DRV
·ARCA
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Key Stats
Assets Under Management
40.40MUSD
Fund Flows (1Y)
-18.22MUSD
Dividend Yield
3.54%
Discount/Premium to NAV
0.06%
Shares Outstanding
1.53M
Expense Ratio
1.06%
About Direxion Daily Real Estate Bear 3x Shares
Issuer
Rafferty Asset Management, LLC
Brand
Direxion
Inception Date
Jul 16, 2009
Structure
Open-Ended Fund
Index Tracked
Real Estate Select Sector Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
DRV provides 3x inverse leverage exposure to the Real Estate Select Sector Index. DRV has exposure to the large-cap segment of the US Real Estate Sector as defined by GICS. The index applies certain caps to aid diversification rules imposed on RICs. The capping constraints of the index are: no group entity exceeds 25% of index weight, and no group entities with weight above 5% can exceed 50% of the index weight. Due to the fund's daily rebalancing, long-term returns are difficult to predict due to path dependency and compounding. As a result, DRV should be treated as a short-term trading vehicle as opposed to a long-term investment. Prior to February 28, 2022, the fund was named Direxion Daily MSCI Real Estate Bear 3X Shares, and tracked the MSCI US IMI Real Estate 25/50 Index.
Classification
Asset Class
Equity
Category
Sector
Focus
Real Estate
Niche
Broad-based
Strategy
Vanilla
Geography
U.S.
Weighting Scheme
Market Cap
Selection Criteria
Committee
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | -1.50% | +0.15% | -0.94% | -18.00% | -46.39% | -76.47% |
NAV Total Return | -2.31% | -0.60% | -0.55% | -18.33% | -33.46% | -74.16% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
No data is currently available
Asset
No data is currently available
Region
No data is currently available
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
GOLDMAN FINL SQ TRSRY INST 506
49.49%
DREYFUS GOVT CASH MAN INS
47.68%
REAL ESTATE SELECT SECTOR INDEX SWAP
-58.75%
REAL ESTATE SELECT SECTOR INDEX SWAP-1
-78.39%
REAL ESTATE SELECT SECTOR INDEX SWAP-2
-162.86%
Top 10 Weight -202.82%
5 Total Holdings
Is SPY better than DRV?
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-09-23 | 2025-09-23 | 2025-09-30 | 0.191 |
| 2025-06-24 | 2025-06-24 | 2025-07-01 | 0.198 |
| 2025-03-25 | 2025-03-25 | 2025-04-01 | 0.277 |
| 2024-12-23 | 2024-12-23 | 2024-12-31 | 0.264 |
| 2024-09-24 | 2024-09-24 | 2024-10-01 | 0.300 |
| 2024-06-25 | 2024-06-25 | 2024-07-02 | 0.414 |
| 2024-03-19 | 2024-03-20 | 2024-03-26 | 0.371 |
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How Much Does DRV Pay in Dividends?
Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Should I buy DRV?
Fund Flows
Inflows
Outflows
1M
