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Beacon

DRNDirexion Daily Real Estate Bull 3X Shares

Take a bet16y track recordRanked #161 of 775 in this goal

Seeks daily investment results of 300% of the performance of the Real Estate Select Sector Index.

By Direxion Funds · Launched 2009

Annual Cost

0.98%

#4,853 of 5,562 · expensive

Fund Size

$43M

#3,699 of 5,562 · mid-size

Return (1Y)Goal

+8.8%

Track Record

16 years

#686 of 5,562 · established

Performance

Total-return NAV · USD
Growth of $10,000
$9,451-5.5%

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

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Leveraged

Sector

Real estate

Focus

Real Assets

Index tracked

Real Estate Select Sector Index

What it actually holds

By weight

Concentration

Top 10 holdings = 65.8% of fundconcentrated

DREYFUS GOVERNMENT CASH MANAGE
17.2%
GOLDMAN FINANCIAL
10.1%
Welltower Inc.
7.5%
Prologis Inc.
7.1%
American Tower Corporation
5.2%
Equinix, Inc.
5.1%
Simon Property Group Inc
3.6%
Digital Realty Trust Inc.
3.4%
Realty Income Corporation
3.3%
Public Storage
3.3%

Asset allocation

Stocks
84.0%
Cash
15.9%

By sector

Real Estate
100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
41.8%High

Year-on-year price swings

Max drawdown
-86.3%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.30Below average
Sortino (3Y)
0.42Moderate downside risk

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results of 300% of the performance of the Real Estate Select Sector Index.
Strategy
Invests primarily in financial instruments to achieve 3x daily leveraged exposure to the Real Estate Select Sector Index. Designed for short-term trading, the Fund's performance may differ significantly over longer periods due to compounding effects.
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

Leveraged ETF — not a long-term hold

This fund uses leverage to amplify daily returns (e.g. 2x or 3x of an index). Daily rebalancing creates volatility decay — over weeks and months, the fund's return drifts from the stated multiple. In trending markets with low realised volatility, leveraged index ETFs can outperform their nominal multiple; in sideways or volatile markets they bleed. Designed for short-term tactical use, not buy-and-hold.

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

Why we flagged this: strategy=leveraged + leveraged_name_or_strategy

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 2026-06-19