VSPY Direxion S&P 500 RC Volatility Response Shares

  • ETF
  • VSPY
  • Category
  • Large Cap Blend Equities
Share
Last Updated:

VSPY - Profile

Vitals

Investment Themes

Alternative ETFs in the Large Cap Blend Equities Category

Sign Up for Pro to Unlock Data Sign Up
Type Ticker Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest
Largest (AUM)
Most Liquid (Volume)
Top YTD Performer

Description

The S&P 500 Dynamic Rebalancing Risk Control Index is designed to respond to the volatility of the S&P 500 Index. The S&P 500 Index measures the large capitalization segment of the domestic equity market, composed of stocks of the 500 domestic companies with the largest capitalization. The Index is composed of equity securities of the S&P 500 Index (the “Stock Component”) and fixed income securities, including U.S. Treasury Bills (the “Cash Component”). The Index responds to volatility by establishing a specific volatility target that adjusts the Index’s components among an allocation to the Stock Component and the Cash Component based upon realized exponentially-weighted historical volatility of the S&P 500 Index. The exponentially-weighted historical volatility calculation weights the more recent historical periods more heavily than older periods. As these volatility targets are met, the Index may be rebalanced as frequently as daily.

Realtime Rating

VSPY - Realtime Rating

Sign Up for Pro to Unlock Data Sign Up

Realtime Rating Summary

VSPY is a passive ETF that seeks to replicate S&P 500 Dynamic Rebalancing Risk Control Index. The S&P 500 Dynamic Rebalancing Risk Control Index is designed to respond to the volatility of the S&P 500 Index. The S&P 500 Index measures the large capitalization segment of the domestic equity market, composed of stocks of the 500 domestic companies with the largest capitalization. The Index is composed of equity securities of the S&P 500 Index (the “Stock Component”) and fixed income securities, including U.S. Treasury Bills (the “Cash Component”). The Index responds to volatility by establishing a specific volatility target that adjusts the Index’s components among an allocation to the Stock Component and the Cash Component based upon realized exponentially-weighted historical volatility of the S&P 500 Index. The exponentially-weighted historical volatility calculation weights the more recent historical periods more heavily than older periods. As these volatility targets are met, the Index may be rebalanced as frequently as daily.

The adjacent table gives investors an individual Realtime Rating for VSPY on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Large Cap Blend Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.

VSPY Overall Realtime Rating:

A+ Overall Rated ETF:

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity C+ n/a
Expenses B n/a
Performance
Volatility
Dividend
Concentration

Knowledge Center

Sector ETFs

Alternative ETFs

Vanguard Center

Emerging Market ETFs

VSPY In-Depth Analysis

The following tables and charts contain in-depth metrics for VSPY and compare it to similar peer ETFs within its ETFdb Category.

Holdings

VSPY - Holdings

Filings Data as of: Aug 04, 2015
Sign Up for Pro to Unlock Data Sign Up

Concentration Analysis

This section compares how balanced and deep VSPY is relative to the peer group ETFdb Category.

Number of Holdings
VSPY Rank:
VSPY 502
Category Low
Category High
% Assets in Top 10
VSPY Rank:
VSPY 17.26%
Category Low
Category High

VSPY Asset Allocation

Asset Percentage
U.S. Stocks 98.59%
International Stocks 1.3%
U.S. Bonds 0.0%
International Bonds 0.0%
Preferred Stock 0.0%
Convertibles 0.0%
Cash -0.36%
Other 0.47%

VSPY Sector Breakdown

Sector Percentage
Technology 17.83%
Health Care 15.96%
Financial Services 15.13%
Consumer Cyclical 10.99%
Industrials 10.86%
Consumer Defensive 9.34%
Energy 7.86%
Communication Services 4.02%
Basic Materials 2.97%
Utilities 2.83%
Real Estate 2.11%

VSPY Market Cap Breakdown

Market Cap Percentage
Giant 51.67%
Large 35.56%
Medium 11.75%
Small 0.1%
Micro 0.0%

VSPY Region Breakdown

Region Percentage
U.S. 98.59%
Europe 0.81%
Asia (Emerging) 0.19%
Asia (Developed) 0.08%
Japan 0.0%
Africa 0.0%
Australia 0.0%
Latin America 0.0%
Canada 0.0%
Middle East 0.0%

VSPY Market Tier Breakdown

Region Percentage
Developed 99.7%
Emerging 0.19%

VSPY Country Breakdown

Country Percentage
United States 98.59%
Ireland 0.68%
Switzerland 0.21%
China 0.19%
United Kingdom 0.13%
Singapore 0.08%
Other 0.12%
Expense

VSPY - Expenses & Fees

This section compares the cost efficiency of VSPY to peers in the same ETFdb Category.

