Summary
Direxion Daily Real Estate Bull 3X ETF is an ETF - a fund traded on an exchange like a stock - run by Direxion. Positions inside: 35. The ten largest make up 273% of the fund.
- Yearly costs
- 0.98%
- Fund size
- $40.5M
- Positions
- 35
- Dividend yield
- 2.51%
- Running since
- 2009
What speaks for it
- Easy to buy and sell: about $11.1M changes hands a day.
- It has been running since 2009.
What to watch
- The ten largest positions make up 273% of the fund, so its result rests on a few names.
- 100% of the fund is in one sector (Real estate).
- 82% of the fund is in one country (United States).
- Costs of 0.98% a year are above the middle of comparable funds (0.43%).
- In the last five years its price once dropped by 81% from its high.
- A small fund with $40.5M under management; small funds get closed more often.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +6.7%
- 3 months
- -23%
- This year
- +7.3%
- 1 year
- -3.4%
- 3 years
- +60%
- 5 years
- -66%
- 10 years
- -52%
- Avg. market cap
- $64.2B
- P/E
- 33.0x
- Forward P/E
- 38.3x
- P/S
- 5.5x
- P/B
- 2.6x
- P/FCF
- 25.4x
- EV/EBITDA
- 18.5x
- Dividend yield
- 3.52%
- ROIC
- -2.5%
- ROE
- 18.4%
- Gross margin
- 43.4%
- Operating margin
- 27.9%
- Net margin
- 24.2%
- Payout ratio
- 116.0%
- Net debt/EBITDA
- 4.1x
- Beta
- 2.62
Weighted average of the 30 largest companies, which make up 76% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 IXRE SWAP ASSET LEG (IXREUBL) 95%
- 2 IXRE SWAP ASSET LEG (IXREJPL) 84%
- 3 IXRE SWAP ASSET LEG (IXREMLL) 45%
- 4 DREYFUS GOVT CASH MAN INS 17%
- 5 WEWelltower WELL 8.9%
- 6 PLPrologis PLD 6.2%
- 7 EQEquinix EQIX 4.9%
- 8 GOLDMAN FINL SQ TRSRY INST 506 4.6%
- 9 AMAmerican Tower AMT 4.4%
- 10 PSPublic Storage PSA 3.7%
Positions in the fund: 35. The ten largest make up 273% of it.
Composition as of Oct 24, 2026.
Where is it spread?
One sector dominatesBy sector
- Real estate 100%
By country
- United States 82%
- Other countries 18%
By company size
- Large cap 97%
- Mid cap 2.9%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 76% of the fund.
Largest sector: Real estate (100%). Largest country: United States (82%). Largest size group: Large cap (97%).
What does it cost me?
Expensive- A year from $10,000
- $98.00
- Over 20 years
- $4,537
From every $10,000 invested the fund takes $98.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $4,537.
How has it done?
Losing value- A year on average, 10 years
- -7.1%
- Deepest drop
- -81%
- Yearly volatility
- 43%
Average yearly decline over the last ten years: 7.1%. Deepest drop in these years: 81% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 2.51%
- Payments a year
- 4
- Last payment
- $0.07
Over the last 12 months it paid $0.22 per share, which is 2.51% of today's price. The last payment was $0.07 on Sep 22, 2026.
Is it easy to buy and sell?
Very easy- Traded a day
- $11.1M
- Shares a day
- 1.2M
On an average day about $11.1M of the fund changes hands.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 33.0
- Average Bulios Score
- 64 out of 100
Weight by Bulios Fair Price
- Undervalued 19%
- Fairly valued 21%
- Overvalued 60%
On average the companies inside trade for 33.0 times their yearly profit. By Fair Price, 60% of the rated weight comes out as overvalued.
Counted from its largest companies (30), which make up 76% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
XL XLRE State Street Real Estate Select Sector SPDR ETF | United States | 0.08% | $8.02B | +1.6% | Pays out | 76% |
TR TRUR VanEck Real Estate TruSector ETF | United States | 0.17% | $241.1K | - | Pays out | 73% |
IY IYRI NEOS Real Estate High Income ETF | United States | 0.68% | $112.7M | -8.5% | Pays out | 72% |
IY IYR iShares U.S. Real Estate ETF | United States | 0.37% | $3.92B | +1.6% | Pays out | 72% |
UR URE ProShares Ultra Real Estate | United States | 1.12% | $50.8M | +0.1% | Pays out | 72% |
IC ICF iShares Select U.S. REIT ETF | United States | 0.32% | $1.95B | +6.8% | Pays out | 67% |