{"url":"https://etfiq.com/compare/leverage/drv-vs-ure","section":"compare","title":"DRV vs URE: which held to its multiple? | ETFIQ","description":"DRV sets out to return -3 times IYR each day and URE +2 times. Over the three months to Sep 30, 2026 they finished +3.6 pts and \u22120.7 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, DRV or URE?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, DRV finished 3.6 points from what its multiple implies and URE finished 0.7 points from its own, so URE came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are DRV and URE levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on iShares U.S. Real Estate ETF, DRV at -3 times and URE at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, DRV or URE?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window DRV\u2019s moved at 13% annualized and URE\u2019s at 13%, so DRV has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold DRV or URE for a year?","acceptedAnswer":{"@type":"Answer","text":"Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, DRV or URE?","acceptedAnswer":{"@type":"Answer","text":"DRV charges 1.06% a year and URE charges 0.95%, so URE is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"DRV vs URE","item":"https://etfiq.com/compare/leverage/drv-vs-ure"}]},{"@type":"WebPage","name":"DRV vs URE: which held to its multiple?","description":"DRV sets out to return -3 times IYR each day and URE +2 times. Over the three months to Sep 30, 2026 they finished +3.6 pts and \u22120.7 pts away.","url":"https://etfiq.com/compare/leverage/drv-vs-ure","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, DRV finished 3.5 points over and URE 0.8 points short.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of DRV and URE","description":"DRV sets out to return -3 times IYR each day and URE +2 times. Over the three months to Sep 30, 2026 they finished +3.6 pts and \u22120.7 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/drv-vs-ure","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":7054,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / DRV vs URE \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n DRV vs URE: which held to its multiple?\n\n Over three months against its own daily promise, DRV finished 3.5 points over and URE 0.8 points short.\n Copy this for sharing \n \n Direxion Daily Real Estate Bear 3X ETF and ProShares Ultra Real Estate.\n\n Download as PDF \n\n +23.9% DRV returned, 3 months \n \u221214.3% URE returned, 3 months \n +3.6 pts DRV from its stated multiple \n \u22120.7 pts URE from its stated multiple \n\n ETFIQ Decay Resistance Score: URE scores higher\n Did it keep up wi","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/drv-vs-ure","a":{"ticker":"DRV","name":"Direxion Daily Real Estate Bear 3X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: DRV returned +23.9% where its own daily promise gave +20.4%, 3.5 points over.","url":"https://etfiq.com/funds/drv","key_facts":[{"label":"What IYR did","value":"\u22126.8%","as_of":"2026-09-30","source":null},{"label":"What \u22123 times a day gives","value":"+20.4%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+23.9%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+3.5 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$32m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.06%","as_of":"2026-09-30","source":"485BPOS XBRL, Feb 26, 2026"}]},"b":{"ticker":"URE","name":"ProShares Ultra Real Estate","issuer":"ProShares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: URE returned \u221214.3% where its own daily promise gave \u221213.5%, 0.8 points short.","url":"https://etfiq.com/funds/ure","key_facts":[{"label":"What IYR did","value":"\u22126.8%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221213.5%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221214.3%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22120.8 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$47m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.95%","as_of":"2026-09-30","source":"485BPOS XBRL, Sep 25, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/drv-vs-ure"}