RWCD - Direxion MSCI Cyclicals Over Defensives ETF

NYSEArca - NYSEArca Delayed Price. Currency in USD
+0.04 (+0.06%)
At close: 12:47PM EDT
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Previous Close62.14
Bid62.14 x 800
Ask62.23 x 1200
Day's Range62.10 - 62.17
52 Week Range50.02 - 63.31
Avg. Volume3,272
Net Assets22.95M
PE Ratio (TTM)N/A
YTD Daily Total ReturnN/A
Beta (3Y Monthly)0.00
Expense Ratio (net)0.45%
Inception Date2019-01-16
Trade prices are not sourced from all markets
  • ETF Trends

    Defensive Strategies in Today’s Market Includes Stable Growth

    A lot of talk in the capital markets is the exodus of growth strategies and the comeback of value, but Goldman Sachs is still touting growth, but with a unique twist--growth via equities that have the propensity for stable earnings. Within the last two years, the stable growers portfolio has been yielding 22% versus 16% for the S&P 500 and 1% for growth stocks. As the investors' wall of worry gets bigger, stable growth cuts out the market noise and refocuses on the fundamentals via earnings.

  • ETF Trends

    Trump on Fed: “No Guts, No Sense, No Vision”

    Soon after the quarter-point rate cut by the Federal Reserve, U.S. President Donald Trump took to Twitter for another round of central bank criticizing. This time, he tweeted that the Fed had “no guts, no sense, no vision” after what appeared to be a divided central bank on where to take interest rate policy in the future.

  • ETF Trends

    Get Strategic in Today’s Market with 10 Relative Weight ETFs

    More than ever, investors need to get strategic as trade wars, inverted yield curves and fears of a global economic slowdown weighing on the minds of investors. There’s a plethora of options available ...

  • ETF Trends

    How to Effectively Tap Defensive Leadership Over Cyclical Names

    Defensive stocks and sectors have been thriving lately and with concerns mounting regarding the strength of growth stocks, investors may want to take advantage of strength in the former and weakness in ...

  • ETF Trends

    Investors Need to Play Defense Strategically in Today’s Market

    Safe haven investing has been the default play as market volatility descended upon the capital markets the last two months, but simply playing defense won't cut it when it comes to gains. Investors need to not only play defense, but play defense strategically given the current market landscape. “A lot of people are looking at those consumer staples stocks,” said Dave Nadig, managing director at on CNBC’s “ETF Edge.” “I get nervous about leaning hard into consumer staples because the definition isn’t what we think it is.

  • ETF Investors Shift from Cyclicals to Defensives
    Market Realist

    ETF Investors Shift from Cyclicals to Defensives

    Year-to-date, cyclical ETFs remain in the flow lead by over $1.37 billion even as both groups are now in outflows. Of course, this could change quickly.

  • ETF Trends

    Crude Oil ETFs Decline Could Offer An Opportunity

    Crude oil continued to decline Monday on concerns that the global economy would deteriorate further after President Donald Trump voided a tariff ceasefire with China. As a result, West Texas Intermediate Crude Oil dropped 7.9% to $53.95. WTI broke a 5-day winning streak with its worst daily performance in more than 4 years, with ETFs like the  United States Oil Fund (USO) , the  VelocityShares 3x Long Crude Oil ETN (UWT) , and the  ProShares Ultra Bloomberg Crude Oil (UCO)  following suit, down more than 6%, more than 18%, and more than 12.25% respectively.

  • ETF Trends

    Earnings Recession Puts Defensives in Focus Over Cyclicals

    Data company FactSet has been warning investors about an earnings recession in the S&P 500. This recession risk could put defensive sectors in concentrated focus as opposed to the more cyclical sectors, which provides an opportunity for relative weight exchange-traded funds (ETFs). It’s the primary driver for investors looking for a rate cut to help prop up the market, especially after a U.S.-China trade deal that was supposed to happen eventually fell through.

