NAIL - Direxion Daily Homebuilders & Supplies Bull 3X Shares
| Previous Close | 61.28 |
| Open | 61.50 |
| Bid | 61.30 x 900 |
| Ask | 61.29 x 800 |
| Day's Range | 61.00 - 62.13 |
| 52 Week Range | 20.41 - 62.33 |
| Volume | 42,996 |
| Avg. Volume | 40,660 |
| Net Assets | 43.6M |
| NAV | 61.01 |
| PE Ratio (TTM) | N/A |
| Yield | 0.33% |
| YTD Return | 154.13% |
| Beta (3Y Monthly) | 3.24 |
| Expense Ratio (net) | 0.99% |
| Inception Date | 2015-08-19 |
- ETF Trends
Institutional Investors Nail Down Homebuilder ETFs
A confluence of lower mortgage rates and rising affordability could give homebuilder exchange-traded funds (ETFs) the necessary fuel to propel further gains. In particular, the SPDR S&P Homebuilders ETF ...
- Zacks
8 High-Flying Leveraged ETFs YTD
We highlighted eight leveraged equity ETFs that piled up more than 70% returns in the year-to-date time frame.
- Zacks
5 Leveraged/Inverse ETFs That Gained Double Digits in August
Investors are rushing to leveraged or inverse leveraged ETFs to increase returns on quick market turns in a short span.
- ETF Trends
Low Mortgage Rates Could Shore Up Homebuilder ETFs
National home prices are beginning to taper off, but low mortgage rates could give the housing sector a boost, which could shore up homebuilder exchange-traded funds (ETFs). Home prices were higher in ...
- Benzinga
This Leveraged ETF Isn't Getting Enough Love
Recent commentary from home improvement retailers are another point in favor of the near-term thesis for NAIL. While those are consumer cyclical stocks with some tariff sensitivity, broadly speaking, the setups in that group favor NAIL. Plus, interest rates are a big assist for homebuilders when those rates are declining.
- ETF Trends
Is a Homebuilder Breakout on the Horizon?
This article was originally published on ETFTrends.com. Homebuilder exchange-traded funds (ETFs) could be on the verge of a breakout. As such, ETFs to watch moving forward include the the iShares US Home Construction ETF (ITB) and SPDR S&P Homebuilders ETF (XHB) . From a technical perspective, things are also looking on the up and up.
- ETF Trends
Caterpillar Earnings Miss Puts Homebuilder ETFs on Watch
Equipment manufacturer Caterpillar disappointed with its second-quarter earnings on Wednesday, citing the U.S.-China trade wars as the primary reason for higher costs affecting the company’s bottom line. ...
- Zacks
Will Trump Policies Spell Trouble for Homebuilding ETFs?
The Trump administration's policies of increased tariffs on steel, aluminum and Canadian lumber as well as tougher immigration rules (especially pertaining to Mexico) could hurt homebuilding ETFs.
- ETF Trends
Attitude of Millennials Towards Housing Could Influence NAIL ETF
Traders may want to keep an eye on the attitudes of millennials when it comes to owning versus renting, which could influence the Direxion Daily Homebuilders and Supplies Bull 3X Shares (NAIL) . This pushed rents up an average of 3% nationally to $1,390 per month, according to RealPage, a real estate software and analytics company. “Demand is proving especially strong in this year’s primary leasing season,” said RealPage’s chief economist, Greg Willett.
- Zacks
9 Best-Performing Leveraged ETFs of 1H19
The Wall Street logged in the strongest performance in more than a decade for the first half of the year. We have highlighted nine leveraged equity ETFs that piled up more than 60% returns in the first half.
- ETF Trends
Homebuilder Market Heats Up As Company Launches “Soft IPO”
Prior to the subprime mortgage crisis, countless would-be investors and flippers purchased millions of distressed homes, turning some of them into lucrative rentals. What was once a novelty became and movement, filled with television shows and Instagram posts, as people scrambled to become house flippers, calling themselves investors. Foreclosures, however, are now few and far between. Distressed properties, which include foreclosures and short sales, compose just 2% of home sales today, off from a high of 49% in March 2009, according to the National Association of Realtors.
- Zacks
Tough Time for Homebuilding ETFs Despite Fed's Dovishness?
Homebuilders' sentiments are wavering despite low mortgage rates. What should be your stance on housing ETFs?
