Direxion Daily Real Estate Bull 3X Shares

10-Year Study

DRN.US · · US · ETF

Executive Summary: Direxion Daily Real Estate Bull 3X Shares has compounded at -4.5% annually over the last 10 years, with a maximum drawdown of 79.0% and an annualized volatility of 47.9%.

1Y CAGR
+12.0%
3Y CAGR
+11.1%
5Y CAGR
-9.7%
10Y CAGR
-4.5%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
79.0%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.14
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.20
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
53.7%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2021 · +152.9%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -67.3%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
50%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20266.617.1-19.222.7————————23.7%
20253.512.0-8.9-7.51.4-0.6-1.65.0-0.3-9.94.3-6.8-11.2%
2024-15.25.94.2-25.313.95.121.116.28.7-10.710.8-25.3-5.3%
202329.9-18.1-7.41.6-14.315.52.9-10.5-21.4-10.839.125.812.0%
2022-23.7-11.924.0-11.9-16.9-21.626.5-17.0-36.53.217.6-15.4-67.3%
2021-1.010.015.524.81.47.313.26.1-16.722.1-7.130.3152.9%
20202.8-21.6-64.818.02.43.19.60.9-9.6-9.930.47.5-55.4%
201938.01.49.7-2.30.02.03.69.95.22.8-4.81.581.9%
2018-13.0-22.911.23.111.213.21.18.4-8.4-9.913.6-24.6-25.1%
2017-0.910.3-7.80.0-2.66.13.0-1.4-0.9-3.57.7-1.37.5%
2016———-7.86.221.312.8-11.3-6.9-17.0-6.113.6-1.9%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 47.9%. The dominant macroeconomic risk driver is VNQ.US, accounting for 101.2% of variance. Idiosyncratic stock-specific factors contribute 0.6%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-019223.408127561144
2016-05-019797.985135087534
2016-06-0111887.820399920154
2016-07-0113404.252820928294
2016-08-0111893.51509387439
2016-09-0111078.645484753484
2016-10-019192.527622201087
2016-11-018634.036657390774
2016-12-019810.548686697899
2017-01-019719.022626134536
2017-02-0110717.003064567261
2017-03-019883.816501696667
2017-04-019888.395740134089
2017-05-019632.0170958235
2017-06-0110222.562729695774
2017-07-0110524.733758380593
2017-08-0110378.198128383061
2017-09-0110286.672067819696
2017-10-019925.029647633472
2017-11-0110689.527633942724
2017-12-0110546.74932779128
2018-01-019179.905362405625
2018-02-017074.277595782403
2018-03-017868.540631934904
2018-04-018113.2363474115555
2018-05-019018.34043702373
2018-06-0110208.296640717648
2018-07-0110315.850035811993
2018-08-0111185.611797996877
2018-09-0110246.104711918935
2018-10-019229.513778811042
2018-11-0110481.407117780362
2018-12-017898.481806333439
2019-01-0110898.47006469642
2019-02-0111048.352061244377
2019-03-0112115.72557445959
2019-04-0111842.086723731023
2019-05-0111842.086723731023
2019-06-0112077.74137870302
2019-07-0112508.189791820776
2019-08-0113747.049913698967
2019-09-0114464.757476487372
2019-10-0114870.431035494968
2019-11-0114157.067878403606
2019-12-0114364.19035541935
2020-01-0114764.110512287623
2020-02-0111579.132762689773
2020-03-014074.230629234328
2020-04-014809.491939366186
2020-05-014925.3231885589485
2020-06-015076.085807883335
2020-07-015565.535947021734
2020-08-015613.500534244485
2020-09-015074.970352366527
2020-10-014574.013408949476
2020-11-015965.456103890004
2020-12-016412.1079760940265
2021-01-016346.11997604706
2021-02-016980.755456925804
2021-03-018064.097596486902
2021-04-0110064.813836345063
2021-05-0110207.357309756126
2021-06-0110954.184132351733
2021-07-0112403.219556870617
2021-08-0113163.431845667923
2021-09-0110970.798548733665
2021-10-0113389.986731950168
2021-11-0112443.78691277138
2021-12-0116218.664506205456
2022-01-0112370.519097772612
2022-02-0110899.526812028133
2022-03-0113516.444162645155
