Direxion Daily Real Estate Bull 3x Shares (DRN)

  • Loading...

Fund Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the MSCI US REIT IndexSM. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the equity securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is comprised of equity REITs that are included in the MSCI US Investable Market 2500 Index, with the exception of specialty equity REITs that do not generate a majority of their revenue and income from real estate rental and leasing operations. The fund is non-diversified.

Fund Snapshot Updated 05.16.2013

Previous Close $62.57 Expense Ratio 0.95%
YTD Return 61.6% Avg. 30-Day Volume 203,223
1-Year Return 101.9% Market Cap Loading...
Bid $62.62 Shares Outstanding 2,250,000
Ask $62.63 Dividends $0.00
Top Holdings
Vanguard Reit Etf (VNQ) 100.00%
% of Total Holdings 100.00%

Sector Breakdown

Geographic Breakdown

Advertisement
Best Fit Real Estate Funds

1

Schwab U.S. REIT ETF (SCHH)

2

SPDR Dow Jones REIT ETF (RWR)

3

PowerShares KBW Premium Yield Equity REIT Portfolio (KBWY)

4

iShares FTSE NAREIT Real Estate 50 Index Fund (FTY)

See full rankings for Real Estate Funds

Slide Shows
7 Mutual Funds That Make Huge Bets

These funds invest much of their portfolios in one company.

Why Dow 14,000 Is a Tough Milestone

History shows this mark to be one of the most difficult for the market.

Emerging Markets to Consider in 2013

The Philippines, China and other key emerging markets for this year.