DRN vs. BBRE
Compare and contrast key facts about Direxion Daily Real Estate Bull 3x Shares (DRN) and JPMorgan BetaBuilders MSCI US REIT ETF (BBRE).
DRN and BBRE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. BBRE is a passively managed fund by JPMorgan that tracks the performance of the MSCI US REIT Index. It was launched on Jun 15, 2018. Both DRN and BBRE 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
DRN vs. BBRE - Performance Comparison
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DRN vs. BBRE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
DRN Direxion Daily Real Estate Bull 3x Shares | 2.36% | -11.24% | -5.29% | 12.03% | -67.26% | 152.94% | -55.37% | 81.86% | -14.95% |
BBRE JPMorgan BetaBuilders MSCI US REIT ETF | 4.37% | 2.09% | 8.24% | 13.85% | -24.68% | 42.99% | -7.55% | 26.06% | -2.60% |
Returns By Period
In the year-to-date period, DRN achieves a 2.36% return, which is significantly lower than BBRE's 4.37% return.
DRN
- 1D
- 0.93%
- 1M
- -18.42%
- YTD
- 2.36%
- 6M
- -10.39%
- 1Y
- -14.15%
- 3Y*
- -0.74%
- 5Y*
- -9.58%
- 10Y*
- -6.42%
BBRE
- 1D
- 0.56%
- 1M
- -5.92%
- YTD
- 4.37%
- 6M
- 2.15%
- 1Y
- 5.44%
- 3Y*
- 8.59%
- 5Y*
- 4.96%
- 10Y*
- —
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DRN vs. BBRE - Expense Ratio Comparison
DRN has a 0.99% expense ratio, which is higher than BBRE's 0.11% expense ratio.
Return for Risk
DRN vs. BBRE — Risk / Return Rank
DRN
BBRE
DRN vs. BBRE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Real Estate Bull 3x Shares (DRN) and JPMorgan BetaBuilders MSCI US REIT ETF (BBRE). 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.
| DRN | BBRE | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.29 | 0.32 | -0.61 |
Sortino ratioReturn per unit of downside risk | -0.10 | 0.56 | -0.65 |
Omega ratioGain probability vs. loss probability | 0.99 | 1.07 | -0.09 |
Calmar ratioReturn relative to maximum drawdown | -0.43 | 0.42 | -0.85 |
Martin ratioReturn relative to average drawdown | -1.13 | 1.73 | -2.87 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DRN | BBRE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.29 | 0.32 | -0.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.17 | 0.27 | -0.44 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.11 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.19 | 0.28 | -0.08 |
Correlation
The correlation between DRN and BBRE 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
DRN vs. BBRE - Dividend Comparison
DRN's dividend yield for the trailing twelve months is around 2.60%, less than BBRE's 3.01% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DRN Direxion Daily Real Estate Bull 3x Shares | 2.60% | 2.81% | 2.24% | 2.84% | 2.70% | 4.21% | 1.90% | 2.59% | 3.11% | 0.91% |
BBRE JPMorgan BetaBuilders MSCI US REIT ETF | 3.01% | 3.24% | 3.19% | 3.68% | 2.62% | 1.70% | 3.17% | 2.19% | 1.96% | 0.00% |
Drawdowns
DRN vs. BBRE - Drawdown Comparison
The maximum DRN drawdown since its inception was -86.32%, which is greater than BBRE's maximum drawdown of -43.61%. Use the drawdown chart below to compare losses from any high point for DRN and BBRE.
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Drawdown Indicators
| DRN | BBRE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.32% | -43.61% | -42.71% |
Max Drawdown (1Y)Largest decline over 1 year | -32.57% | -13.24% | -19.33% |
Max Drawdown (5Y)Largest decline over 5 years | -80.58% | -31.15% | -49.43% |
Max Drawdown (10Y)Largest decline over 10 years | -86.32% | — | — |
Current DrawdownCurrent decline from peak | -70.82% | -5.92% | -64.90% |
Average DrawdownAverage peak-to-trough decline | -34.77% | -10.73% | -24.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.25% | 3.21% | +9.04% |
Volatility
DRN vs. BBRE - Volatility Comparison
Direxion Daily Real Estate Bull 3x Shares (DRN) has a higher volatility of 13.99% compared to JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) at 4.59%. This indicates that DRN's price experiences larger fluctuations and is considered to be riskier than BBRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DRN | BBRE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.99% | 4.59% | +9.40% |
Volatility (6M)Calculated over the trailing 6-month period | 28.59% | 9.28% | +19.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.51% | 17.05% | +31.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.62% | 18.77% | +37.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 60.61% | 22.71% | +37.90% |