Direxion Daily Real Estate Bear 3x Shares

DRV provides 3x leveraged inverse exposure to an index that captures large cap equities of the US real estate segment.

MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETN

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares

Direxion Daily Gold Miners Index Bear 2X Shares

Direxion Daily Financial Bear 3X Shares

MicroSectors Gold Miners 3X Inverse Leveraged ETN

SPDR Gold Trust

Direxion Daily Junior Gold Miners Index Bear 2X Shares

ProShares UltraShort Financials

Direxion Daily Technology Bear 3X Shares

Wall Street was downbeat last week, with losses seen in all major indexes

5 Inverse/Leveraged ETF Areas of Last Week

ProShares Ultra Bloomberg Natural Gas

Direxion Daily CSI China Internet Index Bull 2X Shares

Direxion Daily S&P Biotech Bear 3X Shares

ETFMG Prime 2x Daily Inverse Junior Silver Miners ETF

ProShares Ultra VIX Short-Term Futures ETF

Direxion Daily FTSE China Bull 3X Shares

Top Performing Levered/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: 05/01/2022

ProShares Short Real Estate

ProShares UltraShort Utilities

ProShares UltraShort Real Estate

U.S. yields have seen a solid surge on Fed's tightening policy that will likely take a toll on rate-sensitive high-yield sectors.

Go Short on Rate-Sensitive Sectors With ETFs as Rate Rises

Every time it appears that real estate prices are hitting a ceiling, they break through. However, rising interest rates could finally be the road block the sector needs for bearish traders to capitalize.

Will Rising Rates Upend the Housing Market? One ETF to Play It

Avantis Real Estate ETF

JPMorgan BetaBuilders MSCI US REIT ETF

Cambria Global Real Estate ETF

CBL & Associates Properties

CyrusOne

CorePoint Lodging Inc

First Trust FTSE EPRA/NAREIT Developed Markets Real Estate

Farmland Partners

First Trust S&P REIT Index Fund

Goldman Sachs Future Real Estate And Infrastructure Equity ETF

Invesco KBW Premium Yield Equity REIT ETF

Gladstone Land

Nuveen Short-Term REIT ETF

Pennsylvania Real Estate Investment Trust

InfraCap REIT Preferred ETF

iShares Global REIT ETF

ALPS Active REIT ETF

Strategic Residential & Apartment Real Estate ETF

ETFB Green SRI REITs ETF

SPDR Dow Jones REIT ETF

iStar Inc

Global X SuperDividend REIT ETF

Seritage Growth Properties

After back-to-back negative return months at the start of the year, REITs began the recovery process in March with a +4.93% total return.

The State Of REITs: April 2022 Edition

American Tower

Crown Castle International

Digital Realty Trust

Direxion Daily Real Estate Bull 3x Shares

Equinix

Fidelity MSCI Real Estate ETF

Gaming and Leisure Properties

iShares Cohen & Steers REIT ETF

iShares U.S. Real Estate ETF

Nuveen Real Estate Income Fund

MGM Growth Properties

Neuberger Berman Real Estate Securities Income Fund Inc

US Diversified Real Estate ETF

Invesco Active US Real Estate

Cohen And Steers Total Return Realty Fund

Cohen & Steers Reit And Preferred Income Fund Inc

Cohen & Steers Quality Income Realty Fund

SBA Communications

Schwab U.S. REIT ETF

REITs, as measured by the VNQ, have gotten cheap along with the broader market in the selloff. REIT fundamentals, however, look quite strong. The cheap prices in combination with the fundamental growth make this a great entry point into REITs.

A Great Time To Invest In REITs

JPMorgan BetaBuilders Developed Asia EX-Japan ETF

iShares Global Green Bond ETF

IQ Real Return ETF

Direxion Daily Financial Bull 3x Shares

SPDR MSCI ACWI Shs

Direxion Russell 1000 Growth Over Value ETF

Direxion Russell 1000 Value Over Growth ETF

Global events seem to have put a damper on the U.S. ETF industry.

