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Non-Leveraged 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 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® Value/Growth 150/50 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 4.67
Johnson & Johnson 3.37
UnitedHealth Group 3.15
JPMorgan Chase 2.89
Procter & Gamble 2.66

Top 5 Short %

Apple -6.27
Microsoft -5.40
Amazon.com -3.29
Tesla -2.09
NVIDIA -1.52

Index Sector Weightings %

Financials 29.90
Health Care 22.47
Industrials 13.39
Energy 10.42
Consumer Staples 8.98

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