Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL)
| Assets | $370.72M |
| Expense Ratio | 0.97% |
| PE Ratio | 26.39 |
| Shares Out | 2.50M |
| Dividend (ttm) | $0.51 |
| Dividend Yield | 0.35% |
| Ex-Dividend Date | Sep 24, 2024 |
| Payout Ratio | 9.08% |
| 1-Year Return | +88.51% |
| Volume | 84,334 |
| Open | 148.45 |
| Previous Close | 146.49 |
| Day's Range | 143.27 - 148.45 |
| 52-Week Low | 76.00 |
| 52-Week High | 178.00 |
| Beta | 4.45 |
| Holdings | 53 |
| 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
306.47% of assets| Name | Symbol | Weight |
|---|---|---|
| DOW JONES U.S. SELECT HOME BUILDERS INDEX SWAP | n/a | 69.50% |
| DOW JONES U.S. SELECT HOME BUILDERS INDEX SWAP | n/a | 64.87% |
| DOW JONES U.S. SELECT HOME BUILDERS INDEX SWAP | n/a | 57.80% |
| DOW JONES U.S. SELECT HOME BUILDERS INDEX SWAP | n/a | 38.14% |
| GOLDMAN FINL SQ TRSRY INST 506 | n/a | 20.54% |
| DREYFUS GOVT CASH MAN INS | n/a | 19.79% |
| DOW JONES U.S. SELECT HOME BUILDERS INDEX SWAP | n/a | 17.18% |
| D.R. Horton, Inc. | DHI | 7.03% |
| Lennar Corporation | LEN | 5.98% |
| GOLDMAN SACHS FIN GOV 465 INSTITUT | n/a | 5.63% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 24, 2024 | $0.263 | Oct 1, 2024 |
| Jun 25, 2024 | $0.042 | Jul 2, 2024 |
| Mar 19, 2024 | $0.168 | Mar 26, 2024 |
| Dec 21, 2023 | $0.036 | Dec 29, 2023 |
| Sep 19, 2023 | $0.036 | Sep 26, 2023 |
| Jun 21, 2023 | $0.013 | Jun 28, 2023 |
News
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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 ...
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NAIL May Come In Handy In The Trader's Toolbox
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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)
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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.
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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.
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Long-term lumber demand looks to benefit from U.S. ‘population demographics'
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Lumber falls 21% in 8-day losing streak, but analysts see a bottom forming for the key building commodity
"If the homebuilders' January momentum proves sustainable
NAIL ETF: Capturing The New Found Enthusiasm For The Homebuilders
The homebuilders jumped after Powell's dovish Fed meeting. NAIL, a 3x leveraged ETF, could be an effective short-term trade on the sector over the next month, as inventory remains limited but better a...
Lumber soars 13% as the housing market shows signs of a rebound for the first time in a year
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Lumber prices are up 14% in 2023 after tanking last year, and a lack of supply could fuel another surge ahead of key homebuilding season
A further rise in lumber prices would be a positive for producers, but not so much for consumers who are still reeling from high levels of inflation.