This difference may result in divergence of ETF total return and benchmark return. Sustainability Characteristics should not be considered solely or in isolation, but instead are one type of information that investors may wish to consider when assessing a fund. The Hypothetical Growth of $10,000 chart reflects a hypothetical $10,000 investment and assumes reinvestment of dividends and capital gains. FTSE is a trademark of London Stock Exchange Group companies and is used by FTSE under license. Prior to August 10, 2020, market price returns for BlackRock and iShares ETFs were calculated using the midpoint price and accounted for distributions from the fund. Click on an ETF ticker or name to go to its detail page, for in-depth news, financial data and graphs. Markets Video . Since buying timberland isn't the most practical approach for most investors, there are other options to play the lumber price surge. Like most of the other commodities, the exorbitantly higher prices can't continue in the lumber market. CALL US TODAY: 650-948-1089. Past performance does not guarantee future results. Bear 3x ETF, MicroSectors FANG & Innovation Bear 3x ETN, MicroSectors FANG & Innovation Bull 3x ETN, MicroSectors Oil & Gas Exploration Bear 3x ETN, MicroSectors Oil & Gas Exploration Bull 3x ETN, ProShares UltraPro 20+ Year Treasury Bear 3x ETF, ProShares UltraPro Nasdaq-100 Bull 3x ETF, ProShares UltraPro Nasdaq-100 Bear 3x ETF, ProShares UltraPro S&P Midcap 400 Bull 3x ETF, ProShares UltraPro S&P Midcap 400 Bear 3x ETF, ProShares UltraPro Russell 2000 Bull 3x ETF, ProShares UltraPro Russell 2000 Bear 3x ETF. All ETFs (Exchange Traded Funds) | WisdomTree Updated December 05, 2022. SPY (opens in new tab) (Standard & Poor's depositary . Leveraged 3X ETF List Leveraged 3X ETFs are funds that track a wide variety of asset classes, such as stocks, bonds and commodity futures, and apply leverage in order to gain three times the daily or monthly return of the respective underlying index. CUT ETF has $89.9 million in assets under management, with investors having to part with $69 annually for every $10000 investment. State and local taxes are not included in our calculations. If you have a high conviction in lumber prices, investing in lumber stocks might be a better way to gain exposure to its prices. A Funds prospectus and summary prospectus should be read carefully before investing. The ITR metric is used to provide an indication of alignment to the temperature goal of the Paris Agreement for a company or a portfolio. The following table includes expense data and other descriptive information for all Timber ETFs listed on U.S. exchanges that are currently tracked by ETF Database. Lumber PRICE Today | Lumber Spot Price Chart | Live Price of Lumber per MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. Long-term capital gains are taxed at a 15% rate. This Website is not directed to the general public in Hong Kong. Direxion Daily Homebuilders & Supplies Bull 3X Sha Direx.. However, that isn't the whole story. They have gained 21 percent and 20 percent, respectively. 1. L&G Dax Daily 2x Long Etf Etf - Finanzen.net Index performance returns do not reflect any management fees, transaction costs or expenses. Combine this with rising timber prices, and you can cut a path to portfolio profitability via the lumber ETFs above. Tax-adjusted returns and tax cost ratio are estimates of the impact taxes have had on a fund. CUT is a better option for investors seeking more diversification in the timber industry than the other ETFs on this list, has a holding base of more than 200 organizations. The calculations exclude inverse ETFs. Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the fund. There is not a universally accepted way to calculate an ITR. In a small corner of the commodity market, we have lumber. WOOD / iShares Global Timber & Forestry ETF short borrow fee rates are shown in the following table. The iShares Global Timber & Forestry ETF provides investors with broad exposure to companies that produce forest products, agricultural products, and paper and packaging products. Stock Index Futures Move Higher as Investors Await Key U.S. GDP Data, Meta Surges on Upbeat Earnings. Over the past month, the iShares Global Timber & Forestry ETF (NYSEArca: WOOD) increased 9.2% and Invesco MSCI Global Timber ETF (CUT) advanced 9.5%. There is no guarantee the fund will meet its stated investment objectives. iShares funds are powered by the expert portfolio and risk management of BlackRock. 