DRN: Direxion Daily MSCI Real Estate Bull 3X Shares - MutualFunds.com
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Direxion Daily MSCI Real Est Bull 3X ETF

DRN - Snapshot

Vitals

  • YTD Return 76.2%
  • 3 Yr Annualized Return 4.0%
  • 5 Yr Annualized Return 0.7%
  • Net Assets $145 M
  • Holdings in Top 10 55.2%

52 WEEK LOW AND HIGH

$22.81
$8.86
$23.59

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.08%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 123.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Theme
  • Fund Type Exchange Traded Fund
  • Investment Style Trading--Leveraged Equity

Compare DRN to Popular Leveraged Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$113.09

+3.73%

$12.15 B

-

$0.00

-37.79%

0.98%

$39.18

-2.15%

$4.94 B

0.06%

$0.03

-91.36%

1.06%

$66.37

-0.72%

$4.28 B

-

$0.00

-40.88%

0.99%

$115.42

-1.14%

$3.84 B

0.13%

$0.15

26.23%

0.91%

$114.18

+0.02%

$3.51 B

0.26%

$0.29

71.56%

1.03%

DRN - Profile

Distributions

  • YTD Total Return 76.4%
  • 3 Yr Annualized Total Return 4.0%
  • 5 Yr Annualized Total Return 0.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.40%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Direxion Daily MSCI Real Estate Bull 3X Shares
  • Fund Family Name
    Direxion Funds
  • Inception Date
    Jul 16, 2009
  • Shares Outstanding
    7250000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Paul Brigandi

Fund Description

The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index is designed to measure the performance of the large-, mid- and small-capitalization segments of the U.S. equity universe that are classified in the real estate sector as per the GICS. It is non-diversified.


DRN - Performance

Return Ranking - Trailing

Period DRN Return Category Return Low Category Return High Rank in Category (%)
YTD 76.2% -91.4% 173.3% 4.57%
1 Yr 107.4% -12.9% 739.6% 32.97%
3 Yr 4.0%* -82.5% 66.4% 80.92%
5 Yr 0.7%* -64.8% 82.2% 92.64%
10 Yr 8.7%* -48.8% 49.5% 71.01%

* Annualized

Return Ranking - Calendar

Period DRN Return Category Return Low Category Return High Rank in Category (%)
2020 -57.1% -77.6% 1505.0% 97.11%
2019 76.9% -58.1% 806.3% 14.97%
2018 -27.1% -78.0% 36.9% 60.36%
2017 6.6% -70.1% 314.9% 83.44%
2016 -71.6% -82.0% 1431.2% 99.38%

Total Return Ranking - Trailing

Period DRN Return Category Return Low Category Return High Rank in Category (%)
YTD 76.4% -91.6% 209.3% 5.71%
1 Yr 107.4% -12.9% 739.6% 32.97%
3 Yr 4.0%* -82.5% 66.4% 80.92%
5 Yr 0.7%* -64.8% 82.2% 92.64%
10 Yr 8.7%* -48.8% 49.5% 71.01%

* Annualized

Total Return Ranking - Calendar

Period DRN Return Category Return Low Category Return High Rank in Category (%)
2020 -57.1% -97.4% 379.3% 92.49%
2019 76.9% -58.1% 229.8% 14.37%
2018 -27.1% -74.3% 36.9% 63.31%
2017 6.6% -40.2% 263.7% 88.96%
2016 13.5% -62.9% 167.0% 60.63%

DRN - Holdings

Concentration Analysis

DRN Category Low Category High DRN % Rank
Net Assets 145 M 445 K 12.1 B 28.35%
Number of Holdings 174 5 2064 20.47%
Net Assets in Top 10 79 M 635 K 28.6 B 36.26%
Weighting of Top 10 55.22% 20.9% 100.0% 61.48%

