ETFs › DRN

Direxion Daily Real Estate Bull 3x Shares (DRN)

real-estate leveraged daily-reset

If URE is real estate on steroids, this ETF is real estate after gamma radiation exposure. Promising triple the daily return of a real estate index, it's financial alchemy that can turn a property uptick into a windfall or a downturn into a disaster. For those who view standard leverage as merely a stepping stone to more audacious bets.

Key Info

AUM $316.7M
Expense Ratio 1.06%
Inception Date July 16, 2009
Distribution Frequency Quarterly
Weighting Method Leveraged Index
Number of Holdings 36
Tracking Index MSCI US IMI Real Estate 25/50 Index

See Also

URE TRET SRS

Last updated: September 10, 2024