Is DRV a buy? - Seeking Alpha

Quote & Headlines Market Currents StockTalk

Today 5d 1m 3m 1y 5y 10y

52wk high:

52wk low:

EPS:

PE:

Div Rate:

Yield:

Market Cap:

Volume:

91 people get DRV articles and Market Currents by email alert.

Get email alerts on DRV »

HEADLINES:

Short Selling A Pair Of Leveraged ETFs: A Goldmine Or A Bad Idea?
Ypa Finance • Tue, Apr 2 • 27 Comments
An Almost Risk-Free Way For Annual Return Of 50%+
Macro Investor • Sat, Dec 15, 2012 • 111 Comments
Is The Market In Trouble?
George Simone • Tue, May 22, 2012 • 9 Comments
REITs Register Another Month Of Outperformance In April
Michael Terry • Thu, May 3, 2012 • 13 Comments
How To Profit From A Stock Market Crash, Part II: Inverse Equity ETFs
Epsilon • Sun, Feb 12, 2012 • 6 Comments
ETF Stats For November 2011: Yearly Launches Set New Record
Ron Rowland • Thu, Dec 8, 2011
Direxion Announces Reverse Splits For 6 ETFs
Tom Lydon • Thu, Oct 6, 2011 • 1 Comment
2 Roads Diverge In Commercial Real Estate
Jan Brzeski • Tue, Aug 30, 2011 • 7 Comments
ETFs That Will Lead To Profits Despite Market Indicators Signaling Further Losses
Jared Gershman • Tue, Aug 23, 2011
Mortgage Activity Slips Despite Rate Decline
Markos Kaminis • Thu, Jun 30, 2011 • 3 Comments
Chilton: Time to Put REITs in the Portfolio
Brad Case • Wed, Jun 22, 2011 • 7 Comments
Direxion Rolls Out Leveraged Healthcare, Materials ETFs
Michael Johnston • Wed, Jun 15, 2011 • 1 Comment
Real Estate Datapoint of the Day, Bill Gross Edition
Felix Salmon • Fri, Jun 10, 2011 • 8 Comments
When to Exit Your Contra Positions
Jeff Pierce • Sun, Feb 27, 2011
Real Estate ETFs May Not Yet Be at the Bottom
Tom Lydon • Thu, Feb 24, 2011
Housing Data, U.K. News and Mixed Earnings Lean on ETFs
Tom Lydon • Tue, Jan 25, 2011
ETFs for the (Slowly) Improving Housing Market
Tom Lydon • Thu, Jan 20, 2011 • 1 Comment
2011 Stock Picks: REIT ETFs
Intelligent Speculator • Fri, Jan 7, 2011 • 3 Comments
Six Top ETF Gainers of the Week to Watch
Everyday Finance • Mon, Nov 15, 2010 • 1 Comment
Best and Worst Performing ETFs for the Week of October 18, 2010
Michael Bommarito • Mon, Oct 25, 2010 • 1 Comment

To learn more about Seeking Alpha Pro, click here.

There are no Focus articles on DRV.

Short Selling A Pair Of Leveraged ETFs: A Goldmine Or A Bad Idea?
Ypa Finance • Tue, Apr 2 • 27 Comments
An Almost Risk-Free Way For Annual Return Of 50%+
Macro Investor • Sat, Dec 15, 2012 • 111 Comments
Is The Market In Trouble?
George Simone • Tue, May 22, 2012 • 9 Comments
REITs Register Another Month Of Outperformance In April
Michael Terry • Thu, May 3, 2012 • 13 Comments
How To Profit From A Stock Market Crash, Part II: Inverse Equity ETFs
Epsilon • Sun, Feb 12, 2012 • 6 Comments
ETF Stats For November 2011: Yearly Launches Set New Record
Ron Rowland • Thu, Dec 8, 2011
Direxion Announces Reverse Splits For 6 ETFs
Tom Lydon • Thu, Oct 6, 2011 • 1 Comment
2 Roads Diverge In Commercial Real Estate
Jan Brzeski • Tue, Aug 30, 2011 • 7 Comments
ETFs That Will Lead To Profits Despite Market Indicators Signaling Further Losses
Jared Gershman • Tue, Aug 23, 2011
Mortgage Activity Slips Despite Rate Decline
Markos Kaminis • Thu, Jun 30, 2011 • 3 Comments
Chilton: Time to Put REITs in the Portfolio
Brad Case • Wed, Jun 22, 2011 • 7 Comments
Direxion Rolls Out Leveraged Healthcare, Materials ETFs
Michael Johnston • Wed, Jun 15, 2011 • 1 Comment
Real Estate Datapoint of the Day, Bill Gross Edition
Felix Salmon • Fri, Jun 10, 2011 • 8 Comments
When to Exit Your Contra Positions
Jeff Pierce • Sun, Feb 27, 2011
Real Estate ETFs May Not Yet Be at the Bottom
Tom Lydon • Thu, Feb 24, 2011
Housing Data, U.K. News and Mixed Earnings Lean on ETFs
Tom Lydon • Tue, Jan 25, 2011
ETFs for the (Slowly) Improving Housing Market
Tom Lydon • Thu, Jan 20, 2011 • 1 Comment
2011 Stock Picks: REIT ETFs
Intelligent Speculator • Fri, Jan 7, 2011 • 3 Comments
Six Top ETF Gainers of the Week to Watch
Everyday Finance • Mon, Nov 15, 2010 • 1 Comment
Best and Worst Performing ETFs for the Week of October 18, 2010
Michael Bommarito • Mon, Oct 25, 2010 • 1 Comment

There are no Transcripts on DRV.

