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DRN - Direxion Daily MSCI Real Estate Bull 3X Shares

Stock Price: $18.61 USD 0.47 (2.59%)
Updated Apr 20, 2021 4:00 PM EDT - Market closed
Assets $120.63M
NAV $18.14
Expense Ratio 0.99%
PE Ratio 34.29
Beta (5Y) 2.43
Dividend (ttm) $0.13
Dividend Yield 0.71%
Ex-Dividend Date Mar 23, 2021
1-Year Return -
Trading Day April 20
Last Price $18.61
Previous Close $18.14
Change ($) 0.47
Change (%) 2.59%
Day's Open 18.13
Day's Range 18.05 - 18.70
Day's Volume 657,729
52-Week Range 6.14 - 18.70

Fund Description

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
Equity
Sector
Real Estate
Region
North America
Inception Date
Jul 16, 2009
Exchange
NYSEARCA
Ticker Symbol
DRN
Index Tracked
MSCI US REIT Index

Top 10 Holdings

81.82% of assets
NameSymbolWeight
MSCI US IMI 25/50 Real Estate Price USD Index SWAPn/a18.89%
MSCI US IMI 25/50 Real Estate Price USD Index SWAPn/a18.75%
MSCI US IMI 25/50 Real Estate Price USD Index SWAPn/a16.75%
MSCI US IMI 25/50 Real Estate Price USD Index SWAPn/a14.75%
DREYFUS GOVT CASH MGMTn/a3.69%
DREYFUS GOVT CASH MGMTn/a2.98%
GOLDMAN FINL SQ TRSRY INST 506n/a1.92%
American TowerAMT1.66%
PrologisPLD1.25%
Crown CastleCCI1.18%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Mar 23, 2021$0.042Mar 30, 2021
Dec 22, 2020$0.04Dec 30, 2020
Sep 22, 2020$0.026Sep 29, 2020
Jun 23, 2020$0.02Jun 30, 2020
Mar 24, 2020$0.155Mar 31, 2020
Dec 12, 2019$0.403Dec 19, 2019
Full Dividend History

News

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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.

5 days ago - ETF Trends

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).

4 weeks ago - ETF Trends

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

Other tickers mentioned: DFEN, DPST, LABU, NVAX, RETL, TNA, URTY ...
1 month ago - Zacks Investment Research

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

Other tickers mentioned: DFEN, DPST, LABU, NVAX, RETL, TNA, URTY ...
1 month ago - Zacks Investment Research

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 tickers mentioned: DUSL
3 months ago - ETF Trends

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

Other tickers mentioned: DFEN, DPST, HIBL, NRGU, SMHB
5 months ago - Zacks Investment Research

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 tickers mentioned: DUSL, FAS
5 months ago - ETF Trends

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.

Other tickers mentioned: AGQ, SOXL, TECL, WEBL
8 months ago - Zacks Investment Research

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.

Other tickers mentioned: DPST, FAS, GUSH, HIBL, MIDU, NAIL, RETL
1 year ago - Zacks Investment Research

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 tickers mentioned: DRV
1 year ago - ETF Trends

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 tickers mentioned: DRV, VNQ
1 year ago - ETF Trends

A rate cut is a boon to rate sensitive and high-yield sectors such as utilities and real estate.

Other tickers mentioned: HOML, MORL, MRRL, NAIL, REML, UPW, URE ...
1 year ago - Zacks Investment Research

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...

Other tickers mentioned: DRV, VNQ
1 year ago - ETF Trends

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 tickers mentioned: DRV, VNQ
1 year ago - ETF Trends

Inside the top-performing leveraged ETFs of last week.

Other tickers mentioned: FNGU, OILU, SOXL
1 year ago - Zacks Investment Research

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.

1 year ago - ETF Trends

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 tickers mentioned: IYR, URE
1 year ago - Investopedia

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...

Other tickers mentioned: DRV
1 year ago - ETF Trends

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...

Other tickers mentioned: DFEN, NAIL, UTSL
1 year ago - ETF Trends

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.

Other tickers mentioned: UPW, URE, UTSL
1 year ago - Zacks Investment Research

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.

Other tickers mentioned: LRET, MORL, MRRL, REML, UPW, URE, UTSL
2 years ago - Zacks Investment Research