PortfolioMetrics

DRN

- Direxion Daily Real Estate Bull 3x Shares

Key Information

Earliest date2009-07-16
ExchangeNYSE
Instrument TypeETF
MIC CodeARCX
CountryUnited States

ETF Information

Fund ProviderRafferty Asset Management
IndexS&P Real Estate Select Sector Index - Benchmark TR Gross (300%)
Expense Ratio1.01%
Number Of Holdings32
Inception Date2009-07-16
Asset ClassReal Estate
CurrencyUSD
ListingUS-listed
SectorReal Estate
Investment StyleBlend
Non-leveragedLeveraged

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.