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Beacon

DRNDirexion Daily Real Estate Bull 3X Shares

Take a bet17y track recordRanked #152 of 949 in this goal

Seeks daily investment results of 300% of the daily performance of the Index.

By Direxion Funds · Launched 2009

Annual Cost

0.98%

#5,069 of 5,861 · expensive

Fund Size

$46M

#3,729 of 5,861 · mid-size

Return (1Y)Goal

+15.1%

Track Record

17 years

#673 of 5,861 · established

Performance

Total-return NAV · USD
Growth of $10,000
$9,766-2.3%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Leveraged

Sector

Real estate

Focus

Real Assets

Index tracked

S&P 500 Index

What it actually holds

By weight

Concentration

synthetic exposure — holdings shown are derivatives collateral, not the fund's positions

DREYFUS GOVERNMENT CASH MANAGE
25.6%
N/A
7.3%
Welltower Inc.
6.9%
N/A
6.5%
Prologis Inc.
6.0%
Equinix, Inc.
4.8%
GOLDMAN FINANCIAL
4.2%
American Tower Corporation
3.9%
N/A
3.5%
Digital Realty Trust Inc.
3.2%

Asset allocation

Stocks
89.0%
Cash
11.0%

By sector

Real Estate
100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
42.1%High

Year-on-year price swings

Max drawdown
-86.3%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.28Below average
Sortino (3Y)
0.39Moderate downside risk

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results of 300% of the daily performance of the Index.
Strategy
Invests at least 80% of net assets in financial instruments and securities of the Index to provide 3X daily leveraged exposure. Concentrates in real estate sectors including diversified REITs, industrial REITs, and health care REITs.
Inception date
July 16, 2009
Fund family
Direxion Funds

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged
Warning

Your return drifts the longer you hold

Leverage amplifies the index's daily move, by 2x or 3x. The fund resets every day, so over weeks and months your real return drifts from that multiple. It can run ahead in a smooth climb and bleed in a choppy one. Hold one for months and you own a different bet than the label suggests.

Sources: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-04