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While the housing segment has struggled, some small green shoots are emerging. Mortgage rates remain elevated near the mid- to high-6% range, keeping many buyers on the sidelines.
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.
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.
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.
Direxion Daily Homebuilders & Supplies Bull 3X Shares ETF is a leveraged ETF best suited for short-term trading, not long-term investing, due to its volatility and time decay risks. Current high interest rates and mortgage rates are suppressing new home demand, but pent-up demand could trigger a surge if rates fall. The Trump administration's push for lower rates and new economic policies may eventually lead to a more favorable environment for homebuilders.
Not only are rising interest rates blowing headwinds towards homebuilders, they're facing rising costs. However, it's not all doom and gloom, as rate cuts could change the landscape in favor of homebuilders.
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 trailing earnings, with analysts projecting low-double-digit gains for the ETF's largest positions. The February 2025 jobs report points to a weakening U.S. economy, with real-time GDP trackers moving lower as well.
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 slope, causing REIT prices to drop despite improved fundamentals and future value. The price drop is driven by higher expected returns, not impaired future value, making current REIT valuations a buying opportunity.
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.
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 risk insufficient analysis and missed opportunities due to the extensive number of holdings. EA Series Euclidean Fundamental Value ETF ranks as the top overall style ETF, while iShares Morningstar Mid-Cap Growth ranks last among the best.