The Direxion High Growth ETF seeks investment results, before fees and expenses, that track the Russell 1000 Hyper Growth Index. There is no guarantee that the fund will achieve its stated investment objective.
The Direxion High Growth ETF offers exposure to US stocks that have exhibited strong historical growth rates, and are positioned to potentially do so in the future. The Direxion High Growth ETF looks for consistent and sustainable growth by integrating historical sales growth with estimated earnings and cash flow growth. At the same time, the fund tilts toward companies with positive momentum and high quality characteristics, and aims to neutralize exposure to those that may be overvalued and volatile.
- Seeks to capture growth stocks that are consistent and sustainable
- Combination of growth, momentum, and balance sheet metrics to deliver names with the ability to maintain their competitive advantages and continue to grow
- May be considered a core equity holding which tilts heavily toward fast growing, high-quality companies
Documents & Downloads
The Russell 1000 Hyper Growth Index seeks to identify domestic “high” growth companies by scoring securities for Quality, Momentum, Value, and Volatility factors and for representing Value or Growth stocks. The Index identifies Growth companies as those that, historically, have had high sales and forecasted high earnings and high cash flow growth relative to increases in share value. One cannot directly invest in an index.
Index Holdings & Sector Weightings
Top Ten Holdings %
|Brookfield Property REIT||1.89|
Sector Weightings %
Source: Bloomberg. Index and Sector weightings are net and as of 5/31/2020 and subject to change.
Pricing & Performance
NAV and Market Price information as of Invalid date. Line chart shows pricing trend over the last 30 days. The Primary Listing Exchange is the NYSE Arca, Inc.