DRV

Direxion Daily Real Estate Bear 3X Shares

$25.98

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Direxion Daily Real Estate Bear 3X Shares (DRV) seeks to provide daily investment results that correspond to three times the inverse (-3x) of the daily performance of the MSCI US REIT Index.

Overview

ETF tracking Direxion Daily Real Estate Bear 3X Shares

Category Leveraged

Issuer Other

Inception Date 2009-07-16

Market Cap $45.1M

Average Volume N/A

Dividend Yield 3.58%

52-Week Range $22.40 - $37.08

VWAP $26.05

Performance

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Investment Summary

📎 Investment Objective

The Direxion Daily Real Estate Bear 3X Shares (DRV) seeks to provide daily investment results that correspond to three times the inverse (-3x) of the daily performance of the MSCI US REIT Index.

🎯 Investment Strategy

The fund uses a range of financial instruments, such as swap agreements and futures contracts, to provide the desired leveraged inverse exposure to the MSCI US REIT Index. It does not invest directly in real estate properties or securities.

✨ Key Features

Provides 3x daily inverse exposure to the U.S. real estate investment trust (REIT) market
Designed for short-term, speculative trading and not for long-term buy-and-hold investors
Utilizes derivatives and leverage to achieve its investment objective
Resets daily, so long-term performance may differ significantly from the target multiple

⚠️ Primary Risks

Significant risk of loss due to the leveraged nature of the fund
Potential for large and sudden losses, especially in volatile markets
Tracking error risk, as the fund may not perfectly match the target multiple
Risks associated with the use of derivatives, including counterparty risk

👤 Best For

This ETF is intended for experienced, risk-tolerant investors who seek to profit from a decline in the U.S. REIT market on a short-term basis. It is not suitable for long-term buy-and-hold investors or those with a low risk tolerance.