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Direxion Daily Real Estate Bear 3X ETF

NYSE ARCA: DRV
11.69
-0.43
-3.55%
8/29/2016 2:01 PM EDT
5 Years
  • Open

    12.00

  • Previous Close

    12.12

  • Vol (3-Month Avg.)

    105.27k

  • Day's Range

    11.66-12.00

  • 52 week range

    10.45-30.76

  • Net Assets

    21.31M

  • Yield

    0.00%

  • Category

    Trading--Inverse Equity

  • Morningstar Risk

    -

Profile

Name of Issuer

Direxion Funds

Expenses

0.95%

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the MSCI US REIT IndexSM. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in: swap agreements; futures contracts; options; reverse repurchase agreements; exchange-traded funds ("ETFs"); and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the MSCI US REIT IndexSM. The index is comprised of equity REITs that are included in the MSCI US Investable Market 2500 Index. The fund is non-diversified.

Inception

7/16/2009

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