Direxion Daily Real Etf Profile

DRN Etf  USD 9.95  0.11  1.12%   


14 of 100


Odds Of Distress

Less than 9

Direxion Daily is selling at 9.95 as of the 15th of July 2024; that is 1.12 percent up since the beginning of the trading day. The etf's open price was 9.84. Direxion Daily has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Direxion Daily Real are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 15th of June 2024 and ending today, the 15th of July 2024. Click here to learn more.
The fund invests at least 80 percent of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. More on Direxion Daily Real

Moving together with Direxion Etf

  0.8SSO ProShares Ultra SP500PairCorr
  0.8SPXL Direxion Daily SP500PairCorr
  0.74QLD ProShares Ultra QQQPairCorr
  0.8UPRO ProShares UltraPro SP500PairCorr
  0.73TECL Direxion Daily TechnologyPairCorr

Moving against Direxion Etf

  0.48NRGU MicroSectors Big OilPairCorr
  0.42GUSH Direxion Daily SPPairCorr

Direxion Etf Highlights

Thematic Ideas
(View all Themes)
Old Names[DAB BANK AG, DRN, DAB BANK AG - Frankfurt Stock Exchang]
Business ConcentrationSector ETFs, Real Estate ETFs, Trading--Leveraged Equity, Direxion Funds (View all Sectors)
Inception Date2009-07-15
BenchmarkReal Estate Select Sector Index
Entity TypeRegulated Investment Company
Asset Under Management80.41 Million
Average Trading Valume644,445.7
Asset TypeReal Estate
FocusReal Estate
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorU.S. Bancorp Fund Services, LLC
AdvisorRafferty Asset Management, LLC
CustodianThe Bank of New York Mellon Corporation
DistributorForeside Fund Services, LLC
Portfolio ManagerPaul Brigandi, Tony Ng
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-Aug
ExchangeNYSE Arca, Inc.
Number of Constituents40.0
Market MakerVirtu Financial
Total Expense1.17
Management Fee0.75
Country NameUSA
Returns Y T D(6.1)
NameDirexion Daily Real Estate Bull 3X Shares
Currency CodeUSD
Open FigiBBG000J9G9N7
In Threey Volatility65.91
1y Volatility65.77
200 Day M A8.5325
50 Day M A8.5106
Updated At15th of July 2024
Currency NameUS Dollar
Direxion Daily Real [DRN] is traded in USA and was established 2009-07-16. The fund is classified under Trading--Leveraged Equity category within Direxion Funds family. The entity is thematically classified as Sector ETFs. Direxion Daily Real currently have 38.75 M in assets under management (AUM). , while the total return for the last 3 years was -23.1%.
Check Direxion Daily Probability Of Bankruptcy

Top Direxion Daily Real Etf Constituents

VNQVanguard Real EstateEtfReal Estate
AMTAmerican Tower CorpStockReal Estate
AVBAvalonBay CommunitiesStockReal Estate
CCICrown CastleStockReal Estate
DLRDigital Realty TrustStockReal Estate
EQIXEquinixStockReal Estate
EQREquity ResidentialStockReal Estate
PLDPrologisStockReal Estate
More Details

Direxion Daily Real Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Direxion Daily market risk premium is the additional return an investor will receive from holding Direxion Daily long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Direxion Daily. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Direxion Daily's alpha and beta are two of the key measurements used to evaluate Direxion Daily's performance over the market, the standard measures of volatility play an important role as well.

Direxion Daily Against Markets

Additional Information and Resources on Investing in Direxion Etf

When determining whether Direxion Daily Real is a strong investment it is important to analyze Direxion Daily's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Direxion Daily's future performance. For an informed investment choice regarding Direxion Etf, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Direxion Daily Real. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
The market value of Direxion Daily Real is measured differently than its book value, which is the value of Direxion that is recorded on the company's balance sheet. Investors also form their own opinion of Direxion Daily's value that differs from its market value or its book value, called intrinsic value, which is Direxion Daily's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Direxion Daily's market value can be influenced by many factors that don't directly affect Direxion Daily's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Direxion Daily's value and its price as these two are different measures arrived at by different means. Investors typically determine if Direxion Daily is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Direxion Daily's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.