Direxion Daily Real Estate Bull 3X Shares (DRN)Trading--Leveraged Equity | Exchange Traded Fund | NYSEArca
10.94 USD
+0.16
(1.484%)
⇧
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 4:19 a.m. EDT
The long-term outlook is dire, driven by a brutal four-year streak of negative annual returns and a cumulative loss of over 65% since inception. This is a classic leveraged ETF decay scenario where the compounding drag of volatility and the underlying sector's struggles have eroded nearly two-thirds of the initial capital. While the recent price action shows a slight bounce off the 200-day average, the structural damage is too severe to ignore. The dividend yield of roughly 2% is misleading; it is a phantom yield generated by the shrinking share count as the fund burns through its assets, not a sign of sustainable income. For a short-term trade, the momentum is weak and the statistical forecast offers no edge, leaving the instrument as a neutral hold at best, though the heavy put positioning suggests smart money is still betting on further declines. |
| Model | MAE |
|---|---|
| MSTL_105 ✓ | 0.038089 |
| MSTL_79 | 0.038968 |
| MSTL | 0.045592 |
| AutoARIMA | 0.045834 |
| AutoETS | 0.045836 |
| AutoTheta | 0.056170 |
| MSTL_79_105 | 0.059082 |
Forecast horizon: 60 days | Selected: MSTL_105
| Forecast Reliability | |
|---|---|
| Score | 42% |
| H-stat | 0.44 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.643 |
| Excess Kurtosis | -0.26 |
| Attribute | Value |
|---|---|
| Trailing P/E | 32.82 |
As of July 11, 2026, 4:19 a.m. EDT: Speculators are heavily positioned for downside protection, with massive open interest in out-of-the-money puts expiring in November and February, while call activity remains thin and concentrated near the money. Implied volatility is elevated on the put side, suggesting a fear of a significant drop rather than a bullish breakout.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.52% | 2.18% | 2.42% | 3.10% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-23 | 0.057000 | 0.518182 |
| 2026-03-24 | 0.045000 | 0.542169 |
| 2025-12-23 | 0.050000 | 0.593120 |
| 2025-09-23 | 0.051000 | 0.524152 |
| 2025-06-24 | 0.074000 | 0.727630 |
| 2025-03-25 | 0.064000 | 0.641926 |
| 2024-12-23 | 0.044000 | 0.448980 |
| 2024-09-24 | 0.060000 | 0.440529 |
| 2024-06-25 | 0.076000 | 0.904762 |
| 2024-03-19 | 0.041000 | 0.437567 |
| 2023-12-21 | 0.070000 | 0.681597 |
| 2023-09-19 | 0.065000 | 0.797546 |
| 2023-06-21 | 0.073000 | 0.817469 |
| 2023-03-21 | 0.094000 | 1.070615 |
| 2022-12-20 | 0.014000 | 0.145833 |
| 2022-09-20 | 0.088000 | 0.723684 |
| 2022-06-22 | 0.045000 | 0.326797 |
| 2022-03-22 | 0.118000 | 0.515059 |
| 2021-12-09 | 1.132000 | 4.401244 |
| 2021-09-21 | 0.058000 | 0.244726 |
| 2021-06-22 | 0.049000 | 0.222021 |
| 2021-03-23 | 0.042000 | 0.277962 |
| 2020-12-22 | 0.040000 | 0.329761 |
| 2020-09-22 | 0.026000 | 0.268041 |
| 2020-06-23 | 0.020000 | 0.195503 |
| 2020-03-24 | 0.155000 | 2.645051 |
| 2019-12-12 | 0.403000 | 1.523054 |
| 2019-09-24 | 0.148000 | 0.499325 |
| 2019-06-25 | 0.143000 | 0.558158 |
| 2019-03-19 | 0.070000 | 0.299529 |
| 2018-12-27 | 0.129000 | 0.788991 |
| 2018-09-25 | 0.138000 | 0.648192 |
| 2018-06-19 | 0.252000 | 1.274014 |
| 2017-12-19 | 0.209000 | 0.925188 |
