Direxion FTSE Russell US Over International ETF (RWUI)
Direxion FTSE Russell US Over International ETF operates in the Asset Management industry of the Financial Services sector. The stock last traded at $68.76, down 7.81% on the session, giving a market capitalisation of $12.7M. Its beta of 0.00 implies it has historically moved less than the broad market.
The Direxion FTSE Russell US Over International ETF (RWUI) endeavors to achieve investment results that closely correspond to the Russell 1000/FTSE All-World ex US 150/50 Net Spread Index (referred to as "the index"), before factoring in fees and operating expenses. Under ordinary market conditions, the fund commits at least 80% of its total capital (which may include assets acquired through borrowing for investment purposes) to the securities or exchange-traded funds ("ETFs") that comprise the Long Component of the index. The underlying index itself is constructed to gauge the performance of a portfolio that maintains a 150% long exposure to the Russell 1000 Index (its designated "Long Component") and concurrently a 50% short exposure to the FTSE All-World ex US Index (its designated "Short Component"). This fund is classified as non-diversified.
Direxion FTSE Russell US Over International ETF is most often compared with the following Financial Services names: