Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL)
| Assets | $280.11M |
| Expense Ratio | 0.95% |
| PE Ratio | 12.41 |
| Shares Out | 4.30M |
| Dividend (ttm) | $0.53 |
| Dividend Yield | 0.78% |
| Ex-Dividend Date | Dec 23, 2024 |
| Payout Ratio | 9.65% |
| 1-Year Return | -52.95% |
| Volume | 376,275 |
| Open | 65.02 |
| Previous Close | 62.51 |
| Day's Range | 64.05 - 68.15 |
| 52-Week Low | 58.87 |
| 52-Week High | 178.00 |
| Beta | 4.65 |
| Holdings | 57 |
| Inception Date | Aug 19, 2015 |
About NAIL
Fund Home PageThe Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) is an exchange-traded fund that is based on the DJ US Select / Home Construction index. The fund provides 3x daily leveraged bullish exposure to an index composed of US companies within the home construction sector. NAIL was launched on Aug 19, 2015 and is issued by Direxion.
Top 10 Holdings
301.08% of assets| Name | Symbol | Weight |
|---|---|---|
| DOW JONES U.S. SELECT HOME BUILDERS INDEX SWAP | n/a | 88.72% |
| DOW JONES U.S. SELECT HOME BUILDERS INDEX SWAP | n/a | 67.59% |
| GOLDMAN FINL SQ TRSRY INST 506 | n/a | 32.77% |
| DOW JONES U.S. SELECT HOME BUILDERS INDEX SWAP | n/a | 32.01% |
| DOW JONES U.S. SELECT HOME BUILDERS INDEX SWAP | n/a | 30.01% |
| DREYFUS GOVT CASH MAN INS | n/a | 14.15% |
| DOW JONES U.S. SELECT HOME BUILDERS INDEX SWAP | n/a | 13.36% |
| D.R. Horton, Inc. | DHI | 9.67% |
| Lennar Corporation | LEN | 7.12% |
| NVR, Inc. | NVR | 5.68% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2024 | $0.05617 | Dec 31, 2024 |
| Sep 24, 2024 | $0.26302 | Oct 1, 2024 |
| Jun 25, 2024 | $0.04168 | Jul 2, 2024 |
| Mar 19, 2024 | $0.16803 | Mar 26, 2024 |
| Dec 21, 2023 | $0.03632 | Dec 29, 2023 |
| Sep 19, 2023 | $0.0362 | Sep 26, 2023 |
News
NAIL: Not All Doom And Gloom For Homebuilders Even If Recession Strikes
The Direxion Daily Homebuilders & Supplies Bull 3X Shares ETF seeks to deliver 300% (3x) of the return of U.S. stocks exposed to the home construction sector. NAIL holdings trade at only 11.7x trailin...
REIT Slope Adjustment Has Overshadowed Future Value Gains
Despite recent price declines, REITs' future value has increased due to higher rental rates, increased property values, and reduced competing supply. Higher market demanded returns have steepened the ...
Falling Homebuilder Confidence Could Sway These ETFs
Tariffs and a pause on rate cuts isn't doing any favors for homebuilder confidence. The National Association of Home Builders (NAHB) repeated the falling sentiment in the sector.
How To Find The Best Style ETFs For Q1 2025
The sheer number of ETFs, especially within the same style, complicates investor choices due to vastly different portfolios and risk profiles. Manually analyzing each ETF is impractical; investors ris...
Not All 2% Spreads Are Created Equal
Real estate investment spreads are healthier today with higher cap rates and cost of capital, enhancing long-term returns despite similar nominal spreads. Higher cap rates lead to more accretive organ...
Homebuilder association asks Trump to exempt building materials from tariffs
CNBC's Diana Olick reports on how tariffs could be impacting the housing market.
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 ...
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 ret...
Market Navigator: Trading lumber
Kyle Little, Sherwood lumber chief operating officer, joins 'Power Lunch' to discuss how to trade lumber.
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 ...
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...
NAIL May Come In Handy In The Trader's Toolbox
Direxion Daily Homebuilders & Supplies Bull 3X Shares ETF has substantially underperformed the SPY ETF in 2024. The ETF is heavily concentrated, with the top 10 positions accounting for 66.2% of net a...
Lumber prices are at record lows — what that means for buyers and homebuilders
Lumber prices have come full circle in the years following the pandemic — reaching record highs in 2021, then falling to record lows as higher interest rates led to a drop in U.S. residential construc...
Possible Monetary Policy Pivot Allows For Speculation In Direxion's 3X Homebuilders ETF (NAIL)
At first glance, circumstances may not appear particularly auspicious for the benchmark Dow Jones U.S. Select Home Construction Index. After starting the first quarter of 2024 on a strong note, the in...
NAIL: Unlikely To Be More Good News
Direxion Daily Homebuilders & Supplies Bull 3X Shares ETF is a leveraged fund that covers major US homebuilders.
NAIL: Lower Interest Rates Create An Opportunity
Direxion Daily Homebuilders & Supplies Bull 3X Shares ETF experienced significant gains in 2023 as rates moved lower and sentiment for new home construction improved. Home buying slowed in 2023 as int...
NAIL - Homebuilders Are In A Strong Uptrend (Technical And Intermarket Analysis)
NAIL is ranked as the top ETF in the class of equity leveraged funds by Seeking Alpha Quant. The recent decline in mortgage rates has improved earnings expectations for homebuilding stocks. The curren...
Breakouts Everywhere As Buffett Moves To Record High $157 Billion Cash
Warren Buffett's Berkshire Hathaway has reached record-high levels of cash, with $157 billion on hand, exceeding Disney's market capitalization. The last time Buffett held record cash levels was in la...
Nailing Profits With NAIL If Interest Rates Stabilize Or Decline
The Dow Jones U.S. Select Home Construction Index experienced significant volatility due to the global pandemic and government stimulus programs. Rising interest rates have made it more difficult for ...
Lumber prices defy the most recent surge in mortgage rates to extend 3-day rally to 10%
Lumber prices staged a 3-day rally of 10% despite continued headwinds in the housing market. The average 30-year mortgage rate closed in on 6% this week, hitting its highest level since 2008.
The Effect Of Technical Analysis On ETF Investing
I explain the methodology for choosing which ETFs to invest in, using a combination of technical and fundamental analysis to identify the best sectors and trends. I suggest that ETFs are not less than...
July Breakout ETF/ETNs Week 29 - 2023: Strongest Momentum Gainers For Next Week
This article highlights current and future ETF/ETN breakouts for Week 29 using the MDA momentum cycle model. Following the positive Momentum Gauge signal on June 1st, leading funds include NAIL +67.1%...
Lumber prices jump after US housing starts unexpectedly soar more than 20% in May
Lumber prices jumped on Tuesday after US housing starts surged by the most in three decades. Housing starts soared 21.7% in May to 1.63 million units, which was well ahead of economist estimates.
RIP, Lumber-Futures Contract That Jumped During Covid-19
The longtime barometer of wood prices and building activity is being replaced with a new lumber-futures contract in an effort to boost trading.