DRV — Direxion Daily Real Estate Bear 3X Shares
Direxion Daily Real Estate Bear 3X Shares (ticker: DRV) 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 DRV
DRV is an inverse leveraged ETF that seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the S&P Real Estate Select Sector Index. The fund invests primarily in swap agreements, which are used to gain inverse exposure to the underlying index. This ETF is designed for investors who believe the U.S. real estate sector will decline and are looking for daily leveraged inverse exposure. Due to its leveraged and inverse nature, DRV is intended for short-term active trading and not for long-term investment.
- Tracks the inverse performance of the S&P Real Estate Select Sector Index, seeking 300% of the inverse daily return.
- Primarily utilizes swap agreements to achieve its investment objective.
- An ideal investment vehicle for investors with a negative outlook on the U.S. real estate market.
- This is a leveraged and inverse ETF, making it suitable for active traders and daily tactical adjustments.
- The fund has 10 holdings with an expense ratio of 1.06% and AUM of $32M.
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | -0.19% |
| 1 Week | 8.21% |
| 1 Month | 5.99% |
| 3 Months | -1.24% |
| 6 Months | -19.71% |
| YTD | -21.95% |
| 1 Year | -17.81% |
| 3 Years | -54.60% |
| 5 Years | -56.86% |
| 10 Years | — |
| Since Inception | — |
Top Holdings
| # | Security | Symbol | Weight |
|---|---|---|---|
| 1 | GOLDMAN FINL SQ TRSRY INST 506 | X9USDGSFC | 83.69% |
| 2 | GOLDMAN FINL SQ TRSRY INST 506 | X9USDGSFC | 83.69% |
| 3 | GOLDMAN FINL SQ TRSRY INST 506 | X9USDGSFC | 83.69% |
| 4 | GOLDMAN FINL SQ TRSRY INST 506 | X9USDGSFC | 83.69% |
| 5 | GOLDMAN FINL SQ TRSRY INST 506 | X9USDGSFC | 83.69% |
| 6 | GOLDMAN FINL SQ TRSRY INST 506 | X9USDGSFC | 79.46% |
| 7 | GOLDMAN FINL SQ TRSRY INST 506 | X9USDGSFC | 79.46% |
| 8 | GOLDMAN FINL SQ TRSRY INST 506 | X9USDGSFC | 79.46% |
| 9 | GOLDMAN FINL SQ TRSRY INST 506 | X9USDGSFC | 78.45% |
| 10 | GOLDMAN FINL SQ TRSRY INST 506 | X9USDGSFC | 78.45% |
Fund Profile
| Issuer | Rafferty Asset Management |
|---|---|
| Brand | Direxion |
| Asset Class | real estate |
| Strategy | Vanilla |
| Structure | ETF |
| Category | Leveraged Real Estate |
| Segment | Inverse 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 | DRV |
|---|---|
| Full Name | Direxion Daily Real Estate Bear 3X Shares |
| Issuer | Rafferty Asset Management |
| Asset Class | real estate |
| Expense Ratio | 0.01% |
| AUM | $33.86M |
| Inception | 2009-07-16 |
| Index Tracked | S&P Real Estate Select Sector (300%) |
Frequently Asked Questions
What does DRV track?
DRV (Direxion Daily Real Estate Bear 3X Shares) tracks S&P Real Estate Select Sector (300%), a real estate benchmark.
What is the expense ratio of DRV?
DRV has an expense ratio of 0.01% per year.
What is the AUM of DRV?
DRV has approximately $33.86M in assets under management.
Does DRV pay a dividend?
DRV distributes income according to its prospectus (Ordinary income tax treatment). Check the dividend history tab for ex-dividend dates and yield.
Who issues DRV?
DRV is issued by Rafferty Asset Management under the Direxion brand, launched on 2009-07-16.
Open the interactive DRV dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.