ECB Must Act or It Is 'Game Over'

at CNBC.com (Nov 29, 2011)
Chuck Jaffe: Reverse share-split unites ETF investors

at MarketWatch.com (Jun 20, 2010)

DRV vs. ETF Alternatives

DRV Description

The Direxion Daily Real Estate Bear 3X Shares seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the price performance of the Real Estate Index. There is no guarantee the fund will meet its stated investment objective.
See more details on sponsor's website

Country: United States

Key Info

In Your Portfolio: A Guide to Sector ETFs, Real Estate [REIT] ETFs
Asset Class Performance: Real Estate

All
| Earnings
| Dividends
| M&A
| On the move

Thursday, January 24, 8:53 AM "(Commercial property) values are increasing but they're not running away," says Starwood (STWD) CEO Barry Sternlicht in an interview about the LNR purchase. He notes money is beginning to move out of fixed income into real property. This isn't news for major city centers, but Sternlicht says it's beginning to spill into "secondary cities." Comment! [Financials, U.S. Economy]
Friday, January 18, 10:59 AM More good news for housing: Household formation growth is back. After averaging more than 1M/year prior to the property bust, formations dropped to about 500K/year between 2008-10. The number bounced to 1.1M in 2011 and looks to have risen further last year. The gains are particularly felt in the rental market, and builders are obliging with a big jump in multi-family starts. 5 Comments [U.S. Economy]
Friday, November 30, 2012, 4:08 PM Norway's sovereign wealth fund is jumping into U.S. real estate, planning to invest about $11B of its $660B in "conservative" investments such as office complexes in major cities. The fund - just stocks and bonds at the moment - wants to have 5% of its assets in property. "The U.S. is the next real estate market to invest in," says fund management chief Yngve Slyngstad. 1 Comment [U.S. Economy, Global & FX]
Monday, November 26, 2012, 3:38 PM Focus on D.C. is preventing many from seeing the potential for housing - and by relation, employment - to deliver a big upside surprise in 2013, writes Jim Leaviss. If past patterns hold, the recent sharp decline in inventory should presage strong growth next year. Rising house prices removes a key psychological block from buyers - most prefer to buy into a clearly rising market. 1 Comment [U.S. Economy]
Friday, November 16, 2012, 3:29 PM Developed real estate ex-U.S. (WPS) holds its ground over the last 2 months as domestic property (IYR) falls more than 7%. YTD, WPS is up 25.4% vs. an 8.7% gain for IYR. Another international fund, VNQI - holding many of the same stocks, but less top-heavy - has posted an even greater return, +28.1%. 3 Comments [Global & FX]
Thursday, November 15, 2012, 11:00 AM The seasonally-adjusted delinquency rate for 1-4 family homes fell18 bps to 7.40% in Q3, according to the MBA. The rate fell 59 bps on a Y/Y basis. The percentage of loans in some sort of delinquency fell to 11.71% from 12.63% a year ago. "A significant drop in the shadow inventory of distressed loans (is) a real positive for the housing market." (see Blackstone - buying up everything it sees). 1 Comment [U.S. Economy]
Friday, October 19, 2012, 12:29 PM Developed real estate ex- U.S. (WPS) continues to add to its sizable lead over domestic property (IYR, VNQ), with all of the outperformance coming since late July. The fund's largest holdings are concentrated in Asia - Japan, Hong Kong - with a bit of Australia and Europe thrown in. 1 Comment
Wednesday, October 17, 2012, 8:39 AM More on September Housing Starts: Both starts and permits post their best numbers since the summer of 2008. August's gains are revised higher to +4.1% from +2.3%. As hoped, it appears housing starts are catching up to large previous gains in builder confidence. (see also) Comment! [U.S. Economy]
Friday, September 14, 2012, 3:09 PM Trailing U.S. real estate (IYR, VNQ) badly for much of the last month, the past few sessions have been especially good for developed real estate ex-U.S (WPS). On a YTD basis, WPS continues to outperform domestic property by about 600 basis points. Comment!
Saturday, August 25, 2012, 10:00 AM Southern Co. (SO) and Verizon (VZ) may be the "poster children" among high dividend-payers as the quest for yield takes the utility (XLU), telecom (IXP), and consumer staples (XLP) sectors to frothy levels. The flip-side are health-care services (XHS), autos (CARZ), housing (IYR), and tech (XLK) - lower payers, but with relative valuations that have rarely been this cheap. 17 Comments [Quick Ideas]
Wednesday, August 8, 2012, 3:15 PM The 4.8% Q2 gain in Freddie Mac's House Price Index was the strongest print in 8 years, says Chief Economist Frank Nothaft. He casts doubt on the claim of a massive "shadow inventory" set to be unleashed on the market, noting sharp declines in both excess-for-rent and excess-for-sale inventory. Also, national figures are obscuring true tightness in many local markets. 7 Comments [U.S. Economy]
Thursday, July 5, 2012, 1:16 PM Price matters. Real estate funds have trumped all other categories of stock fund over the last 3 years, not because the underlying assets have great fundamentals, but because the class "was priced for bankruptcy" in 2009. Now the fundamentals are turning. Some favorites: VNQ, SPG, AVB, FNIO, ICF, IFGL. 5 Comments [U.S. Economy]
Tuesday, July 3, 2012, 9:42 AM Blackstone (BX) gets into the residential landlord business, buying up $250M worth of foreclosed single-family homes with the intention of renting them out, according to sources. The firm joins what can now be called a mad rush of deep-pocketed investors trying to take single-family rentals out of the mom-and-pop category and into a major asset class. 24 Comments [Financials]
Friday, June 29, 2012, 3:21 PM Real estate ex-U.S. outperformed U.S. real estate this month, WPS +4.9% (45 minutes before the close) vs. IYR and VNQ, each up about 2.5%. Over the last year though, it's not close, with U.S. real estate outperforming ex-U.S. by 1500 basis points or more (depending on the ETF), the divergence beginning last last fall. Comment!
Wednesday, June 13, 2012, 1:19 PM Even with meaty yields, the dividend payout ratios for REITs remain very low, and thus very safe, says Fidelity's Sam Wald. Current low levels of supply mean economic growth does not have to be great for these companies to grow nicely, he adds. 1 Comment [Financials]
Thursday, April 12, 2012, 5:54 AM New foreclosures fell 16% in March from a year earlier, according to RealtyTrac, reaching the the lowest quarterly total since 2007. RealtyTrac expects foreclosure activity to remain elevated, though "the faster we can move some of these old foreclosures through the pipeline, the faster the market can be in a place to recover." Comment! [U.S. Economy]

