CLIM vs. DRN

Last updated Jul 8, 2026

CLIM (Climate Global - Climate-Resilient REIT Index ETF) and DRN (Direxion Daily Real Estate Bull 3x Shares) are both REIT funds - CLIM tracks the Climate Global Climate-Resilient REIT Index (CLIMX) while DRN tracks the MSCI US REIT Index (300%). Both are passively managed. Their correlation of 0.92 suggests significant overlap in exposure. CLIM charges 0.90%/yr vs 0.99%/yr for DRN.

Performance

CLIM vs. DRN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Climate Global - Climate-Resilient REIT Index ETF (CLIM) and Direxion Daily Real Estate Bull 3x Shares (DRN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CLIM

• 1D: 0.97%
• 1M: 4.19%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DRN

• 1D: 4.01%
• 1M: 2.28%
• 6M: 29.05%
• YTD: 32.23%
• 1Y: 19.43%
• 3Y*: 7.67%
• 5Y*: -10.39%
• 10Y*: -6.03%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CLIM vs. DRN - Yearly Performance Comparison

	2026 (YTD)
CLIM Climate Global - Climate-Resilient REIT Index ETF	11.62%
DRN Direxion Daily Real Estate Bull 3x Shares	17.35%

Correlation

The correlation between CLIM and DRN is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 12, 2026	0.92

Return for Risk

CLIM vs. DRN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CLIM

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

DRN

DRN Risk / Return Rank: 18
DRN Sharpe Ratio Rank: 17
DRN Sortino Ratio Rank: 18
DRN Omega Ratio Rank: 18
DRN Calmar Ratio Rank: 20
DRN Martin Ratio Rank: 18

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CLIM vs. DRN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Climate Global - Climate-Resilient REIT Index ETF (CLIM) and Direxion Daily Real Estate Bull 3x Shares (DRN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CLIM	DRN	Difference
Sharpe ratio: Return per unit of total volatility	—	0.46	—
Sortino ratio: Return per unit of downside risk	—	0.89	—
Omega ratio: Gain probability vs. loss probability	—	1.11	—
Calmar ratio: Return relative to maximum drawdown	—	0.80	—
Martin ratio: Return relative to average drawdown	—	1.79	—

Drawdowns

CLIM vs. DRN - Drawdown Comparison

The maximum CLIM drawdown since its inception was -6.41%, smaller than the maximum DRN drawdown of -86.32%. Use the drawdown chart below to compare losses from any high point for CLIM and DRN.

Drawdown Indicators

	CLIM	DRN	Difference
Max Drawdown Largest peak-to-trough decline	-6.41%	-86.32%	+79.91%
Max Drawdown (1Y) Largest decline over 1 year	—	-24.28%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-48.26%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-80.58%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-86.32%	—
Current Drawdown Current decline from peak	0.00%	-62.30%	+62.30%
Average Drawdown Average peak-to-trough decline	-1.45%	-35.21%	+33.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	10.88%	—

Volatility

Volatility by Period

	CLIM	DRN	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	16.57%	—
Volatility (6M) Calculated over the trailing 6-month period	—	32.98%	—
Volatility (1Y) Calculated over the trailing 1-year period	15.95%	42.26%	-26.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.95%	56.99%	-41.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.95%	60.76%	-44.81%

CLIM vs. DRN - Expense Ratio Comparison

CLIM has a 0.90% expense ratio, which is lower than DRN's 0.99% expense ratio.

Dividends

CLIM vs. DRN - Dividend Comparison

CLIM's dividend yield for the trailing twelve months is around 1.14%, less than DRN's 1.87% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
CLIM Climate Global - Climate-Resilient REIT Index ETF	1.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DRN Direxion Daily Real Estate Bull 3x Shares	1.87%	2.81%	2.24%	2.84%	2.70%	4.21%	1.90%	2.59%	3.11%	0.91%

Frequently Asked Questions

Can I hold both CLIM and DRN in my portfolio?

With a correlation of 0.92, CLIM and DRN move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, CLIM or DRN?

On fees, CLIM is cheaper at 0.90% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CLIM or DRN?

CLIM is cheaper with a 0.90% expense ratio, compared with 0.99% for DRN.

Which ETF pays a higher dividend yield, CLIM or DRN?

DRN has the higher dividend yield at 1.87%, compared with 1.14% for CLIM.

What is the main difference between CLIM and DRN?

CLIM tracks Climate Global Climate-Resilient REIT Index (CLIMX), while DRN tracks MSCI US REIT Index (300%). They also come from different issuers: Climate Global and Direxion. Their fees differ too: 0.90% for CLIM and 0.99% for DRN.