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

NYSEARCA: DRV · IEX Real-Time Price · USD
47.17
-3.12 (-6.20%)
Jun 24, 2022 4:00 PM EDT - Market closed
-6.20%
Assets $41.70M
NAV $50.25
Expense Ratio 1.03%
PE Ratio n/a
Shares Out 830,000
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date Mar 24, 2020
1-Year Return -7.69%
Volume 475,422
Open 48.92
Previous Close 50.29
Day's Range 46.97 - 49.64
52-Week Low 29.55
52-Week High 61.97
Beta -2.00
Holdings 5
Inception Date Jul 16, 2009

About DRV

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 provided by S&P Dow Jones Indices (the "index provider") and includes securities of companies from the following industries: real estate management and development and REITs, excluding mortgage REITs. The fund is non-diversified.

Asset Class Equity
Sector Real Estate
Region North America
Issuer Direxion Investments
Stock Exchange NYSEARCA
Ticker Symbol DRV
Index Tracked Real Estate Select Sector Index

Dividends

Ex-Dividend Amount Pay Date
Mar 24, 2020 $0.5995 Mar 31, 2020
Dec 23, 2019 $0.3265 Dec 31, 2019
Sep 24, 2019 $2.2415 Oct 1, 2019
Mar 19, 2019 $1.893 Mar 26, 2019
Dec 27, 2018 $0.6365 Jan 4, 2019
Sep 25, 2018 $1.573 Oct 2, 2018
Full Dividend History

News

Winning Inverse ETFs in S&P 500's Worst Week Since 2020

The S&P 500 entered into a bear market last week. Steep Fed rate hike last week and chances of more such hikes in the coming months triggered heightened recessionary fears.

Other symbols: FAZHIBSSMDDSPXSSSGTZA

Top Performing Leveraged/Inverse ETFs: 06/12/2022

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.

Top Performing Leveraged/Inverse ETFs: 06/05/2022

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.

Top Performing Leveraged/Inverse ETFs: 05/15/2022

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.

5 Inverse/Leveraged ETF Areas of Last Week

Wall Street was downbeat last week, with losses seen in all major indexes

5 Best Inverse/Leveraged ETF Areas of Last Week

Wall Street was downbeat last week due to rising rate worries, stagflation fears and geopolitical tensions.

Other symbols: CLDSFXPTMVYANG

Top Performing Leveraged/Inverse ETFs: 05/01/2022

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.

5 Best Inverse/Leveraged ETFs of Last Week

The likelihood of faster-than-expected monetary policy tightening by the Federal Reserve sent key Wall Street indexes falling.

Other symbols: BOILCWEBLABD

Go Short on Rate-Sensitive Sectors With ETFs as Rate Rises

U.S. yields have seen a solid surge on Fed's tightening policy that will likely take a toll on rate-sensitive high-yield sectors.

Other symbols: REKSDPSRS

Will Rising Rates Upend the Housing Market? One ETF to Play It

Every time it appears that real estate prices are hitting a ceiling, they break through. However, rising interest rates could finally be the road block the sector needs for bearish traders to capitalize.

ETF Odds & Ends: Quiet Yet Eventful Week

Global events seem to have put a damper on the U.S. ETF industry.

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 Es...

Other symbols: DRNFASFAZRWGVRWVG

Real Estate Bear ETF Is up Over 30% YTD

Is the air finally coming out of ballooning real estate values? If trading activity in the Direxion Daily MSCI Real Estate Bear 3X ETF (DRV) is any indication, then values could be coming back down to e...

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 t...

Other symbols: DRN

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

3 Inverse REIT ETFs for Q2 2021

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

Other symbols: REKSRS

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

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...

Best Leveraged ETFs of Last Week (Revised)

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

Other symbols: LABURUSLYANG

Best Leveraged ETFs of Last Week

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

Other symbols: LABURUSLYANG

3 Inverse REIT ETFs for Q1 2021

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

Other symbols: REKSRS

Top 5 Leveraged/Inverse ETFs of Last Week

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

Other symbols: BOILHIBSYINNZSL

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

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

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