- ETF Trends
Leveraged 3X Homebuilder ETF Hits the “NAIL” on the Head
Thus far this year, NAIL is up a whopping 68 percent and is looking to build more gains in the future if the housing market happens to stay immune from the trade war news. "Amid the hand wringing over whether the U.S. and China are coming closer together or further apart on a trade deal, a dark horse has emerged in sector investing that seems immune to the cyclic boom and bust of this headline-driven market--that underdog is homebuilders," a Direxion Investments post noted. NAIL seeks daily investment results equal to 300% of the daily performance of the Dow Jones U.S. Select Home Construction Index.
- Zacks
5 Leveraged/Inverse ETFs That Are Up 20% Plus So Far in Q2
Volatility and uncertainty has resulted in a strong demand for leveraged and inverse-leveraged ETFs as these could fetch outsized returns on quick market turns in a short span.
- ETF Trends
Homebuilder ETFs Capture Industry Uptrend
KB Home (KBH) was upgraded to 'outperform' from 'sector perform' at RBC Capital Markets and the firm increased its price target on the homebuilder by $5 to $30. As a result, KB Home shares rose 2.5% to $27.47 in trading Thursday. KBH is just one of the stocks that may signal a trend in improving homebuilder stocks.
- ETF Trends
Leveraged Homebuilder ‘NAIL’ ETF Has Built Large 2019 Gains
Someone forgot to tell the Direxion Daily Homebuilders and Supplies Bull and Bear 3X Shares (NAIL) ETF that trade wars are racking markets. Thus far this year, NAIL is up a whopping 93.54 percent and is looking to build more gains in the future if the housing market happens to stay immune from the trade war news. With trade wars lingering, this could put a damper on consumer confidence and in turn, affect the purchase of homes.
Yahoo FinanceIt's taking longer to sell a home in the U.S.
The number of homes for sale in the U.S. leveled off in the first quarter of 2019, a sign that the housing market is shifting.
- Zacks
5 Top-Performing Leveraged ETFs of April
All the bullish fundamentals have resulted in huge demand for leveraged ETFs as investors seek to register big gains in a short span.
- ETF Trends
Will Caterpillar Earnings Inspire Homebuilder ETFs?
Equipment manufacturer Caterpillar reported better-than-expected first-quarter earnings on Wednesday, which could inspire homebuilder exchange-traded funds (ETFs) in what’s been a challenging environment ...
- ETF Trends
Good Vibrations Ahead for Homebuilder ETFs?
It could be good vibrations ahead for homebuilder-focused exchange-traded funds (ETFs) after the National Association of Home Builders/Wells Fargo Housing Market Index rose a point during the month of ...
- Investopedia
Top 10 Performing Stock ETFs of 2019
As the first quarter of 2019 has come to a close, these 10 ETFs and ETNs have led this investment category in gains for the first three months of this year. As you can see from the list, exchange traded products tied to the price of oil were among the top performers, as crude prices surged on production cuts.
- Investopedia
Worst Performing ETFs of 2018
Although markets were strong throughout much of 2018, horrendous performance in December ended up dragging U.S. stocks into the red overall for the year. Indeed, the S&P 500 ultimately lost 4.4% for the year, marking its most significant single-year loss since the financial crisis of 2008.
- Zacks
6 Best Performing Leveraged ETFs of Q1
We have highlighted six leveraged equity ETFs that have piled up more than 50% returns in the first quarter.
- ETF Trends
Homebuilder ETFs Find Strength from Falling Treasury Yields
The 10-year benchmark Treasury yield fell on Wednesday, causing homebuilder exchange-traded funds (ETFs) to gain strength, such as the iShares US Home Construction ETF (ITB) and SPDR S&P Homebuilders ETF (XHB) . The 10-year note hit its lowest level since late 2017, causing fears of a global economic slowdown that caused the Dow Jones Industrial Average to fall as much as 200 points. Investors are honing in on the higher 3-month yield relative to the lower 10-year yield--a condition that causes an inverted yield curve--a possible signal of a forthcoming recession.
- Benzinga
This Leveraged ETF Is Nailing It
One of this year's most impressive redemption stories on Wall Street is that of the homebuilders. After plunging nearly 31 percent last year, the Dow Jones U.S. Select Home Construction Index is higher ...
