Direxion Daily Real Estate Bull 3X ETF (DRN)
Direxion Daily Real Estate Bull 3X ETF operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $10.68, up 2.79% on the session, giving a market capitalisation of $44.0M. Its beta of 2.69 implies it has historically moved more than the broad market.
The Direxion Daily Real Estate Bull and Bear 3X exchange-traded funds (ETFs) are structured to provide daily returns that endeavor to match three times (300%) the performance of the Real Estate Select Sector Index (IXRETR), or three times its inverse, before deducting any fees and expenses. Investors should be aware that the successful attainment of these stated investment objectives is not guaranteed.
Direxion Daily Real Estate Bull 3X ETF is most often compared with the following Financial Services names: