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RWVG Stock Price, Chart, Stats & News

Direxion Russell 1000 Value Over Growth ETF
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Large Value
Category
0.63%
Expense ratio
10.68M
Assets
-6.36%
1Y return

RWVG chart

1M
3M
1Y
5Y
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RWVG returns

YTD
0.00%
1Y
-6.36%
3Y
10.97%
5Y
0.00%
10Y
0.00%
1Y volatility16.59%
3Y volatility21.92%
Sharpe ratio0.29

About

This fund aims to replicate an index that constructs its portfolio with a 150% long position in the Russell 1000 Value Index (designated as the "Long Component") alongside a 50% short position in the Russell 1000 Growth Index (referred to as the "Short Component"). Under typical market conditions, the fund commits a minimum of 80% of its net assets, inclusive of any borrowed capital for investment, directly into the securities that constitute the Long Component or into exchange-traded funds (ETFs) designed to mirror the Long Component's performance. It is structured as a non-diversified fund.

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