DRV - Direxion Daily MSCI Real Estate Bear 3X Shares
| 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-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 24, 2020 | $0.06 | Mar 31, 2020 |
| Dec 23, 2019 | $0.033 | Dec 31, 2019 |
| Sep 24, 2019 | $0.224 | Oct 1, 2019 |
| Mar 19, 2019 | $0.189 | Mar 26, 2019 |
| Dec 27, 2018 | $0.013 | Jan 4, 2019 |
| Sep 25, 2018 | $0.0315 | Oct 2, 2018 |
3 inverse REIT ETFs for Q2 2021 are REK, SRS, and DRV.
“Plan your trade and trade your plan.” ETF traders should exercise due diligence by using tools like ETF Database's fund screener.
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Last week was downbeat for Wall Street. Still, these ETFs offered decent gains.
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