DRN - Direxion Daily MSCI Real Estate Bull 3X Shares
|Ex-Dividend Date||Mar 23, 2021|
|Trading Day||April 20|
|Day's Range||18.05 - 18.70|
|52-Week Range||6.14 - 18.70|
The investment seeks daily investment results of 300% of the daily performance of the MSCI US IMI Real Estate 25/50 Index. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index is designed to measure the performance of the large-, mid- and small-capitalization segments of the U.S. equity universe that are classified in the real estate sector as per the GICS. It is non-diversified.
|Asset Class |
|Inception Date |
Jul 16, 2009
|Ticker Symbol |
|Index Tracked |
MSCI US REIT Index
Top 10 Holdings81.82% of assets
|MSCI US IMI 25/50 Real Estate Price USD Index SWAP||n/a||18.89%|
|MSCI US IMI 25/50 Real Estate Price USD Index SWAP||n/a||18.75%|
|MSCI US IMI 25/50 Real Estate Price USD Index SWAP||n/a||16.75%|
|MSCI US IMI 25/50 Real Estate Price USD Index SWAP||n/a||14.75%|
|DREYFUS GOVT CASH MGMT||n/a||3.69%|
|DREYFUS GOVT CASH MGMT||n/a||2.98%|
|GOLDMAN FINL SQ TRSRY INST 506||n/a||1.92%|
|Mar 23, 2021||$0.042||Mar 30, 2021|
|Dec 22, 2020||$0.04||Dec 30, 2020|
|Sep 22, 2020||$0.026||Sep 29, 2020|
|Jun 23, 2020||$0.02||Jun 30, 2020|
|Mar 24, 2020||$0.155||Mar 31, 2020|
|Dec 12, 2019||$0.403||Dec 19, 2019|
The pandemic obviously did no favors for commercial real estate. That tide is turning, with the Direxion Daily MSCI Real Estate Bull 3X ETF (DRN) up almost 40% year-to-date.
The economic laws of supply and demand are still favoring higher housing prices in the real estate market. This in turn could fuel big gains for the Direxion Daily MSCI Real Estate Bull 3X ETF (DRN).
Last week was all about vaccine hopes and a stupendous Wall Street rally.
A Democratic “blue wave” in the White House is already prompting traders to position themselves for gains should a new administration under presidential hopeful Joe Biden take over as the leader of the ...
Upbeat technology earnings releases, extremely downbeat U.S. GDP data for the second quarter, rise in virus cases and vaccine hopes were the key factors that pulled the strings of the markets last week.
As part of its efforts to stem the tide of the coronavirus contagion in the capital markets, the Federal Reserve ramped up its bond-buying in addition to slashing interest rates to zilch. In turn, this ...
The 10-year Treasury yield hit below 1% after the Federal Reserve instituted a 50-basis point cut on Tuesday, sending the markets in a daze as coronavirus fears continue to roil the major U.S. stock mar...
A rate cut is a boon to rate sensitive and high-yield sectors such as utilities and real estate.
While a global spread of the coronavirus could erase U.S. corporate growth completely in 2020 according to Goldman Sachs, there are certain sectors that could help mute volatility blaring in the markets...
Low mortgage rates can help spur more real estate buying activity among prospective homeowners, especially in hot housing markets that are primed for a boom.
Traders looking to the real estate sector will want to keep an eye out for the primary drivers in the industry, and according to one market expert, that will be technology and millennials.
The housing market is replete with lenders offering low interest rates, but not enough in the supply arena to keep would-be home buyers appeased. Can the current housing market keep real estate exchange...
By Direxion It might seem like ages ago in market-time, but this September marked one year since the major indexes posted their highest readings of 2018. While that by itself might not be extraordinaril...
Investors could make a short-term bullish play on the rate-sensitive sectors as these spaces will continue to trade smoothly if interest rates remain steady or decline in future.