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Direxion Russell Small Over Large Cap ETF (RWSL) Holdings

For informational purposes only. Not financial advice.

Quick Answer

Direxion Russell Small Over Large Cap ETF (RWSL) has a 0.59% expense ratio and $3M in assets under management. Holdings and weights below are as of Mar 15, 2026.

In the stored portfolio snapshot, the largest listed holding is iShares Russell 2000 ETF (IWM) at 95.46%, and the largest sector allocation is Healthcare at 18.2%.

Data Sources: Yahoo Finance · Financial Modeling Prep

Direxion Russell Small Over Large Cap ETF (RWSL) ETF — Price, Holdings & Analysis

ETF Overview

RWSL is designed for investors who believe small-cap stocks will outperform large-cap stocks. The ETF achieves this by tracking the Russell 2000/Russell 1000 150/50 Net Spread Index, which provides 150% long exposure to the Russell 2000 Index (small-cap) and 50% short exposure to the Russell 1000 Index (large-cap). This strategy aims to capture the spread between the performance of these two market segments. The fund invests primarily in securities that comprise the long component of the index, with a significant portion (95.46%) of its assets currently allocated to the iShares Russell 2000 ETF (IWM). Sector allocation is diverse, with significant exposure to Healthcare (18.2%), Industrials (16.6%), and Financial Services (16.2%). Technology comprises 13.2% of the portfolio. RWSL is non-diversified, which means it may be subject to greater volatility than a diversified fund. Past performance does not guarantee future results.

Risk Metrics

RWSL's investment strategy carries specific risks. Its non-diversified status means that a significant portion of its assets are concentrated in a single holding (iShares Russell 2000 ETF), increasing concentration risk. The fund's sector allocation, with significant exposure to Healthcare, Industrials and Financial Services, exposes it to sector-specific risks. The expense ratio of 0.59% will create a drag on performance, especially in periods of low returns. The fund's structure, which involves both long and short positions, can be complex and may not perform as expected if the relationship between small-cap and large-cap stocks changes. Investors should be aware that the fund's beta is 0.00, indicating it has not been tracking with the market. Past performance does not guarantee future results.
  • Beta: 0.00

Expense Ratio

0.59%

What does RWSL hold?

HoldingWeight
iShares Russell 2000 ETF (IWM)95.46%

This fund data is more than 45 days old; verify current holdings with the issuer.

How Is the Fund Allocated?

SectorWeight
Healthcare18.2%
Industrials16.6%
Financial Services16.2%
Technology13.2%
Consumer Cyclical9.8%
Real Estate9.1%
Consumer Defensive3.8%
Utilities3.7%
Basic Materials3.6%
Energy3.2%
Communication Services2.6%

Dividend Yield

1.30%

Questions & Answers

What is RWSL and what does it track?

The Direxion Russell Small Over Large Cap ETF (RWSL) is an exchange-traded fund that seeks to track the Russell 2000/Russell 1000 150/50 Net Spread Index.

This index measures the performance of a portfolio that has 150% long exposure to the Russell 2000 Index (small-cap stocks) and 50% short exposure to the Russell 1000 Index (large-cap stocks).

What is the expense ratio for RWSL?

The expense ratio for the Direxion Russell Small Over Large Cap ETF (RWSL) is 0.59%. This means that for every $10,000 invested in the fund, $59 is used to cover the fund's operating expenses annually.

While this is higher than some broad market ETFs, it is important to consider the specialized strategy of the fund when evaluating its cost.

What are the top holdings in RWSL?

As of 2026-03-15, the top holding in the Direxion Russell Small Over Large Cap ETF (RWSL) is the iShares Russell 2000 ETF (IWM), comprising 95.46% of the fund's assets.

This indicates that RWSL primarily achieves its long exposure to small-cap stocks through investment in this ETF.

Is RWSL a good long-term investment?

Whether RWSL is a suitable long-term investment depends on an investor's specific goals, risk tolerance, and outlook on the relative performance of small-cap and large-cap stocks.

RWSL's strategy is designed to capture the spread between these two market segments, which can be influenced by economic cycles and market sentiment.

How does RWSL compare to similar ETFs?

RWSL differentiates itself through its unique long/short strategy, providing 150% long exposure to the Russell 2000 (small-cap) and 50% short exposure to the Russell 1000 (large-cap). Many ETFs focus on either long-only exposure to small-cap or large-cap stocks.

RWSL's expense ratio is 0.59%.

Does RWSL pay dividends?

Yes, RWSL does pay dividends. The current dividend yield for RWSL is 1.30%. This yield represents the annual dividend payment as a percentage of the fund's current net asset value (NAV).

Dividend payments can vary over time and are not guaranteed. Investors seeking income may find RWSL's dividend yield an attractive feature, but should also consider the fund's overall investment strategy and risk profile.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Data provided for informational purposes only.

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