramp Up?

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2 weeks ago - ETF Trends

Wager on a Value Resurgence With This ETF

Chatter is increasing that the value factor could finally be ready to make a run at growth. While it remains to be seen just how credible that run will be, the Direxion Russell 1000 Value Over Growth ET...

1 year ago - ETF Trends

This Value ETF Could Finally Have Its Day

It's been a while since value stocks beat their growth rivals. In fact, the once-beloved value factor has mostly lagged growth, and by wide margins, over the past decade-plus.

1 year ago - Benzinga

A Value Investing Strategy Requires These 4 Things

The growth-fueled bull market may have had value investors scratching their heads wondering when their vaunted strategy would once again come to the fore.

1 year ago - ETF Trends

This Recession Signal Could Set Up Trade for Value

As Treasury yields fall to new lows, an inverted yield curve, which can indicate that a recession could be forthcoming, is reentering the current financial vernacular once again and sparking fears in th...

1 year ago - ETF Trends

Don’t Expect a Sharp Shift to Value Just Yet

With the coronavirus showing its tangible effects on the announcement of Apple struggling to meet its revenue projections for the fiscal second quarter due to weakened sales in China, a sharp shift to v...

1 year ago - ETF Trends

5 Unusual ETFs to Wrap Your Head Around

Unusual ETFs have potential, but investors should stay away from the complex and focus on tangible investment ideas.

Other symbols:HOMZSNSRUFOXRLV
1 year ago - InvestorPlace

Is Value the Best Option as Earnings Season is Underway?

Financial giant J.P. Morgan kicked off earnings season with a bang after it crushed analyst expectations with a strong showing from its trading operations in the fourth quarter.

1 year ago - ETF Trends

Direxion Head Of Product Discusses The Growth And Value Debate For Stocks

Looking back on 2019, the market had one of its best performances in years, with the equities markets collectively up more than 28%.

Other symbols:RWGV
1 year ago - ETF Trends

Is an Overvaluation in Growth Allowing Opportunities for Value Investors?

A persisting story in the extended bull run is whether growth stocks have performed their swan song and value is ready to take the lead.

1 year ago - ETF Trends

Relative Weight ETFs Help Investors Better Navigate Macro Themes

The markets, at times, exhibit uneven performances, and investors have been able to capitalize on the disparate returns in varying segments through ETFs that incorporate a relative weight strategy. “It ...

Other symbols:RWGV
1 year ago - ETF Trends

Are Growth Equities Too Risky in the Current Market Environment?

Overpriced growth equities could be a risk heading into the final market sessions of 2019, according to global investment firm Morgan Stanley.

1 year ago - ETF Trends

Investor Appetite for International Equities Increased in October

In Direxion Investments’ latest Relative Weight Spotlight, investors looked to add more international exposure as ETFs from abroad took in more capital in the month of October. Additionally, value and c...

Other symbols:RWGV
1 year ago - ETF Trends

Look to Health Care as the Growth-Value Battle Rages On

Like crosstown rivals in sports, growth and value have been duking it out for factor investing supremacy in the extended bull run. One specific sector, however, should be on investors’ radars as the gro...

Other symbols:RWGV
1 year ago - ETF Trends

Look for More Strength in Value Equities Through 2019

Costs continue to be a key driver when it comes to investors’ decisions on where to allocate their capital. As such, value equities could be seeing more strength through the rest of 2019 and it eked pas...

Other symbols:MTUMRWGVVLUE
1 year ago - ETF Trends

Investors Are Beginning to Take a Shine to Value ETFs

The rebound in September pushed many investors to shift into underperforming areas of the market, including exchange traded funds with a value tilt.

Other symbols:IWDSPYVVTV
2 years ago - ETF Trends