Top 10 Holdings

  1. American Tower Corp 5.58%
  2. Prologis Inc 4.28%
  3. Crown Castle International Corp 4.02%
  4. Equinix Inc 3.23%
  5. Public Storage 2.18%
  6. Future on MSCI US IMI/Real Estate 25-50 GR USD Dec49 2.13%
  7. Future on MSCI US IMI/Real Estate 25-50 GR USD Dec49 2.13%
  8. Future on MSCI US IMI/Real Estate 25-50 GR USD Dec49 2.13%
  9. Future on MSCI US IMI/Real Estate 25-50 GR USD Dec49 2.13%
  10. Future on MSCI US IMI/Real Estate 25-50 GR USD Dec49 2.13%

Asset Allocation

Weighting Return Low Return High DRN % Rank
Stocks
70.62% -0.15% 300.05% 63.16%
Cash
29.38% -200.05% 86.55% 28.07%
Preferred Stocks
0.00% 0.00% 0.02% 77.19%
Other
0.00% -17.85% 193.79% 67.25%
Convertible Bonds
0.00% 0.00% 13.45% 85.38%
Bonds
0.00% 0.00% 39.99% 78.95%

Stock Sector Breakdown

Weighting Return Low Return High DRN % Rank
Real Estate
100.00% 0.00% 100.00% 2.78%
Utilities
0.00% 0.00% 100.00% 82.64%
Technology
0.00% 0.00% 100.00% 87.50%
Industrials
0.00% 0.00% 100.00% 87.50%
Healthcare
0.00% 0.00% 100.00% 88.19%
Financial Services
0.00% 0.00% 100.00% 88.19%
Energy
0.00% 0.00% 100.00% 86.81%
Communication Services
0.00% 0.00% 100.00% 88.89%
Consumer Defense
0.00% 0.00% 64.70% 86.81%
Consumer Cyclical
0.00% 0.00% 94.23% 88.19%
Basic Materials
0.00% 0.00% 100.00% 88.19%

Stock Geographic Breakdown

Weighting Return Low Return High DRN % Rank
US
70.60% -11.43% 300.05% 53.80%
Non US
0.02% 0.00% 87.59% 66.67%

DRN - Expenses

Operational Fees

DRN Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.08% 0.88% 9.92% 79.88%
Management Fee 0.75% 0.00% 0.95% 59.09%
12b-1 Fee 0.00% 0.00% 1.00% 37.50%
Administrative Fee N/A 0.03% 0.25% N/A

Sales Fees

DRN Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 4.75% 4.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

DRN Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

DRN Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 123.00% 0.00% 376.00% 51.80%

DRN - Distributions

Dividend Yield Analysis

DRN Category Low Category High DRN % Rank
Dividend Yield 0.20% 0.00% 2.96% 5.56%

Dividend Distribution Analysis

DRN Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Annually

Net Income Ratio Analysis

DRN Category Low Category High DRN % Rank
Net Income Ratio 1.40% -2.31% 3.47% 6.10%

Capital Gain Distribution Analysis

DRN Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

DRN - Fund Manager Analysis

Managers

Paul Brigandi


Start Date

Tenure

Tenure Rank

Jul 16, 2009

11.88

11.9%

Paul Brigandi, the Fund’s Portfolio Manager, is primarily responsible for the day-to-day management of the Fund. An investment trading team of Rafferty employees assists Mr. Brigandi in the day-to-day management of the Fund subject to his primary responsibility and oversight. The Portfolio Manager works with the investment trading team to decide the target allocation of the Fund’s investments and on a day-to-day basis, an individual portfolio trader executes transactions for the Fund consistent with its target allocation. The members of the investment trading team rotate among the various series of the Trust, including the Fund periodically so that no single individual is assigned to a specific Fund for extended periods of time. Mr. Brigandi has been a Portfolio Manager at Rafferty since June 2004. Mr. Brigandi was previously involved in the equity trading training program for Fleet Boston Financial Corporation from August 2002 to April 2004. Mr. Brigandi is a 2002 graduate of Fordham University.

Tony Ng


Start Date

Tenure

Tenure Rank

Sep 30, 2015

5.67

5.7%

Tony Ng is a Portfolio Manager and joined Rafferty Asset Management in April 2006. He was previously a Team Leader in the Trading Assistant Group with Goldman Sachs from 2004 to 2006. Hg was employed with Deutsche Asset Management from 1998 to 2004. Mr. Ng graduated from State University at Buffalo in 1998.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.32 27.9 7.25 7.67