Continue to site >
Trending ETFs

Direxion Russell 1000® Growth Over Value ETF

ETF
RWGV
Payout Change
Pending
Price as of:
$86.48 +0.82 +0.96%
primary theme
U.S. Large-Cap Growth Equity
RWGV (ETF)

Direxion Russell 1000® Growth Over Value ETF

Payout Change
Pending
Price as of:
$86.48 +0.82 +0.96%
primary theme
U.S. Large-Cap Growth Equity
RWGV (ETF)

Direxion Russell 1000® Growth Over Value ETF

Payout Change
Pending
Price as of:
$86.48 +0.82 +0.96%
primary theme
U.S. Large-Cap Growth Equity

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$86.48

$7 M

0.34%

$0.30

0.62%

Vitals

YTD Return

-18.3%

1 yr return

-11.2%

3 Yr Avg Return

19.5%

5 Yr Avg Return

N/A

Net Assets

$7 M

Holdings in Top 10

N/A

52 WEEK LOW AND HIGH

$85.7
$81.66
$137.11

Expenses

OPERATING FEES

Expense Ratio 0.62%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund

Investment Style

Large Growth


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$86.48

$7 M

0.34%

$0.30

0.62%

RWGV - Profile

Distributions

  • YTD Total Return -34.9%
  • 3 Yr Annualized Total Return 19.5%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.10%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Direxion Russell 1000® Growth Over Value ETF
  • Fund Family Name
    Direxion Funds
  • Inception Date
    Jan 16, 2019
  • Shares Outstanding
    75001
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Tony Ng

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 Russell 1000® Growth Index (the "Long Component") and 50% short exposure to the Russell 1000® Value Index (the "Short Component"). The fund is non-diversified.


RWGV - Performance

Return Ranking - Trailing

Period RWGV Return Category Return Low Category Return High Rank in Category (%)
YTD -18.3% -61.7% 104.1% 16.38%
1 Yr -11.2% -56.4% 64.5% 48.62%
3 Yr 19.5%* -14.0% 49.4% 4.94%
5 Yr N/A* -5.7% 43.6% N/A
10 Yr N/A* 2.7% 23.5% N/A

* Annualized

Return Ranking - Calendar

Period RWGV Return Category Return Low Category Return High Rank in Category (%)
2021 26.7% -87.9% 326.9% 4.34%
2020 57.8% -67.0% 145.0% 6.11%
2019 N/A -28.8% 76.0% N/A
2018 N/A -57.9% 10.6% N/A
2017 N/A -68.7% 64.3% N/A

Total Return Ranking - Trailing

Period RWGV Return Category Return Low Category Return High Rank in Category (%)
YTD -34.9% -64.2% 104.1% 83.33%
1 Yr -11.2% -58.4% 64.5% 48.55%
3 Yr 19.5%* -15.1% 49.4% 7.61%
5 Yr N/A* -6.1% 43.6% N/A
10 Yr N/A* 2.6% 23.5% N/A

* Annualized

Total Return Ranking - Calendar

Period RWGV Return Category Return Low Category Return High Rank in Category (%)
2021 26.7% -87.9% 326.9% 4.34%
2020 57.8% -67.0% 145.0% 6.11%
2019 N/A -28.8% 76.0% N/A
2018 N/A -57.9% 16.5% N/A
2017 N/A -68.7% 64.3% N/A

RWGV - Holdings

Concentration Analysis

RWGV Category Low Category High RWGV % Rank
Net Assets 7 M 189 K 222 B 96.59%
Number of Holdings 7 2 3509 99.45%
Net Assets in Top 10 6.89 M -1.37 M 104 B 85.69%
Weighting of Top 10 N/A 9.4% 100.0% 0.84%

Top 10 Holdings

  1. iShares Russell 1000 Growth ETF 97.31%
  2. Russell 1000 Growth Index Swap 54.85%
  3. Russell 1000 Growth Index Swap 54.85%
  4. Russell 1000 Growth Index Swap 54.85%
  5. Russell 1000 Growth Index Swap 54.85%
  6. Russell 1000 Growth Index Swap 54.85%
  7. Russell 1000 Growth Index Swap 54.85%
  8. Russell 1000 Growth Index Swap 54.85%
  9. Russell 1000 Growth Index Swap 54.85%
  10. Russell 1000 Growth Index Swap 54.85%

Asset Allocation

Weighting Return Low Return High RWGV % Rank
Stocks
83.34% 0.00% 107.71% 99.05%
Cash
16.66% -10.83% 87.35% 0.68%
Preferred Stocks
0.00% 0.00% 4.41% 97.82%
Other
0.00% -7.57% 17.15% 96.52%
Convertible Bonds
0.00% 0.00% 1.94% 97.89%
Bonds
0.00% -1.84% 98.58% 97.55%

Stock Sector Breakdown

Weighting Return Low Return High RWGV % Rank
Technology
41.66% 0.00% 69.82% 19.92%
Consumer Cyclical
17.02% 0.00% 62.57% 37.99%
Communication Services
9.88% 0.00% 66.40% 55.12%
Healthcare
9.29% 0.00% 39.76% 80.63%
Financial Services
6.75% 0.00% 43.06% 71.96%
Industrials
6.62% 0.00% 39.00% 48.02%
Consumer Defense
5.10% 0.00% 25.50% 33.36%
Real Estate
2.00% 0.00% 29.57% 29.54%
Basic Materials
1.05% 0.00% 22.40% 54.37%
Energy
0.59% 0.00% 41.09% 45.91%
Utilities
0.04% 0.00% 16.07% 29.33%

Stock Geographic Breakdown

Weighting Return Low Return High RWGV % Rank
US
83.21% 0.00% 105.43% 90.32%
Non US
0.13% 0.00% 54.22% 81.66%

RWGV - Expenses

Operational Fees

RWGV Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.62% 0.01% 7.09% 72.45%
Management Fee 0.40% 0.00% 1.50% 15.05%
12b-1 Fee 0.00% 0.00% 1.00% 22.29%
Administrative Fee N/A 0.00% 1.02% N/A

Sales Fees

RWGV Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 8.50% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

RWGV Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 5.00% 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.

RWGV Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 316.74% 12.08%

RWGV - Distributions

Dividend Yield Analysis

RWGV Category Low Category High RWGV % Rank
Dividend Yield 0.34% 0.00% 6.50% 7.66%

Dividend Distribution Analysis

RWGV Category Low Category High Category Mod
Dividend Distribution Frequency Annually Semi-Annually Quarterly Semi-Annually

Net Income Ratio Analysis

RWGV Category Low Category High RWGV % Rank
Net Income Ratio 0.10% -6.13% 2.90% 21.13%

Capital Gain Distribution Analysis

RWGV Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

RWGV - Fund Manager Analysis

Managers

Tony Ng


Start Date

Tenure

Tenure Rank

Jan 16, 2019

3.37

3.4%

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.

Paul Brigandi


Start Date

Tenure

Tenure Rank

Jan 16, 2019

3.37

3.4%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 54.45 7.73 2.92