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Trending ETFs

Direxion Russell 1000® Value Over Growth ETF

etf
RWVG
Dividend policy
Suspended
Price as of:
$58.03 +0.4 +0%
primary theme
U.S. Large-Cap Value Equity
RWVG (ETF)

Direxion Russell 1000® Value Over Growth ETF

Dividend policy
Suspended
Price as of:
$58.03 +0.4 +0%
primary theme
U.S. Large-Cap Value Equity
RWVG (ETF)
Direxion Russell 1000® Value Over Growth ETF
Dividend policy
Suspended
Price as of:
$58.03 +0.4 +0%
primary theme
U.S. Large-Cap Value Equity

RWVG - Snapshot

Vitals

  • YTD Return 17.8%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $40.1 M
  • Holdings in Top 10 N/A

52 WEEK LOW AND HIGH

$57.63
$38.24
$58.03

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.45%

SALES FEES

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

BROKERAGE FEES

  • Turnover 0.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification

  • Primary Theme U.S. Large-Cap Value Equity
  • Fund Type Exchange Traded Fund
  • Investment Style Large Value

Compare RWVG to Popular U.S. Large-Cap Value Equity Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$228.96

+0.41%

$81.06 B

1.50%

$3.41

blocked
blocked
blocked

18.90%

0.52%

$49.51

+0.45%

$75.88 B

1.66%

$0.82

blocked
blocked
blocked

10.98%

0.60%

$50.35

+0.66%

$59.17 B

0.89%

$0.44

blocked
blocked
blocked

12.26%

0.83%

$31.22

+0.61%

$45.42 B

2.91%

$0.90

blocked
blocked
blocked

13.12%

0.08%

$42.58

+0.66%

$45.27 B

2.40%

$1.01

blocked
blocked
blocked

12.50%

0.28%

Compare RWVG to Popular U.S. Large-Cap Value Equity ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$135.35

+0.58%

$114.19 B

1.69%

$2.27

blocked
blocked
blocked

13.50%

0.04%

$156.66

+0.49%

$51.05 B

1.68%

$2.63

blocked
blocked
blocked

14.19%

0.19%

$103.58

+0.61%

$45.42 B

2.92%

$3.01

blocked
blocked
blocked

12.73%

0.06%

$341.86

+0.42%

$28.55 B

1.64%

$5.58

blocked
blocked
blocked

11.43%

0.16%

$145.60

+0.57%

$21.41 B

2.00%

$2.89

blocked
blocked
blocked

13.33%

0.18%

RWVG - Profile

Distributions

  • YTD Total Return 18.2%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.24%
DIVIDENDS
  • Dividend Yield 0.6%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Direxion Russell 1000® Value Over Growth ETF
  • Fund Family Name
    Direxion Funds
  • Inception Date
    Jan 16, 2019
  • Shares Outstanding
    700001
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Tony Ng

Fund Description

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.


RWVG - Performance

Return Ranking - Trailing

Period RWVG Return Category Return Low Category Return High Rank in Category (%)
YTD 17.8% -43.6% 32.3% 18.89%
1 Yr 50.9% -11.4% 119.9% 64.34%
3 Yr N/A* -1.8% 21.5% N/A
5 Yr N/A* 2.7% 20.2% N/A
10 Yr N/A* 0.6% 16.5% N/A

* Annualized

Return Ranking - Calendar

Period RWVG Return Category Return Low Category Return High Rank in Category (%)
2020 -14.0% -26.7% 285.0% 96.74%
2019 N/A -32.1% 76.3% N/A
2018 N/A -62.4% 16.7% N/A
2017 N/A -72.0% 37.9% N/A
2016 N/A -61.4% 31.0% N/A

Total Return Ranking - Trailing

Period RWVG Return Category Return Low Category Return High Rank in Category (%)
YTD 18.2% -22.4% 32.3% 16.52%
1 Yr 50.9% -11.4% 119.9% 59.74%
3 Yr N/A* -1.8% 21.5% N/A
5 Yr N/A* 2.3% 20.2% N/A
10 Yr N/A* 0.4% 16.5% N/A

