DRV - Direxion Daily MSCI Real Est Bear 3X ETF

NYSEArca - Nasdaq Real Time Price. Currency in USD
9.27
+0.21 (+2.32%)
As of 2:48PM EST. Market open.
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Previous Close9.06
Open9.19
Bid9.18 x 1200
Ask9.19 x 1000
Day's Range9.06 - 9.27
52 Week Range8.28 - 15.62
Volume35,081
Avg. Volume97,290
Net Assets18.46M
NAV8.75
PE Ratio (TTM)N/A
Yield0.38%
YTD Return-15.99%
Beta (3Y Monthly)-1.75
Expense Ratio (net)0.97%
Inception Date2009-07-16
Trade prices are not sourced from all markets
  • ETF Trends29 days ago

    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 Trendslast month

    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 Trendslast month

    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 Trends2 months ago

    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 ...

  • How to Go Short on Rate-Sensitive Sectors With These ETFs
    Zacks2 months ago

    How to Go Short on Rate-Sensitive Sectors With These ETFs

    Investors seeking to capitalize on the rising rate scenario in a short span could consider any of the following ETFs given the bearish outlook for the rate sensitive sectors.

  • ETF Trends2 months ago

    Real Estate Doldrums Could Benefit Leveraged Bear ETF, Hurt Hombuilder ETF

    A rising rate landscape continues to rock the foundations of the real estate sector, particularly when it comes to homebuilders, which could benefit the  Direxion Daily MSCI Real Est Bear 3X ETF (DRV) , but put persistent downward pressure on the  Direxion Daily Homebuilders and Supplies Bull 3X Shares (NAIL) . With 30-year mortgage rates already surpassing the 5% mark, the cost to finance a home is getting more expensive, clamping down a housing market that has been lagging even as U.S. equities were in the midst of a historic bull run. Compounding the issue is the benchmark U.S. Treasury yield on the 10-year note reaching a new seven-year high.

  • Short These Sectors With ETFs as Fed Hikes Again
    Zacks3 months ago

    Short These Sectors With ETFs as Fed Hikes Again

    As the Fed raises rates, these rate-sensitive sectors may fall and the related inverse ETFs may gain.

  • ETF Trends3 months ago

    Weakness in Real Estate Sector is Perfect Setup for ‘DRV’ ETF

    The latest round of Chinese tariffs took effect yesterday as the United States and China continue waging their seemingly endless tariff-for-tariff war, which is set to increase the cost of homebuilding and thus, affect homebuilder ETFs like the iShares US Home Construction ETF (ITB), SPDR S&P Homebuilders ETF (XHB) and the Invesco Dynamic Building & Construction ETF (PKB) . DRV seeks daily investment results equal to 300% of the inverse of the daily performance of the MSCI US REIT Index, which is a free float-adjusted market capitalization weighted index that is comprised of equity REITs that are included in the MSCI US Investable Market 2500 Index. As it currently stands, the housing market is already feeling the pangs of rising interest rates crimping homebuyer enthusiasm to take on financing to purchase real estate.

  • ETF Trends5 months ago

    Leveraging Up The Real Estate Trade

    Real estate investment trusts (REITs) and the related exchange traded funds are rebounding. Some of that resurgence is attributable to impressive performances by brick-and-mortar retail stocks, a relevant ...

  • InvestorPlace6 months ago

    The Top 5 Direxion Funds for Daring Traders

    Direxion is one of the largest issuers of leveraged exchange-traded funds (ETFs), those products that have the power to seduce with the potential for outsized short-term gains but can also be ruinous if held for too long.

  • ETF Trends8 months ago

    Leveraged Inflation Fighters in Real Estate

    At the sector level, real estate is one of the groups believed to be negatively correlated to rising U.S. interest rates. On the other hand, real estate stocks and the related exchange traded funds can ...

  • Top-Performing Leveraged/Inverse ETFs of Q1
    Zacks8 months ago

    Top-Performing Leveraged/Inverse ETFs of Q1

    We have highlighted five leveraged/inverse ETFs that have piled up huge returns in the first quarter of 2018.

  • The Zacks Analyst Blog Highlights: DUST, GASX, ERY, DRV and DRIP
    Zacks9 months ago

    The Zacks Analyst Blog Highlights: DUST, GASX, ERY, DRV and DRIP

    The Zacks Analyst Blog Highlights: DUST, GASX, ERY, DRV and DRIP

  • Short These Sector ETFs on Rising Rate Concerns
    Zacks10 months ago

    Short These Sector ETFs on Rising Rate Concerns

    Investors seeking to capitalize on the rising rate scenario in a short span could consider these ETFs given the bearish outlook for the sectors.