ETF Odds & Ends: Quiet Yet Eventful Week

Direxion had a number of index changes that will be effective on or about April 22nd, 2022. They are: Direxion Daily MSCI Real Estate Bull 3X Shares (DRV) Fund name changed to the Direxion Daily Real Estate Bull 3X Shares Index changed from the MSCI US IMI Real Estate 25/50 Index to the Real Estate Select Sector [.

Direxion Makes Index, Expense Ratio Changes

Is the air finally coming out of ballooning real estate values? If trading activity in the Direxion Daily MSCI Real Estate Bear 3X ETF (DRV) is any indication, then values could be coming back down to earth.

Real Estate Bear ETF Is up Over 30% YTD

Ashford Hospitality Trust

Ashford

Bluerock Residential Growth REIT

Blackstone Group

Condor Hospitality Trust

Diversified Healthcare Trust

Gladstone Commercial

InnSuites Hospitality Trust

Industrial Logistics Properties

Office Properties Income Trust

RMR Group

2021 was a very strong year for REITs, which had positive total returns in 10 out of the 12 months, including December's +8.73% average return. Large cap (+49.35%) and small cap REITs (+47.34%) surged in 2021, while micro caps (+22.36%) significantly underperformed.

The State Of REITs: January 2022 Edition

Seven Hills Realty Trust

Pacer Funds Trust-Pacer Benchmark Data & Infrastructure Real Estate Sector ETF

ProShares Ultra Real Estate

iShares Core U.S. REIT ETF

Vanguard Real Estate ETF

Virtus Real Asset Income ETF

In the January 2022 REIT Outlook, we assess 2021's historical calendar year total return as compared to our initial 2021 forecast, as well as provide our 2022 forecast. We were too conservative on our growth and multiple assumptions for 2021, though our bullish top end of the forecast at +19% was the highest we observed among our peers. For 2022, we expect total returns to be positive, though muted compared to 2021.

2022 Chilton REIT Forecast

Brunswick

Cavco Industries

Camping World Hlds

Equity LifeStyle Properties

MarineMax

LCI Industries

Malibu Boats

MCBC Hlds

Patrick Industries

Manufactured Housing REITs - the best-performing property sector of the past decade – continued their stellar performance in 2021, riding favorable fundamentals of robust rent growth and limited housing supply. MH REITs edged out the REIT Index on the final day of 2021 to push their remarkable streak of outperformance to nine years, the longest of the Modern REIT Era.

Manufactured Housing REITs: Don't Mess With The Best

Airbnb

Apple Hospitality REIT

Choice Hotels Int.

Hyatt Hotels

Hilton Worldwide Holdings

Host Hotels & Resorts

Marriott

Pebblebrook Hotel Trust

Park Hotels & Resorts

It's been a 'Tale of Two Americas' of late for the hotel industry. Several markets and categories continue to report severely depressed demand while others are seeing record-high occupancy rates.

Hotel REITs: Unfazed By Omicron

Charter Communications

Comcast

DigitalBridge Group

DISH Network

Cell Tower REITs have been one of the primary 'growth engines' of the REIT sector, but are poised to snap their six-year streak of outperformance over the REIT Index this year. The recent slump began around mid-year as several risk factors emerged including potential competition from Low-Earth-Orbit satellite networks and delays in 5G deployment over airline interference concerns.

Cell Tower REITs: Living On The Edge

American Fin Tr Inc - Ordinary Shares - Class A

Preferred Apartment Communities

BrightSpire Capital

BRT Apartments

New Residential Investment

U.S. equity markets rebounded to fresh record-highs heading into the Christmas holiday after governments in the U.S. and U.K. showed restraint in instituting more severe economic restrictions amid the recent COVID reacceleration. Bouncing back from an Omicron-driven sell-off and ending the week at fresh record highs, the S&P 500 rallied 2.3% on the week while Mid-Caps and Small-Caps each gained nearly 3%.

The Gift That Keeps On Giving

Agree Realty

American Fin Tr Inc - 7.50% PRF PERPETUAL USD 25 - Ser A

EPR Properties

Four Corners Property Trust

Global Net Lease

Getty Realty

National Retail Properties

Realty Income Corp

One Liberty Properties

Alpine Income Property Trust

Despite a wave of dividend hikes and robust external growth, net lease REITs have been among the weakest-performing property sectors this year amid concerns over soaring inflation and rising interest rates. Despite their reputation as bond substitutes, net lease REITs have historically delivered above-average earnings growth as accretive external growth has more than offset the drag from muted property-level growth.

