CRED vs. DRN
Compare and contrast key facts about Columbia Research Enhanced Real Estate ETF (CRED) and Direxion Daily Real Estate Bull 3x Shares (DRN).
CRED and DRN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CRED is a passively managed fund by Columbia that tracks the performance of the Beta Advantage Lionstone Research Enhanced REIT Index - Benchmark TR Gross. It was launched on Apr 26, 2023. DRN is a passively managed fund by Direxion that tracks the performance of the MSCI US REIT Index (300%). It was launched on Jul 16, 2009. Both CRED and DRN are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
CRED vs. DRN - Performance Comparison
Loading graphics...
CRED vs. DRN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
CRED Columbia Research Enhanced Real Estate ETF | 4.77% | -2.30% | 5.21% | 13.18% |
DRN Direxion Daily Real Estate Bull 3x Shares | 7.20% | -11.24% | -5.29% | 24.17% |
Returns By Period
In the year-to-date period, CRED achieves a 4.77% return, which is significantly lower than DRN's 7.20% return.
CRED
- 1D
- 1.18%
- 1M
- -4.52%
- YTD
- 4.77%
- 6M
- 1.26%
- 1Y
- 0.97%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DRN
- 1D
- 4.73%
- 1M
- -13.43%
- YTD
- 7.20%
- 6M
- -4.70%
- 1Y
- -11.37%
- 3Y*
- 1.62%
- 5Y*
- -8.74%
- 10Y*
- -5.97%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
CRED vs. DRN - Expense Ratio Comparison
CRED has a 0.33% expense ratio, which is lower than DRN's 0.99% expense ratio.
Return for Risk
CRED vs. DRN — Risk / Return Rank
CRED
DRN
CRED vs. DRN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Research Enhanced Real Estate ETF (CRED) 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.
| CRED | DRN | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.06 | -0.23 | +0.30 |
Sortino ratioReturn per unit of downside risk | 0.19 | -0.00 | +0.20 |
Omega ratioGain probability vs. loss probability | 1.03 | 1.00 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 0.13 | -0.31 | +0.44 |
Martin ratioReturn relative to average drawdown | 0.38 | -0.82 | +1.20 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| CRED | DRN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.06 | -0.23 | +0.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.15 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.10 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 0.20 | +0.23 |
Correlation
The correlation between CRED and DRN is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
CRED vs. DRN - Dividend Comparison
CRED's dividend yield for the trailing twelve months is around 4.86%, more than DRN's 2.48% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CRED Columbia Research Enhanced Real Estate ETF | 4.86% | 5.50% | 4.82% | 2.72% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DRN Direxion Daily Real Estate Bull 3x Shares | 2.48% | 2.81% | 2.24% | 2.84% | 2.70% | 4.21% | 1.90% | 2.59% | 3.11% | 0.91% |
Drawdowns
CRED vs. DRN - Drawdown Comparison
The maximum CRED drawdown since its inception was -17.59%, smaller than the maximum DRN drawdown of -86.32%. Use the drawdown chart below to compare losses from any high point for CRED and DRN.
Loading graphics...
Drawdown Indicators
| CRED | DRN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.59% | -86.32% | +68.73% |
Max Drawdown (1Y)Largest decline over 1 year | -8.83% | -25.79% | +16.96% |
Max Drawdown (5Y)Largest decline over 5 years | — | -80.58% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -86.32% | — |
Current DrawdownCurrent decline from peak | -6.14% | -69.44% | +63.30% |
Average DrawdownAverage peak-to-trough decline | -5.88% | -34.78% | +28.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.95% | 12.29% | -8.34% |
Volatility
CRED vs. DRN - Volatility Comparison
The current volatility for Columbia Research Enhanced Real Estate ETF (CRED) is 4.52%, while Direxion Daily Real Estate Bull 3x Shares (DRN) has a volatility of 15.02%. This indicates that CRED experiences smaller price fluctuations and is considered to be less risky than DRN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| CRED | DRN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.52% | 15.02% | -10.50% |
Volatility (6M)Calculated over the trailing 6-month period | 9.13% | 28.98% | -19.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.47% | 48.74% | -33.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.37% | 56.64% | -40.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.37% | 60.62% | -44.25% |