This is not to EL just yet.
This ETN is based on housing demise so if you feel housing is going up versus down, this would be a bad choice.
Leveraged.
No recommendation.
Direxion Shares ETF Trust - Direxion Daily Real Estate Bear 3X Shares is an exchange traded fund launched by Direxion Investments. The fund is managed by Rafferty Asset Management, LLC. The fund invests in public equity markets of the United States. It invests through derivatives and through other funds in stocks of companies operating across real estate, equity real estate investment trusts (reits) sectors. The fund employs short strategy and uses derivatives such as futures, swaps to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. It seeks to track -3x the daily performance of the Real Estate Select Sector Index. Direxion Shares ETF Trust - Direxion Daily Real Estate Bear 3X Shares was formed on July 16, 2009 and is domiciled in the United States.
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse of the daily performance of the Real Estate Select Sector Index. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in swap agreements, futures contracts, short positions or other financial instruments that provide inverse (opposite) or short daily exposure to the index or to ETFs that track the index. The index is provided by S&P Dow Jones Indices and includes securities of companies from the following industries: real estate management and development and REITs, excluding mortgage REITs. The fund is non-diversified. Benchmark: Real Estate Select Sector TR USD
This ETN is based on housing demise so if you feel housing is going up versus down, this would be a bad choice.
Leveraged.
No recommendation.
Direxion Shares ETF Trust - Direxion Daily Real Estate Bear 3X Shares is an exchange traded fund launched by Direxion Investments. The fund is managed by Rafferty Asset Management, LLC. The fund invests in public equity markets of the United States. It invests through derivatives and through other funds in stocks of companies operating across real estate, equity real estate investment trusts (reits) sectors. The fund employs short strategy and uses derivatives such as futures, swaps to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. It seeks to track -3x the daily performance of the Real Estate Select Sector Index. Direxion Shares ETF Trust - Direxion Daily Real Estate Bear 3X Shares was formed on July 16, 2009 and is domiciled in the United States.
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse of the daily performance of the Real Estate Select Sector Index. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in swap agreements, futures contracts, short positions or other financial instruments that provide inverse (opposite) or short daily exposure to the index or to ETFs that track the index. The index is provided by S&P Dow Jones Indices and includes securities of companies from the following industries: real estate management and development and REITs, excluding mortgage REITs. The fund is non-diversified. Benchmark: Real Estate Select Sector TR USD