DRN
- Direxion Daily Real Estate Bull 3x SharesKey Information
Earliest date | 2009-07-16 |
Exchange | NYSE |
Instrument Type | ETF |
MIC Code | ARCX |
Country | United States |
ETF Information
Fund Provider | Rafferty Asset Management |
Index | S&P Real Estate Select Sector Index - Benchmark TR Gross (300%) |
Expense Ratio | 1.01% |
Number Of Holdings | 32 |
Inception Date | 2009-07-16 |
Asset Class | Real Estate |
Currency | USD |
Listing | US-listed |
Sector | Real Estate |
Investment Style | Blend |
Non-leveraged | Leveraged |
About DRN
The Direxion Daily Real Estate Bull 3x Shares ETF provides 3x daily leverage to an index of US REITs, allowing sophisticated investors to express a bullish short-term view of the US real estate sector. This fund is designed for traders who can monitor their position regularly, as it is not suitable for long-term, buy-and-hold portfolios due to its high risk and volatility.