RWGV Stock Price, Chart, Stats & News

Direxion Russell 1000 Growth Over Value ETF
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Large Growth
Category
0.62%
Expense ratio
6.47M
Assets
-3.97%
1Y return
RWGV chart
1M
3M
1Y
5Y
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RWGV returns
| YTD | 0.00% |
| 1Y | -3.97% |
| 3Y | 2.45% |
| 5Y | 0.00% |
| 10Y | 0.00% |
| 1Y volatility | 30.76% |
| 3Y volatility | 26.23% |
| Sharpe ratio | 0.67 |
About
This exchange-traded fund (RWGV) generally invests a significant portion—at least 80%—of its net capital (which includes any funds acquired through borrowing for investment purposes) into either the direct holdings or other ETFs that mirror the "Long Component" of its benchmark index. The performance of this benchmark index is derived from a theoretical portfolio that holds a 150% long position in the Russell 1000 Growth Index (termed the "Long Component") while simultaneously taking a 50% short position against the Russell 1000 Value Index (referred to as the "Short Component"). It is important to note that this fund is structured as a non-diversified investment.
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