Direxion Daily MSCI Real Estate Bear 3X Shares (DRV)

13.82
Delayed Data
As of Feb 23
 -0.71 / -4.89%
Today’s Change
9.82
Today|||52-Week Range
15.62
+32.00%
Year-to-Date

Investment Objective

The investment seeks daily investment results- before fees and expenses- of 300% of the inverse of the daily performance of the MSCI US REIT IndexSM. 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. The index is a free float-adjusted market capitalization weighted index that is comprised of equity REITs that are included in the MSCI US Investable Market 2500 Index- with the exception of specialty equity REITs. The fund is non-diversified.

Short These Sector ETFs on Rising Rate Concerns
Feb 12 / Zacks.com - Paid Partner Content
 

Performance

1 month+21.25% 3 years-13.93%
3 months+34.34% 5 years-27.63%
1 year+20.93% Since inception-50.45%
Data through 02/24/2018

Quote Details

Previous close$14.53
Open day’s range13.82 – 14.38
Net asset value (NAV)13.81 (02/23/2018)
Daily volume65,017
Average volume (3 months)89,988
Data as of 3:59pm ET, 02/23/2018

Peer Comparisonvs. Trading--inverse equity ETFs

 DRVCategory
Performance 5-yr return-27.63%-29.79%
Expense Gross exp ratio1.54%1.94%
Risk 5 year sharpe ratio-0.72--
Net assets$13.7M$2.4M
Average market cap----
Average P/E----
Dividend / Share--0.35%

Competitors

SH ProShares Short S&P500
SDS ProShares UltraShort S&P500
MLPS UBS ETRACS 1xMonthly Short Alerian MLP I...

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
Holdings not available.