Direxion Daily MSCI Real Estate Bear 3X Shares (DRV)
| 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.
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 |
News
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.
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.
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.
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.
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...
September Lull Starts: Inverse ETFs Won Last Week
Wall Street witnessed a bloodbath last week, resulting in a solid run-up in inverse ETFs.
3 Inverse REIT ETFs for Q2 2021
3 inverse REIT ETFs for Q2 2021 are REK, SRS, and DRV.
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.
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.
Best Leveraged ETFs of Last Week
Last week was downbeat for Wall Street. Still, these ETFs offered decent gains.
3 Inverse REIT ETFs for Q1 2021
The three inverse REIT ETFs for Q1 2021 are REK, SRS, and DRV.
Top 5 Leveraged/Inverse ETFs of Last Week
Inside the top-performing leveraged/inverse ETFs of the last week.
Best (And Only) Inverse REIT ETFs for Q4 2020
The best (and only) inverse REIT ETFs for Q4 2020 are REK, SRS, and DRV.
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 ...
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...