Dr. Kris
House of cards: REITs & mREITs getting slammed today on Fed minutes. 3x bear REIT fund $DRV up over 5% breaking $25 resistance.
11/14/12
Reply (8)

• !Report Abuse
View all 8 replies
make$work4u: edward jones commissions are crazy high
11/14/12
• !Report Abuse
Dr. Kris: Yes they are, but they do offer great client service (if that's what you need). I inherited this account which is why it's there.
11/14/12
• !Report Abuse
Add a reply...

140 characters

Perkins Cove
DRN & DRV, real estate x3, is starting to contribute to the downdraft. This could be 'real'....chuckle.
5/4/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

freefdawatchlist
http://stks.co/3FOC Watchout for big correction in Dow and S&P500 after Triple Top and Double Top Formation. $FAZ $ERY $DRV $SDOW $EUO $tza
4/6/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

freefdawatchlist
http://stks.co/3FOC Watchout for big correction in Dow and S&P500 after Triple Top and Double Top Formation. $FAZ $ERY $DRV $SDOW $EUO $SCO
4/6/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Joshua Hayes
Big Wave Trading Market Model Hits Sell with Stocks Falling in Heavy Trade http://bit.ly/xAmAYO $TZA $SQQQ $DRV $VXX
3/7/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Thomas Pan
That student-loan debt is approaching a crippling $1 trillion, preventing young people from qualifying for mortgages. DRN DRV
2/20/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Thomas Pan
Fed reports the number of 29-34 year old's who qualified for a first mortgage declined from 17% 10 years ago to 9% in 2009-2010. DRN DRV
2/20/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

R2k
IYR breaking down lately after big runup since March '09. DRV: +13-16% today.
10/5/11
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Ned Edward
I still like DRV here.
8/8/11
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

timtrading123
Bullish Engulfing $AU,$DRV,$FUEL,$HTM,$PAR,$PFF,$YCS http://bit.ly/rqwvEG
8/2/11
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

LATEST REPLIES

Dr. Kris
House of cards: REITs & mREITs getting slammed today on Fed minutes. 3x bear REIT fund $DRV up over 5% breaking $25 resistance.
11/14/12
Reply (8)

• !Report Abuse
View all 8 replies
make$work4u: edward jones commissions are crazy high
11/14/12
• !Report Abuse
Dr. Kris: Yes they are, but they do offer great client service (if that's what you need). I inherited this account which is why it's there.
11/14/12
• !Report Abuse
Add a reply...

140 characters

DRV DirexionShares Daily Real Estate Bear 3x Shares ETF

DRV

DirexionShares Daily Real Estate Bear 3x Shares ETF