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Direxion MSCI USA ESG - Leaders vs. Laggards ETF (ESNG)

ETF · Currency in USD
ISIN
US25460G3020
Issuer
Direxion
Inception Date
Feb 5, 2020
Region
North America (U.S.)
Category
Long-Short
Expense Ratio
0.42%
Index Tracked
MSCI USA ESG Universal Top - Bottom 150/50 Return Spread Index
ETF Home Page
www.direxion.com
Asset Class
Equity

Asset Class Size

Large-Cap

Asset Class Style

Blend

ESNGPrice Chart


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ESNGPerformance

The chart shows the growth of $10,000 invested in Direxion MSCI USA ESG - Leaders vs. Laggards ETF on Feb 6, 2020 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $13,683 for a total return of roughly 36.83%. All prices are adjusted for splits and dividends.


ESNG (Direxion MSCI USA ESG - Leaders vs. Laggards ETF)
Benchmark (S&P 500)

ESNGReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-2.08%-1.47%
6M14.99%11.79%
YTD21.77%18.29%
1Y29.31%34.70%
5Y21.03%19.09%
10Y21.03%19.09%

ESNGMonthly Returns Heatmap


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ESNGSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Direxion MSCI USA ESG - Leaders vs. Laggards ETF Sharpe ratio is 1.93. A Sharpe ratio greater than 1.0 is considered acceptable.

The chart below displays rolling 12-month Sharpe Ratio.


ESNG (Direxion MSCI USA ESG - Leaders vs. Laggards ETF)
Benchmark (S&P 500)

ESNGDividends


Direxion MSCI USA ESG - Leaders vs. Laggards ETF doesn't pay dividends

ESNGDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


ESNG (Direxion MSCI USA ESG - Leaders vs. Laggards ETF)
Benchmark (S&P 500)

ESNGWorst Drawdowns

The table below shows the maximum drawdowns of the Direxion MSCI USA ESG - Leaders vs. Laggards ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Direxion MSCI USA ESG - Leaders vs. Laggards ETF is 30.16%, recorded on Mar 23, 2020. It took 72 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-30.16%Feb 20, 202023Mar 23, 202072Jul 6, 202095
-9.92%Sep 3, 202041Oct 30, 20206Nov 9, 202047
-6.37%Feb 16, 202113Mar 4, 202115Mar 25, 202128
-4.88%Nov 25, 202026Jan 4, 202125Feb 9, 202151
-3.34%May 10, 20213May 12, 202116Jun 4, 202119
-3.03%Sep 8, 20218Sep 17, 2021
-2.57%Jul 15, 20213Jul 19, 20212Jul 21, 20215
-2.19%Jun 15, 20214Jun 18, 20217Jun 29, 202111
-2.13%Jul 23, 20202Jul 24, 20209Aug 6, 202011
-1.94%Nov 17, 20204Nov 20, 20202Nov 24, 20206

ESNGVolatility Chart

Current Direxion MSCI USA ESG - Leaders vs. Laggards ETF volatility is 8.00%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


ESNG (Direxion MSCI USA ESG - Leaders vs. Laggards ETF)
Benchmark (S&P 500)

Portfolios with Direxion MSCI USA ESG - Leaders vs. Laggards ETF


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