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DRN / DRN: Portfolio Composition Of This 3X Leveraged Fund Fails To Generate Optimism

DRN: Portfolio Composition Of This 3X Leveraged Fund Fails To Generate Optimism
DRN suffered 53.5 percent price loss during the past one year. In the absence of any significant yield, its total return was equally pathetic at -52.5 percent. Most REITs included in DRN's portfolio have neither performed during the past one year nor have the potential to generate positive returns in the near future. DRN failed to generate any positive return during 2023, too, and this 3x leveraged fund doesn't seem to be the exposure that investors are looking for. Read More
Posted: Jun 4 2023, 06:37
Author Name: Seeking Alpha
Views: 102136

DRN News  

Commercial Real Estate Could Bring Out More Bears

By ETF Trends
October 5, 2023

Commercial Real Estate Could Bring Out More Bears

Higher interest rates aren't just a thorn in the side of prospective residential real estate buyers and owners. Additionally, commercial real estate i more_horizontal

Top Performing Leveraged/Inverse ETFs: 07/02/2023

By ETF Trends
July 7, 2023

Top Performing Leveraged/Inverse ETFs: 07/02/2023

Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these k more_horizontal

A Real Estate Recovery Is Just What This Leveraged ETF Needs

By ETF Trends
July 5, 2023

A Real Estate Recovery Is Just What This Leveraged ETF Needs

A summer real estate market should help heat up the sector amid relatively high interest rates. If the real estate market is indeed in recovery mode, more_horizontal

DRN: Portfolio Composition Of This 3X Leveraged Fund Fails To Generate Optimism

By Seeking Alpha
June 4, 2023

DRN: Portfolio Composition Of This 3X Leveraged Fund Fails To Generate Optimism

DRN suffered 53.5 percent price loss during the past one year. In the absence of any significant yield, its total return was equally pathetic at -52.5 more_horizontal

Housing Recession Is Over

By Seeking Alpha
April 23, 2023

All Eyes On CPI

By Seeking Alpha
February 12, 2023

All Eyes On CPI

U.S. equity markets declined while benchmark interest rates jumped this week as hawkish commentary from Fed officials, heightened geopolitical tension more_horizontal

DRN Investors Need To Watch For A China Gut-Shot

By Seeking Alpha
February 6, 2023

DRN Investors Need To Watch For A China Gut-Shot

One of the reasons why inflation is so under control is that China has been lying dormant. Their impact on global commodity prices is one of the highe more_horizontal

Mall REITs: The Bleeding Has Stopped

By Seeking Alpha
November 29, 2022

Mall REITs: The Bleeding Has Stopped

Mall REITs - which endured a dismal stretch of underperformance from 2015-2020 - enter the critical holiday season on surprisingly stable footing as r more_horizontal


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