Net Lease REITs: Analyzing Inflation Risk

CoreCivic

GEO Group

Farewell - or perhaps good riddance - to the Prison REIT sector. GEO Group announced last week that it's joining CoreCivic in abandoning the REIT structure, concluding a tumultuous 8-year run as REITs. Prison REITs were the worst-performing property sector since their REIT conversions in 2013 and consistently ranked at the bottom across performance metrics - particularly after their once-lucrative dividends were eliminated.

Prison REITs: The Verdict Is In

AFC Gamma

Angel Oak Mortgage

Boston Properties

CubeSmart

InvenTrust Properties Corp

Kimco Realty

Kite Realty Group

Phillips Edison & Co Inc

In our "State of the REIT Sector" report, we analyze recently-released NAREIT T-Tracker data to review high-level REIT fundamentals over the past quarter through a series of charts. REITs are no longer cheap, but premium valuations have revived the "animal spirits" and sparked a much-needed wave of M&A and IPO activity which has facilitated accretive external growth.

REITs Are No Longer Cheap

Americold Realty

EastGroup Properties

Equity Commonwealth

Prologis

Rexford Industrial Realty

Out of Stock: The red-hot industrial property market - "ground zero" of supply-chain shortages - continues to ride a historic demand-supply imbalance as businesses scramble to build out supply resiliency. Industrial REITs - which recorded the strongest dividend and FFO growth of any real estate sector in 2020 - continue to thrive amid "extreme competition" for logistics and distribution space.

Industrial REITs: Empty Shelves, Ample Opportunity

CatchMark Timber Trust

Extra Space Storage

Global X Data Center REITs & Digital Infrastructure ETF

REITs have achieved positive returns in 9 of the first 10 months of 2021, including a +4.25% average return in October. Large cap (+7.60%) and Mid cap REITs (+4.88%) surged in October while micro caps (-1.35%) badly underperformed.

The State Of REITs: November 2021 Edition

Cyxtera Technologies

Iron Mountain

Landmark Infrastructure Partners

The Data Center REIT sector has been substantially and rapidly transformed as the three largest data center portfolio acquisitions in history have been announced in just the past several months. We predicted an impending M&A boom but expected Digital Realty and Equinix to scoop up their smaller peers. Instead, CyrusOne and QTS have been taken private while American Tower acquired CoreSite.

Data Center REITs: Merger Madness

AvalonBay Communities

Centerspace REIT

Equity Residential

Essex Property Trust

Independence Realty Trust

Mid-America Apartment Communities

NexPoint Residential Trust

Renters across the nation should prepare for a rude surprise. Residential rents continue to soar at the fastest pace on record with double-digit percentage increases on both new leases and renewals. Riding this rental growth surge, Apartment REITs - which lagged early in the pandemic - have soared more than 50% this year with widespread strength across both Sunbelt-focused and Coastal-focused REITs.

Apartment REITs: Shelter From Soaring Inflation

China's Evergrande crisis exposed cracks in the country's real estate sector, and this could have a domino effect on other countries around the globe, including the U.S. — or could it? The U.S. is all too familiar with a real estate crisis, as overinflated housing values coupled with risky, poorly-underwritten mortgages helped cause the financial crisis [.

Will China's Real Estate Woes Cause Bearishness in the U.S.?

Cherry Hill Mortgage

Chimera Investment

Camden Property

Ellington Financial

U.S. equity markets advanced for the fifth-straight week as encouraging employment data, dovish Federal Reserve commentary, and surprising election results powered the major averages to fresh record highs. Closing the week on a seven-day winning streak, the S&P 500 gained 2.0% this week, while the Mid-Cap 400 rallied 4.0% and the Small-Cap 600 surged nearly 7%.

REITs Rally Amid Reopening Rotation

News for Direxion Daily Real Estate Bear 3x Shares ETF (DRV)