Investing Opinion

Real Estate Funds Break Out, Led by Direxion

Stock quotes in this article:KIM, VNO, TJX 

The only real estate funds on the worst-performing list this week are the iShares FTSE EPRA/NAREIT Developed Asia Index Fund(IFAS), slipping 0.6%, and Claymore/AlphaShares China Real Estate ETF(TAO), down 0.1%.

Worst-Performing Real Estate Funds for the Week Ending Sept. 17
Fund (Ticker) Rating
Fund Type
1 Week Total Return
Direxion Daily Real Estate Bear 3x Shares (DRV) U
ETF
-22.33%
ProShares UltraShort Real Estate (SRS) E-
ETF
-14.73%
ProFunds Short Real Estate ProFund (SRPIX) E-
Open-End
-7.55%
iShares FTSE EPRA/NAREIT Developed Asia Index Fund (IFAS) B-
ETF
-0.63%
Claymore/AlphaShares China Real Estate ETF (TAO) B+
ETF
-0.10%
Henderson Global Real Estate Equities Fund (HGPIX) U
Open-End
0.00%
iShares FTSE EPRA/NAREIT Developed Real Estate ex-US Index Fund (IFGL) C+
ETF
0.16%
iShares S&P Developed ex-U.S. Property Index Fund (WPS) C+
ETF
0.39%
ING Asia-Pacific Real Estate Fund (IAPAX) U
Open-End
0.68%
Forward International Real Estate Fund (KIRBX) E-
Open-End
0.71%
Source: Bloomberg & TheStreet.com Ratings

For more information, check out an explanation of our ratings.

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Kevin Baker became the senior financial analyst for TSC Ratings upon the August 2006 acquisition of Weiss Ratings by TheStreet.com, covering mutual funds. He joined the Weiss Group in 1997 as a banking and brokerage analyst. In 1999, he created the Weiss Group's first ratings to gauge the level of risk in U.S. equities. Baker received a B.S. degree in management from Rensselaer Polytechnic Institute and an M.B.A. with a finance specialization from Nova Southeastern University.

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