Direxion Daily Real Estate Bear 3X ETF (DRV)
DRV Price Chart
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DRV ETF Profile
Key details and information about Direxion Daily Real Estate Bear 3X ETF (DRV).
Sector Focus
Financial Services
Industry
Asset Management - Leveraged
Inception Date
16 Jul 2009
Country
US
Description
The Direxion Daily Real Estate Bear 3X Shares (DRV) is a leveraged exchange-traded fund (ETF) that seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Real Estate Select Sector Index. This ETF is intended for sophisticated investors for short-term trading purposes to hedge against or profit from declines in the U.S. real estate investment trust (REIT) market. Due to the effects of daily compounding and leverage, it is not suitable for long-term investors.
DRV ETF Performance
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