Direxion Daily MSCI Real Estate Bull 3X Shares (DRN)

NYSEARCA: DRN · IEX Real-Time Price · USD
14.72
-0.65 (-4.23%)
Jun 28, 2022 4:00 PM EDT - Market closed
-4.23%
Assets $72.99M
NAV $15.37
Expense Ratio 0.99%
PE Ratio 38.80
Shares Out 4.75M
Dividend (ttm) $1.36
Dividend Yield 9.22%
Ex-Dividend Date Jun 22, 2022
1-Year Return -33.48%
Volume 411,991
Open 14.63
Previous Close 15.37
Day's Range 14.64 - 15.92
52-Week Low 12.07
52-Week High 31.01
Beta 2.60
Holdings 36
Inception Date Jul 16, 2009

About DRN

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 provided by S&P Dow Jones Indices (the "index provider") and includes securities of companies from the following industries: real estate management and development and REITs, excluding mortgage REITs. It is non-diversified.

Asset Class Equity
Sector Real Estate
Region North America
Issuer Direxion Investments
Stock Exchange NYSEARCA
Ticker Symbol DRN
Index Tracked Real Estate Select Sector Index

Top 10 Holdings

79.93% of assets
Name Symbol Weight
Goldman Sachs FS Treasury Intms Instl FTIXX 28.43%
Dreyfus Government Secs Cash Mgmt Admin n/a 10.60%
American Tower AMT 8.80%
Prologis PLD 6.57%
Goldman Finl Sq Trsry Ins n/a 6.17%
Crown Castle International CCI 5.48%
Equinix EQIX 4.54%
Public Storage PSA 3.47%
Realty Income O 3.01%
Digital Realty Trust DLR 2.86%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Mar 22, 2022 $0.11798 Mar 29, 2022
Dec 9, 2021 $1.13166 Dec 16, 2021
Sep 21, 2021 $0.058 Sep 28, 2021
Jun 22, 2021 $0.0494 Jun 29, 2021
Mar 23, 2021 $0.04216 Mar 30, 2021
Dec 22, 2020 $0.03967 Dec 30, 2020
Full Dividend History

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 i...

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.

ETF Odds & Ends: Quiet Yet Eventful Week

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

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 Es...

Other symbols: DRVFASFAZRWGVRWVG

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.

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 homebuilding ...

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 t...

Other symbols: DRV

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.

Other symbols: CURELABDUTSL

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 marks...

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.

Other symbols: UCYBUSOYANG

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.

Other symbols: BRZUKORUUBR

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 m...

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).

6 Top Leveraged ETF Areas of Last Week

The S&P 500, the Dow Jones, the Nasdaq Composite and the small-cap Russell 2000 were all on an uptrend last week.

6 Top Leveraged Areas of Last Week

The S&P 500, the Dow Jones, the Nasdaq Composite and the small-cap Russell 2000 were all on an uptrend last week.

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 leverag...

Other symbols: DUSL

6 Best-Performing Leveraged ETF Areas of Last Week

Last week was all about vaccine hopes and a stupendous Wall Street rally.

Other symbols: DFENDPSTHIBL

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 the ...

Other symbols: DUSLFAS

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 week.

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Leveraged ETFs That Gained More Than 50% Last Week

The series of developments last week have spurred huge demand for leveraged ETFs as investors seek to register big gains in a shorter span of time.

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, this ...

Other symbols: DRV

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 mar...

Other symbols: DRVVNQ

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.

Other symbols: NAILUPWUREUTSL