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Direxion Daily MSCI Real Estate Bear 3X Shares (DRV)

NYSEARCA: DRV · IEX Real-Time Price · USD
4.87 0.18 (3.84%)
Sep 27, 2021 4:00 PM EDT - Market closed
Assets$20.60M
NAV$4.68
Expense Ratio1.03%
PE Ration/a
Shares Out4.40M
Dividend (ttm)n/a
Dividend Yieldn/a
Ex-Dividend DateMar 24, 2020
1-Year Return
-
Volume402,804
Open4.72
Previous Close4.69
Day's Range4.58 - 4.88
52-Week Low4.05
52-Week High16.01
Beta-1.78
Holdings0
Inception DateJul 16, 2009

About DRV

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse of the daily performance of the MSCI US IMI Real Estate 25/50 Index. The fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse or short leveraged exposure to the index equal to at least 80% of its net assets (plus borrowing for investment purposes). 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. The fund is non-diversified.

Asset ClassEquity
SectorReal Estate
RegionNorth America
IssuerDirexion Investments
Stock ExchangeNYSEARCA
Ticker SymbolDRV
Index TrackedMSCI US REIT Index

Dividends

Ex-DividendAmountPay Date
Mar 24, 2020$0.05995Mar 31, 2020
Dec 23, 2019$0.03265Dec 31, 2019
Sep 24, 2019$0.22415Oct 1, 2019
Mar 19, 2019$0.03786Mar 26, 2019
Dec 27, 2018$0.01273Jan 4, 2019
Sep 25, 2018$0.03146Oct 2, 2018
Full Dividend History

News

September Lull Starts: Inverse ETFs Won Last Week

Wall Street witnessed a bloodbath last week, resulting in a solid run-up in inverse ETFs.

Other symbols:LABDSMDDSRTYTZA
2 weeks ago - Zacks Investment Research

3 Inverse REIT ETFs for Q2 2021

3 inverse REIT ETFs for Q2 2021 are REK, SRS, and DRV.

Other symbols:REKSRS
7 months ago - Investopedia

3 Inverse ETFs Ready to Tick Higher in 2021

“Plan your trade and trade your plan.” ETF traders should exercise due diligence by using tools like ETF Database's fund screener.

Other symbols:FAZTYD
8 months ago - ETF Trends

Direxion's Leveraged ETFs: Two Smart Ways to Play Real Estate Swings

Social distancing measures have put the hurt on commercial real estate, but bullish traders are hoping for a push given the deployment of a COVID-19 vaccine. They will want to keep on an eye on leverage...

9 months ago - ETF Trends

Best Leveraged ETFs of Last Week (Revised)

Last week was downbeat for Wall Street. Still, these ETFs offered decent gains.

Other symbols:LABURUSLYANG
9 months ago - Zacks Investment Research

Best Leveraged ETFs of Last Week

Last week was downbeat for Wall Street. Still, these ETFs offered decent gains.

Other symbols:LABURUSLYANG
9 months ago - Zacks Investment Research

3 Inverse REIT ETFs for Q1 2021

The three inverse REIT ETFs for Q1 2021 are REK, SRS, and DRV.

Other symbols:REKSRS
10 months ago - Investopedia

Top 5 Leveraged/Inverse ETFs of Last Week

Inside the top-performing leveraged/inverse ETFs of the last week.

Other symbols:BOILHIBSYINNZSL
11 months ago - Zacks Investment Research

Best (And Only) Inverse REIT ETFs for Q4 2020

The best (and only) inverse REIT ETFs for Q4 2020 are REK, SRS, and DRV.

Other symbols:REKSRS
1 year ago - Investopedia

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:DRN
1 year 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 mar...

Other symbols:DRNVNQ
1 year 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 markets...

Other symbols:DRNVNQ
1 year 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:DRNVNQ
1 year ago - ETF Trends

Real Estate Traders Look Ahead to Potential Challenges in 2020

Real estate trade organization site Realtor.com assembled a list of housing trends for 2020 that could impact not only the market for buyers and sellers, but also the way ETF traders are looking to play...

1 year ago - ETF Trends

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 exchange...

Other symbols:DRN
1 year ago - ETF Trends

Topping Patterns in Real Estate ETFs Suggest Selling

A double top pattern may usher in selling ahead of a likely rate cut. Consider these tactics to profit from falling REIT prices.

Other symbols:IYRSRS
2 years ago - Investopedia