DRVDirexion Daily Real Estate Bear 3X Shares
Seeks daily investment results that correspond to -300% of the daily performance of the Real Estate Select Sector Index.
Direxion Funds · Since 2009 (16 years)
1.06%
#4884 out of 5,332 ETFs
$37M
#3619 out of 5,332 ETFs
2.95%
16 years
#704 out of 5,332 ETFs
Performance
1 Year
-22.9%
3 Years
-25.2%
5 Years
-18.7%
What's inside
Asset allocation
Risk profile
41.1%
High
-97.3%
Worst peak-to-trough loss
-0.39
Below average
-0.55
Moderate downside risk
Similar ETFs
Our take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
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=inverse + leveraged_name_or_strategy
Inverse ETF — daily tool only
Delivers the inverse of the benchmark's daily return. The compounding path makes multi-day holding unpredictable even when the benchmark's total move goes your way. Legitimate as a one-day hedge; dangerous as a view.
Source: Cheng & Madhavan (2009)
Why we flagged this: strategy=inverse + inverse_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
Data updated on 2026-05-05