Key stats
About Direxion Daily Real Estate Bull 3X Shares
Home page
Inception date
Jul 16, 2009
Structure
Open-Ended Fund
Replication method
Synthetic
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Cash
Stocks75.36%
Finance73.18%
Technology Services2.18%
Bonds, Cash & Other24.64%
Cash24.64%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DRN invests in stocks. The fund's major sectors are Finance, with 73.18% stocks, and Technology Services, with 2.18% of the basket. The assets are mostly located in the North America region.
DRN last dividends amounted to 0.06 USD. The quarter before, the issuer paid 0.04 USD in dividends, which shows a 31.64% increase.
DRN assets under management is 59.43 M USD. It's risen 1.81% over the last month.
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.
Yes, DRN pays dividends to its holders with the dividend yield of 2.51%. The last dividend (Apr 1, 2025) amounted to 0.06 USD. The dividends are paid quarterly.
DRN shares are issued by Rafferty Asset Management LLC under the brand Direxion. The ETF was launched on Jul 16, 2009, and its management style is Passive.
DRN expense ratio is 0.99% meaning you'd have to pay 0.99% of your investment to help manage the fund.
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.
DRN invests in stocks.
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.
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 trades at a premium (0.20%) meaning the ETF is trading at a higher price than the calculated NAV.