(DRN) Direxion Daily Real Estate - Overview

ETF Category: Trading--Leveraged Equity | Exchange: NYSE ARCA (USA) | Market Cap: 45m USD | Total Return: 17.6% in 12m

Leveraged ETFs, Swap Agreements, Real Estate Securities
Total Rating 33
Safety 42
Buy Signal -0.43
Trading--Leveraged Equity
Category Rotation: -5.2
TER: 1.01%
AUM: 44.7M
Avg Turnover: 9.71M
Risk 3d forecast
Volatility44.5%
VaR 5th Pctl8.16%
VaR vs Median1.80%
Reward TTM
Sharpe Ratio0.50
Rel. Str. IBD52.1
Rel. Str. Peer Group27.5
Character TTM
Beta0.881
Beta Downside1.024
Hurst Exponent0.565
Drawdowns 3y
Max DD48.25%
CAGR/Max DD0.25
CAGR/Mean DD0.56

Warnings

Choppy

Tailwinds

No distinct edge detected

Description: DRN Direxion Daily Real Estate

The Direxion Daily Real Estate Bull 3X Shares (DRN) is a leveraged exchange-traded fund designed to provide 300% of the daily performance of the Real Estate Select Sector Index. To achieve this objective, the fund invests at least 80% of its assets in financial derivatives, such as swap agreements and other ETFs, rather than holding a traditional portfolio of physical assets. The underlying index focuses on equity Real Estate Investment Trusts (REITs) and real estate management firms, specifically excluding mortgage REITs that focus on financing rather than property ownership.

Equity REITs typically generate revenue through the acquisition, management, and leasing of physical properties like apartment complexes, data centers, and industrial warehouses. Because these entities are legally required to distribute at least 90% of their taxable income to shareholders as dividends, the sector often exhibits high sensitivity to interest rate fluctuations. Investors may find it useful to examine ValueRay for deeper insights into these market dynamics. As a non-diversified, triple-leveraged product, DRN is intended for short-term tactical use by sophisticated investors rather than long-term buy-and-hold strategies.

Headlines to Watch Out For
  • Federal Reserve interest rate pivots dictate underlying REIT sector valuation volatility
  • Treasury yield fluctuations impact financing costs for real estate investment trusts
  • Daily compounding effects amplify tracking error during periods of high market volatility
  • Commercial property occupancy rates drive underlying index revenue and net asset values
  • Leveraged swap counterparty performance influences daily 3X tracking accuracy and fund liquidity
What is the price of DRN shares?

As of May 29, 2026, the stock is trading at USD 10.80 with a total of 519,967 shares traded.
Over the past week, the price has changed by -0.37%, over one month by +2.37%, over three months by +2.20% and over the past year by +17.62%.

Is DRN a buy, sell or hold?

Direxion Daily Real Estate has no consensus analysts rating.