DRV
Direxion Daily Real Estate Bear 3x Shares

Price: $4.41
Change: $0.02 (-0.0%)
Last Updated:

Vitals

Brand Direxion
Structure ETF
Expense Ratio 1.08%
ETF Home Page Home page
Inception Jul 16, 2009

Analyst Report

This ETF offers -3x daily leverage to an index comprised of U.S. REITs, giving sophisticated investors a powerful tool for expressing a bearish short-term view of the U.S. real estate sector. It should be noted that the daily reset feature combined with the explicit leverage in this ETF make DRV inappropriate for investors without the ability or willingness to monitor this position on a regular (daily) basis. Moreover, investors should note that the stated target multiple is applicable only for a single trading session; returns over multiple sessions depend on the path taken by the underlying index during that period. For sophisticated investors with a fair amount of tolerance for risk and volatility, this ETF can be a very powerful tool for hedging real estate exposure or simply for speculating on a decline in the value of this asset class over a short period of time. But DRV shouldn’t ever be found in a long-term, buy-and-hold portfolio; it’s simply too risky, and the nuances of this fund make significant losses possible when held for an extended period of time in volatile markets. DRV is a trading instrument, and should be treated as such.

ETF Database Themes

Inverse Yes
Leveraged 3x
Asset Class Real Estate
Asset Class Size Multi-Cap
Asset Class Style Blend
Sector (General) Real Estate
Sector (Specific) Broad
Region (General) North America
Region (Specific) U.S.

FactSet Classifications

  • Segment Inverse Equity: U.S. Real Estate
  • Category Sector
  • Focus Real Estate
  • Niche Broad-based
  • Strategy Vanilla
  • Weighting Scheme Market Cap

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $4.05
  • 52 Week Hi $16.01
  • AUM $19.3 M
  • Shares 4.4 M

Historical Trading Data

  • 1 Month Avg. Volume 514,145
  • 3 Month Avg. Volume 342,653

Alternative ETFs in the ETF Database Leveraged Real Estate Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest SRS 0.95% $13.8 M 26,850 -41.75%
Largest (AUM) REML 1.30% $220.6 M 432,652 25.17%
Most Liquid (Volume) REML 1.30% $220.6 M 432,652 25.17%
Top YTD Performer DRN 0.99% $142.8 M 305,517 96.02%

Alternative ETFs in the FactSet Inverse Equity: U.S. Real Estate Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest SRS 0.95% $13.8 M 26,850 -41.75%
Largest (AUM) SRS 0.95% $13.8 M 26,850 -41.75%
Most Liquid (Volume) SRS 0.95% $13.8 M 26,850 -41.75%
Top YTD Performer REK 0.95% $9.2 M 10,595 -23.35%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

DRV ETF Database Category Average FactSet Segment Average
Number of Holdings 3 49 1
% of Assets in Top 10 100.01% 63.58% 100.00%
% of Assets in Top 15 100.01% 68.66% 100.00%
% of Assets in Top 50 100.01% 81.33% 100.00%

Size Comparison

DRV ETF Database Category Average FactSet Segment Average
Large (>12.9B) 44.87% 30.50% 46.04%
Mid (>2.7B) 36.61% 26.62% 41.03%
Small (>600M) 17.39% 9.17% 12.55%
Micro (<600M) 1.13% 0.38% 0.38%

DRV Valuation

This section compares the P/E ratio of this ETF to its peers.

DRV
P/E Ratio
N/A
ETF Database Category Average
P/E Ratio
6.83
FactSet Segment Average
P/E Ratio
N/A

DRV Dividend

This section compares the dividend yield of this ETF to its peers.

DRV ETF Database Category Average FactSet Segment Average
Dividend $ 0.06 $ 0.07 $ 0.03
Dividend Date 2020-03-24 N/A N/A
Annual Dividend Rate N/A $ 0.12 N/A
Annual Dividend Yield N/A 0.22% N/A

DRV Price and Volume Chart

DRV Fund Flows

View charts featuring ETF fund flow data.

5 Day Net Flows: -443.3 K 1 Month Net Flows: 1.4 M 3 Month Net Flows: 4.14 M 6 Month Net Flows: 10.12 M 1 Year Net Flows: 2.84 M 3 Year Net Flows: 77.01 M 5 Year Net Flows: 76.37 M 10 Year Net Flows: 144.15 M

DRV Price vs Flows AUM Influence

View charts that break down the influence that fund flows and price had on overall assets.

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for DRV on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Leveraged Real Estate with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity A- n/a
Expenses B n/a
Performance
Volatility
Dividend
Concentration

A+ Overall Rated ETF:

DRV Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

DRV
Expense Ratio
1.08%
ETF Database Category Average
Expense Ratio
1.04%
FactSet Segment Average
Expense Ratio
0.99%

Tax Analysis

Max ST Capital Gains Rate 39.60%
Max LT Capital Gains Rate 20.00%
Tax On Distributions Ordinary income
Distributes K1 No
ESG Themes and Scores

DRV does not have an ESG score. There are no ESG themes that map to this ETF.

DRV Performance

This section shows how this ETF has performed relative to its peers.

DRV ETF Database
Category Average
Factset Segment
Average
1 Month Return -4.96% 1.47% -3.26%
3 Month Return -13.36% 2.51% -8.64%
YTD Return -57.14% 16.62% -40.75%
1 Year Return -66.54% 37.62% -47.63%
3 Year Return -91.28% -21.28% -70.55%
5 Year Return -93.42% -19.21% -74.36%

Geographic Exposure

The following charts reflect the geographic spread of DRV's underlying holdings.

Holdings Analysis

The following charts reflect the allocation of DRV's underlying holdings.

DRV Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETF Database Category.

5 Day Volatility
476.34%
Rank
1 of 6

20 Day Volatility
43.47%
Rank
1 of 6

50 Day Volatility
40.34%
Rank
1 of 6

200 Day Volatility
41.46%
Rank
1 of 6

Beta
-1.78
Rank
5 of 6

Standard Deviation
2.88%
Rank
5 of 6

Technicals

  • 20 Day MA $4.74
  • 60 Day MA $4.60
  • MACD 15 Period -0.37
  • MACD 100 Period -0.41
  • Williams % Range 10 Day 88.76
  • Williams % Range 20 Day 88.76
  • RSI 10 Day 36
  • RSI 20 Day 43
  • RSI 30 Day 44
  • Ultimate Oscillator 40

Bollinger Bands

  • Lower Bollinger (10 Day) $4.30
  • Upper Bollinger (10 Day) $5.12
  • Lower Bollinger (20 Day) $4.35
  • Upper Bollinger (20 Day) $5.12
  • Lower Bollinger (30 Day) $4.17
  • Upper Bollinger (30 Day) $5.10

Support & Resistance

  • Support Level 1 $4.34
  • Support Level 2 $4.28
  • Resistance Level 1 $4.49
  • Resistance Level 2 $4.58

Stochastic

  • Stochastic Oscillator %D (1 Day) 36.49
  • Stochastic Oscillator %D (5 Day) 16.87
  • Stochastic Oscillator %K (1 Day) 39.17
  • Stochastic Oscillator %K (5 Day) 22.78

Financial Advisor Report

ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.

Data Lineage

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Analyst Report Authors

ETF Database analysts have a combined 50 years in the ETF and Financial markets, covering every asset class and investment style. The team monitors new filings, new launches and new issuers to make sure we place each new ETF in the appropriate context so Financial Advisors can construct high quality portfolios.

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