DRV vs. ABR

Last updated Jun 24, 2026

DRV (Direxion Daily Real Estate Bear 3x Shares) is REIT fund tracking the MSCI US REIT Index (-300%), while ABR (Arbor Realty Trust, Inc.) is a stock. Over the past 10 years, DRV returned -29.40%/yr vs 7.66%/yr for ABR. At a correlation of -0.40, they often move in opposite directions.

Performance

DRV vs. ABR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Real Estate Bear 3x Shares (DRV) and Arbor Realty Trust, Inc. (ABR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with DRV having a -29.93% return and ABR slightly higher at -29.86%. Over the past 10 years, DRV has underperformed ABR with an annualized return of -29.40%, while ABR has yielded a comparatively higher 7.66% annualized return.

DRV

• 1D: -4.91%
• 1M: -4.37%
• YTD: -29.93%
• 6M: -30.51%
• 1Y: -22.15%
• 3Y*: -27.14%
• 5Y*: -17.01%
• 10Y*: -29.40%

ABR

• 1D: 0.79%
• 1M: -8.44%
• YTD: -29.86%
• 6M: -29.31%
• 1Y: -44.69%
• 3Y*: -18.56%
• 5Y*: -13.53%
• 10Y*: 7.66%

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

DRV vs. ABR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DRV Direxion Daily Real Estate Bear 3x Shares	-29.93%	-7.27%	-10.50%	-33.74%	68.51%	-68.77%	-60.48%	-51.70%	5.07%	-17.10%
ABR Arbor Realty Trust, Inc.	-29.86%	-36.65%	3.16%	29.73%	-20.73%	39.42%	10.04%	55.19%	30.04%	26.60%

Correlation

The correlation between DRV and ABR is -0.37, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.37
Correlation (3Y) Calculated over the trailing 3-year period	-0.40
Correlation (5Y) Calculated over the trailing 5-year period	-0.47
Correlation (10Y) Calculated over the trailing 10-year period	-0.45
Correlation (All Time) Calculated using the full available price history since Jul 16, 2009	-0.40

The correlation between DRV and ABR shifts across timeframes, from -0.47 (5 years) to -0.37 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

DRV vs. ABR — Risk / Return Rank

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

DRV

DRV Risk / Return Rank: 4
DRV Sharpe Ratio Rank: 5
DRV Sortino Ratio Rank: 5
DRV Omega Ratio Rank: 5
DRV Calmar Ratio Rank: 3
DRV Martin Ratio Rank: 1

ABR

ABR Risk / Return Rank: 6
ABR Sharpe Ratio Rank: 4
ABR Sortino Ratio Rank: 6
ABR Omega Ratio Rank: 6
ABR Calmar Ratio Rank: 11
ABR Martin Ratio Rank: 6

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.

DRV vs. ABR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Real Estate Bear 3x Shares (DRV) and Arbor Realty Trust, Inc. (ABR). 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.

	DRV	ABR	Difference
Sharpe ratio: Return per unit of total volatility	-0.52	-1.09	+0.56
Sortino ratio: Return per unit of downside risk	-0.56	-1.54	+0.98
Omega ratio: Gain probability vs. loss probability	0.94	0.80	+0.14
Calmar ratio: Return relative to maximum drawdown	-0.68	-0.81	+0.14
Martin ratio: Return relative to average drawdown	-1.47	-1.52	+0.05

DRV vs. ABR - Sharpe Ratio Comparison

The current DRV Sharpe Ratio is -0.52, which is higher than the ABR Sharpe Ratio of -1.09. The chart below compares the historical Sharpe Ratios of DRV and ABR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DRV vs. ABR - Drawdown Comparison

The maximum DRV drawdown since its inception was -99.99%, roughly equal to the maximum ABR drawdown of -97.76%. Use the drawdown chart below to compare losses from any high point for DRV and ABR.

Drawdown Indicators

	DRV	ABR	Difference
Max Drawdown Largest peak-to-trough decline	-99.99%	-97.76%	-2.23%
Max Drawdown (1Y) Largest decline over 1 year	-32.86%	-55.18%	+22.32%
Max Drawdown (3Y) Largest decline over 3 years	-71.93%	-59.87%	-12.06%
Max Drawdown (5Y) Largest decline over 5 years	-74.35%	-59.87%	-14.48%
Max Drawdown (10Y) Largest decline over 10 years	-97.42%	-72.76%	-24.66%
Current Drawdown Current decline from peak	-99.99%	-59.55%	-40.44%
Average Drawdown Average peak-to-trough decline	-97.75%	-41.89%	-55.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.12%	29.43%	-14.31%

Volatility

DRV vs. ABR - Volatility Comparison

Direxion Daily Real Estate Bear 3x Shares (DRV) has a higher volatility of 16.42% compared to Arbor Realty Trust, Inc. (ABR) at 11.47%. This indicates that DRV's price experiences larger fluctuations and is considered to be riskier than ABR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DRV	ABR	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.42%	11.47%	+4.95%
Volatility (6M) Calculated over the trailing 6-month period	31.89%	33.81%	-1.92%
Volatility (1Y) Calculated over the trailing 1-year period	42.62%	41.37%	+1.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	57.12%	37.13%	+19.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	62.82%	40.49%	+22.33%

Dividends

DRV vs. ABR - Dividend Comparison

DRV's dividend yield for the trailing twelve months is around 4.00%, less than ABR's 20.98% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ABR Arbor Realty Trust, Inc.	20.98%	17.14%	12.42%	11.07%	11.68%	7.53%	8.67%	7.94%	11.22%	8.33%	8.31%	8.11%
DRV Direxion Daily Real Estate Bear 3x Shares	4.00%	2.88%	4.57%	5.35%	0.38%	0.00%	0.58%	1.71%	0.42%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DRV and ABR in my portfolio?

DRV and ABR have a correlation of -0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DRV or ABR?

DRV has higher volatility (16.42%) compared to ABR (11.47%). In terms of maximum drawdown, DRV dropped -99.99% vs ABR's -97.76%.

Which has better risk-adjusted returns?

DRV currently has the higher Sharpe Ratio (-0.52 vs -1.09), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.