Direxion Daily Real Estate Bull 3X SharesDirexion Daily Real Estate Bull 3X SharesDirexion Daily Real Estate Bull 3X Shares

Direxion Daily Real Estate Bull 3X Shares

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Key stats


Assets under management (AUM)
‪57.82 M‬USD
Fund flows (1Y)
‪−24.27 M‬USD
Dividend yield (indicated)
2.51%
Discount/Premium to NAV
−0.2%
Shares outstanding
‪6.15 M‬
Expense ratio
0.99%

About Direxion Daily Real Estate Bull 3X Shares


Issuer
Rafferty Asset Management LLC
Brand
Direxion
Inception date
Jul 16, 2009
Structure
Open-Ended Fund
Index tracked
S&P Real Estate Select Sector
Replication method
Synthetic
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
DRN provides 3x leveraged exposure to the Real Estate Select Sector Index. DRN has exposure to the large-cap segment of the US Real Estate Sector as defined by GICS. The Index applies certain caps to aid diversification rules imposed on RICs. The 25/50 constraint targets of the Index are: no group entity exceeds 25% of index weight, and all group entities with weight above 5% cannot exceed 50% of the index weight. DRN is designed to be a trading vehicle not a long-term investment product. The fund rebalances daily. As a result, compounding and path dependency make its long-term returns difficult to predict when compared with its underlying index. Prior to February 28, 2022, the fund was named Direxion Daily MSCI Real Estate Bull 3X Shares, and tracked the MSCI US IMI Real Estate 25/50 Index.

Classification


Asset Class
Equity
Category
Sector
Focus
Real estate
Niche
Broad-based
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Market cap
Selection criteria
Committee
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Cash
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to DRN via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
DRN trades at 9.68 USD today, its price hasn't changed in the past 24 hours. Track more dynamics on DRN price chart.
DRN net asset value is 9.70 today — it's risen 1.35% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
DRN assets under management is ‪57.82 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
DRN price has risen by 4.65% over the last month, and its yearly performance shows a 23.79% increase. See more dynamics on DRN price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.35% over the last month, showed a −14.32% decrease in three-month performance and has increased by 29.99% in a year.
DRN fund flows account for ‪−24.27 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
DRN invests in stocks. See more details in our Analysis section.
DRN expense ratio is 0.99%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, DRN is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, DRN technical analysis shows the buy rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating DRN shows the sell signal. See more of DRN technicals for a more comprehensive analysis.
Yes, DRN pays dividends to its holders with the dividend yield of 2.51%.
DRN trades at a premium (0.20%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
DRN shares are issued by Rafferty Asset Management LLC
DRN follows the S&P Real Estate Select Sector. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jul 16, 2009.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.