Direxion Daily Homebuilders & Supplies Bull 3X Shares
Ticker
NAIL
ISIN
US25490K596
Price
USD 111.65
Change Today
-5.68 / -4.841 %
Price 1 year ago
86.90 / 28.484 %
Morningstar
-
52 Week Low
83.21
52 Week High
175.93
200 Day Moving Average 128.96
128.96
50-day Moving Average
141.67
Price evolution
Yearly returns
Peers comparison
Risk factors
1 year
| Parameter | Value |
|---|---|
| Sharpe Ratio | -0.54 |
| Sortino Ratio | -0.33 |
| Maximum Drawdown | -13.44% |
| Maximum Drawdown Date | 2024-01-04 |
| Calmar Ratio | 9.23 |
1 year
| Parameter | Value |
|---|---|
| Return | -2.61 |
| Volatility | 14.325% |
| Alpha | +25.90 |
| Beta | None |
| R Squared | +55.89 |
History
| Parameter | Value |
|---|---|
| Average Annual Return | 52.622% |
| Average Annual Volatility | 88.976% |
| Sharpe Ratio | 0.59 |
| Sortino Ratio | 0.75 |
| Maximum Drawdown | -94.0% |
| Maximum Drawdown Date | 2020-03-23 |
| Calmar Ratio | -0.58 |
Company information
Summary
The investment seeks daily investment results of 300% of the daily performance of the Dow Jones U.S. Select Home Construction Index. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index measures U.S. companies in the home construction sector that provide a wide range of products and services related to homebuilding, including home construction and producers, sellers and suppliers of building materials, furnishings and fixtures and etc. It is non-diversified.
Market
US
Category
Trading--Leveraged Equity
Expense Ratio
0.96%
Fund family
Direxion Funds
Morningstar
-
Yield
-
Exchange
PCX
| Sector | Weight |
|---|---|
| Consumer cyclical | 48.46% |
| Industrials | 13.43% |
| Basic materials | 3.96% |
| Realestate | 0.00% |
| Consumer defensive | 0.00% |
| Technology | 0.00% |
| Communication services | 0.00% |
| Financial services | 0.00% |
| Utilities | 0.00% |
| Energy | 0.00% |
| Healthcare | 0.00% |
| Country | Ratio |
|---|---|
| United States | 100.00 |
| Argentina | 0.00 |
| Australia | 0.00 |
| Austria | 0.00 |
| Belgium | 0.00 |
| Brazil | 0.00 |
| Canada | 0.00 |
| Chile | 0.00 |
| China | 0.00 |
| Colombia | 0.00 |
Holdings
| Symbol | Name | Allocation |
|---|---|---|
| Dow Jones U.S. Select Home Builders Index Swap | 21.34% | |
| DAPXX | Dreyfus Government Secs Cash Mgmt Admin | 19.97% |
| DHI | D.R. Horton Inc | 8.8% |
| LEN | Lennar Corp | 8.13% |
| NVR | NVR Inc | 5.05% |
| FTIXX | Goldman Sachs FS Treasury Intms Instl | 4.44% |
| PHM | PulteGroup Inc | 4.29% |
| HD | The Home Depot Inc | 2.89% |
| LOW | Lowe's Companies Inc | 2.83% |
| SHW | Sherwin-Williams Co | 2.74% |
Alternative funds
| Ticker | Name | Isin | Exchange | Expenses | Morningstar | Alpha | Beta |
|---|---|---|---|---|---|---|---|
| RUSL | Direxion Daily Russia Bull 2X Shares | US25460E828 | PCX | 1.26% | 3 | +0.50 |
Sustainability scores
Events
Indicators
Glossary
- Momentum
- A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend.
- Inertia
- In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend.
- Relative Strength Index (RSI)
- A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction.
- Fibonacci's Weighted Moving Average
- A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend.
- Williams %R
- A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce.
- Relative Volatility Index (RVI)
- A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk.
- Commodity Channel Index (CCI)
- A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.