PortfolioMetrics

DRV

- Direxion Daily Real Estate Bear 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 (300%)
Expense Ratio1.10%
Number Of Holdings1
Inception Date2009-07-16
Asset ClassReal Estate
CurrencyUSD
ListingUS-listed
SectorReal Estate
Investment StyleBlend
Non-leveragedLeveraged

About DRV

The Direxion Daily Real Estate Bear 3X Shares ETF provides -3x daily leverage to an index of U.S. REITs, allowing sophisticated investors to express a bearish short-term view of the U.S. 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 investors due to its high risk and volatility.