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Strategic & Thematic ETFs

RWVG

The Direxion Russell 1000® Value Over Growth ETF seeks investment results, before fees and expenses, that track the Russell 1000® Value/Growth 150/50 Net Spread 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.

Overview

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Target Index

The Russell 1000® Value/Growth 150/50 Net Spread Index (R1VR1GNC) measures the performance of a portfolio that has 150% long exposure to the Russell 1000® Value Index (the “Long Component”) and 50% short exposure to the Russell 1000® Growth 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 value over growth 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 %

Berkshire Hathaway – Class B 3.84
JPMorgan Chase 3.69
Johnson & Johnson 3.23
Procter Gamble 2.58
UnitedHealth Grp 2.54

Top 5 Short %

Apple -5.21
Microsoft -4.98
Amazon.com -3.34
Facebook – Class A -1.90
Tesla -1.45

Index Sector Weightings %

Financials 30.90
Health Care 21.41
Industrials 14.45
Consumer Staples 8.80
Energy 7.50
Utilities 7.32
Communication Services 6.06
Real Estate 6.23
Materials 4.97
Consumer Discretionary -0.77
Information Technology -6.87

Source: Bloomberg. Index and Sector weightings are net and as of 9/30/2021 and subject to change.

 

Fund Exposure

Value Stocks 150%
Growth 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