Direxion Daily Real Estate Bull 3X ETF(DRN · ETF)
ETF quote, holdings, sector allocation, technicals, and options analytics.
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
- 52-Week Range
- $8.05 – $11.86
- YTD
- +30.28%
- IV Rank (30D)
- 24.46
- Straddle Price
- $1.10
- P/C Vol Ratio
- 0.20
Direxion Daily Real Estate Bull 3X ETF (DRN) ETF
- Exchange
- ARCX
- Inception
- 2009-07-16
- Has Options
- Yes
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-06-23 | 2026-06-30 | $0.0570 | CD |
| 2026-03-24 | 2026-03-31 | $0.0453 | CD |
| 2025-12-23 | 2025-12-31 | $0.0497 | CD |
| 2025-09-23 | 2025-09-30 | $0.0512 | CD |
| 2025-06-24 | 2025-07-01 | $0.0745 | CD |
| 2025-03-25 | 2025-04-01 | $0.0637 | CD |
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| — | REAL ESTATE SELECT SECTOR INDEX SWAP | 90.19% | Derivative | — |
| — | REAL ESTATE SELECT SECTOR INDEX SWAP | 78.98% | Derivative | — |
| — | REAL ESTATE SELECT SECTOR INDEX SWAP | 60.28% | Derivative | — |
| — | DREYFUS GOVT CASH MAN INS | 22.43% | Derivative | — |
| — | GOLDMAN FINL SQ TRSRY INST 506 | 9.04% | Derivative | — |
| WELL | WELLTOWER INC | 8.21% | Equity (US) | — |
| PLD | PROLOGIS INC | 6.40% | Equity (US) | — |
| EQIX | EQUINIX INC | 4.81% | Equity (US) | — |
| AMT | AMERICAN TOWER CORP | 3.67% | Equity (US) | — |
| SPG | SIMON PROPERTY GROUP INC | 3.48% | Equity (US) | — |
| VTR | VENTAS INC | 3.38% | Equity (US) | — |
| O | REALTY INCOME CORP | 3.30% | Equity (US) | — |
| DLR | DIGITAL REALTY TRUST INC | 3.27% | Equity (US) | — |
| PSA | PUBLIC STORAGE | 3.22% | Equity (US) | — |
| CBRE | CBRE GROUP INC - A | 2.87% | Equity (US) | — |
| IRM | IRON MOUNTAIN INC | 2.65% | Equity (US) | — |
| CCI | CROWN CASTLE INC | 2.42% | Equity (US) | — |
| EXR | EXTRA SPACE STORAGE INC | 2.19% | Equity (US) | — |
| VICI | VICI PROPERTIES INC | 2.08% | Equity (US) | — |
| AVB | AVALONBAY COMMUNITIES INC | 1.89% | Equity (US) | — |
| EQR | EQUITY RESIDENTIAL | 1.67% | Equity (US) | — |
| SBAC | SBA COMMUNICATIONS CORP | 1.35% | Equity (US) | — |
| ESS | ESSEX PROPERTY TRUST INC | 1.35% | Equity (US) | — |
| KIM | KIMCO REALTY CORP | 1.26% | Equity (US) | — |
| WY | WEYERHAEUSER CO | 1.23% | Equity (US) | — |
| INVH | INVITATION HOMES INC | 1.15% | Equity (US) | — |
| HST | HOST HOTELS & RESORTS INC | 1.12% | Equity (US) | — |
| MAA | MID-AMERICA APARTMENT COMM | 1.10% | Equity (US) | — |
| DOC | HEALTHPEAK PROPERTIES INC | 1.09% | Equity (US) | — |
| REG | REGENCY CENTERS CORP | 0.97% | Equity (US) | — |
| UDR | UDR INC | 0.84% | Equity (US) | — |
| CSGP | COSTAR GROUP INC | 0.81% | Equity (US) | — |
| CPT | CAMDEN PROPERTY TRUST | 0.81% | Equity (US) | — |
| BXP | BXP INC | 0.72% | Equity (US) | — |
| FRT | FEDERAL REALTY INVS TRUST | 0.70% | Equity (US) | — |
| ARE | ALEXANDRIA REAL ESTATE EQUIT | 0.56% | Equity (US) | — |
| Category | Weight | Value | Positions |
|---|---|---|---|
| Short-term investment | 26.40% | $14.2M | 2 |
| Derivative (equity) | 4.34% | $2.3M | 3 |
| Month | Avg Return | Years of Data |
|---|---|---|
| Jan | +3.46% | 17 |
| Feb | +0.60% | 17 |
| Mar | +2.39% | 17 |
| Apr | +5.17% | 17 |
| May | -2.69% | 17 |
| Jun | +1.61% | 17 |
| Jul | +10.49% | 18 |
| Aug | -2.05% | 17 |
| Sep | -5.35% | 17 |
| Oct | +3.21% | 17 |
| Nov | +4.64% | 17 |
| Dec | +2.70% | 17 |
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
Momentum Oscillators
Volume & Volatility
Data Summary
LLM Stock Analysis Report
SYMBOL: DRN CURRENT PRICE: $11.23
Executive Summary
