About Direxion Daily MSCI Real Estate Bear 3X Shares (DRV)

The Direxion Daily MSCI Real Estate Bear 3X Shares (DRV) is an exchange-traded fund (ETF) that seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) performance of the MSCI US Investable Market Real Estate 25/50 Index. This means that DRV aims to deliver three times the inverse daily return of this index. The fund accomplishes this through the use of derivative instruments, such as futures contracts and swap agreements.

DRV is designed for investors who believe that the real estate market is likely to decline in the short term. By providing three times the inverse return, the fund offers amplification for those looking to profit from a falling real estate market. However, it is important to note that DRV is a daily leveraged ETF, and its performance over extended periods may not precisely reflect the inverse of the underlying index. The compounding of daily returns can result in unexpected performance outcomes.