10 Worst Leveraged ETFs of 2014 | Page 2 of 11 | ETF Trends

Direxion Daily Real Estate Bear 3x Shares (NYSEArca: DRV)

Year-to-date loss: 58.2%

Comment: With Treasury yields tumbling and investors remaining thirsty for yield, this has been an excellent year in which to be long real estate investment trusts (REITs) and REIT ETFs. That also means it has been a dreadful time to fight that trend.

DRV attempts to deliver three times the daily inverse returns of the MSCI REIT Index, the underlying benchmark for the Vanguard REIT ETF (NYSEArca: VNQ). VNQ, the largest REIT ETF, is up 26.3% and is also one of the year’s top asset-gathering ETFs.