DRVDirexion Daily MSCI Real Estate Bear 3x Shares
DRV Fund Description
DRV provides 3x leveraged inverse exposure to an index that captures large to small-cap equities of the US real estate investment trusts (REITs).
DRV Factset Analytics Insight
DRV is a bearish, levered bet against REITs, it provides daily -3x exposure to equity REIT securities derived from the MSCI US IMI Real Estate 25/50 Index. DRV has exposure to all market caps of the US Real Estate Sector as defined by GICS, which includes Equity REITs and Real Estate Management & Development companies. The index applies certain caps to aid diversification rules imposed on RICs. The 25/50 constraint targets of the index are: no group entity exceeds 25% of index weight, and no group entities with weight above 5% can exceed 50% of the index weight. Due to the fund's daily rebalancing, long-term returns are difficult to predict due to path dependency and compounding. As a result, DRV should be treated as a short-term trading vehicle as opposed to a long-term investment.
DRV Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of DRV. DRV is rated a N/A out of 5.