VSPY Direxion S&P 500 RC Volatility Response Shares

  • ETF
  • VSPY
  • Category
  • Large Cap Blend Equities
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Profile

Vitals

Investment Themes

Alternative ETFs in the Large Cap Blend Equities Category

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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

Realtime Rating

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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+ SPY
Expenses B- SCHX
Performance
Volatility
Dividend
Concentration

Knowledge Center

VSPY In-Depth Analysis

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

Holdings

VSPY Holdings

Filings Data as of: Feb 02, 2016
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Top Ten Holdings

  1. SPDR® S&P 500 ETF
    59.54%

Concentration Analysis

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

Number of Holdings
Rank:
2
Category Low
Category High
% Assets in Top 10
Rank:
59.54%
Category Low
Category High

Asset Allocation

Asset Percentage
U.S. Stocks 58.77%
International Stocks 0.44%
U.S. Bonds 0.0%
International Bonds 0.0%
Preferred Stock 0.0%
Convertibles 0.0%
Cash 40.79%
Other 0.0%

Sector Breakdown

Sector Percentage
Technology 11.0%
Health Care 9.27%
Financial Services 8.99%
Consumer Cyclical 6.66%
Industrials 6.42%
Consumer Defensive 5.91%
Energy 3.84%
Communication Services 2.48%
Utilities 1.76%
Basic Materials 1.56%
Real Estate 1.31%

Market Cap Breakdown

Market Cap Percentage
Giant 29.34%
Large 21.19%
Medium 7.69%
Small 0.11%
Micro 0.0%

Region Breakdown

Region Percentage
U.S. 58.77%
Europe 0.14%
Asia (Emerging) 0.13%
Asia (Developed) 0.04%
Japan 0.0%
Africa 0.0%
Australia 0.0%
Latin America 0.0%
Canada 0.0%
Middle East 0.0%

Market Tier Breakdown

Region Percentage
Developed 59.08%
Emerging 0.13%

Country Breakdown

Country Percentage
United States 58.77%
Switzerland 0.14%
United Kingdom 0.14%
China 0.13%
Singapore 0.04%
Other 40.78%
Expense

VSPY Expenses & Fees

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

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Expenses Ratio Analysis

Expense Ratio
Rank:
0.45%
Category Low
Category High

Commission Free Trading

This ETF 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 this ETF has performed relative to its peer group ETFdb Category.

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1 Week Return
Rank:
-1.26%
Category Low
Category High
4 Week Return
Rank:
-1.89%
Category Low
Category High
13 Week Return
Rank:
-6.07%
Category Low
Category High
26 Week Return
Rank:
-12.28%
Category Low
Category High
Year to Date Return
Rank:
-5.05%
Category Low
Category High
1 Year Return
Rank:
-11.25%
Category Low
Category High
3 Year Return
Rank:
19.70%
Category Low
Category High
5 Year Return
Rank:
No Ranking Available
Category Low
Category High
Charts

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 this ETF compares to the peer group ETFdb Category.

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P/E Ratio
Rank:
17.22
Category Low
Category High

As of Feb 11, 2016

Dividend

VSPY Dividend

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

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Annual Dividend Yield
Rank:
1.55%
Category Low
Category High

As of Feb 11, 2016

Technicals

VSPY Technicals

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Volatility Analysis

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

5 Day Volatility
Rank:
28.19%
Category Low
Category High
20 Day Volatility
Rank:
8.85%
Category Low
Category High
50 Day Volatility
Rank:
9.91%
Category Low
Category High
200 Day Volatility
Rank:
8.54%
Category Low
Category High
Beta
Rank:
0.46
Category Low
Category High
Standard Deviation
Rank:
2.57%
Category Low
Category High

Technicals

  • 20 Day MA: $52.44
  • 60 Day MA: $53.85
  • MACD 15 Period: -0.60
  • MACD 100 Period: -2.29
  • Williams % Range 10 Day: 99.15
  • Williams % Range 20 Day: 98.32
  • RSI 10 Day: 33
  • RSI 20 Day: 36
  • RSI 30 Day: 38
  • Ultimate Oscillator: 38

Bollinger Bands

  • Lower Bollinger (10 Day): $51.79
  • Upper Bollinger (10 Day): $52.94
  • Lower Bollinger (20 Day): $51.85
  • Upper Bollinger (20 Day): $53.02
  • Lower Bollinger (30 Day): $51.42
  • Upper Bollinger (30 Day): $54.14

Support & Resistance

  • Support Level 1: $51.83
  • Support Level 2: $51.83
  • Resistance Level 1: $51.84
  • Resistance Level 2: $51.85

Stochastic

  • Stochastic Oscillator %D (1 Day): 61.54
  • Stochastic Oscillator %D (5 Day): 27.16
  • Stochastic Oscillator %K (1 Day): 49.96
  • Stochastic Oscillator %K (5 Day): 38.72
Fact Sheet

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.