Direxion Russell Small Over Large Cap ETF
RWSL
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- IPO Date
- Jan 16, 2019
- CIK
- 0001424958
- Similar Companies
- Business
- Direxion Russell Small Over Large Cap ETF (RWSL) is an exchange-traded fund that seeks daily investment results, before fees and expenses, of 200% of the daily performance of the Russell 2000 Index minus 100% of the daily performance of the Russell 1000 Index; it employs a synthetic strategy utilizing swap agreements, futures contracts, and other financial instruments to achieve leveraged exposure to the relative performance of small-cap versus large-cap U.S. equities. The fund offers investors a tactical tool for expressing views on market capitalization rotations, with primary products including shares traded on major U.S. exchanges under the ticker RWSL; it targets sophisticated investors such as hedge funds, financial advisors, and retail traders seeking amplified short-term returns from small-cap outperformance scenarios. Direxion Shares ETF Trust, the issuer, operates globally with a focus on the U.S. market and is headquartered in Wilton, Connecticut; the ETF was launched in 2023 as part of Direxion's suite of leveraged and inverse daily ETFs. In recent developments, RWSL has seen expanded distribution through partnerships with leading broker-dealers and platforms amid heightened interest in factor-based and leveraged strategies following small-cap rallies in 2024-2025; Direxion announced enhancements to its leveraged ETF lineup in late 2024, including improved liquidity provisions and marketing initiatives for small-over-large cap products like RWSL to capitalize on ongoing market dispersion. No major acquisitions, funding rounds, or name changes have been reported for RWSL in the last 1-2 years, though the fund benefited from Direxion's strategic shift toward daily target ETFs tracking niche indices amid volatile equity rotations. The ETF serves the asset management industry segment, with no subsidiaries or parent relationships beyond the Direxion Shares ETF Trust structure.