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

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of April 18, 2019 the Direxion Daily MSCI Real Estate Bull 3x Shares MSCI ESG Fund Quality Score is 4.13 out of 10.

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. DRN ranks in the 0th percentile within its peer group and in the 11st percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

DRN CHARTS AND PERFORMANCE

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
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Select ETFs to compare their performance:
PERFORMANCE [as of 04/18/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
DRN 0.21% 20.28% 43.67% 42.88% 4.51% 13.70% --
DRN (NAV) 1.02% 20.12% 43.96% 43.03% 4.57% 13.75% --
MSCI US REIT Index 0.74% 7.27% 14.30% 17.94% 5.40% 8.24% --
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%
$45.37M
0.59%

DRN Portfolio Data

2.46%
06/25/19

DRN Index Data

MSCI US REIT Index
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 -
Daily Spread
Premium/Discount
Volume

DRN Factset Analytics Block Liquidity

As of 04/19/19
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 5 out of 5.

DRN Tradability

40,742
$994.38K
28,889
$714.02K
0.59%
$0.14
-0.06%
0.98% / -0.67%
None
0.00%
50,000
0.58
0.07%
--
2,711
$23.92
5

DRN MSCI ESG Ratings

4.13 / 10
--
10.55
1.28%
7.97%
102.74