NYSEArca - Delayed Quote USD

Direxion Daily Russia Bear 3X Shares (RUSS)

9.09 0.00 (0.00%)
At close: March 27 at 3:59 PM EDT

ETF Summary

The investment seeks daily investment results before fees and expenses of 300% of the inverse of the daily performance of the MVIS Russia Index. The fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse or short leveraged exposure to the index equal to at least 80% of its net assets. The index is a rules-based index, intended to represent the overall performance of publically traded companies that are domiciled and primarily listed on an exchange in Russia or that are not Russian companies, but nonetheless generate at least 50% of their revenues in Russia. It is non-diversified.

ETF Overview

Category Trading--Inverse Equity
Fund Family Direxion Funds
Net Assets 24.27M
YTD Daily Total Return 34.09%
Yield 1.38%
Legal Type Exchange Traded Fund

ETF Operations

Attributes RUSS Category Average
Annual Report Expense Ratio (net) 1.12% 0.00%
Holdings Turnover 0.00% --
Total Net Assets 0.00 0.00

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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