2023 SwingTradeBot. CUSIP Identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by Standard and Poors Financial Services, LLC, and are not for use or dissemination in any manner that would serve as a substitute for a CUSIP service. The ETFs below stand to be a source of growth for any portfolio. Spot lumber prices hit a record high of $1,326 per 1,000 board feet on Monday, bringing the commodity's 12-month gain to 231%. One factor investors should consider is the iShares ETF's expense ratio. XHB ETF has $2.475 billion in assets under management, with an expense ratio of 0.35%. ETF Fitness is an excellent business opportunity for a seasoned entrepreneur, . Wood and lumber ETFs are funds that investors can invest in to get exposure to the wood and lumber industry. Looking at the basic materials sector, this market segment is dominated by chemicals producers, like Dow Chemical (NYSE: DOW), DuPont (NYSE: DU) and Monsanto (NYSE: MON), along with smaller tilts. The Motley Fool: Epic Bundle - 3x Expert Stock Recommendations; H . Distribution Yield and 12m Trailing Yield results may have period over period volatility due to factors including tax considerations such as treatment of passive foreign investment companies (PFICs), treatment of defaulted bonds or excise tax requirements; exceptional corporate actions; seasonality of dividends from underlying holdings; significant fluctuations in fund shares outstanding; or fund capital gain distributions. Learn what the metric means, how it is calculated, and about the assumptions and limitations for this forward-looking climate-related metric. The temperature goal of the Paris Agreement is to limit global warming to well below 2C above pre-industrial levels, and ideally 1.5 C, which will help us avoid the most severe impacts of climate change. This page provides links to various analyses for all Leveraged 3X ETFs that are listed on U.S. exchanges and tracked by ETF Database. To brace for the slump, producers cut down the lumber production, which led to a decline in the supply. Such ETFs come in the long and short varieties. For more information, please consult the funds prospectus. Explore a variety of Exchange Traded Funds (ETF). Brokerage commissions will reduce returns. An investors shares, when redeemed, may be worth more or less than their original cost. Index. Past performance does not guarantee future results. Short-term performance, in particular, is not a good indication of the funds future performance, and an investment should not be made based solely on returns. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. ETF Industry Records 46th Month Of Consecutive Net Inflows Click on the tabs below to see more information on Timber ETFs, including historical performance, dividends, holdings, expense ratios, technical indicators, analysts reports and more. All Information is provided solely for your internal use, and may not be reproduced or redisseminated in any form without express prior written permission from MSCI. Timber ETF List - ETF Database Fund Flows in millions of U.S. With $3.3 billion under management, this ETF is highly liquid. Investing involves risk, including possible loss of principal. ADVISORS: HELP MEET CLIENTS' NEEDS WITH iSHARES ETFs, MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES), MSCI Weighted Average Carbon Intensity % Coverage, MSCI Implied Temperature Rise (0-3.0+ C). The Information has not been submitted to, nor received approval from, the US SEC or any other regulatory body. Bull 3x ETF, Direxion Daily S&P Oil & Gas Exp. This page includes historical return information for all Leveraged 3X ETFs listed on U.S. exchanges that are currently tracked by ETF Database. Short term performance, in particular, is not a good indication of the funds future performance, and an investment should not be made based solely on returns. Which lumber ETFs should investors buy to play the surge in 2021? If these expenses were included, the expense ratio would be higher. Inverse ETFs: What They Are and How They Work | The Motley Fool Lumber PRICE Today | Lumber Spot Price Chart | Live Price of Lumber per Ounce | Markets Insider Markets Stocks Indices Commodities Cryptocurrencies Currencies ETFs News Lumber Commodity. Inverse / Short S&P 500 ETFs (1x, 2x, 3x) Inverse / Short NASDAQ ETFs (1x, 2x, 3x) A New Way to Play Lumber. ETF issuers who have ETFs with exposure to Timber are ranked on certain investment-related metrics, including estimated revenue, 3-month fund flows, 3-month return, AUM, average ETF expenses and average dividend yields. Three top agricultural ETFs gained as much as 27% in the past year as the broader market declined, providing exposure to commodities . None of the information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. Dollars. The sale of ETFs is subject to an activity assessment fee (from $0.01 to $0.03 per $1,000 of principal). This forward-looking metric is calculated