NAIL icon

Direxion Daily Homebuilders & Supplies Bull 3X Shares

97.82 USD
-0.17
0.17%
At close Jan 21, 4:00 PM EST
Pre-market
98.00
+0.18
0.18%
1 day
-0.17%
5 days
13.89%
1 month
12.09%
3 months
-38.10%
6 months
-28.14%
Year to date
20.74%
1 year
-16.39%
5 years
15.61%
10 years
145.72%
0
Funds holding %
of 6,823 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

350% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 2

200% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 4

152% more capital invested

Capital invested by funds: $12.1M [Q2] → $30.5M (+$18.4M) [Q3]

45% more call options, than puts

Call options by funds: $46.5M | Put options by funds: $32.1M

44% more funds holding

Funds holding: 18 [Q2] → 26 (+8) [Q3]

1.96% more ownership

Funds ownership: 4.97% [Q2] → 6.93% (+1.96%) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for NAIL.

Financial journalist opinion

Positive
Zacks Investment Research
17 hours ago
5 Best-Performing Leveraged ETFs at the Start of 2025
We highlight a bunch of the best-performing leveraged equity ETFs at the start of 2025.
5 Best-Performing Leveraged ETFs at the Start of 2025
Neutral
Benzinga
4 weeks ago
Investors Following Housing Sentiment May Consider Direxion's NAIL ETF
Following the COVID-19 pandemic, active listings for single-family homes fell conspicuously due to public health concerns and mandated stay-in-place orders. Naturally, this framework sparked a demand bottleneck, cynically benefiting homebuilders as society gradually normalized.
Investors Following Housing Sentiment May Consider Direxion's NAIL ETF
Negative
Seeking Alpha
1 month ago
NAIL: Not For Me Given Volatility In Homebuilders
Homebuilder stocks are thriving post-Covid; consider Direxion Daily Homebuilders & Supplies Bull 3X Shares ETF for leveraged exposure to the U.S. home construction market. NAIL aims for 300% daily returns of the Dow Jones U.S. Select Home Construction Index, but its 0.97% expense ratio and daily leverage reset pose risks. NAIL offers significant gains in a hot housing market, but underperforms in volatile or flat markets due to leverage decay.
NAIL: Not For Me Given Volatility In Homebuilders
Neutral
ETF Trends
1 month ago
Top Performing Leveraged/Inverse ETFs: 12/01/2024
Top Performing Levered/Inverse ETFs Last Week These were last week's top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
Top Performing Leveraged/Inverse ETFs: 12/01/2024
Neutral
CNBC Television
1 month ago
Market Navigator: Trading lumber
Kyle Little, Sherwood lumber chief operating officer, joins 'Power Lunch' to discuss how to trade lumber.
Market Navigator: Trading lumber
Positive
Seeking Alpha
3 months ago
NAIL: Top 10 Holdings Remain Attractively Valued Relative To The S&P 500
The Direxion Daily Homebuilders & Supplies Bull 3X Shares ETF seeks to deliver 300% (3x) of the return of an index tracking US stocks exposed to the homebuilding sector. NAIL has outperformed the SPY in 2024 and over the past five years but has also seen significant near-term draw-downs. The forward P/E multiple of the index's top ten holdings has increased since July 2024 but remains attractive relative to the SPY.
NAIL: Top 10 Holdings Remain Attractively Valued Relative To The S&P 500
Positive
Zacks Investment Research
3 months ago
5 Best Leveraged ETFs of the Third Quarter
We have highlighted a bunch of the best-performing leveraged equity ETFs that have gained 50% or more in the third quarter.
5 Best Leveraged ETFs of the Third Quarter
Positive
Seeking Alpha
3 months ago
Canadian REITs: Higher Yield Up North
For income-focused investors willing to venture outside the United States, Canadian REITs offer appealing qualities as a potential portfolio diversifier alongside their larger and more established U.S. peers. Canadian REITs, on average, offer higher monthly dividend yields and trade at lower P/FFO multiples compared to their U.S. counterparts, but typically have weaker balance sheets with higher debt ratios. In this report, we take a quick look at 30 Canadian REITs and break down the industry on a sector-by-sector level. We also take a deep dive into H&R REIT.
Canadian REITs: Higher Yield Up North
Positive
ETF Trends
4 months ago
As Rate Cuts Loom, This Homebuilder ETF Is Up Almost 50%
Looming rate cuts has been pushing the Direxion Daily Homebuilders and Supplies Bull 3X Shares (NAIL) ETF higher. The fund has been on an upward trajectory since mid-July.
As Rate Cuts Loom, This Homebuilder ETF Is Up Almost 50%
Positive
Zacks Investment Research
4 months ago
Here's How to Go Long on Rate-Sensitive Sectors With ETFs
Investors could make a short-term bullish play on the rate-sensitive sectors as these spaces are likely to see huge gains in the wake of rate cuts.
Here's How to Go Long on Rate-Sensitive Sectors With ETFs
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