DRN — Direxion Daily Real Estate Bull 3x Shares
Direxion Daily Real Estate Bull 3x Shares (ticker: DRN) is a real estate ETF issued by Rafferty Asset Management tracking S&P Real Estate Select Sector (300%). It was launched on 2009-07-16.
About DRN
The Direxion Daily Real Estate Bull 3x Shares (DRN) is an exchange-traded fund that seeks daily investment results, before fees and expenses, of 300% of the performance of the S&P Real Estate Select Sector Index. The fund achieves its objective by investing in financial instruments that provide leveraged exposure to the underlying index. It holds 72 positions. This ETF is designed for investors seeking magnified exposure to the U.S. real estate sector on a daily basis. It is a leveraged product, meaning it aims to deliver three times the daily return of its benchmark, making it suitable for short-term trading strategies rather than long-term investing.
- Tracks the S&P Real Estate Select Sector Index with 300% leveraged daily exposure.
- Invests in a portfolio of 72 holdings, primarily swap agreements.
- Aims to provide amplified returns in the US real estate sector.
- Has an expense ratio of 0.99% and assets under management of $46M.
- Suitable for investors with a high-risk tolerance and a short-term investment horizon.
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | 0.10% |
| 1 Week | -7.50% |
| 1 Month | -6.47% |
| 3 Months | -4.08% |
| 6 Months | 14.48% |
| YTD | 18.78% |
| 1 Year | 6.55% |
| 3 Years | 22.28% |
| 5 Years | -46.46% |
| 10 Years | — |
| Since Inception | — |
Top Holdings
| # | Security | Symbol | Weight |
|---|---|---|---|
| 1 | REAL ESTATE SELECT SECTOR INDEX SWAP | IXREJP | 140.19% |
| 2 | REAL ESTATE SELECT SECTOR INDEX SWAP | IXREJP | 140.19% |
| 3 | REAL ESTATE SELECT SECTOR INDEX SWAP | IXREJP | 140.19% |
| 4 | REAL ESTATE SELECT SECTOR INDEX SWAP | IXREJP | 140.19% |
| 5 | REAL ESTATE SELECT SECTOR INDEX SWAP | IXREJP | 140.19% |
| 6 | REAL ESTATE SELECT SECTOR INDEX SWAP | IXREJP | 127.58% |
| 7 | REAL ESTATE SELECT SECTOR INDEX SWAP | IXREJP | 127.58% |
| 8 | REAL ESTATE SELECT SECTOR INDEX SWAP | IXREJP | 127.58% |
| 9 | REAL ESTATE SELECT SECTOR INDEX SWAP | IXREJP | 127.58% |
| 10 | REAL ESTATE SELECT SECTOR INDEX SWAP | IXREJP | 127.58% |
Fund Profile
| Issuer | Rafferty Asset Management |
|---|---|
| Brand | Direxion |
| Asset Class | real estate |
| Strategy | Vanilla |
| Structure | ETF |
| Category | Sector |
| Segment | Leveraged Equity: U.S. Real Estate |
| Sector | Broad |
| Region | North America |
| Index Tracked | S&P Real Estate Select Sector (300%) |
| Inception Date | 2009-07-16 |
| Tax on Distributions | Ordinary income |
Quick Facts
| Ticker | DRN |
|---|---|
| Full Name | Direxion Daily Real Estate Bull 3x Shares |
| Issuer | Rafferty Asset Management |
| Asset Class | real estate |
| Expense Ratio | 0.01% |
| AUM | $41.91M |
| Inception | 2009-07-16 |
| Index Tracked | S&P Real Estate Select Sector (300%) |
Frequently Asked Questions
What does DRN track?
DRN (Direxion Daily Real Estate Bull 3x Shares) tracks S&P Real Estate Select Sector (300%), a real estate benchmark.
What is the expense ratio of DRN?
DRN has an expense ratio of 0.01% per year.
What is the AUM of DRN?
DRN has approximately $41.91M in assets under management.
Does DRN pay a dividend?
DRN distributes income according to its prospectus (Ordinary income tax treatment). Check the dividend history tab for ex-dividend dates and yield.
Who issues DRN?
DRN is issued by Rafferty Asset Management under the Direxion brand, launched on 2009-07-16.
Open the interactive DRN dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.