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Trending ETFs

Direxion MSCI Defensives Over Cyclicals ETF

etf
RWDC
Dividend policy
Active
Price as of:
$47.02 +0.0 +0%
primary theme
N/A
RWDC (ETF)

Direxion MSCI Defensives Over Cyclicals ETF

Dividend policy
Active
Price as of:
$47.02 +0.0 +0%
primary theme
N/A
RWDC (ETF)
Direxion MSCI Defensives Over Cyclicals ETF
Dividend policy
Active
Price as of:
$47.02 +0.0 +0%
primary theme
N/A

RWDC - Snapshot

Vitals

  • YTD Return -13.6%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $7.3 M
  • Holdings in Top 10 N/A

52 WEEK LOW AND HIGH

$47.02
$38.26
$54.91

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.66%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 6.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Theme N/A
  • Fund Type Exchange Traded Fund
  • Investment Style Consumer Defensive

Compare RWDC to Popular Funds

Overview

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Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$153.18

+1.02%

$343.34 B

1.29%

$1.95

blocked
blocked
blocked

17.68%

0.02%

$11.40

-0.18%

$312.15 B

-

$0.00

blocked
blocked
blocked

-1.89%

0.15%

$385.64

+1.02%

$287.78 B

1.34%

$5.11

blocked
blocked
blocked

16.34%

0.04%

$11.25

-0.09%

$251.65 B

1.88%

$0.21

blocked
blocked
blocked

-1.83%

0.09%

$1.00

0.00%

$239.02 B

0.03%

$0.00

blocked
blocked
blocked

0.18%

Compare RWDC to Popular ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$227.46

+1.00%

$1.26 T

0.95%

$2.13

blocked
blocked
blocked

16.86%

0.03%

$404.38

+1.00%

$753.41 B

1.32%

$5.29

blocked
blocked
blocked

17.66%

0.03%

$65.07

+0.11%

$404.73 B

2.46%

$1.60

blocked
blocked
blocked

8.16%

0.08%

$439.94

+1.03%

$374.03 B

1.28%

$5.56

blocked
blocked
blocked

17.67%

0.09%

$86.53

-0.12%

$312.15 B

1.97%

$1.71

blocked
blocked
blocked

-1.88%

0.04%

RWDC - Profile

Distributions

  • YTD Total Return -13.6%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.10%
DIVIDENDS
  • Dividend Yield 2.3%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Direxion MSCI Defensives Over Cyclicals ETF
  • Fund Family Name
    Direxion Funds
  • Inception Date
    Jan 16, 2019
  • Shares Outstanding
    150001
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Paul Brigandi

Fund Description

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") on the Long Component of the index. The index measures the performance of a portfolio that has 150% long exposure to the MSCI USA Defensive Sectors Index and 50% short exposure to the MSCI USA Cyclical Sectors Index. The fund is non-diversified.


RWDC - Performance

Return Ranking - Trailing

Period RWDC Return Category Return Low Category Return High Rank in Category (%)
YTD -13.6% -87.6% 693.6% 79.37%
1 Yr -1.3% -88.9% 120.4% 64.59%
3 Yr N/A* -61.8% 45.2% N/A
5 Yr N/A* -81.8% 110.3% N/A
10 Yr N/A* -25.7% 13.6% N/A

* Annualized

Return Ranking - Calendar

Period RWDC Return Category Return Low Category Return High Rank in Category (%)
2020 N/A -87.2% 106.3% N/A
2019 N/A -99.8% 1180.0% N/A
2018 N/A -63.0% 1557.2% N/A
2017 N/A -69.1% 459.2% N/A
2016 N/A -65.1% 287.4% N/A

Total Return Ranking - Trailing

Period RWDC Return Category Return Low Category Return High Rank in Category (%)
YTD -13.6% -87.6% 689.7% 79.31%
1 Yr -1.3% -88.9% 120.4% 63.53%
3 Yr N/A* -61.8% 45.2% N/A
5 Yr N/A* -81.8% 110.3% N/A
10 Yr N/A* -25.7% 13.6% N/A

* Annualized

Total Return Ranking - Calendar

Period RWDC Return Category Return Low Category Return High Rank in Category (%)
2020 N/A -90.3% 106.3% N/A
2019 N/A -97.9% 73.5% N/A
2018 N/A -99.4% 2817.1% N/A
2017 N/A -93.9% 1520666.8% N/A
2016 N/A -82.2% 126.8% N/A

RWDC - Holdings

Concentration Analysis

RWDC Category Low Category High RWDC % Rank
Net Assets 7.3 M 161 K 85.8 B 92.22%
Number of Holdings 174 1 5626 18.22%
Net Assets in Top 10 2.75 M -167 M 23.5 B 90.94%
Weighting of Top 10 N/A 2.8% 100.0% N/A

