DRV
Direxion Daily Real Estate Bear 3X ETF
$21.45
+0.52
(+2.48%)
AUM
$30.09M
Expense Ratio
1.07%
NAV
$20.98
Holdings
6
Asset Class
Leveraged/Inverse
Inception
07/16/2009
Provider
Direxion
Top Holdings
Fund Description
The Direxion Daily Real Estate Bear 3X Shares (DRV) is a leveraged exchange-traded fund (ETF) that seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Real Estate Select Sector Index. This ETF is intended for sophisticated investors for short-term trading purposes to hedge against or profit from declines in the U.S. real estate investment trust (REIT) market. Due to the effects of daily compounding and leverage, it is not suitable for long-term investors.