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›ETF Providers›Direxion›DRN
DRN
US25459W7552
Passive ETFEquity

DRN ETF · Direxion Daily Real Estate Bull 3x Shares ETF

The Direxion Daily Real Estate Bull 3x Shares ETF (DRN) is an investment instrument that aims to replicate, before fees and expenses, the daily investment results of 300% of the performance of the Real Estate Select Sector Index. This particular index monitors publicly traded companies that operate in the real estate sector in the United States. The exposure offered by this exchange-traded fund (ETF) is primarily to real estate management and development companies. This includes residential, office, retail, healthcare, and industrial properties among others. It must be noted that this ETF is not for every kind of investor. As an ETF following a leveraged investing approach, it carries considerable risk along with the potential for significant returns. This methodology uses financial derivatives and debt to amplify the returns of an underlying index, making it particularly sensitive to market changes. DRN intends to meet its investment objectives by investing at least 80% of its net assets in securities that make up its index. It is designed chiefly for investors looking for a cost-effective and efficient way to gain broad, dynamic exposure to the real estate sector. One should keep abreast with daily changes in net asset value considering the underlying volatility owing to leverage. In order to invest wisely, potential investors need a thorough understanding of leveraged ETFs like DRN. Additionally, they should be capable of tackling inherent risks due to intense exposure and leverage. Investors need to have clear knowledge about market trends as this fund does not ensure returns on investment over a long-term horizon. While staying within set guidelines and maintaining an academic tone, it is salient to highlight that objective analysis, personal research, and professional advice are vital when navigating leveraged ETFs such as this.

Last update 3/13/2026, 1:30 PM UTC
LIVE
CLOSED
This fund is part ofLeveraged Equity1M perf.-3.63%
Last price
$9.48
1M perf.
-9.22%
1M flows
-€5.2M
AuM
€43M
E/R
0.99%
Rating
Not rated
ESG Consensus®
esg grade icon
DRN
$9.48

Performance & flows

December 15, 2025 → March 13, 2026
0-10-5051015202530%JANFEBMAR
Create a free account to view the flows graph
DRN
$9.48
+9.79%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
-9.22%
+9.79%
+2.96%
+12.69%
-34.09%
-10.89%
+11.43%
+11.43%
Flows

Key fund info

This ETF's jurisdiction country is not in your region (Europe and Middle East) Â· 
Main characteristics
Issuer
CUSIP
25459W755
ISIN
US25459W7552
AuM
€43M
E/R
0.99%
Replication rating
Not rated
ESG Consensus®
esg grade icon
More details
NAV
3/13/2026
$9.48
1D NAV change
+0.72%
Dividend policy
Replication method
Indirect
Replication model
Unfunded swap
No. of holdings
N/A
Inception date
7/16/2009
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Fund
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Product type
Benchmark
S&P Real Estate Select Sector Index
Asset class
Factors
N/A
Investment strategy
The Direxion Daily MSCI Real Estate Bull 3X Shares seek daily investment results, before fees and expenses, of 300% (or opposite), of the performance of the MSCI US IMI Real Estate 25/50 Index.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile

Historical risk/return profile

3M1Y3Y5Y
Returns
+9.79%
+2.96%
+12.69%
-34.09%
Volatility
Perf./Volatility
Max drawdown
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
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Exposure

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Sustainability

Integrates ESG criteria
No
SDG
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Issuer

Direxion
Direxion ID Card
Number of funds
127
Total AuM
€43.07B
Expense ratio range
0.35% - 9.48%
Average expense ratio
1.5101%

Frequently asked questions about DRN

What does Direxion Daily Real Estate Bull 3x Shares ETF, DRN, invest in?

DRN is a Passive ETF. This ETF provides leveraged exposure (3x) to Large Cap US Real Estate Equities.

Which benchmark or index does DRN replicate?

DRN tracks the S&P Real Estate Select Sector Total Return Index - USD, through a unfunded swap replication method.

What is the Total Expense ratio (TER) of DRN?

DRN carries a total expense ratio (TER) of 0.99%, indicating the annual cost for holding the fund.

When was DRN launched?

DRN was introduced to the market on July 16, 2009. It trades on United States

Who is the ETF issuer of DRN?

Direxion Daily Real Estate Bull 3x Shares ETF, DRN, is provided by Direxion. Learn more about Direxion here.

What is the current assets under management (AUM) of DRN?

DRN oversees €43M in assets as of March 13, 2026.

How has DRN performed lately?

Based on data from March 13, 2026, DRN returned -9.22% over the past month, 9.79% over the last three months and 11.43% year-to-date.

What are the latest inflows or outflows for DRN?

As of March 13, 2026, DRN recorded net flows of -€5.3M over the last month and -€10M year-to-date.

Does DRN distribute dividends?

DRN follows a distributing dividend policy, meaning it pays out income to investors. As of March 13, 2026, its 12-month trailing yield was 2.52%.

What is the base currency of DRN?

The base currency of DRN is USD.

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