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DRV
US25460G4192
Passive ETFEquity

DRV ETF · Direxion Daily Real Estate Bear 3X Shares ETF

The Direxion Daily Real Estate Bear 3X Shares ETF - USD, symbolized as DRV, is an exchange-traded fund (ETF) that seeks the daily investment results of 300% of the inverse (or opposite) of the daily performance of the Real Estate Select Sector Index. It is necessary to underscore that this index measures the performance of equity real estate investment trusts (REITs) that are listed on US markets. The Direxion Daily Real Estate Bear 3X Shares ETF effectively leverages its assets in an attempt to magnify its returns relative to the aforementioned index. Launched in 2009, DRV boasts of inclusion in Direxion's broad suite of ETF offerings which host a substantial diversification across various investment themes. Noteworthy to mention, is that such a product is typically utilized by more sophisticated investors due to inherent risks associated with its leveraged nature. It is important to understand and diligently consider the fund's investment strategy before taking any course of action. The ETF has a remarkable emphasis on real estate equities from REITs. Consequently, its performance could substantially depend upon factors that impact this specific industry sector. These could include operational, economic, or legislative factors influencing REITs or real estate market conditions broadly. Finally, it must be outlined that this fund does not seek to achieve 300% of the inverse of the benchmark index performance over periods longer than one day. This creates an environment where potential compounding effects can diverge performance from expectations over longer periods. For further information about this financial instrument, investors are encouraged to explore official provider sources.

Last update Yesterday at 1:30 PM UTC
LIVE
CLOSED
This fund is part ofInverse Equity1M perf.+9.64%
Last price
$23.57
1M perf.
+20.92%
1M flows
-€4.3M
AuM
€32M
E/R
1.06%
Rating
Not rated
ESG Consensus®
esg grade icon
DRV
$23.57

Performance & flows

January 2, 2026 → April 1, 2026
0-20-15-10-50%FEBMARAPRFEBMARAPR
Create a free account to view the flows graph
DRV
$24.76
-5.88%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
+20.92%
-5.88%
-3.04%
-44.30%
-61.33%
-0.86%
-0.86%
-5.92%
Flows

Key fund info

This ETF's jurisdiction country is not in your region (Europe and Middle East) · 
Main characteristics
Issuer
CUSIP
25460G419
ISIN
US25460G4192
AuM
€32M
E/R
1.06%
Replication rating
Not rated
ESG Consensus®
esg grade icon
More details
NAV
4/1/2026
$24.71
1D NAV change
-0.86%
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
Create a free account to view dividend distribution
Classification
Product type
Benchmark
S&P Real Estate Select Sector Index
Asset class
Factors
N/A
Investment strategy
The Direxion Daily Real Estate Bear 3X Shares seek daily investment results, before fees and expenses, of 300% of the inverse (or opposite), of the performance of the Real Estate Select Sector Index (IXRETR).
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile

Historical risk/return profile

3M1Y3Y5Y
Returns
-5.88%
-3.04%
-44.30%
-61.33%
Volatility
Perf./Volatility
Max drawdown
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
More exposure metrics are available, exclusively in Trackinsight Enterprise

Exposure

The DRV ETF provides synthetic exposure. It uses derivatives to replicate the index's performance, so we do not display its exposure breakdown.

To find out more about DRV's exposure, please refer to the as provided by Direxion.

More risk metrics are available, exclusively in Trackinsight Enterprise

Sustainability

Integrates ESG criteria
No
SDG
More sustainability metrics are available, exclusively in Trackinsight Enterprise

Issuer

Direxion
Direxion ID Card
Number of funds
131
Total AuM
€43.05B
Expense ratio range
0.35% - 9.48%
Average expense ratio
1.4942%

Frequently asked questions about DRV

What does Direxion Daily Real Estate Bear 3X Shares ETF, DRV, invest in?

DRV is a Passive ETF. This ETF provides inverse exposure (-3x) to Large Cap US Real Estate Equities.

Which benchmark or index does DRV replicate?

DRV 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 DRV?

DRV carries a total expense ratio (TER) of 1.06%, indicating the annual cost for holding the fund.

When was DRV launched?

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

Who is the ETF issuer of DRV?

Direxion Daily Real Estate Bear 3X Shares ETF, DRV, is provided by Direxion. Learn more about Direxion here.

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

DRV oversees €32M in assets as of April 1, 2026.

How has DRV performed lately?

Based on data from April 1, 2026, DRV returned 20.92% over the past month, -5.88% over the last three months and -5.92% year-to-date.

What are the latest inflows or outflows for DRV?

As of April 1, 2026, DRV recorded net flows of -€4.3M over the last month and -€1.8M year-to-date.

Does DRV distribute dividends?

DRV follows a distributing dividend policy, meaning it pays out income to investors. As of April 1, 2026, its 12-month trailing yield was 2.97%.

What is the base currency of DRV?

The base currency of DRV is USD.

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