  • ETF Trends

    June Saw a Tilt Towards Cyclical Sectors over Defensive Sectors

    As the Federal Reserve gave capital markets reason to brace themselves for interest rate cuts this year, investors can vacillate on whether they should pour funds into cyclical or defensive sectors. Led by a strong performance by the materials sector, cyclical sectors took the lead over defensive sectors in June following a volatility-laden May. "The dynamic between Cyclical Sectors and Defensive Sectors continues to be interesting," a Direxion Investments Relative Weight Outlook post noted.

  • Benzinga

    How To Lean Cyclical Sectors Over Defensives

    “The dynamic between Cyclical Sectors and Defensive Sectors continues to be interesting,” said Direxion in a recent note. “While previous months saw Cyclical Sectors leading on the back of the Information Technology sector, the 0.88% relative outperformance throughout June in cyclical names was driven by leadership in the Materials sector. “The 0.88% spread between Cyclical and Defensive stocks is the second smallest monthly spread on record for the year so far, but the outperformance is notable given the 3.10% underperformance we saw throughout the month of May,” according to Direxion.

  • PR Newswire

    Direxion's Relative Weight ETFs Now Available Commission-Free at Schwab

    Through Schwab ETF OneSource™, Investors Have Commission-Free Access to Direxion Strategies Designed for Capital-Efficient Execution of Cyclical Views NEW YORK , July 9, 2019 /PRNewswire/ -- Direxion is ...

  • ETF Trends

    The iShares Edge MSCI Min Vol USA ETF (USMV) is Outperforming S&P 500

    Despite the rampant news headlines, filled with trade war tensions, looming interest rate cuts, oil explosions, and war jitters with Iran, the markets have rallied steadily throughout the year, and volatility, as measured by the VIX, has remained on average in the 13-16 range, where it currently resides. Per Investopedia, “The Volatility Index, or VIX, is an index created by the Chicago Board Options Exchange (CBOE), which shows the market’s expectation of 30-day volatility. For stocks, measures of volatility typically refer to how certain equities perform over a longer period of time. Investors who are uneasy with increased stock market volatility might consider stocks with a history of consistent month-to-month performance.

  • ETF Trends

    Questioning the Fundamentals Of Current Market Rally

    The last time the S&P 500 had a first half of a year this good was at least 10 years ago. From consumer discretionary to technology, cyclical stocks that typically are tied to economic growth have yet to recover the ground lost in May, whereas only defensive groups like consumer staples and utilities have confirmed the S&P 500′s new highs, J.P. Morgan’s chart analyst Jason Hunter pointed out. This is not the way a solid, enduring rally should occur explains Hunter. “Rally leadership doesn’t inspire a lot of confidence yet ... In our view, that cross-market divergence can only persist for a short period of time, and the S&P 500 Index rally potential is limited under the current conditions,” Hunter said in a note on Tuesday.

  • ETF Trends

    Oil Prices Jump On Iran Drone Attack

    Iran shot down an American spy drone near the opening to the Persian Gulf overnight, under debatable circumstances, escalating tensions in the region and driving oil prices higher on fears of a war. The price of US oil soared 6% above $57 a barrel. The United States promulgated plans earlier this week to send an additional 1,000 troops to the Middle East amid the rising tensions with Iran. US Secretary of State Mike Pompeo said Sunday that the United States is "considering a full range of options," including possible military options, although he underscored the fact that President Trump does not want to go to war with Iran.

  • ETF Trends

    The Possibility of Rate Cuts Could Put Defensives, Cyclicals in Play

    As the capital markets are bracing themselves for interest rate cuts happening throughout the year, investors can vacillate on whether they should pour funds into cyclical or defensive sectors. With Direxion Investments' Relative Weight ETFs, investors can play both sides of the coin as a data-fueled central bank decides on interest rate policy. “Broad equity index performance after the start of Fed rate cuts depends on whether the economic slowdown was a soft patch or a more severe economic downturn,” wrote Maneesh Deshpande, head of U.S. equity strategy at Barclays, in a note last week.