| 2012-12-18 | 0.001000 | 0.010734 |
| 2012-03-21 | 0.000625 | 0.007529 |
| 2011-12-13 | 0.249375 | 4.724130 |
| 2010-12-22 | 0.006750 | 0.099265 |
| 2010-06-22 | 0.041750 | 0.818627 |
| 2010-03-23 | 0.085250 | 1.480918 |
| 2009-11-20 | 0.295156 | 8.184568 |
| 2009-09-22 | 0.004719 | 0.098083 |
| Attribute | Value |
|---|---|
| All Time High | 36.09 |
| All Time Low | 1.735938 |
| Ask | 0.0 |
| Ask Size | 6,000 |
| Average Daily Volume10 Day | 1,110,280 |
| Average Daily Volume3 Month | 1,085,509 |
| Average Volume | 1,085,509 |
| Average Volume10Days | 1,110,280 |
| Beta3 Year | 2.7 |
| Bid | 10.62 |
| Bid Size | 10,100 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 11.138 |
| Day Low | 10.82 |
| Dividend Yield | 1.93 |
| Eps Trailing Twelve Months | 0.3333802 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 10.7772 |
| Fifty Day Average Change | 0.16279984 |
| Fifty Day Average Change Percent | 0.01510595 |
| Fifty Two Week Change Percent | 16.631126 |
| Fifty Two Week High | 11.61 |
| Fifty Two Week High Change | -0.6700001 |
| Fifty Two Week High Change Percent | -0.05770888 |
| Fifty Two Week Low | 8.05 |
| Fifty Two Week Low Change | 2.8899994 |
| Fifty Two Week Low Change Percent | 0.35900614 |
| Fifty Two Week Range | 8.05 - 11.61 |
| First Trade Date Milliseconds | 1,247,751,000,000 |
| Five Year Average Return | -0.1118895 |
| Full Exchange Name | NYSEArca |
| Fund Family | Direxion Funds |
| Fund Inception Date | 1,247,702,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index, that, in combination, provide 3X daily leveraged exposure to the index, consistent with the fund's investment objective. The index is provided by S&P Dow Jones Indices (the “index provider”) and includes securities of companies from the following industries: real estate management and development and REITs, excluding mortgage REITs. It is non-diversified. |
| Long Name | Direxion Daily Real Estate Bull 3X Shares |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_61308401 |
| Nav Price | 10.789 |
| Net Assets | 45,811,100.0 |
| Net Expense Ratio | 0.98 |
| Open | 10.86 |
| Phone | 866-476-7523 |
| Pre Market Change | 0.0 |
| Pre Market Change Percent | 0.0 |
| Pre Market Price | 10.94 |
| Pre Market Time | 1,784,030,222 |
| Previous Close | 10.78 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.16 |
| Regular Market Change Percent | 1.48423 |
| Regular Market Day High | 11.138 |
| Regular Market Day Low | 10.82 |
| Regular Market Day Range | 10.82 - 11.138 |
| Regular Market Open | 10.86 |
| Regular Market Previous Close | 10.78 |
| Regular Market Price | 10.94 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 937,309 |
| Short Name | Direxion Daily Real Estate Bull |
| Source Interval | 15 |
| Symbol | DRN |
| Three Year Average Return | 0.043196604 |
| Total Assets | 45,811,100 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 32.815384 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 23.1018 |
| Trailing Three Month Returns | 23.1018 |
| Triggerable | 1 |
| Two Hundred Day Average | 9.67995 |
| Two Hundred Day Average Change | 1.2600498 |
| Two Hundred Day Average Change Percent | 0.1301711 |
| Type Disp | ETF |
| Volume | 937,309 |
| Yield | 0.019299999 |
| Ytd Return | 25.08524 |