Direxion MSCI Cyclicals Over Defensives (RWCD) ETF Holdings & Analysis

What RWCD does

The Direxion MSCI Cyclicals Over Defensives ETF (RWCD) aims to replicate the investment performance of the MSCI USA Cyclical Sectors - USA Defensive Sectors 150/50 Return Spread Index, prior to the deduction of fees and expenses. Under normal operating conditions, the fund dedicates at least 80% of its total net assets, with additional leverage obtained through borrowing for investment purposes, to either the direct securities or exchange-traded funds (ETFs) that constitute the "Long Component" of this benchmark index. The underlying index itself is designed to measure the returns of a portfolio that maintains a 150% long exposure to the MSCI USA Cyclical Sectors Index, offset by a 50% short exposure to the MSCI USA Defensive Sectors Index. It is important to note that this fund operates as a non-diversified investment vehicle.

Fund profile

Sector allocation

PortView Portfolio Insights

PortView analyzes how RWCD fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.

Related securities

Related stocks

Frequently asked questions

What does RWCD track?

RWCD is the Direxion MSCI Cyclicals Over Defensives ETF, a Other ETF.

What is the expense ratio of RWCD?

Expense ratio data for RWCD is shown on the page when available from our data provider.

What are the largest holdings in RWCD?

RWCD's top holdings are listed on this page when available.

How can PortView analyze RWCD overlap with other ETFs?

PortView computes the holdings overlap between RWCD and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.