Direxion FTSE Russell US Over International ETF

  • FUND SYMBOL

    RWUI

  • INTRA-DAY INDICATIVE VALUE

    RWUI.IV

  • BLOOMBERG INDEX

    R1AWXUNC

  • CUSIP

    25460E471

  • EXPENSE RATIO (GROSS/NET %)

    0.46 / 0.46*

  • INCEPTION DATE

    Jan 16, 2019

Relative Value Investing

Provides a simple, cost-effective way to express thematic views. When the favored weighting is correct, the fund will seek to outperform traditional long-only strategies.

Overview

The Direxion FTSE Russell US Over International ETF seeks investment results, before fees and expenses, that track the Russell 1000/FTSE All-World ex US 150/50 Net Spread Index. There is no guarantee that the fund will achieve its stated investment objective.

Fund Exposure

U.S. Stocks 150%
International Stocks -50%
Total Net Exposure 100%

Target Index

The Russell 1000®/FTSE All-World ex US 150/50 Net Spread Index (AWXUR1NC) measures the performance of a portfolio that has 150% long exposure to the Russell 1000® Index (the "Long Component") and 50% short exposure to the FTSE All-World ex US Index (the "Short Component"). On a monthly basis, the Index will rebalance such that the weight of the Long Component is equal to 150% and the weight of the Short Component is equal to 50% of the Index value. In tracking the Index, the Fund seeks to provide a vehicle for investors looking to efficiently express a domestic over international investment view by overweighting exposure to the Long Component and shorting exposure to the Short Component. One cannot directly invest in an index.

 Index Holdings

Top 5 Long  
Microsoft Corp 5.74%
Apple Inc 5.52%
Amazon.com Inc 3.92%
Facebook Inc 2.32%
Berkshire Hathaway Inc 2.22%
Top 5 Short  
Nestle SA -0.74%
Tencent Holdings Ltd -0.56%
Alibaba Group Holding Ltd -0.56%
TSMC -0.49%
Roche Holding AG -0.48%

Country Weightings

Long  
UNITED STATES 150.00%
Short  
JAPAN -8.65%
BRITAIN -3.72%
CHINA -3.59%
FRANCE -3.55%
CANADA -2.89%

Source: Bloomberg. Index and Sector weightings are net and as of 09/30/2019 and subject to change.

Pricing and Performance

NAV and Market Price information as of November 14, 2019. Line chart shows pricing trend over the last 30 days.

fund symbol

RWUI

  • Net asset value (NAV)

    • 61.56
    • 0.19
    • 0.31
  • market price closing

    • 61.58
    • 0.13
    • 0.21
  • Premium / Discount

    • 0.02

* The Net Expense Ratio includes management fees, other operating expenses and Acquired Fund Fees and Expenses. If Acquired Fund Fees and Expenses were excluded, the Net Expense Ratio would be 0.45%. The Funds' adviser, Rafferty Asset Management, LLC ("Rafferty"), has entered into an Operating Services Agreement with the Fund. Under this Operating Services Agreement, Rafferty has contractually agreed to pay all expenses of the Fund through September 1, 2020 other than the following: management fees, Rule 12b-1 distribution and/or service fees, taxes, swap financing and related costs, dividends or interest on short positions, other interest expenses, brokerage commissions, expenses incurred in connection with any merger or reorganization, acquired fund fees and expenses, and extraordinary expenses. If these expenses were included, the expense ratio would be higher.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate. An investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted. Returns for performance under one year are cumulative, not annualized. For the most recent month-end performance please visit the funds website at www.direxion.com.

Short-term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Because of ongoing market volatility, fund performance may be subject to substantial short-term changes. For additional information, see the fund’s prospectus.

Distributions

  • RWUI
  • Direxion FTSE Russell US Over International ETF
Record Date Ex Date Pay Date Income Dividend Short-Term Capital Gain Long-Term Capital Gain
06/26/2019 06/25/2019 07/02/2019 0.43388