* Annualized

Total Return Ranking - Calendar

Period RWVG Return Category Return Low Category Return High Rank in Category (%)
2020 -14.0% -26.7% 285.0% 96.74%
2019 N/A -32.1% 76.3% N/A
2018 N/A -37.1% 17.4% N/A
2017 N/A -9.5% 37.9% N/A
2016 N/A -27.9% 32.2% N/A

RWVG - Holdings

Concentration Analysis

RWVG Category Low Category High RWVG % Rank
Net Assets 40.1 M 347 K 114 B 88.70%
Number of Holdings 7 2 1678 99.84%
Net Assets in Top 10 41.6 M 78.3 K 26.6 B 78.85%
Weighting of Top 10 N/A 5.5% 100.0% 0.16%

Top 10 Holdings

  1. iShares Russell 1000 Value ETF 93.14%
  2. Russell 1000 Value Index Swap 50.44%
  3. Russell 1000 Value Index Swap 50.44%
  4. Russell 1000 Value Index Swap 50.44%
  5. Russell 1000 Value Index Swap 50.44%
  6. Russell 1000 Value Index Swap 50.44%
  7. Russell 1000 Value Index Swap 50.44%
  8. Russell 1000 Value Index Swap 50.44%
  9. Russell 1000 Value Index Swap 50.44%
  10. Russell 1000 Value Index Swap 50.44%

Asset Allocation

Weighting Return Low Return High RWVG % Rank
Stocks
96.43% 51.79% 179.32% 82.58%
Cash
3.56% -79.31% 21.41% 12.48%
Preferred Stocks
0.00% 0.00% 17.95% 29.66%
Other
0.00% -1.63% 26.80% 24.80%
Convertible Bonds
0.00% 0.00% 8.69% 24.96%
Bonds
0.00% -3.65% 39.59% 26.90%

Stock Sector Breakdown

Weighting Return Low Return High RWVG % Rank
Financial Services
20.63% 0.00% 57.07% 56.63%
Industrials
13.66% 0.00% 45.96% 34.99%
Healthcare
12.77% 0.00% 34.68% 71.28%
Technology
9.60% 0.00% 54.02% 69.57%
Communication Services
9.23% 0.00% 27.29% 25.47%
Consumer Cyclical
7.72% 0.00% 33.84% 41.33%
Consumer Defense
7.59% 0.00% 30.04% 54.03%
Energy
5.17% 0.00% 26.65% 47.84%
Utilities
4.92% 0.00% 26.57% 36.53%
Real Estate
4.53% 0.00% 92.89% 19.37%
Basic Materials
4.17% 0.00% 25.37% 34.58%

Stock Geographic Breakdown

Weighting Return Low Return High RWVG % Rank
US
94.68% 26.40% 177.59% 48.30%
Non US
1.75% 0.00% 48.05% 69.21%

RWVG - Expenses

Operational Fees

RWVG Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.45% 0.01% 15.68% 89.88%
Management Fee 0.40% 0.00% 1.69% 17.72%
12b-1 Fee 0.00% 0.00% 1.00% 4.59%
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

RWVG Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

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

RWVG Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 0.00% 0.00% 481.00% 0.17%

RWVG - Distributions

Dividend Yield Analysis

RWVG Category Low Category High RWVG % Rank
Dividend Yield 0.57% 0.00% 2.08% 6.94%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

RWVG Category Low Category High RWVG % Rank
Net Income Ratio 2.24% -3.83% 5.26% 25.04%

Capital Gain Distribution Analysis

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

Dividend Payout History

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RWVG - Fund Manager Analysis

Managers

Tony Ng


Start Date

Tenure

Tenure Rank

Jan 16, 2019

2.21

2.2%

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

2.21

2.2%

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
0.02 85.42 6.97 5.55