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DRV - Direxion Daily MSCI Real Estate Bear 3X Shares

Stock Price: $6.62 USD -0.03 (-0.45%)
Updated Apr 19, 2021 4:00 PM EDT - Market closed
After-hours: $6.62 0.00 (0.00%) Apr 19, 8:00 PM
Assets $16.33M
NAV $6.66
Expense Ratio 1.08%
PE Ratio n/a
Beta (5Y) -1.77
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date Mar 24, 2020
1-Year Return -
Trading Day April 19
Last Price $6.62
Previous Close $6.65
Change ($) -0.03
Change (%) -0.45%
Day's Open 6.67
Day's Range 6.62 - 6.78
Day's Volume 76,678
52-Week Range 6.60 - 30.61

Fund Description

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

Dividends

Ex-DividendAmountPay Date
Mar 24, 2020$0.06Mar 31, 2020
Dec 23, 2019$0.033Dec 31, 2019
Sep 24, 2019$0.224Oct 1, 2019
Mar 19, 2019$0.189Mar 26, 2019
Dec 27, 2018$0.013Jan 4, 2019
Sep 25, 2018$0.0315Oct 2, 2018
Full Dividend History

News

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

Other tickers mentioned: REK, SRS
2 months ago - Investopedia

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

Other tickers mentioned: FAZ, TYD
3 months ago - ETF Trends

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...

4 months ago - ETF Trends

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

Other tickers mentioned: LABU, RUSL, YANG
4 months ago - Zacks Investment Research

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

Other tickers mentioned: LABU, RUSL, YANG
4 months ago - Zacks Investment Research

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

Other tickers mentioned: REK, SRS
5 months ago - Investopedia

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

Other tickers mentioned: BOIL, HIBS, YINN, ZSL
6 months ago - Zacks Investment Research

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

Other tickers mentioned: REK, SRS
7 months ago - Investopedia

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: DRN
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: DRN, VNQ
1 year ago - ETF Trends

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: DRN, 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: DRN, VNQ
1 year ago - ETF Trends

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

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: DRN
1 year ago - ETF Trends

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

Other tickers mentioned: IYR, SRS
1 year ago - Investopedia