ATLASDirexion Daily Real Estate Bull 3X ETF (DRN): outlook, holdings and fees
Direxion Daily Real Estate Bull 3X ETF (DRN) is an exchange-traded fund and is managed by Direxion Funds. The expense ratio is 0.96% and the yield is 2.60%. The ten largest holdings are 14% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on DRN
| Last price | $9.90 (+3.3%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 49% |
| Likely 1-month range (50%) | $9.06 – $10.73 |
| Normal 1-day range (±1σ) | ±2.9% |
| Distribution yield | 2.60% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
DRN fund facts
| Issuer | Direxion Funds |
|---|---|
| Theme | Leveraged |
| Assets under management | $40.8M |
| Expense ratio | 0.96% |
| Number of holdings | 30 |
| Portfolio turnover | 0% |
| Inception | Jul 16, 2009 |
| Exchange | NYSE |
The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index, that, in combination, provide 3X daily leveraged exposure to the index, consistent with the fund's investment objective. The index is provided by S&P Dow Jones Indices (the "index provider") and includes securities of companies from the following industries: real estate management and development and REITs, excluding mortgage REITs. It is non-diversified.
DRN top holdings
| Holding | Sector | Weight |
|---|---|---|
| Welltower Inc WELL | Real Estate | 2.66% |
| Prologis Inc PLD | Real Estate | 1.92% |
| Equinix Inc EQIX | Real Estate | 1.61% |
| American Tower Corp AMT | Real Estate | 1.30% |
| Simon Property Group Inc SPG | Real Estate | 1.04% |
| Public Storage PSA | Real Estate | 1.10% |
| Digital Realty Trust Inc DLR | Real Estate | 0.98% |
| CBRE Group Inc Class A CBRE | Real Estate | 0.99% |
| Equity Residential EQR | Real Estate | 1.06% |
| Ventas Inc VTR | Real Estate | 0.99% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
DRN sector breakdown
| Sector | Weight |
|---|---|
| Real Estate | 100.0% |
By region: North America 100.0%.
DRN returns and risk
| Year to date | +3.8% |
|---|---|
| 1 year | -2.3% |
| 3 years (annualised) | +11.9% |
| 5 years (annualised) | -15.0% |
| 10 years (annualised) | -5.6% |
| Volatility (3 years) | 49.2% |
| Sharpe ratio (3 years) | 0.32 |
Past returns do not guarantee future results.
DRN: frequently asked questions
What does DRN invest in?
Direxion Daily Real Estate Bull 3X ETF invests in a portfolio of securities. Its largest holdings are Welltower Inc (2.7%), Prologis Inc (1.9%), Equinix Inc (1.6%), American Tower Corp (1.3%), Simon Property Group Inc (1.0%).
What is the DRN expense ratio?
0.96% a year: about $96.00 for every $10,000 invested.
What is the DRN dividend yield?
2.60%. ATLAS does not hold the exact distribution dates for ETFs.
Will DRN go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 49%, with a likely range (50%) of $9.06 to $10.73 from $9.90 today. It is a probability, not a prediction.
How has DRN performed?
Year to date +3.8%, one year -2.3%, three years +11.9% a year, five years -15.0% a year. Past returns do not guarantee future results.
Similar ETFs: Leveraged
Educational information, not investment advice. Disclaimer