(DRN) Direxion Daily Real Estate - Ratings and Ratios
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US25459W7552 • Trading--Leveraged Equity
DRN: Real Estate, Development, REITs
The Direxion Daily Real Estate Bull 3X Shares (DRN) is a leveraged exchange-traded fund (ETF) designed to provide 3x daily returns of the MSCI US REIT Index. The fund achieves this by investing at least 80% of its net assets in a combination of financial instruments, including swap agreements, securities, and ETFs linked to the index. The index, provided by S&P Dow Jones Indices, focuses on U.S. real estate companies, including those in real estate management, development, and REITs, while excluding mortgage REITs. DRN is classified as a non-diversified fund, meaning it can concentrate its holdings in a smaller number of securities.
DRN is listed on the NYSE ARCA under the ticker symbol DRN and falls under the category of leveraged equity trading ETFs. It is designed for short-term trading opportunities, given its daily leverage reset mechanism. The funds technical indicators currently show an average 20-day volume of 832,234 shares, with a last price of $11.55. Its short-term trend is supported by a 20-day SMA of $10.90, while the 50-day SMA stands at $10.26, indicating recent upward momentum. The 200-day SMA of $10.85 suggests a longer-term trend near current levels. The ATR of 0.48 reflects moderate volatility.
Based on the provided data, the 3-month forecast for DRN is expected to remain sensitive to broader market conditions and the performance of the underlying real estate sector. If the MSCI US REIT Index continues its recent upward trajectory, DRN could see further gains, amplified by its 3x leverage. However, investors should be cautious of potential volatility, as the funds ATR suggests price swings of approximately $0.48 per day. The funds AUM of $74.66 million indicates moderate liquidity, which may impact trading efficiency during periods of high market stress.
Additional Sources for DRN ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
DRN ETF Overview
Market Cap in USD | 58m |
Category | Trading--Leveraged Equity |
TER | 1.01% |
IPO / Inception | 2009-07-16 |
DRN ETF Ratings
Growth 5y | 9.86% |
Fundamental | - |
Dividend | 27.8% |
Rel. Strength Industry | -2.38 |
Analysts | - |
Fair Price Momentum | 8.67 USD |
Fair Price DCF | - |
DRN Dividends
Dividend Yield 12m | 2.17% |
Yield on Cost 5y | 2.59% |
Annual Growth 5y | -1.72% |
Payout Consistency | 51.6% |
DRN Growth Ratios
Growth Correlation 3m | 37% |
Growth Correlation 12m | 54.7% |
Growth Correlation 5y | -21.5% |
CAGR 5y | 3.22% |
CAGR/Max DD 5y | 0.04 |
Sharpe Ratio 12m | 1.44 |
Alpha | -8.41 |
Beta | 1.89 |
Volatility | 57.78% |
Current Volume | 614.4k |
Average Volume 20d | 901.4k |
As of March 16, 2025, the stock is trading at USD 9.99 with a total of 614,377 shares traded.
Over the past week, the price has changed by -7.24%, over one month by -5.75%, over three months by -10.32% and over the past year by +8.06%.
Neither. Based on ValueRay Analyses, Direxion Daily Real Estate is currently (March 2025) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of 9.86 and therefor a technical neutral rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of DRN as of March 2025 is 8.67. This means that DRN is currently overvalued and has a potential downside of -13.21%.
Direxion Daily Real Estate has no consensus analysts rating.
According to ValueRays Forecast Model, DRN Direxion Daily Real Estate will be worth about 10.4 in March 2026. The stock is currently trading at 9.99. This means that the stock has a potential upside of +3.8%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 10.4 | 3.8% |