RWED Direxion MSCI Emerging Over Developed Markets ETF
Quote as of Sep 25, 2020 16:06 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 55.36 | Day Range | 51.33 – 54.85 |
| 52-Week Range | 36.33 – 55.70 | Volume | 749 |
| Avg Volume | 3.75K | AUM | $5.9M (Aug 27, 2026) |
| Expense Ratio | 0.59% | Yield (TTM) | — |
| NAV | 51.89 | Premium/Discount | -0.02% indicative |
| Inception | Jan 16, 2019 | Holdings | — |
| Issuer | Direxion | Exchange | AMEX |
| Category | Emerging Markets | Index Tracked | MSCI Emerging Markets |
| CUSIP | — | ISIN | — |
| Management | Not stated in source data | ||
About this ETF
The investment seeks investment results, before fees and expenses, that track the MSCI Emerging Markets IMI - EAFE IMI 150/50 Return Spread Index (the "index"). The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in securities that comprise the Long Component of the index or shares of exchange-traded funds ("ETFs") on the Long Component of the index. The index measures the performance of a portfolio that has 150% long exposure to the MSCI Emerging Markets IMI Index (the "Long Component") and 50% short exposure to the MSCI EAFE IMI Index (the "Short Component"). The fund is non-diversified.
Description from the fund data provider · profile as of Aug 27, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -6.29% | +4.69% | +30.47% | -3.22% | +8.69% | — | — | — | +1.19% |
| Total return | -6.29% | +4.68% | +31.28% | -2.63% | +11.69% | — | — | — | +3.30% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 01, 2020. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.59% | Annual cost of a $10,000 investment | $59.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Sector Exposure
Distributions
| Yield (TTM) | — | Paid (last 12 months) | — |
| Frequency | Semi-Annual | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | Jun 23, 2020 | Last payment | $0.2950 |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Jun 23, 2020 | — | — | $0.2950 |
| Dec 23, 2019 | — | — | $1.1260 |
| Jun 25, 2019 | — | — | $0.4190 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
Liquidity
| Volume today | 749 | Average volume | 3.75K |
| AUM | $5.9M | Premium/Discount | -0.02% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV — an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source — review them before investing.
Latest News for RWED
No articles mention this fund directly in the last 7 days — showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.