ETFdb Realtime Rating & Analyst Report for MWJ
MWJ is a leveraged ETF that is linked to the Russell Midcap Index (300%). The Russell Midcap Index measures the performance of the mid-cap segment of the U.S. equity universe. The Russell Midcap Index is a subset of the Russell1000 Index. It includes approximately 800 of the smallest securities based on a combination of their market cap and current index membership.
| ETFdb Category | Expense Ratio | Inception Date | Issuer | Structure | YTD Return * |
|---|---|---|---|---|---|
| Leveraged Equities | 0.95% | 2009-01-08 | Direxion | ETF | +7.22% |
* As of 05-24-2012
MWJ Realtime Rating: By Metric
| Metric | Metric Realtime Rating | A+ Metric Rated ETF |
|---|---|---|
| Liquidity | B+ | TZA |
| Expenses | C | SFSA |
| Performance |  |
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| Volatility | |
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| Dividend | |
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| Concentration | |
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The first adjacent table gives investors an individual Realtime Rating for MWJ on several different metrics, including liquidity, expenses, performance, volatility, dividend, and concentration of holdings. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Leveraged Equities ETFdb Category with the highest Metric Realtime Rating for each individual field.
MWJ Realtime Rating: Overall
| ETFdb Rating Type | Overall Rating | A+ Overall Rated ETF |
|---|---|---|
| Realtime Rating (Overall) | |
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The second table shows the overall Realtime Rating for MWJ, as well as the A+ Overall Rated ETF in MWJ's Category. To view information on how the ETFdb Realtime Ratings work, click here.
ETFdb Analyst Report for MWJ
This ETF offers 3x daily long leverage to the Russell Midcap Index, making it a powerful tool for investors with a bullish short-term outlook for MidCap U.S. equities. Investors should note that MWJ's leverage resets on a daily basis, which results in compounding of returns when held for multiple...
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