Direxion Daily Real Estate Bull 3X ETF (DRN)
8.82
+0.50
(+6.01%)
USD |
NYSEARCA |
Jun 02, 16:00
8.82
0.00 (0.00%)
After-Hours: 20:00
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
1.01% | -0.18% | 43.70M | 430419.3 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
2.73% | 84.00% | 1.596M | Upgrade |
Basic Info
Investment Strategy | |
The investment seeks daily investment results of 300% of the daily performance of the Real Estate Select Sector Index. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. 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. It is non-diversified. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | Mid Cap/Blend |
Fixed Income Style | -- |
Broad Asset Class | Miscellaneous |
Broad Category | Miscellaneous |
Category Name | Trading--Leveraged Equity |
Category Index | S&P 500 TR USD |
Global Category Name | Trading Tools |
YCharts Categorization | Other |
YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
Prospectus Objective | Specialty - Real Estate |
Fund Owner Firm Name | Direxion Funds |
Prospectus Benchmark Index | |
Real Estate Select Sector TR USD | 300.0% |
Broad Asset Class Benchmark Index | |
^SPXTR | 100.0% |
Manager Tenure | |
Paul Brigandi | 13.80 yrs |
Tony Ng | 7.59 yrs |
Performance Versus Category
As of June 02, 2023. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of June 02, 2023.
Basic Info
Investment Strategy | |
The investment seeks daily investment results of 300% of the daily performance of the Real Estate Select Sector Index. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. 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. It is non-diversified. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | Mid Cap/Blend |
Fixed Income Style | -- |
Broad Asset Class | Miscellaneous |
Broad Category | Miscellaneous |
Category Name | Trading--Leveraged Equity |
Category Index | S&P 500 TR USD |
Global Category Name | Trading Tools |
YCharts Categorization | Other |
YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
Prospectus Objective | Specialty - Real Estate |
Fund Owner Firm Name | Direxion Funds |
Prospectus Benchmark Index | |
Real Estate Select Sector TR USD | 300.0% |
Broad Asset Class Benchmark Index | |
^SPXTR | 100.0% |
Manager Tenure | |
Paul Brigandi | 13.80 yrs |
Tony Ng | 7.59 yrs |