  • ETF Trends

    Defensive Sector was May’s Flavor of the Month

    During this time, it was defensive sectors that became the flavor of the month as investors sought to safe havens to shield them from the volatility. In its latest Relative Weight Outlook report, Direxion mentioned that "investors spent the month of May reducing exposure to both Cyclical and Defensive Sectors with $3.25 billion out of Cyclicals and $2.19 billion out of Defensives as ETF investors seemingly choose not to discriminate between either group. Cyclical and Defensive sectors have alternated leadership in flows on a monthly basis throughout the entire calendar year.

  • ETF Trends

    Oil ETFs Still Merit Consideration

    With oil ranking as one of 2019’s best-performing commodities, the United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, and the United States Brent Oil Fund (NYSEArca: ...

  • ETF Trends

    Vanguard Total Stock Market ETF ‘VTI” – Time To Invest?

    The Vanguard Total Stock Market ETF (VTI) has been in existence since 2001 and is a passively managed index fund that is intended to replicate the performance of the overall U.S. stock market. More specifically, it tracks the CRSP U.S. Total Market Index, which is composed of an assortment of more than 3,500 stocks of companies with a variety of sizes and investment characteristics. The ETF portfolio has a total of $672 billion of investor assets, making it an extremely popular and widely held index fund product.

  • ETF Trends

    Now is the Time to Get Defensive with ‘RWDC’ ETF

    In addition to traditional safe havens like bonds and gold, investors sought names like McDonald's and Starbucks, which saw both rise 5.9 percent and 7.3 percent, respectively on Wednesday. With a U.S.-China trade deal already priced into the markets and subsequently getting burned when the markets took a dive the past week, investors are now looking for another trigger event–a rate cut–except the Federal Reserve passed on that notion and stayed put recently. “In light of global economic and financial developments and muted inflation pressures, the Committee will be patient as it determines what future adjustments to the target range for the federal funds rate may be appropriate to support these outcomes,” the Federal Open Market Committee’s policy statement read.

  • ETF Trends

    Getting Defensive When the Fed Pauses on Interest Rates

    With a U.S.-China trade deal already priced into the markets, investors were looking for another trigger event--a rate cut--except the Federal Reserve passed on that notion and stayed put. "In light of global economic and financial developments and muted inflation pressures, the Committee will be patient as it determines what future adjustments to the target range for the federal funds rate may be appropriate to support these outcomes," the Federal Open Market Committee's policy statement read. Fed Chairman Jerome Powell reiterated his ongoing message of patience as the wait-and-see approach by the central bank continues to persist.

  • ETF Trends

    Energy ETFs Take a Blow from Rising U.S. Production, Inventory Levels

    Energy sector-related ETFs were among the worst off Thursday after the Energy Information Administration revealed a jump in U.S. crude-oil stockpiles and Saudi Arabia said it would pick up the slack with ...

  • ETF Trends

    Get Anti-Defensive With Direxion Relative Value ETF

    After stumbling out of the 2018, investors are seeing better results for U.S. equities in 2019, which could lead to a less defensive posture than originally anticipated. RWCD seeks investment results that track the MSCI USA Cyclical Sectors – USA Defensive Sectors 150/50 Return Spread Index. The Index measures the performance of a portfolio that has 150% long exposure to the MSCI USA Cyclical Sectors Index (the “Long Component”) and 50% short exposure to the MSCI USA Defensive Sectors Index (the “Short Component”).

  • 6 Top ETFs of April

    6 Top ETFs of April

    S&P 500 and Nasdaq Composite hit a record high in April and these ETFs were the best performers.

  • ETF Trends

    ETF Investors: Getting Paid to Tap Tech

    Historically, the technology sector has not been viewed as fertile territory for dividend investors, but in recent years, that view has been altered for the better as technology has been one of the primary drivers of S&P 500 dividend growth in recent years. Investors can use the First Trust NASDAQ Technology Dividend Index Fund (TDIV) to play that theme. For years, technology was the not first sector investors thought of when they thought of dividends.

  • ETF Trends

    20 Biggest Oil ETPs Based on Total Assets

    First-quarter earnings have been a slippery slope for big oil companies thus far as geopolitical challenges and receding prices may be putting the clamps on profitability for the rest of 2019. Venezuela ...