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Non-Leveraged ETFs

RWGV

The Direxion Russell 1000® Growth Over Value ETF seeks investment results, before fees and expenses, that track the Russell 1000® Growth/Value 150/50 Index. There is no guarantee that the fund will achieve its stated investment objective.

This ETF 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.

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Overview

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Target Index

The Russell 1000® Growth/Value 150/50 Index measures the performance of a portfolio that has 150% long exposure to the Russell 1000® Growth Index (the “Long Component”) and 50% short exposure to the Russell 1000® Value 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 growth over value 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 & Weightings

Top 5 Long %

Apple 18.80
Microsoft 16.21
Amazon.com 9.87
Tesla 6.26
Alphabet – Class A 4.75

Top 5 Short %

Berkshire Hathaway -1.56
Johnson & Johnson -1.12
JPMorgan Chase -0.96
Procter & Gamble -0.89
UnitedHealth Grp -0.84

Index Sector Weightings %

Information Technology 64.62
Consumer Discretionary 25.24
Communication Services 12.12
Health Care 4.34
Industrials 3.72

Source: Bloomberg. Index and Sector weightings are net and as of 03/31/2022 and subject to change.

 

Fund Exposure

Growth Stocks 150%
Value Stocks -50%
Total Net Exposure 100%

Pricing & Performance

NAV and Market Price information as of . Line chart shows pricing trend over the last 30 days. The Primary Listing Exchange is the NYSE Arca, Inc.




Distributions