DRV - Direxion Daily MSCI Real Estate Bear 3X Shares

NYSEArca - NYSEArca Delayed Price. Currency in USD
25.00
-0.56 (-2.19%)
At close: 3:59PM EDT
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Previous Close25.56
Open0.00
Bid0.00 x 1100
Ask0.00 x 1000
Day's Range0.00 - 0.00
52 Week Range
Volume0
Avg. Volume22,933
Net Assets15.97M
NAV25.53
PE Ratio (TTM)N/A
Yield0.95%
YTD Daily Total Return-53.13%
Beta (3Y Monthly)-1.57
Expense Ratio (net)1.10%
Inception Date2009-07-16
Trade prices are not sourced from all markets
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  • Top Performing Real Estate ETFs of 2018
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    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.

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    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.

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    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.

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    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 ...