Direxion Daily Homebuilders & Supplies Bull 3X SharesNAIL
NAIL
0
Funds holding %
of 6,809 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
150% more capital invested
Capital invested by funds: $12M [Q2] → $30.1M (+$18M) [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]
1.89% more ownership
Funds ownership: 4.95% [Q2] → 6.84% (+1.89%) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for NAIL.
Financial journalist opinion
Based on 3 articles about NAIL published over the past 30 days
Negative
Seeking Alpha
2 weeks 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.
Neutral
ETF Trends
2 weeks 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.
Neutral
CNBC Television
2 weeks ago
Market Navigator: Trading lumber
Kyle Little, Sherwood lumber chief operating officer, joins 'Power Lunch' to discuss how to trade lumber.
Positive
Seeking Alpha
2 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.
Positive
Zacks Investment Research
2 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.
Positive
Seeking Alpha
2 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.
Positive
ETF Trends
3 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.
Positive
Zacks Investment Research
3 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.
Positive
Zacks Investment Research
3 months ago
Best Performing Leveraged ETFs of the Past Week
Wall Street was upbeat last week thanks mainly to Fed rate cut hopes: That has boost several leveraged ETFs.
Neutral
Zacks Investment Research
4 months ago
5 Best-Performing Leveraged ETFs of July
The month of July marked a change in investors' sentiment as the leaders of 2024 became the laggards and vice versa due to market rotation.
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