Name of ETF: Direxion Daily Real Estate Bull 3x Shares
Benchmark Index: MSCI US REIT Index
Ticker Symbol: DRN
Types of Companies Included: U.S. real estate investment trusts (REITs).
Daily Target: 3x
Leveraged ETF: This ETF attempts to produce leveraged daily returns above the benchmark index results based on a multiplier. In the case of this ETF, the multiplier is 3x (300%). This means the ETF is seeking results equal to 300% of the benchmark index performance.