Sign Up for Pro to Unlock Data Sign Up

Expenses Ratio Analysis

Expense Ratio
VSPY Rank:
VSPY 0.45%
Category Low
Category High

Commission Free Trading in VSPY

VSPY is currently available for commission free trading on the following platforms: (Charles Schwab)

Category Commission Free Trading

There are 15 other ETFs in the Large Cap Blend Equities ETFdb Category that are also eligible for commission free trading:

Performance

VSPY - Performance

This section shows how VSPY has performed relative to its peer group ETFdb Category.

Sign Up for Pro to Unlock Data Sign Up
1 Week Return
VSPY Rank:
VSPY -3.15%
Category Low
Category High
4 Week Return
VSPY Rank:
VSPY -9.30%
Category Low
Category High
13 Week Return
VSPY Rank:
VSPY -9.02%
Category Low
Category High
26 Week Return
VSPY Rank:
VSPY -8.36%
Category Low
Category High
Year to Date Return
VSPY Rank:
VSPY -7.56%
Category Low
Category High
1 Year Return
VSPY Rank:
VSPY -8.16%
Category Low
Category High
3 Year Return
VSPY Rank:
VSPY 33.74%
Category Low
Category High
5 Year Return
VSPY Rank:
No Ranking Available
Category Low
Category High
Charts

VSPY - Charts

The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.

The following chart also includes the option to compare the performance of VSPY relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.

Valuation

VSPY - Valuation

This section shows how the P/E multiple of VSPY compares to the peer group ETFdb Category.

Sign Up for Pro to Unlock Data Sign Up
P/E Ratio
VSPY Rank:
VSPY 18.16
Category Low
Category High

As of Aug 28, 2015

Dividend

VSPY - Dividend

This section shows how the dividend yield of VSPY compares to the peer group ETFdb Category.

Sign Up for Pro to Unlock Data Sign Up
Annual Dividend Yield
VSPY Rank:
VSPY 1.29%
Category Low
Category High

As of Aug 28, 2015

Technicals

VSPY - Technicals

Sign Up for Pro to Unlock Data Sign Up

VSPY Volatility Analysis

This section shows how the volatility of VSPY compares to the peer group ETFdb Category.

5 Day Volatility
VSPY Rank:
VSPY 45.74%
Category Low
Category High
20 Day Volatility
VSPY Rank:
VSPY 22.62%
Category Low
Category High
50 Day Volatility
VSPY Rank:
VSPY 17.40%
Category Low
Category High
200 Day Volatility
VSPY Rank:
VSPY 14.15%
Category Low
Category High
Beta
VSPY Rank:
VSPY 0.92
Category Low
Category High
Standard Deviation
VSPY Rank:
VSPY 1.12%
Category Low
Category High

VSPY Technicals

  • 20 Day MA: $58.17
  • 60 Day MA: $59.18
  • MACD 15 Period: -2.89
  • MACD 100 Period: -4.74
  • Williams % Range 10 Day: 49.62
  • Williams % Range 20 Day: 51.42
  • RSI 10 Day: 29
  • RSI 20 Day: 33
  • RSI 30 Day: 36
  • Ultimate Oscillator: 48

VSPY Bollinger Bands

  • Lower Bollinger (10 Day): $51.63
  • Upper Bollinger (10 Day): $61.54
  • Lower Bollinger (20 Day): $53.43
  • Upper Bollinger (20 Day): $62.80
  • Lower Bollinger (30 Day): $54.48
  • Upper Bollinger (30 Day): $62.99

VSPY Support & Resistance

  • Support Level 1: $54.54
  • Support Level 2: $54.40
  • Resistance Level 1: $54.92
  • Resistance Level 2: $55.16

VSPY Stochastic

  • Stochastic Oscillator %D (1 Day): 49.04
  • Stochastic Oscillator %D (5 Day): 60.30
  • Stochastic Oscillator %K (1 Day): 49.19
  • Stochastic Oscillator %K (5 Day): 47.15
Fact Sheet

VSPY - Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETFdb.com. Information contained within the fact sheet is not guaranteed to be timely or accurate.

2014 Morningstar, Inc. All Rights Reserved. The information contained herein: ( 1 ) is proprietary to Morningstar and/or its content providers; ( 2 ) may not be copied or distributed; and ( 3 ) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.