Direxion Daily Real Estate Bull 3X Shares

DRN

Market cap $66.4M

Overview Fund Activity

9.83 USD

-0.14

1.4%

At close Updated Sep 12, 4:00 PM EDT

Pre-market

After hours

9.79

-0.04

0.41%

1 day

-1.4%

5 days

4.57%

1 month

7.9%

3 months

-1.8%

6 months

-1.9%

Year to date

2.72%

1 year

-27.02%

5 years

-12.62%

10 years

-32.39%

0

Funds holding %

of 7,462 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

862% more call options, than puts

Call options by funds: $6.69M | Put options by funds: $695K

0% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 7

2.76% less ownership

Funds ownership: 7.8% [Q1] → 5.04% (-2.76%) [Q2]

19% less funds holding

Funds holding: 26 [Q1] → 21 (-5) [Q2]

40% less capital invested

Capital invested by funds: $4.92M [Q1] → $2.94M (-$1.97M) [Q2]

67% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 6

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Financial journalist opinion

Based on 3 articles about DRN published over the past 30 days

Slacking Into A Rate Cut

U.S. equity markets pushed higher this past week - while short-term benchmark interest rates plunged to three-year lows - after employment data provided decisive evidence of cooling labor markets. Viewed by markets as a "Goldilocks" set of reports, the reports showed slowing - but still positive - job growth in August alongside consistent evidence of cooling wage pressures and emerging slack. A notable milestone after several years of ultra-tight labor markets, the number of job seekers surpassed the number of available job openings for the first time since April 2021.

Slacking Into A Rate Cut

These 2 ETFs Could Provide a Happy Home for Bullish Traders

High mortgage rates and slow demand have been putting a lid on a homebuilder rebound the past year, but there are early signs of a rally. Under the pressure of public calls to ease monetary policy, a capitulating Fed could give the industry a push, which opens trading possibilities in a couple of leveraged ETFs.

These 2 ETFs Could Provide a Happy Home for Bullish Traders

The Calm Before The Cut

U.S. equity markets were little-changed this past week as a tranquil end-of-summer week with status-quo inflation and economic indicators concluded with a jolting post-close tariff headline with highly uncertain implications. An appeals court ruled that the White House exceeded its authority under the Emergency Powers Act - the mechanism used for broad “reciprocal” tariffs - setting up a final Supreme Court showdown. The fresh injection of tariff uncertainty precedes a critical stretch of employment and inflation data and a mid-September Federal Reserve meeting that is increasingly likely to be highly contentious.

The Calm Before The Cut

Disinflation Dividend: REIT Earnings Scorecard

A surprising solid REIT earnings season wrapped up this week. Of the 100 equity REITs that provide full-year FFO guidance, 62% raised their outlook - above the historical 55% average. Disinflation was a surprisingly common thread across second-quarter results, with the majority of the upside revisions being driven by improved expense expectations - the highest quantity of expense reductions ever. Healthcare REITs were notable upside standouts as senior housing fundamentals remained stellar, while skilled nursing REITs received some good news on the policy front via healthy CMS Medicare rate increases.

Disinflation Dividend: REIT Earnings Scorecard

Return-To-Office Shift Fuels Potential Turnaround For Office REITs

Return to office mandates are providing a boost to REITs. Some deal activity has also been a tailwind. Tariffs and slowing residential rent growth remain headwinds.

Return-To-Office Shift Fuels Potential Turnaround For Office REITs

Fed Looms Over Mid-Summer Rally

U.S. equity markets rallied to fresh record-highs this week as investors cheered upbeat corporate earnings results and several major trade deals ahead of a frenetic week of potentially narrative-shifting catalysts. Months of tariff bemoaning and general pessimism have surrendered of late to some mid-summer optimism, but a barrage of obstacles loom, including a Fed that is ever-eager to play spoiler. Notching record-highs in four of the past five weeks, the S&P 500 rallied another 1.5% this week, advancing in all five trading sessions.

Fed Looms Over Mid-Summer Rally

Why Consider U.S. REITs Now?

Most US REITs make nearly 90% of their revenue domestically, compared to 72% for typical U.S. stocks. Healthcare, residential, and needs-based retail are less affected by trade disruptions, while office, lodging, and timber are more vulnerable. They're trading at a -2.79x earnings multiple discount to US stocks - one of the widest gaps in decades.

Why Consider U.S. REITs Now?

Powell Pressured As Inflation Cools

U.S. equity markets climbed to fresh record-highs this week after a critical slate of inflation data showed that tariff-driven inflation remains muted, while rumors of a potential Powell termination swirled. Supported by data this week showing that core inflation cooled to its slowest pace in over three years, the White House reignited the heat on the head of the Fed. Rebounding from modest declines last week, the S&P 500 advanced 0.6%, notching record highs in three of the past four weeks following a five-month drought.

Powell Pressured As Inflation Cools

REITs Score Key Tax Bill Wins

U.S. equity markets closed the Independence Day week at record highs after Congress approved the GOP's sweeping tax cut and spending megabill, while employment data indicated "Goldilocks" labor market trends. The Big Beautiful Bill extends and enhances key elements of the 2017 tax cuts and boosts State and Local Tax ("SALT") deductions, while overhauling eligibility requirements for government benefits programs. The real estate and homebuilding industry scored some key "wins" in the legislation, which made permanent the 20% QBI deduction for REIT dividend income and relaxed some REIT tax rules.

REITs Score Key Tax Bill Wins

Will the Sun Shine on Homebuilders This Summer?

Some initial June gloom might give way to sunshine for homebuilders for the rest of the summer (or not). While nobody has a crystal ball to accurately determine what will happen, the homebuilding sector will be an interesting watch this summer.

Will the Sun Shine on Homebuilders This Summer?

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