2022-04-0111903.906442636231
2022-05-019894.912348679652
2022-06-017762.513649653035
2022-07-019816.008547911748
2022-08-018144.175560956708
2022-09-015167.96411755727
2022-10-015335.752110559254
2022-11-016277.313983115526
2022-12-015310.918548263999
2023-01-016898.798830532953
2023-02-015652.365352777484
2023-03-015235.24369767633
2023-04-015317.376448624467
2023-05-014556.22482886564
2023-06-015260.957882748013
2023-07-015415.477825918489
2023-08-014846.889053271807
2023-09-013811.1592518228886
2023-10-013399.4387497504904
2023-11-014729.179142156
2023-12-015949.839726654691
2024-01-015047.84717085256
2024-02-015344.7931710639095
2024-03-015570.702267310108
2024-04-014163.936736059742
2024-05-014743.5626475043155
2024-06-014983.385583618068
2024-07-016033.381474045111
2024-08-017009.639883992627
2024-09-017622.024962720303
2024-10-016806.803104488828
2024-11-017542.181830990876
2024-12-015635.1638545446
2025-01-015829.84019632017
2025-02-016528.526307137741
2025-03-015946.669484659551
2025-04-015502.953021710287
2025-05-015577.864665891719
2025-06-015543.813918536522
2025-07-015456.7496800403915
2025-08-015729.566616177627
2025-09-015713.597989831743
2025-10-015147.474960959056
2025-11-015369.274484248594
2025-12-015001.93737010814
2026-01-015330.70320664107
2026-02-016240.680075616143
2026-03-015043.033099674756
2026-04-016187.842709030492
Annual Return Matrix
YearAnnual Return
20170.07504173972365025
2018-0.2510979866070684
20190.8186014360255096
2020-0.5536046364301449
20211.5293810657388756
2022-0.6725427949858647
20230.12030332843261893
2024-0.05288812582637714
2025-0.11237055403913065
20260.23708920187793425
Total Factor Risk
0.47948843079362347
VTI.US Exposure
0.00006873318558436554
VEA.US Exposure
-0.013549116362308596
VWO.US Exposure
0.002632585781137083
QQQ.US Exposure
-0.011070105571556266
VTV.US Exposure
-0.03196931530034605
IJR.US Exposure
-0.03562493414745332
QUAL.US Exposure
0.05734648257958588
SHV.US Exposure
0.025281079041263217
TLT.US Exposure
0.005613621003053952
LQD.US Exposure
-0.01590211295370363
HYG.US Exposure
-0.007676260102691023
GLD.US Exposure
0.005344392728906331
USO.US Exposure
-0.003173767432106251
VNQ.US Exposure
1.01248811717106
BTC-USD.CC Exposure
0.004533068471128826
CPER.US Exposure
-0.0004105201896114504
VIX.INDX Exposure
-0.000682612736469283
UUP.US Exposure
0.005736872147162358
TIP.US Exposure
-0.004893135131436475
Idiosyncratic Exposure
0.005906927818800273
Value Score
34.9
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
27
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
47.9%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →37.8x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →2.25%
Market Cap$47.1B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$29
Avg Yield on Cost
0.29%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$29.350.29%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+9.0%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+13.3%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
2.0% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
2.80
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Direxion Daily Real Estate Bull 3X Shares a high-risk investment?

Direxion Daily Real Estate Bull 3X Shares (DRN.US) has an annualized volatility of 47.9% and experienced a maximum drawdown of 79.0% over the last 10 years. Its primary macro risk driver is VNQ.US.

What is the 10-year return of DRN.US?

Over the past 10 years, DRN.US has generated a Compound Annual Growth Rate (CAGR) of -4.5%. It has had a positive return in 50% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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