Direxion Daily Real Estate Bull 3x Shares (DRN)

NYSEARCA: DRN · IEX Real-Time Price · USD
9.03
-0.02 (-0.22%)
Feb 20, 2024, 4:00 PM EST - Market closed
-0.22%
Assets $63.38M
Expense Ratio 1.01%
PE Ratio 29.59
Shares Out 7.05M
Dividend (ttm) $0.30
Dividend Yield 3.34%
Ex-Dividend Date Dec 21, 2023
Payout Ratio 99.86%
1-Year Return -19.26%
Volume 603,319
Open 8.95
Previous Close 9.05
Day's Range 8.79 - 9.18
52-Week Low 5.54
52-Week High 11.57
Beta 3.14
Holdings 35
Inception Date Jul 16, 2009

About DRN

Fund Home Page

The Direxion Daily Real Estate Bull 3x Shares (DRN) is an exchange-traded fund that is based on the S&P Real Estate Select Sector index. The fund provides 3x leveraged exposure to an index that captures large cap equities of the US real estate segment. DRN was launched on Jul 16, 2009 and is issued by Direxion.

Asset Class Equity
Category Trading--Leveraged Equity
Region North America
Stock Exchange NYSEARCA
Ticker Symbol DRN
ETF Provider Direxion
Index Tracked S&P Real Estate Select Sector

Top 10 Holdings

300.12% of assets
Name Symbol Weight
REAL ESTATE SELECT SECTOR INDEX SWAP n/a 143.93%
REAL ESTATE SELECT SECTOR INDEX SWAP n/a 89.86%
GOLDMAN FINL SQ TRSRY INST 506 n/a 20.69%
DREYFUS GOVT CASH MAN INS n/a 15.78%
Prologis, Inc. PLD 8.40%
American Tower Corporation AMT 5.94%
Equinix, Inc. EQIX 5.47%
Welltower Inc. WELL 3.51%
Simon Property Group, Inc. SPG 3.33%
Crown Castle Inc. CCI 3.20%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Dec 21, 2023 $0.07009 Dec 29, 2023
Sep 19, 2023 $0.06532 Sep 26, 2023
Jun 21, 2023 $0.07256 Jun 28, 2023
Mar 21, 2023 $0.09401 Mar 28, 2023
Dec 20, 2022 $0.01437 Dec 28, 2022
Sep 20, 2022 $0.0876 Sep 27, 2022
Full Dividend History

News

Commercial Real Estate Could Bring Out More Bears

Higher interest rates aren't just a thorn in the side of prospective residential real estate buyers and owners. Additionally, commercial real estate is feeling the pangs of a high-rate environment.

4 months ago - ETF Trends

Top Performing Leveraged/Inverse ETFs: 07/02/2023

Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Other symbols: EVAVHIBLTPORCONL
8 months ago - ETF Trends

A Real Estate Recovery Is Just What This Leveraged ETF Needs

A summer real estate market should help heat up the sector amid relatively high interest rates. If the real estate market is indeed in recovery mode, that's just what it needs for bullish momentum.

Other symbols: DRV
8 months ago - ETF Trends

Top Performing Leveraged/Inverse ETFs: 04/02/2023

These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Other symbols: EVAVTPORUCOWANT
11 months ago - ETF Trends

Positive Housing Starts Could Propel This Real Estate ETF

Housing starts were better than expected during the month of March, raising the prospect that the real estate sector may not be hurting amid rising interest rates. “US housing starts unexpectedly rose...

1 year ago - ETF Trends

Top Performing Leveraged/Inverse ETFs: 04/03/2022

Top Performing Levered/Inverse ETFs Last Week These were last week's top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

2 years ago - ETF Trends

ETF Odds & Ends: Quiet Yet Eventful Week

Global events seem to have put a damper on the U.S. ETF industry.

Other symbols: BBAXBGRNDRVFASFAZ
2 years ago - ETFcom

Direxion Makes Index, Expense Ratio Changes

Direxion had a number of index changes that will be effective on or about April 22nd, 2022. They are: Direxion Daily MSCI Real Estate Bull 3X Shares (DRV) Fund name changed to the Direxion Daily Real ...

Other symbols: DRVFASFAZ
2 years ago - ETF Trends

Top Performing Leveraged/Inverse ETFs: 01/02/2022

Top Performing Levered/Inverse ETFs Last Week These were last week's top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

2 years ago - ETF Trends

2022 Could Bring More Growth for Homebuilders, Says Credit Agency

As real estate prices continue to climb, homebuilders could continue to see growth in 2022 if the sector can overcome forthcoming headwinds. Credit agency firm Fitch Ratings notes that the homebuildin...

2 years ago - ETF Trends

Will China's Real Estate Woes Cause Bearishness in the U.S.?

China's Evergrande crisis exposed cracks in the country's real estate sector, and this could have a domino effect on other countries around the globe, including the U.S. — or could it? The U.S. is all...

Other symbols: DRV
2 years ago - ETF Trends

Looking for Access to the Ultra-Hot Real Estate Market?

Home prices reached a zenith during the month of June, which should open up opportunities for traders using the Direxion Daily MSCI Real Estate Bull 3X ETF (DRN). In the meantime, summer typically mar...

2 years ago - ETF Trends

Real Estate Is Changing. Two Leveraged ETFs Are On Top of It

The real estate market might be in an inflection point, feeding into bullish strength for the Direxion Daily MSCI Real Estate Bull 3X ETF (DRN). “Despite the coronavirus's negative impact, the housing...

3 years ago - ETF Trends

As Real Estate Investors Targets Medical Property, Watch ‘DRN'

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.

3 years ago - ETF Trends

The DRN ETF: Put Soaring Real Estate Prices to Work for You

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).

3 years ago - ETF Trends

Two Leveraged ETFs to Watch Out for in 2021

Traders looking for opportunities in 2021 may want to give industrials and real estate a look, which have both been affected by the pandemic in some form or fashion. In particular, they can play lever...

Other symbols: DUSL
3 years ago - ETF Trends

3 Leveraged ETFs that Could Profit from a Blue Wave

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 th...

Other symbols: DUSLFAS
3 years ago - ETF Trends

Mortgage Rates Could Drop to Under 3% Due to Fed Bond-Buying

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, thi...

Other symbols: DRV
4 years ago - ETF Trends

Can Lower Mortgage Rates Prop Up Real Estate ETFs?

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 m...

Other symbols: DRVVNQ
4 years ago - ETF Trends

Look to Defensive Sectors Like Real Estate for Volatility Protection

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 marke...

Other symbols: DRVVNQ
4 years ago - ETF Trends

A Housing Boom in These Four Cities Could Boost Real Estate ETFs

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.

Other symbols: DRVVNQ
4 years ago - ETF Trends

Industry Expert: Technology, Millennials Will Drive Future of Real Estate

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.

4 years ago - ETF Trends

Real Estate ETFs Bounce From Key Support

Real estate sits among the market's top-performing sectors in 2019. Join the momentum by trading a pullback in these real estate ETFs.

Other symbols: IYRURE
4 years ago - Investopedia

Can Low Interest Rates Keep Real Estate ETFs Afloat?

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 exchan...

Other symbols: DRV
4 years ago - ETF Trends

After A Year Of Volatility, Which Sector ETFs Are In the Black?

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 extraordinar...

Other symbols: DFENNAILUTSL
4 years ago - ETF Trends