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The Direxion Daily Real Estate Bull Bear (DRV) 3X Shares seek daily investment results, before fees and expenses, of 300%, or 300% of the inverse (or opposite), of the performance of the Real Estate Select Sector Index. There is no guarantee the funds will meet their stated investment objective.
Direxion Daily Real Estate Bear 3X trades on the ARCA stock market under the symbol DRV.
As of March 3, 2025, DRV stock price declined to $24.21 with 267,768 million shares trading.
DRV has a beta of -1.92, meaning it tends to be less sensitive to market movements. DRV has a correlation of 0.25 to the broad based SPY ETF.
DRV has a market cap of $46.82 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, DRV traded as high as $84.94 and as low as $22.02.
DRV has underperformed the market in the last year with a price return of -32.7% while the SPY ETF gained +16.7%. However, in the short term, DRV had mixed performance relative to the market. It has outperformed in the last 3 months, returning +9.3% vs -2.2% return in SPY. But in the last 2 weeks, DRV shares have been beat by the market, returning -9.2% compared to an SPY return of -4.3%.
DRV support price is $24.06 and resistance is $25.52 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DRV shares will trade within this expected range on the day.