Top 10 Holdings

  1. Msci Usa Defensives Index Swap 47.80%
  2. Msci Usa Defensives Index Swap 47.80%
  3. Msci Usa Defensives Index Swap 47.80%
  4. Msci Usa Defensives Index Swap 47.80%
  5. Msci Usa Defensives Index Swap 47.80%
  6. Msci Usa Defensives Index Swap 47.80%
  7. Msci Usa Defensives Index Swap 47.80%
  8. Msci Usa Defensives Index Swap 47.80%
  9. Msci Usa Defensives Index Swap 47.80%
  10. Msci Usa Defensives Index Swap 47.80%

Asset Allocation

Weighting Return Low Return High RWDC % Rank
Stocks
85.73% -49.79% 150.22% 95.11%
Cash
14.27% -114.84% 149.79% 2.40%
Preferred Stocks
0.00% 0.00% 15.40% 18.01%
Other
0.00% -5.37% 121.77% 23.12%
Convertible Bonds
0.00% -0.01% 16.57% 11.51%
Bonds
0.00% -29.71% 99.38% 18.81%

Stock Sector Breakdown

Weighting Return Low Return High RWDC % Rank
Healthcare
54.99% 0.00% 100.00% 0.76%
Consumer Defense
25.60% 0.00% 100.00% 3.25%
Utilities
10.82% 0.00% 92.13% 8.72%
Energy
8.47% 0.00% 100.00% 21.51%
Basic Materials
0.12% 0.00% 100.00% 76.60%
Technology
0.00% 0.00% 91.85% 79.85%
Real Estate
0.00% 0.00% 99.58% 69.66%
Industrials
0.00% 0.00% 97.97% 86.89%
Financial Services
0.00% 0.00% 100.00% 80.55%
Communication Services
0.00% 0.00% 92.35% 77.79%
Consumer Cyclical
0.00% 0.00% 96.35% 81.74%

Stock Geographic Breakdown

Weighting Return Low Return High RWDC % Rank
US
85.64% -49.79% 150.22% 10.18%
Non US
0.09% 0.00% 125.51% 94.35%

RWDC - Expenses

Operational Fees

RWDC Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.66% 0.04% 45.48% 81.06%
Management Fee 0.40% 0.00% 3.00% 7.86%
12b-1 Fee 0.00% 0.00% 1.00% 3.43%
Administrative Fee N/A 0.00% 1.25% N/A

Sales Fees

RWDC Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.30% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

RWDC Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.30% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

RWDC Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 6.00% 0.00% 439.00% 5.18%

RWDC - Distributions

Dividend Yield Analysis

RWDC Category Low Category High RWDC % Rank
Dividend Yield 2.33% 0.00% 35.43% 15.43%

Dividend Distribution Analysis

RWDC Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Annually

Net Income Ratio Analysis

RWDC Category Low Category High RWDC % Rank
Net Income Ratio 2.10% -49.00% 10.42% 31.74%

Capital Gain Distribution Analysis

RWDC Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Quarterly Quarterly

Dividend Payout History

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RWDC - Fund Manager Analysis

Managers

Paul Brigandi


Start Date

Tenure

Tenure Rank

Jan 16, 2019

1.62

1.6%

Paul Brigandi, the Fund’s Portfolio Manager, is primarily responsible for the day-to-day management of the Fund. An investment trading team of Rafferty employees assists Mr. Brigandi in the day-to-day management of the Fund subject to his primary responsibility and oversight. The Portfolio Manager works with the investment trading team to decide the target allocation of the Fund’s investments and on a day-to-day basis, an individual portfolio trader executes transactions for the Fund consistent with its target allocation. The members of the investment trading team rotate among the various series of the Trust, including the Fund periodically so that no single individual is assigned to a specific Fund for extended periods of time. Mr. Brigandi has been a Portfolio Manager at Rafferty since June 2004. Mr. Brigandi was previously involved in the equity trading training program for Fleet Boston Financial Corporation from August 2002 to April 2004. Mr. Brigandi is a 2002 graduate of Fordham University.

Tony Ng


Start Date

Tenure

Tenure Rank

Jan 16, 2019

1.62

1.6%

Tony Ng is a Portfolio Manager and joined Rafferty Asset Management in April 2006. He was previously a Team Leader in the Trading Assistant Group with Goldman Sachs from 2004 to 2006. Hg was employed with Deutsche Asset Management from 1998 to 2004. Mr. Ng graduated from State University at Buffalo in 1998.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 33.61 5.9 1.76