DRV ISSUER
The Direxion Daily Real Estate Bear 3x Shares ETF (DRV) is offered by Direxion, a well-known issuer of leveraged and inverse ETFs. Direxion specializes in providing products that offer amplified exposure to various sectors and asset classes. DRV aims to deliver three times the inverse daily performance of the S&P Real Estate Select Sector Index, which includes companies in the real estate management, development, and real estate investment trust (REITs) industries, excluding mortgage REITs. Direxion employs a unique approach to achieve its investment objective, utilizing swap agreements, futures contracts, and other financial instruments to provide investors with a tool to profit from declines in the real estate sector. Please note that DRV is a non-diversified fund and is subject to significant risk due to its leveraged and inverse strategy, which may lead to losses that can exceed the index's performance over time.
DRV DIVIDEND
The Direxion Daily Real Estate Bull 3x Shares ETF (DRV) is designed to provide investors with triple the daily performance of the MSCI US REIT Index. While DRV primarily focuses on daily leveraged returns, it still reflects the dividend distribution of the underlying index. Dividends from the constituent companies of the MSCI US REIT Index are typically distributed on a quarterly basis, subject to the individual dividend policies and performances of these real estate investment trusts. Investors in DRV may benefit from both the potential for capital appreciation and some dividend income, making it an attractive option for those seeking exposure to the real estate sector.
DRV TRACKING
DRV, the Direxion Daily Real Estate Bear 3X Shares ETF, seeks to provide inverse leveraged exposure to the S&P 500® Real Estate Sector Index. This ETF employs a strategy that aims to achieve daily returns that are three times the inverse of the daily performance of the S&P 500® Real Estate Sector Index. The index is provided by S&P Dow Jones Indices and includes securities of companies in the real estate management and development and real estate investment trusts (REITs) industries, excluding mortgage REITs. DRV utilizes financial instruments such as swap agreements, futures contracts, and short positions to achieve its investment objective. Investors looking to profit from a decline in the real estate sector may consider DRV as a tool to amplify their inverse exposure. However, it's important to note that DRV's performance may not perfectly align with the index over extended periods due to daily rebalancing and compounding effects.
DRV CORRELATION
The correlation aspect of the Direxion Daily Real Estate Bear 3x Shares (DRV) ETF is notable for its inverse relationship with the performance of the real estate sector. DRV seeks daily investment results, before fees and expenses, that are three times the inverse (opposite) of the daily performance of the Real Estate Select Sector Index. This means that when the real estate sector performs poorly, DRV tends to perform well, making it a potential tool for investors looking to hedge against or profit from declines in the real estate market. Investors interested in studying DRV's correlations with other assets and sectors can utilize the ETF Insider web app, which provides in-depth data and visualizations for US ETFs, helping them uncover valuable insights into market trends and overlaps.
DRV SECTOR
The Direxion Daily Real Estate Bear 3x Shares ETF (DRV) is primarily involved in the real estate sector, focusing on providing inverse leveraged exposure to the performance of the underlying index. The index is comprised of companies from the real estate management and development and real estate investment trusts (REITs) industries, excluding mortgage REITs. DRV seeks to achieve its investment objective by employing derivatives, futures contracts, and short positions, offering investors a way to potentially profit from declines in the real estate sector. However, it's essential to note that DRV is a high-risk investment due to its leveraged and inverse nature, making it suitable for experienced and risk-tolerant investors.
DRV EXPOSURE
The Direxion Daily Real Estate Bear 3X Shares (DRV) provides investors with exposure to a specific sector of the U.S. equity market, namely the real estate sector. DRV is designed to deliver daily inverse leveraged performance, aiming to achieve three times the inverse of the daily performance of the Select Sector Index it tracks, which primarily includes companies in real estate management, development, and real estate investment trusts (REITs). With its focus on inverse leveraged exposure to this sector, DRV allows investors to potentially benefit from declining real estate markets or to hedge against real estate-related risks.