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RTM

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1d
1w
1m

Analysis and statistics

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About

RTM.US refers to the Direxion Russell 1000 Momentum Factor ETF. This ETF seeks investment results that correlate generally to the performance, before fees and expenses, of the Russell 1000 Momentum Factor Index. The index is designed to measure the performance of securities from the Russell 1000 Index that exhibit relatively higher momentum characteristics. The fund invests in a diversified portfolio of U.S. large-cap stocks, selecting and weighting them based on their momentum scores. It is rebalanced and reconstituted periodically to maintain its exposure to high-momentum stocks.
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Factors

FactorName: Supply and demand for the RTM.US ETF shares. High demand typically pushes the price up, while increased supply can lead to a price decrease.

FactorName: Performance of the underlying Russell 2000 index. RTM.US seeks to mirror this index's performance, so the index's movement is crucial.

FactorName: Changes in interest rates. Rising rates may make bonds or other investments more attractive, potentially reducing demand for RTM.US.

FactorName: Overall economic conditions. Economic growth can positively affect small-cap companies (included in the Russell 2000), driving the ETF's price higher.

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