NYSEARCA:DRV

Direxion Daily Real Estate Bear 3X Shares (DRV) Price, Holdings, & News

$44.38
-0.05 (-0.11%)
(As of 04/26/2024 ET)
Today's Range
$43.13
$44.68
50-Day Range
$34.26
$47.02
52-Week Range
$33.25
$72.19
Volume
173,799 shs
Average Volume
249,256 shs
Market Capitalization
$112.28 million
Assets Under Management
$110.42 million
Dividend Yield
0.47%
Net Expense Ratio
0.99%

About Direxion Daily Real Estate Bear 3X Shares

The Direxion Daily Real Estate Bear 3X Shares (DRV) is an exchange-traded fund that is based on the S&P Real Estate Select Sector index. The fund provides 3x leveraged inverse exposure to an index that captures large cap equities of the US real estate segment. DRV was launched on Jul 16, 2009 and is managed by Direxion.

DRV Stock Price History

DRV ETF News Headlines

Direxion Daily Real Estate Bear 3X Shares
The Next Step of Their Control Is Here …
Earlier this week, Section 702 of the Foreign Intelligence Surveillance Act (FISA) was renewed for an additional two years. What does this mean? It means the government has more time — and more ways — to surveil and control you.
The Next Step of Their Control Is Here …
Earlier this week, Section 702 of the Foreign Intelligence Surveillance Act (FISA) was renewed for an additional two years. What does this mean? It means the government has more time — and more ways — to surveil and control you.
Direxion Daily MSCI Real Est Bear 3X ETF (DRV)
See More Headlines
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Fund Details

Issuer
Direxion
Fund Name
Direxion Daily Real Estate Bear 3X Shares
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:DRV
Inception Date
7/15/2009
Fund Manager
Paul Brigandi, Tony Ng
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Real Estate
Benchmark
Real Estate Select Sector Index
Category
Sector
Focus
Real Estate
Development Level
Developed Markets
Region
North America
Number of Holdings
13

Fund Statistics

Assets Under Management
$110.42 million
Average Daily Volume
$230,121.50
Discount/Premium
-0.02%
Leveraged
-3.00

Administrator, Advisor and Custodian

Administrator
U.S. Bancorp Fund Services, LLC
Advisor
Rafferty Asset Management, LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
Foreside Fund Services, LLC
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
Optionable
Options Volume
1,252
Put Options
39
Call Options
1,213
Short Interest
89,600 shs

Miscellaneous

Beta
-2.92
Creation Unit
50,000
Creation Fee
$250.00
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Direxion Daily Real Estate Bear 3X Shares Expenses

TypeDRVReal Estate ETFsReal Estate ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.47%0.42%0.50%0.51%
Other Expenses0.46%0.55%0.25%0.64%0.58%
Total Expense1.21%0.62%0.49%0.74%0.70%
Fee Waiver-0.22%-0.55%-0.19%-0.68%-0.57%
Net Expense0.99%0.49%0.45%0.58%0.58%

Direxion Daily Real Estate Bear 3X Shares (DRV) Holdings

Top 5 DRV Holdings

  • GOLDMAN FINL SQ TRSRY INST 506
    Holding Weight: 59.89%
  • DREYFUS GOVT CASH MAN INS
    Holding Weight: 35.22%
  • REAL ESTATE SELECT SECTOR INDEX SWAP
    Holding Weight: -14.98%
  • REAL ESTATE SELECT SECTOR INDEX SWAP
    Holding Weight: -103.35%
  • REAL ESTATE SELECT SECTOR INDEX SWAP
    Holding Weight: -181.67%

DRV ETF - Frequently Asked Questions

How have DRV shares performed in 2024?

Direxion Daily Real Estate Bear 3X Shares' stock was trading at $34.37 at the beginning of the year. Since then, DRV stock has increased by 29.1% and is now trading at $44.38.
View the best growth stocks for 2024 here
.

What does DRV invest in?

Direxion Daily Real Estate Bear 3X Shares is a real estate fund issued by Direxion. DRV focuses on real estate investments and follows the Real Estate Select Sector Index. The fund's investments total to approximately $110.42 million assets under management.

What is the management fee for Direxion Daily Real Estate Bear 3X Shares?

Direxion Daily Real Estate Bear 3X Shares' management fee is 0.75% and has other expenses of 0.46%. However, DRV has a fee waiver of -0.22% to reimburse the expenses. The net expense ratio for DRV is 0.99%.

When did Direxion Daily Real Estate Bear 3X Shares' stock split?

Shares of Direxion Daily Real Estate Bear 3X Shares reverse split on the morning of Monday, October 25th 2021. The 1-10 reverse split was announced on Monday, October 25th 2021. The number of shares owned by shareholders was adjusted after the market closes on Monday, October 25th 2021. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

What other stocks do shareholders of Direxion Daily Real Estate Bear 3X Shares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Direxion Daily Real Estate Bear 3X Shares investors own include Broadcom (AVGO), Cisco Systems (CSCO), Akamai Technologies (AKAM), BWX Technologies (BWXT), EOG Resources (EOG), Enterprise Products Partners (EPD), Fortinet (FTNT), Knight-Swift Transportation (KNX), Mastercard (MA) and PepsiCo (PEP).

Who are Direxion Daily Real Estate Bear 3X Shares' major shareholders?

Direxion Daily Real Estate Bear 3X Shares' stock is owned by a number of institutional and retail investors. Top institutional investors include IMC Chicago LLC (0.43%).
View institutional ownership trends
.

How do I buy shares of Direxion Daily Real Estate Bear 3X Shares?

Shares of DRV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:DRV) was last updated on 4/26/2024 by MarketBeat.com Staff

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