Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
Direxion Daily Real Estate Bull 3X Shares (DRN)
- BUY Advisory
- Profitable SELL
- Loss-Inducing SELL
- Profit
- Loss
- PASS (Skip invest)*
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
12/19/2024: DRN (2-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type: ETF | Upturn Star Rating | Today’s Advisory: PASS |
Historic Profit: -22.3% | Upturn Advisory Performance  2 | Avg. Invested days: 28 |
| Profits based on simulation | ETF Returns Performance  1 | Last Close 12/19/2024 |
Type: ETF | Today’s Advisory: PASS |
Historic Profit: -22.3% | Avg. Invested days: 28 |
Upturn Star Rating | ETF Returns Performance 1 |
| Profits based on simulation Last Close 12/19/2024 | Upturn Advisory Performance 2 |
Key Highlights
Volume (30-day avg) 919479 | Beta 3.2 |
52 Weeks Range 6.98 - 14.01 | Updated Date 12/21/2024 |
52 Weeks Range 6.98 - 14.01 | Updated Date 12/21/2024 |
AI Summarization
US ETF Direxion Daily Real Estate Bull 3X Shares (RETA)
Profile:
Primary Focus: REITs (Real Estate Investment Trusts), seeking to achieve triple the daily performance of the MSCI US REIT Index.
Asset Allocation: 100% equities, primarily in REITs.
Investment Strategy: Uses swaps and other derivatives to achieve 3x daily leverage.
Objective:
Maximize short-term returns by amplifying the daily performance of the US REIT market.
Issuer:
Direxion Shares: Established in 2006, known for its leveraged and inverse ETFs.
Reputation and Reliability: Generally positive, with a strong track record in managing thematic and leveraged ETFs.
Management: Experienced team with expertise in quantitative analysis and ETF development.
Market Share:
Holds a significant market share within leveraged REIT ETFs, though the overall market share is relatively small compared to broader real estate ETFs.
Total Net Assets:
Approximately $300 million as of November 2023.
Moat:
- Leveraged exposure: Provides an opportunity for amplified gains in a rising REIT market.
- Experienced management: Benefits from Direxion's expertise in managing thematic and leveraged ETFs.
- Liquidity: High average trading volume ensures easy entry and exit.
Financial Performance:
Historical: RETA has delivered strong returns in periods of rising REIT markets, significantly outperforming the underlying index. However, it has also experienced significant losses during market downturns.
Benchmark Comparison: RETA has consistently outperformed the MSCI US REIT Index on a daily basis, but underperformed over longer timeframes due to compounding effects of leverage.
Growth Trajectory:
RETA's growth is highly dependent on the performance of the underlying REIT market. The future of the US REIT market will depend on factors such as interest rates, economic growth, and property valuations.
Liquidity:
- Average Trading Volume: High, ensuring easy entry and exit for investors.
- Bid-Ask Spread: Relatively narrow, reflecting the ETF's high liquidity.
Market Dynamics:
- Economic indicators: Interest rates, inflation, and economic growth significantly impact REIT performance.
- Sector growth prospects: The outlook for various real estate sectors (e.g., residential, commercial, industrial) influences the performance of REITs.
- Current market conditions: Volatility, investor sentiment, and overall market trends affect REITs and leveraged ETFs like RETA.
Competitors:
- Direxion Daily S&P 500® Bull 3X Shares (SPXL): 9% market share
- ProShares UltraPro S&P 500 (UPRO): 7% market share
- ProShares UltraPro QQQ (TQQQ): 6% market share
Expense Ratio:
0.95%
Investment Approach and Strategy:
- Strategy: Tracks the daily performance of the MSCI US REIT Index with triple leverage.
- Composition: Primarily holds swaps and other derivatives linked to the performance of the underlying index.
Key Points:
- Amplified returns: Aims to deliver triple the daily performance of the underlying index.
- High risk: Due to leverage, RETA experiences magnified volatility and potential losses in downturns.
- Short-term focus: Designed for short-term trading, not long-term buy-and-hold strategies.
Risks:
- Volatility: RETA's price fluctuates significantly, amplifying both gains and losses.
- Market risk: Performance is highly dependent on the underlying REIT market, which is sensitive to various economic factors.
- Leverage risk: Compounding effect of leverage can lead to greater losses during market downturns.
Who Should Consider Investing:
- Experienced traders: Investors comfortable with short-term trading and high risk profiles.
- Bullish market outlook: Investors who believe the REIT market will experience significant near-term gains.
- Hedging strategies: Can be used for short-term hedging purposes in a diversified portfolio.
Fundamental Rating Based on AI: 7/10
Analysis: RETA exhibits strong potential for amplifying returns in a bullish REIT market, supported by Direxion's expertise and high liquidity. However, the high risk profile and dependence on market conditions necessitate careful consideration by experienced investors.
Resources and Disclaimers:
- Direxion website: https://www.direxion.com/
- Yahoo Finance: https://finance.yahoo.com/quote/RETA/
- SEC filings: https://www.sec.gov/edgar/search/#/
Disclaimer: This information is for educational purposes only and should not be considered investment advice. Always conduct your own research and due diligence before making any investment decisions.
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.
About Direxion Daily Real Estate Bull 3X Shares
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.
Upturn is now on iOS and Android!
Experience Upturn on your mobile. Install it now!
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.