DRN

Direxion Daily MSCI Real Estate Bull 3x Shares
*Unless otherwise stated, data provided by FactSet.

DRN Fund Description

DRN provides 3x leveraged exposure to a market-cap-weighted index of US real estate investment trusts.

DRN Factset Analytics Insight

DRN provides 3x leveraged exposure to the MSCI U.S. REIT Index—a market-cap-weighted index of equity REIT securities from the MSCI US Investable Market 2500 Index. It provides a bit more exposure to commercial REITs compared to our benchmark, at the expense of underweighting residential REITs. Although DRN may seem expensive, it's middle-of-the-road when compared with the expense ratios of similar leveraged funds. Also consider that DRN is designed to be a trading vehicle—not a long-term investment product. The fund rebalances daily. As a result, compounding and path dependency make its long-term returns difficult to predict when compared with its underlying index. Still, DRN has amassed a strong asset base. More importantly, it trades with decent volume at tight spreads.

DRN MSCI ESG Analytics Insight

Direxion Daily MSCI Real Estate Bull 3x Shares has an MSCI ESG Fund Rating of undefined based on a score of 4.13 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Direxion Daily MSCI Real Estate Bull 3x Shares ranks in the 11st percentile within its peer group and in the 0th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

DRN Charts And Performance

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PERFORMANCE [as of 10/16/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
DRN 6.35% 11.08% 81.60% 65.63% 14.04% 16.04% 31.91%
DRN (NAV) 4.01% 12.00% 81.92% 56.47% 14.10% 15.99% --
MSCI US IMI Real Estate 25/50 Index 1.55% 4.83% 25.99% 21.52% 8.57% 9.16% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

DRN Summary Data

Direxion
07/16/09
Open-Ended Fund
1.04%
$52.35M
0.51%

DRN Portfolio Data

1.64%
12/23/19

DRN Index Data

Market Cap
Market Cap
N/A

DRN Fund Structure

Yes
Yes
No Policy
N/A
N/A
Medium
3
Daily

DRN Tax Exposures

20.00% / 39.60%
--
No
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

DRN Factset Analytics Block Liquidity

As of 10/17/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of DRN. DRN is rated a N/A out of 5.

DRN Tradability

35,613
$1.04M
29,486
$877.16K
0.51%
$0.15
-0.02%
0.98% / -0.67%
None
0.00%
50,000
0.59
0.05%
--
1,157
$29.91
N/A

DRN MSCI ESG Ratings

--
4.13 / 10
--
10.55
1.28%
7.97%
102.74