Overall Assessment: NEUTRAL with confidence level 6/10 Key Drivers: Volatility, Trend Strength, Market Sentiment Primary Risks: Rate Cuts, Stagflation Concerns Investment Thesis: Moderate volatility and trend strength signal potential for range-bound trading. However, market sentiment remains mixed, with positive news headlines and neutral options activity. Recent News Sentiment Impact: Positive news headlines have contributed to the stock's recent upward momentum.
Technical Analysis
Trend Direction: Short-term (1-4 weeks): Uptrend; Medium-term (1-3 months): Range-bound; Long-term (3-12 months): Downtrend Support/Resistance Levels: * SMA 20: $11.01 (support) * SMA 50: $10.83 (support) * Upper Bollinger Band: $11.61 (resistance) Momentum Signals: * RSI: Neutral (54.27) * MACD: Bullish momentum * Bollinger Bands: Neutral signal
News & Sentiment Analysis
Recent Headlines Summary: Positive headlines on real estate rebound and rate-sensitive sectors have contributed to the stock's upward momentum.
Sentiment Assessment: Mixed sentiment with 4 positive news articles, 2 neutral, and no negative reports.
Catalyst Identification: Upcoming rate decisions and potential changes in interest rates could impact the stock's volatility and trend strength.
Market Narrative: Market narrative suggests a potential range-bound trading environment, with mixed signals from technical indicators and news headlines.
Risk & Volatility Assessment
Beta Interpretation: Moderate risk relative to market (beta 0.88).
Volatility Regime: Current volatility is moderate compared to historical levels.
Options Market Signals: * IV Rank: Low * Put/Call Volume Ratio: Bullish sentiment * Open Interest: Calls dominate puts
Market Context & Positioning
Sector Performance: Real estate sector has been performing well, supporting the stock's upward momentum.
Institutional Activity: Institutional investors have been buying calls, indicating bullish sentiment.
Correlation Analysis: Stock moves moderately relative to market (R-squared 0.26).
Relative Valuation: Stock is trading within a range-bound environment with no clear valuation trends.
Key Levels & Action Items
Critical Price Levels: * SMA 20: $11.01 (support) * Upper Bollinger Band: $11.61 (resistance)
Breakout/Breakdown Levels: None currently identified.
Time-Sensitive Catalysts: Upcoming rate decisions and potential changes in interest rates.
Risk Management: Use stop-loss levels around SMA 20 and consider position sizing based on risk tolerance.
This comprehensive analysis provides an objective assessment of the stock's technical, news, and sentiment factors. The report highlights key drivers, primary risks, and recent news headlines that have contributed to the stock's upward momentum. It also identifies potential catalysts, such as rate decisions, which could impact volatility and trend strength.
- IV Rank (30D)
- 24.46
- IV Rank (7D)
- 24.46
- Avg IV
- 108.7%
- Straddle (30D)
- $1.10
- Straddle (7D)
- $1.10
- P/C Volume
- 0.20
Each spread is ranked by a composite score built in three stages. Full documentation →
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Enter a ticker to render the implied volatility surface.
Enter a ticker to render the implied volatility smile.
- Beta (1Y vs SPY)
- 0.89
- Correlation (SPY)
- 26.6%
- R²
- 0.07
- Ann. Volatility
- 42.3%
- SPY Volatility
- 12.7%
Moderate volatility - stock generally follows market
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| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
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