Direxion Daily Real Estate Bull 3X Shares (DRN)

NYSEARCA: DRN · IEX Real-Time Price · USD
9.28
+0.29 (3.17%)
Mar 31, 2023, 11:46 AM EDT - Market open
3.17%
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.

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

Top 10 Holdings

828.00% of assets
Name 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%
View More Holdings

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
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...

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.

1 year 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: BBAXBGRNCPIDRVFASFAZ
1 year 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
1 year 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.

1 year ago - ETF Trends

5 Best-Performing Leveraged ETFs of Q4

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1 year ago - Zacks Investment Research

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...

1 year 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
1 year ago - ETF Trends

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
1 year ago - Zacks Investment Research

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...

1 year ago - ETF Trends

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
1 year ago - Zacks Investment Research

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
1 year ago - Zacks Investment Research

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...

2 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.

2 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).

2 years ago - ETF Trends

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.

2 years ago - Zacks Investment Research

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.

2 years ago - Zacks Investment Research

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
2 years ago - ETF Trends

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
2 years ago - Zacks Investment Research

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
2 years ago - ETF Trends

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...

Other symbols: AGQSOXLTECLWEBL
2 years ago - Zacks Investment Research

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.

3 years ago - Zacks Investment Research

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
3 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
3 years ago - ETF Trends

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
3 years ago - Zacks Investment Research