RWVG - Direxion Russell 1000 Value Over Growth ETF
|Ex-Dividend Date||Dec 22, 2020|
|Trading Day||April 16|
|Day's Range||57.93 - 58.03|
|52-Week Range||36.74 - 58.28|
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 Class |
|Inception Date |
Jan 16, 2019
|Ticker Symbol |
|Index Tracked |
Russell 1000 Value/Growth 150/50 Net Spread Index
Top 10 Holdings105.32% of assets
|iShares Russell 1000 Value ETF||IWD||95.05%|
|RUSSELL 1000 VALUE INDEX SWAP||n/a||58.00%|
|DREYFUS GOVT CASH MGMT||n/a||4.53%|
|GOLDMAN FINL SQ TRSRY INST 506||n/a||0.44%|
|GOLDMAN FINL SQ TRSRY INS||n/a||0.34%|
|Russell 1000 Growth Index SWAP||n/a||-53.04%|
|Dec 22, 2020||$0.273||Dec 30, 2020|
|Jun 23, 2020||$0.328||Jun 30, 2020|
|Dec 23, 2019||$0.692||Dec 31, 2019|
|Jun 25, 2019||$0.41||Jul 2, 2019|
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...
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.
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.
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...
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...
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.
Looking back on 2019, the market had one of its best performances in years, with the equities markets collectively up more than 28%.
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.
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 ...
Overpriced growth equities could be a risk heading into the final market sessions of 2019, according to global investment firm Morgan Stanley.
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...
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...
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...
The rebound in September pushed many investors to shift into underperforming areas of the market, including exchange traded funds with a value tilt.