DRV
- Direxion Daily Real Estate Bear 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 (300%) |
Expense Ratio | 1.10% |
Number Of Holdings | 1 |
Inception Date | 2009-07-16 |
Asset Class | Real Estate |
Currency | USD |
Listing | US-listed |
Sector | Real Estate |
Investment Style | Blend |
Non-leveraged | Leveraged |
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.