3x Real Estate ETFs Start Trading
ETFs that return 300% of the daily performance of the Real Estate Investment Trust (REIT) market have started trading.
The Direxion Daily Real Estate Bull 3x Shares (DRN) and Direxion Daily Real Estate Bear 3x Shares (DRV) seek 300% of the daily performance and 300% of the inverse of the daily performance of the MSCI U.S. REIT Index respectively. The MSCI index represents 85% of the U.S. REIT universe.
See the Direxion ETF Directory or Investing in REITS with Exchange Traded Funds for more information.
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