Direxion Daily Real Estate Bull 3X ETF (DRN)
Direxion Daily Real Estate Bull 3X Shares (NYSEARCA:DRN) Short Interest Up 21.8% in January
Direxion Daily Real Estate Bull 3X Shares (NYSEARCA:DRN - Get Free Report) saw a significant growth in short interest in January. As of January 30th, there was short interest totaling 433,172 shares, a growth of 21.8% from the January 15th total of 355,686 shares. Based on an average daily volume of 591,289 shares, the short-interest
Real Estate Rebound? The 3X Play for Investors Betting on a Commercial Property Pivot
REITs are very rate sensitive. The Direxion Real Estate Bull 3X ETF aims to deliver 300% of the daily return of the REIT index it follows.
These 2 ETFs Could Provide a Happy Home for Bullish Traders
High mortgage rates and slow demand have been putting a lid on a homebuilder rebound the past year, but there are early signs of a rally. Under the pressure of public calls to ease monetary policy, a capitulating Fed could give the industry a push, which opens trading possibilities in a couple of leveraged ETFs.
Will the Sun Shine on Homebuilders This Summer?
Some initial June gloom might give way to sunshine for homebuilders for the rest of the summer (or not). While nobody has a crystal ball to accurately determine what will happen, the homebuilding sector will be an interesting watch this summer.
Top Performing Leveraged/Inverse ETFs: 04/20/2025
Top Performing Leveraged/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.
Real Estate Traders Should Proceed With Cautious Optimism
The economy continues to hum along with a relatively healthy jobs report. That should keep real estate traders appeased given the correlation with low unemployment and housing demand, but cautious optimism is warranted.
2 ETFs to Navigate Uncertainty in the Real Estate Market
Persistent inflation could keep the Federal Reserve from cutting rates further, which could hamper the real estate industry. With uncertainty abounding, it's helpful to have a pair of ETFs that address both the bearish and bullish scenarios.
DRN: An ETF To Own During Fed Policy Normalization
The Direxion Daily Real Estate Bull 3X Shares ETF seeks to deliver 300% of the return of the IXRE index which is heavily tilted to large-capitalization US REITs. I expect underlying IXRE constituents to deliver a high-single-digit total return over the next few years, driven predominantly by current cash flows but also some valuation gains. The leverage employed by the DRN should translate these gains into a low-double-digit return for investors after fees.
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.
As Rates Fall, This Real Estate ETF Is Up Over 30%
In a six-month span, the Direxion Daily Real Estate Bull 3X Shares (DRN) is up over 30% and could see more upside ahead as interest rates start to decline. The residential real estate market could soon pick up as interest rates are starting to head downward.
Apartment REITs: A Renter's Market
Apartment REITs were among the weakest-performing property sectors for a second-straight year in 2023 - lagging even the battered office sector - despite delivering another year of mid-single-digit earnings growth. Following two years of record-setting rent growth, residential rents decelerated in 2023 alongside a broader cooling of inflationary pressures, with multifamily rents seeing a particularly sharp cooldown amid supply headwinds. The wave of pandemic-era development - started at a time when rents were rising double-digits - resulted in a record year of new deliveries in 2023 with similarly elevated supply levels.
Commercial Real Estate Could Bring Out More Bears
Higher interest rates aren't just a thorn in the side of prospective residential real estate buyers and owners. Additionally, commercial real estate is feeling the pangs of a high-rate environment.
Cell Tower REITs: Toxic Telecom?
Cell Tower REITs have been the weakest-performing property sector since the start of 2022 - lagging even the battered office sector - amid a telecommunications industry-wide slump inflamed by tight monetary conditions. Cellular carriers have curbed their capital-intensive network expansion plans in recent quarters following a significant wave of investment and tower equipment upgrades from 2019-2022 to deploy nationwide 5G networks. The latest selloff was intensified by an expose alleging that century-old abandoned phone lines owned by AT&T and Verizon are leaching toxic lead into drinking water, potentially requiring costly remediation.
DRN: Portfolio Composition Of This 3X Leveraged Fund Fails To Generate Optimism
DRN suffered 53.5 percent price loss during the past one year. In the absence of any significant yield, its total return was equally pathetic at -52.5 percent. Most REITs included in DRN's portfolio have neither performed during the past one year nor have the potential to generate positive returns in the near future. DRN failed to generate any positive return during 2023, too, and this 3x leveraged fund doesn't seem to be the exposure that investors are looking for.
DRN Investors Need To Watch For A China Gut-Shot
One of the reasons why inflation is so under control is that China has been lying dormant. Their impact on global commodity prices is one of the highest, and their reopening efforts could affect headline inflation figures and consumer expectations of inflation.
DRN Might Be A Little Too Aggressive
We like REITs and real estate, but asset values are falling and shares of REITs are volatile. DRN gives you 3x leverage on a nice portfolio of specialty REITs.
DRN: Economic Scenario Unfavorable For Leveraged Bull Diversified REIT ETFs
DRN's underlying index performed poorly, and due to the fund's 3X investment in derivatives of the component stocks, the loss got compounded - the usual story. Around 3/4th of the index's investments recorded loss over the past 1 year, and within that almost 20 percent had high negative growth.
Positive Housing Starts Could Propel This Real Estate ETF
Housing starts were better than expected during the month of March, raising the prospect that the real estate sector may not be hurting amid rising interest rates. “US housing starts unexpectedly rose in March to a seasonally adjusted annual rate of 1.79 million units, the Commerce Department announced Tuesday morning,” a Business Insider article says.
2022 Could Bring More Growth for Homebuilders, Says Credit Agency
As real estate prices continue to climb, homebuilders could continue to see growth in 2022 if the sector can overcome forthcoming headwinds. Credit agency firm Fitch Ratings notes that the homebuilding sector could see modest demand and revenue growth, but inflation could also be a factor.
Looking for Access to the Ultra-Hot Real Estate Market?
Home prices reached a zenith during the month of June, which should open up opportunities for traders using the Direxion Daily MSCI Real Estate Bull 3X ETF (DRN). In the meantime, summer typically marks a spike in real estate activity.