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Upturn AI Summary
Direxion Daily Real Estate Bull 3X Shares(DRN)
Top performer 
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for DRN
09/28/2026: DRN (5-star) is currently NOT-A-BUY. Pass it for now.
Direxion Daily Real Estate Bull 3X Shares (DRN) provides 300% of the daily performance of the Real Estate Select Sector Index using derivative strategies. While it offers liquidity and an effective tool for short-term tactical speculation, it is not suitable for long-term investors due to the erosion caused by daily leverage resets. The fund is ideal only for active traders who closely monitor the real estate sector and possess a high tolerance for risk. Investors must be aware that the fund's performance over time will not match a simple 300% return of the benchmark and should be prepared for significant volatility.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The fund is unsuitable for traditional buy-and-hold growth strategies due to the impact of daily leverage decay. |
| Momentum investor | Strong fit while signal remains positive | Momentum traders may use the fund to amplify short-term upside movements in the real estate sector during confirmed uptrends. |
| Value investor | Weak fit | The fund's derivative-heavy, high-turnover nature conflicts with the core philosophy of long-term value investing. |
| Dividend/Income investor | Weak fit | The fund is not designed for dividend capture or income generation due to the inherent volatility and leverage costs. |
| Low-risk investor | Weak fit | The extreme risk associated with a 3x leveraged product is diametrically opposed to the goals of a low-risk investor. |
Investor Profile
Ideal Investor Profile
Sophisticated active traders with a high risk tolerance and a short-term time horizon.
Suitability
Strictly for active traders; not appropriate for passive index followers or long-term investors.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | High | The 3x daily leverage objective significantly amplifies price swings, increasing the potential for rapid losses. |
| Market risk | High | The fund is fully exposed to the daily fluctuations of the real estate sector, which can be highly sensitive to economic shifts. |
| Concentration | High | The fund is concentrated in a single sector, meaning specific industry headwinds can lead to outsized losses. |
| Tracking/expense | Medium / high | Compounding effects over time mean the fund's long-term performance will likely not match 300% of the underlying index return. |
| Liquidity | Medium | While generally liquid, market conditions can affect the ability to trade large blocks efficiently. |
| Business/sector quality | Medium | The sector's performance depends heavily on interest rates and commercial property demand. |
Risk Analysis
Volatility
Extremely high due to the 3x daily leverage, exposing investors to rapid, substantial losses.
Market Risk
High sensitivity to interest rates and commercial real estate market health.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Sector | Real Estate Select Sector Index (Seeks 3x daily return) | 95 | The fund provides exposure to US real estate companies with a daily leverage target of 300%. |
| Cash/collateral | Cash and Cash Equivalents | 5 | Cash holdings are maintained to support the derivative contracts required for the fund's daily leverage strategy. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Moderately Choppy
The stock has experienced noticeable price swings while retaining some directional structure.
Analysis of Past Performance
Type ETF | Historic Profit 34.73% | Avg. Invested days 39 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 09/28/2026 |
ETF Fundamentals 
Source: EOD Historical Data • Updated Sep 28, 2026
Fund Basics
| Metric | Value |
|---|---|
| Fund Size (AUM) | $36.05M |
| Issuer | Direxion Funds |
| Expense Ratio | 1.01% |
| Distribution Yield | 1.91% |
| Inception | Jul 16, 2009 |
Performance
| Period | Total Return |
|---|---|
| YTD | +4.00% |
| 1 Year | -4.67% |
| 3 Year | +9.56% |
| 5 Year | -15.33% |
| 10 Year | -7.86% |
Risk Metrics
| Metric | Value |
|---|---|
| 1Y Volatility | 42.51% |
| 3Y Volatility | 50.48% |
| 3Y Sharpe Ratio | 0.31 |
Ratings
| Metric | Value |
|---|---|
| Morningstar Rating | ★★★★★ |
| Benchmark | S&P 500 TR USD |
Market Cap Distribution
| Cap Size | Weight |
|---|---|
| Mid Cap | 17.07% |
| Large Cap | 7.80% |
| Small Cap | 3.73% |
Top Sectors
| Sector | Weight |
|---|---|
| Real Estate | 100.00% |
| Basic Materials | 0.00% |
| Consumer Cyclicals | 0.00% |
| Financial Services | 0.00% |
Asset Allocation
Portfolio Characteristics
| Metric | Value |
|---|---|
| Portfolio P/E | 35.29x |
| Portfolio P/B | 2.69x |
| Portfolio P/S | 5.39x |
| Holdings Turnover | 0.0% |
Top Holdings
| Holding | Weight |
|---|---|
| Welltower | 3.47% |
| Prologis | 2.63% |
| Equinix | 2.07% |
| American Tower | 1.64% |
| Simon Property Group | 1.40% |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
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