Robert Nestor, President & CEO, Direxion met with Julie Cooling, Founder & CEO, RIA Channel to discuss the firm’s relative weight ETFs. The relative weight series allows advisors to capitalize on their views of long-term macro trends, like growth over value or developed over emerging markets, in a single ETF. For example, Direxion’s Growth Over Value ETF (RWGV), takes 150% long-only exposure to the Russell 1000 Growth Index and shorts the reciprocal, the Russell 1000 Value Index.“Investors will make their own decisions on where the direction of the markets are going,” says Nestor.
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