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DRV  Direxion Daily MSCI Real Estate Be…
Exchange-Traded Fund
NYSE Arca

Morningstar Summary

Ratings & Reports

  • Overall
    as of --
    Star Rating: 0Not Rated
    Out of -- funds
  • 3 Year
    Star Rating: 0Not Rated
    Out of -- funds
  • 5 Year
    Star Rating: 0Not Rated
    Out of -- funds
  • 10 Year
    Star Rating: 0Not Rated
    Out of -- funds

Historical Risk

  • Low
  • Below Average
  • Avg
  • Above Average
  • High

Historical Return

  • Low
  • Below Average
  • Avg
  • Above Average
  • High

Morningstar Style Box

Market Cap vs. Investment Style
Selected Values: Undefined
Value
Blend
Growth
Large
Mid
Small

Price Movement of DRV

Chart for Price Movement
DRV is up 1.70% over the last 3 days.
Bid/Ask1$8.92 / $8.96
Open$8.84
Previous Close$8.82
Day Low/High
Last Price
$8.99  0% or $0.00 from its Day high
$8.79
$8.99
52 Week Range
Last Price
$8.99  6% or $0.49 from its 52 Week low
$8.50
8/20/2018
$15.62
2/09/2018
Price/Earnings--
Price/Cash Flow--
Price/Revenue--

Fund Detail

as of 8/31/2018

Profile

Profile
Total Net Assets$15.6 M
Premium/Discount0.11%
Portfolio Turnover0.00%
Total Holdings9
Fund TypeETF
Transaction FeeYes

Distributions and Yield

Distributions and Yield
Distribution Yield0.02%
Most Recent Dividend$0.0021
Previous Pay Date6/26/2018
Ex-Date6/19/2018
Distribution FrequencyQuarterly
SEC Yield--

Total Returns

as of 8/31/2018

Standardized Returns

Standardized Returns: Monthly
Description3 Month1 Year3 Year5 Year10 YearInception3 Month1 Year3 Year5 Year10 YearInception3 Month1 Year3 Year5 Year10 YearInception
DRV Market Price
-17.24%-15.26%-29.56%-33.04%---50.74%-21.17%-20.73%-32.47%-34.88%---51.04%-25.81%-15.11%-30.39%-31.36%---51.11%
DRV NAV
-17.18%-15.35%-29.55%-33.06%---50.74%-21.35%-20.70%-32.52%-34.88%---51.01%-25.72%-14.94%-30.31%-31.30%---51.07%
Trading--Inverse Equity
Morningstar Category
------------0.26%-24.20%-16.81%-30.49%-20.82%--0.85%-14.46%-21.11%-29.79%-20.40%--
S&P 500
Index
4.42%17.79%15.58%13.44%11.97%10.77%7.76%19.66%16.11%14.52%10.86%10.79%3.43%14.37%11.93%13.42%10.17%10.68%
View Performance >

Top 5 Holdings

as of 8/31/2018
Top 5 Holdings
--Msci Us Reit Index Swap22.15%
--Msci Us Reit Index Swap2.84%
Total
24.99%
More Holdings >

Top Sectors

Sectors data unavailable
Top SectorsTop Sectors
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Additional Trading Options
Fund Highlights
Fund Strategy
The investment seeks daily investment results- before fees and expenses- of 300% of the inverse of the daily performance of the MSCI US REIT IndexSM. The fund invests in swap agreements- futures contracts- short positions or other financial instruments that- in combination- provide inverse or short leveraged exposure to the index equal to at least 80% of its net assets (plus borrowing for investment purposes). The index is a free float-adjusted market capitalization weighted index that is comprised of equity REITs that are included in the MSCI US Investable Market 2500 Index- with the exception of specialty equity REITs. The fund is non-diversified.
Morningstar Category
These funds seek to generate returns equal to an inverse fixed multiple of short-term returns of an equity index. The compounding of short-term returns results in performance that does not correspond to those of investing in the index with external leverage. For example, a fund attempting to achieve negative 2 times the returns of a given index on a daily basis is unlikely to deliver anything like negative 2 times the index's returns over periods longer than one day. Many of these funds seek to generate a multiple typically negative 1 to negative 3 times the daily or weekly return of the reference index. Trading funds are not considered suitable for a long-term investor and are designed to be used by active traders.
  • Inception Date
    07/16/2009
  • 1.09%
    Net Expense may include reimbursements or fee waivers, which may be voluntary or contractual and may expire. See prospectus for more details.
  • Gross Expense Ratio
    1.48%
  • Index Fund
    Yes
  • Leveraged Fund
    Yes
  • Socially Conscious
    No
  • Actively Managed
    No
  • Fund Family
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