Direxion Daily MSCI Real Estate Bear 3X Shares (DRV)
| Assets | $20.60M |
| NAV | $4.68 |
| Expense Ratio | 1.03% |
| PE Ratio | n/a |
| Shares Out | 4.40M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | Mar 24, 2020 |
| 1-Year Return | - |
| Volume | 402,804 |
| Open | 4.72 |
| Previous Close | 4.69 |
| Day's Range | 4.58 - 4.88 |
| 52-Week Low | 4.05 |
| 52-Week High | 16.01 |
| Beta | -1.78 |
| Holdings | 0 |
| Inception Date | Jul 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.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 24, 2020 | $0.05995 | Mar 31, 2020 |
| Dec 23, 2019 | $0.03265 | Dec 31, 2019 |
| Sep 24, 2019 | $0.22415 | Oct 1, 2019 |
| Mar 19, 2019 | $0.03786 | Mar 26, 2019 |
| Dec 27, 2018 | $0.01273 | Jan 4, 2019 |
| Sep 25, 2018 | $0.03146 | Oct 2, 2018 |
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.
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...
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...
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.
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...
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...
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.