Direxion MSCI Developed Over Emerging Markets ETF (RWDE) Research

This exchange-traded fund (ETF) endeavors to mirror the performance of the MSCI EAFE IMI - Emerging Markets IMI 150/50 Return Spread Index, prior to the deduction of its fees and operational costs. Under typical market conditions, the fund allocates at least 80% of its total net assets—including any capital acquired through borrowing for investment purposes—into either the direct securities comprising the Long Component of this index or into other exchange-traded funds (ETFs) that track this Long Component. The underlying index itself is structured to reflect the returns of a hypothetical portfolio that maintains a 150% long exposure to the MSCI EAFE IMI Index (designated as the "Long Component") and simultaneously holds a 50% short exposure to the MSCI Emerging Markets IMI Index (referred to as the "Short Component"). It's important to note that this fund is categorized as non-diversified.

Market snapshot

Symbol
RWDE
Price
$51.68
Day change
+0.51%
Market cap
$6.3M
52-week range
38.0-57.688
Sector
Financial Services
Industry
Asset Management

Peer companies

  • iPath US Treasury 10-year Bull ETN (DTYL)
  • Claymore CEF GS Connect ETN (GCE)
  • Amplify Inflation Fighter ETF (IWIN)
  • KFA Small Cap Quality Dividend Index ETF (KSCD)
  • Invesco Russell 1000 Quality Factor ETF (OQAL)
  • Principal US Large-Cap Adaptive Multi-Factor ETF (PLRG)
  • Direxion MSCI Defensives Over Cyclicals ETF (RWDC)
  • Direxion MSCI Emerging Over Developed Markets ETF (RWED)

Open Direxion MSCI Developed Over Emerging Markets ETF (RWDE) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.