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Direxion Daily Real Estate Bear 3X Shares

DRV
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jul 16 2009
Expense Ratio
0.99%
Type
US Equities
Fund Owner
Direxion Shares
Volume (1m avg. daily)
$28,246,089
AUM
$161,993,983
Associated Index
S&P Real Estate Select Sector Index
Inverse/Leveraged
Inverse (-3x)
Passive/Active
Passive
Fractionable on Composer
No
Prospectus

Top 10 Holdings

n/a
GOLDMAN FINL SQ TRSRY INS
-4.90%
n/a
DREYFUS GOVT CASH MGMT
-6.09%
n/a
GOLDMAN FINL SQ TRSRY INST 506
-8.48%
n/a
DREYFUS GOVT CASH MGMT
-9.49%
n/a
GOLDMAN FINL SQ TRSRY INST 506
-11.56%
n/a
DREYFUS GOVT CASH MGMT
-22.36%
Invest with DRV

What is DRV?

The Direxion Daily Real Estate Bull Bear (DRV) 3X Shares seek daily investment results, before fees and expenses, of 300%, or 300% of the inverse (or opposite), of the performance of the Real Estate Select Sector Index. There is no guarantee the funds will meet their stated investment objective.

ETFs related toDRV

ETFs correlated to DRV include SRS, REK, SEF

DRV
Direxion Shares ETF Trust - Direxion Daily Real Estate Bear -3X Shares
SRS
ProShares Trust - ProShares UltraShort Real Estate -2x Shares
REK
ProShares Trust - ProShares Short Real Estate -1x Shares
SEF
ProShares Trust - ProShares Short Financials -1x Shares
SPXU
ProShares Trust - ProShares UltraPro Short S&P 500
SDS
ProShares Trust - ProShares UltraShort S&P500 -2x Shares
SH
ProShares Trust - ProShares Short S&P500 -1x Shares
SPXS
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bear -3X Shares
SPDN
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bear 1X Shares
RWM
ProShares Trust - ProShares Short Russell2000 -1x Shares
TWM
ProShares Trust - ProShares UltraShort Russell2000 -2x Shares

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toDRV

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with DRV using Composer

FAQ

DRV is a US Equities ETF. The Direxion Daily Real Estate Bull Bear (DRV) 3X Shares seek daily investment results, before fees and expenses, of 300%, or 300% of the inverse (or opposite), of the performance of the Real Estate Select Sector Index. There is no guarantee the funds will meet their stated investment objective.

The top holdings for DRV include GOLDMAN FINL SQ TRSRY INS, DREYFUS GOVT CASH MGMT, and GOLDMAN FINL SQ TRSRY INST 506.

DRV has 9 total holdings.

DRV tracks the S&P Real Estate Select Sector Index.

No, DRV is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, DRV is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on DRV is -0.1938%. This is the percent change in the value of DRV over the most recent 1-month period. The 3-month return on DRV is -0.364%. This is the percent change in the value of DRV over the most recent 3-month period.

The standard deviation of DRV for the past year is 0.7693%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to DRV include TNA, TZA, and PSQ.

ETFs correlated to DRV include SRS, REK, and SEF.

ETFs that are inversely correlated to DRV include DRN, XLRE, and ICF.

Yes, DRV is a Inverse (-3x) ETF: This means that DRV will try to match the performance of S&P Real Estate Select Sector Index, but with 3x the returns.

Yes, DRV is a Inverse (-3x) leveraged ETF: This means that {characteristics.Identifier} will try to match the performance of S&P Real Estate Select Sector Index, but move 3x in the opposite direction.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.