Direxion Daily Real Estate Bull 3X Shares (DRN) Performance
DRN total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +10.2% since Dec 31, 2025
- 1 year
- −5.2% total return
- 5 years
- −16.3% a year
- 10 years
- −5.6% a year
- Since first price
- +12.2% a year since 2009
DRN trailing returns vs SPY, QQQ, AGG
| Period | DRN total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +3.5% | +3.5% | −1.0% | −5.0% | +0.9% |
| 3 months | −16.3% | −16.9% | +3.2% | +1.9% | −0.4% |
| 6 months | −12.0% | −13.1% | +7.8% | +8.4% | −1.5% |
| YTD | +10.2% | +8.2% | +12.3% | +15.1% | −1.0% |
| 1 year | −5.2% | −7.4% | +14.4% | +15.9% | −1.1% |
| 3 years | +70.5%+19.5%/yr | +58.7% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | −58.8%−16.3%/yr | −64.8% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | −43.8%−5.6%/yr | −57.0% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +111.9%+5.1%/yr | +55.1% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionJul 16, 2009 | +626.1%+12.2%/yr | +380.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: DRN vs SPY
From Jul 16, 2009: DRN grew to $72,610, SPY to $109,532.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
DRN returns by calendar year
8 of 16 full years positive. Best 2021 (+152.9%), worst 2022 (−67.3%). 2026 is year to date.
DRN annual returns table
| Year | DRN | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +10.2% | −31.5% | +12.3% | +15.1% | −1.0% |
| 2025 | −11.2% | −38.8% | +17.7% | +20.8% | +7.2% |
| 2024 | −5.3% | −34.0% | +24.9% | +25.6% | +1.3% |
| 2023 | +12.0% | −58.1% | +26.2% | +54.9% | +5.7% |
| 2022 | −67.3% | −73.5% | −18.2% | −32.6% | −13.0% |
| 2021 | +152.9% | −21.7% | +28.7% | +27.4% | −1.8% |
| 2020 | −55.4% | −86.3% | +18.3% | +48.6% | +7.5% |
| 2019 | +81.9% | −17.0% | +31.2% | +39.0% | +8.5% |
| 2018 | −25.1% | −36.8% | −4.6% | −0.1% | +0.1% |
| 2017 | +7.5% | −18.0% | +21.7% | +32.7% | +3.6% |
| 2016 | +13.5% | −41.2% | +12.0% | +7.1% | +2.4% |
| 2015 | −4.2% | −47.5% | +1.2% | +9.4% | +0.5% |
| 2014 | +108.2% | −21.5% | +13.5% | +19.2% | +6.0% |
| 2013 | −2.2% | −47.2% | +32.3% | +36.6% | −2.0% |
| 2012 | +50.3% | −25.6% | +16.0% | +18.1% | +3.8% |
| 2011 | −5.1% | −60.0% | +1.9% | +3.4% | +7.7% |
| 2010 | +63.1% | −48.2% | +15.1% | +19.9% | +6.4% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
DRN largest drawdowns
Now 68.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 14, 2020 | −86.3% | Mar 23, 2020 | not yet | 38 days | 6.7 years so far |
| Jul 22, 2011 | −60.0% | Oct 3, 2011 | Jul 17, 2012 | 2 months | 12 months |
| Aug 1, 2016 | −49.2% | Feb 8, 2018 | Jun 20, 2019 | 1.5 years | 2.9 years |
| Apr 29, 2010 | −48.2% | Jul 6, 2010 | Nov 4, 2010 | 2 months | 6 months |
| Jan 26, 2015 | −48.1% | Feb 11, 2016 | Jun 30, 2016 | 1.0 years | 1.4 years |
| May 21, 2013 | −47.2% | Aug 19, 2013 | Aug 19, 2014 | 3 months | 1.2 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
DRN risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2009 |
|---|---|---|---|---|
| Annualized return | +9.2% | −14.7% | −7.7% | +10.0% |
| Volatility (annualized) | 50.2% | 57.5% | 53.8% | 53.6% |
| Sharpe ratio | 0.33 | -0.05 | 0.11 | 0.44 |
| Sortino ratio | 0.53 | -0.08 | 0.15 | 0.67 |
| Best month | +39.1% | +39.1% | +39.1% | +42.2% |
| Worst month | −25.3% | −36.5% | −64.8% | −64.8% |
| Best 12 months | +100.2% | +100.2% | +192.7% | +192.7% |
| Worst 12 months | −28.8% | −67.3% | −69.2% | −69.2% |
| Positive months | 56% | 50% | 56% | 58% |
| Beta vs S&P 500 | 2.64 | 2.83 | 2.65 | — |
| Correlation with S&P 500 | 0.65 | 0.77 | 0.75 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
DRN rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 196 | −69.2% | +8.0% | +192.7% | 60% |
| 3-year (a year) | 172 | −29.7% | +6.9% | +66.3% | 65% |
| 5-year (a year) | 148 | −18.9% | +3.7% | +47.8% | 58% |
| 10-year (a year) | 88 | −7.7% | +2.0% | +29.1% | 58% |
Every holding period starting at a month-end since 2009. Returns for 3 years and longer are annualized.
DRN performance overview
Direxion Daily Real Estate Bull 3X Shares (DRN) returned −5.2% over the past year and −5.6% a year over ten years, with distributions reinvested. Since its first recorded price in 2009 it has returned +12.2% a year, turning $10,000 into about $72,610. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −86.3%, from Feb 14, 2020 to Mar 23, 2020; the fund has not yet regained that high. DRN finished 8 of its 16 full calendar years with a gain; the best year was 2021 (+152.9%) and the worst 2022 (−67.3%). Volatility has been 53.6% a year.
Related: DRN chart, DRN dividends. See the DRN overview for the latest quote and fund facts.
DRN performance FAQ
What is the DRN return over the past year?
DRN returned −5.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 7.4%.
What is the average annual return of DRN?
DRN has returned −16.3% a year over 5 years, −5.6% a year over 10 years, +12.2% a year since July 16, 2009 (total return, distributions reinvested).
How much would $10,000 invested in DRN be worth?
$10,000 invested in DRN at its first recorded close on July 16, 2009 would be worth about $72,610 on October 23, 2026 with distributions reinvested.
What was the worst year for DRN?
The worst calendar year was 2022, with a total return of −67.3%. The best was 2021 at +152.9%.
What is the biggest drawdown of DRN?
The largest peak-to-trough decline was −86.3% between February 14, 2020 and March 23, 2020. It has not yet recovered to that high; it is 68.6% below its peak.
How volatile is DRN?
Over the past 3 years DRN had an annualized volatility of 50.2% and a Sharpe ratio of 0.33 (excess return over 1–3 month T-bills per unit of risk).