DRV - Direxion Daily MSCI Real Estate Bear 3X Shares
| Previous Close | 25.56 |
| Open | 0.00 |
| Bid | 0.00 x 1100 |
| Ask | 0.00 x 1000 |
| Day's Range | 0.00 - 0.00 |
| 52 Week Range | |
| Volume | 0 |
| Avg. Volume | 22,933 |
| Net Assets | 15.97M |
| NAV | 25.53 |
| PE Ratio (TTM) | N/A |
| Yield | 0.95% |
| YTD Daily Total Return | -53.13% |
| Beta (3Y Monthly) | -1.57 |
| Expense Ratio (net) | 1.10% |
| Inception Date | 2009-07-16 |
- Investopedia
Topping Patterns in Real Estate ETFs Suggest Selling
A double top pattern may usher in selling ahead of a likely rate cut. Consider these tactics to profit from falling REIT prices.
- Investopedia
Top Performing Real Estate ETFs of 2018
Like many other sectors, real estate experienced a difficult 2018. Despite starting the year with high home prices and impressively low mortgage rates, climbing interest rates ended up deterring buyers.
- ETF Trends
Direxion to Change Indexes For Leveraged Pharma, Real Estate ETFs
Direxion, one of the largest issuers of leveraged exchange traded funds, is planning to change the indexes its leveraged pharmaceuticals and real estate ETFs track. Currently, the Direxion Daily Pharmaceutical ...
- PR Newswire
Direxion Changes Investment Objective and Index of Three Leveraged ETFs
NEW YORK , May 31, 2019 /PRNewswire/ -- The Board of Trustees of the Direxion Shares ETF Trust ("Trust") has approved changes to the investment objective, investment strategy and underlying index ...
- PR Newswire
Direxion Announces Reverse Splits of Eight ETFs
NEW YORK , May 24, 2019 /PRNewswire/ -- Direxion has announced it will execute a reverse split of the issued and outstanding shares of the Direxion Daily Mid Cap Bear 3X Shares, Direxion Daily Small Cap ...
- ETF Database
Existing Home Sales Plunge to 3-Year Low, Pushing ‘DRV’ Higher
Existing U.S. home sales hit their lowest level in three years last month, according to the National Association of Realtors (NAR), which boosted the Direxion Daily MSCI Real Est Bear 3X ETF DRV (DRV B-) by as much as 2.7 percent on Thursday.
- ETF Trends
More Real Estate Pain or Gain: Leveraged ETFs to Watch
Real estate has come a long way since the Great Recession of 2008 that saw market values plummet to remarkable depths after low interest rates and subprime mortgages pushed homes to exorbitant values. During the decade-long bull run in U.S. stocks, low interest rates ruled as the real estate markets were in recovery following the credit crisis in 2008. The depressed values in U.S. real estate also attracted cash buyers from China, but even to the vast majority who used financing to purchase a home, low rates still made real estate attractive.
- ETF Trends
How to Profit From Short-Term Real Estate Trades
Real estate stocks and the related exchange traded funds are sensitive to changes in interest and that much is being confirmed this year, but there are ways for risk-tolerant traders to garner short-term profits on both sides of the real estate trade. The Direxion Daily Real Estate Bull 3x Shares ETF (DRN) is an example of a bullish leveraged real estate exchange traded fund. DRN has a bearish cousin, the Direxion Daily Real Estate Bear 3x Shares (DRV) , which attempts to deliver triple the daily inverse returns of that benchmark.
- ETF Trends
Real Estate Sector ETFs Could Struggle in November
Real estate investment trusts (REITs) and the related exchange traded funds, including the iShares US Real Estate ETF (IYR) , are viewed as vulnerable to rising interest rates. The Federal Reserve has boosted rates three times this year and a fourth rate hike is widely expected in December, but some real estate ETFs have been surprisingly solid in recent weeks. IYR is up more than 1% over the past week, but historical data suggest investors may not want to be holding that fund when November arrives.
- ETF Trends
Earnings Tests Ahead for Real Estate ETFs
Real estate stocks and the related exchange traded funds are sensitive to changes in interest and that much is being confirmed this year. The MSCI US Investable Market Real Estate 25/50 Index, a widely ...
