Direxion Daily Real Estate Bull 3X Shares (DRN)
Assets | $40.71M |
Expense Ratio | 0.96% |
PE Ratio | 29.31 |
Shares Out | 4.70M |
Dividend (ttm) | $0.24 |
Dividend Yield | 2.59% |
Ex-Dividend Date | Mar 21, 2023 |
Payout Ratio | 78.43% |
1-Year Return | -66.93% |
Volume | 412,450 |
Open | 9.13 |
Previous Close | 8.99 |
Day's Range | 9.09 - 9.35 |
52-Week Low | 7.34 |
52-Week High | 29.35 |
Beta | 2.58 |
Holdings | 38 |
Inception Date | Jul 16, 2009 |
About DRN
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 managed by Direxion.
Top 10 Holdings
828.00% of assetsName | Symbol | Weight |
---|---|---|
Simon Property Group, Inc. | SPG | 828,806,109.00% |
REAL ESTATE SELECT SECTOR INDEX SWAP | n/a | 126.07% |
REAL ESTATE SELECT SECTOR INDEX SWAP | n/a | 96.09% |
GOLDMAN FINL SQ TRSRY INST 506 | n/a | 22.33% |
Prologis, Inc. | PLD | 10.50% |
American Tower Corporation | AMT | 8.77% |
Equinix, Inc. | EQIX | 6.10% |
DREYFUS GOVT CASH MGMT | n/a | 5.50% |
Crown Castle Inc. | CCI | 5.38% |
Public Storage | PSA | 4.35% |
Dividends
Ex-Dividend | Amount | Pay Date |
---|---|---|
Mar 21, 2023 | $0.09401 | Mar 28, 2023 |
Dec 20, 2022 | $0.01437 | Dec 28, 2022 |
Sep 20, 2022 | $0.0876 | Sep 27, 2022 |
Jun 22, 2022 | $0.04457 | Jun 29, 2022 |
Mar 22, 2022 | $0.11798 | Mar 29, 2022 |
Dec 9, 2021 | $1.13166 | Dec 16, 2021 |
News

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...

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.

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 ...

5 Best-Performing Leveraged ETFs of Q4
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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...
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...

5 Top-Performing Leveraged/Inverse ETFs of July
While earnings optimism and a rebounding economy pushed the three major indices to new highs in July, concerns about the spread of the Delta variant of COVID-19 made investors jittery.

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...

4 Top-Performing Leveraged ETFs of Last Week
Last week was moderate for Wall Street. Rising virus cases probably weighed on the market sentiments slightly.

Top 4 Leveraged ETF Areas of Last Week
Wall Street was upbeat last week with the S&P 500, the Dow Jones, the Nasdaq Composite and the Russell 2000 adding 0.6%, 0.7%, 0.5% and 0.8%, respectively.

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...

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.

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).

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...

6 Best-Performing Leveraged ETF Areas of Last Week
Last week was all about vaccine hopes and a stupendous Wall Street rally.

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...

5 Leveraged ETFs That Jumped At Least 10% Last Week
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 wee...

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...

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...

How to Go Long on Rate Sensitive Sectors With ETFs
A rate cut is a boon to rate sensitive and high-yield sectors such as utilities and real estate.