based on a model, which is dependent upon multiple assumptions. The table below includes fund flow data for all U.S. listed Leveraged 3X ETFs. Bull 2X Shares, Direxion Daily Travel & Vacation Bull 2X Shares, Direxion Auspice Broad Commodity Strategy ETF, Direxion Breakfast Commodities Strategy ETF, Direxion NASDAQ-100 Equal Weighted Index Shares, Common shares of Microsoft Corporation (MSFT), ICE U.S. Treasury 20+ Year Bond Index (IDCOT204), ICE U.S. Treasury 7-10 Year Bond Index (IDCOT74), FTSE Developed Europe All Cap Index (ACDER), Dow Jones U.S. ETF issuers are ranked based on their AUM-weighted average dividend yield of their ETFs with exposure to Timber. The Information is provided as is and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information. Bonds are included in U.S. bond indices when the securities are denominated in U.S. dollars regardless of the domicile of the issuer. top of page. BLACKROCK, BLACKROCK SOLUTIONS, BUILD ON BLACKROCK, ALADDIN, iSHARES, iBONDS, iTHINKING, iSHARES CONNECT, FUND FRENZY, LIFEPATH, SO WHAT DO I DO WITH MY MONEY, INVESTING FOR A NEW WORLD, BUILT FOR THESE TIMES, the iShares Core Graphic, CoRI and the CoRI logo are registered and unregistered trademarks of BlackRock, Inc., or its subsidiaries in the United States and elsewhere. Lumber ETFs are another way to play the lumber market. Neither FTSE, LSEG, nor NAREIT makes any warranty regarding the FTSE Nareit Equity REITS Index, FTSE Nareit All Residential Capped Index or FTSE Nareit All Mortgage Capped Index. The use of derivatives such as futures contracts and swaps are subject to market risks that may cause its price to fluctuate over time. BlackRock leverages this data to provide a summed up view across holdings and translates it to a fund's market value exposure to the listed Business Involvement areas above. If youre looking for a more simplified way to browse and compare ETFs, you may want to visit our ETF Database Categories, which categorize every ETF in a single best fit category. ICRMH0719U-885409. The table below includes basic holdings data for all U.S. listed Leveraged 3X ETFs that are currently tagged by ETF Database. As such, it should be noted that this page may include ETFs from multiple ETF Database Categories. Calculated by Time-Weighted Return since 2002. For more information regarding the fund's investment strategy, please see the fund's prospectus. Playing With Fire: How Long Can You Safely Hold A 3X Leveraged ETF However, despite a 2,052% increase in the diluted earnings per share figure, stockholders only enjoyed a 75% rally in the stock price for 2022, signaling that either some fears of a peak became present or some money was left on the . The returns shown do not represent the returns you would receive if . Is This the Beginning of the End for Nucor? They tend to diversify the benefits as well as losses of investing in single stocks. Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. * For additional information regarding the Funds expense ratio (gross/net fees), please refer to its individual product page. The midpoint is the average of the bid/ask prices at 4:00 PM ET (when NAV is normally determined for most ETFs). It charges 95 bps in annual. ETF issuers are ranked based on their AUM-weighted average 3-month return of their ETFs with exposure to Timber. WOOD ETF has $307.8 million in assets under management, with an expense ratio of 0.43%. At times, builders cant even find enough lumber to meet the surging demand for housing, which has also caused a housing shortage. ProShare Advisors LLC Purchases 1,269 Shares of UFP Industries, Inc 3 Vanguard Energy ETF While the rise in lumber prices has caught many people by surprise, it isnt expected to continue for a very long time. An inverse ETF is an exchange-traded fund that uses financial derivatives to provide returns in the inverse of whatever index or benchmark it's designed to track. All values are in U.S. dollars. Timber ETFs in the, This resource allows comparisons of potential, This tool allows investors to compare two ETFs head-to-head, presenting holdings, Business Involvement metrics are not indicative of a funds investment objective, and, unless otherwise stated in fund documentation and included within a funds investment objective, do not change a funds investment objective or constrain the funds investable universe. 2 Best Lumber ETFs in 2023 | The Motley Fool This is a list of all Leveraged 3X ETFs traded in the USA which are currently tagged by ETF Database. XHB ETF is ranked 5 by US News analysts among 35 of the best consumer cyclical ETFs for long-term investing. In addition to more than average returns, this ETF is an effective hedge against rising prices as experienced; 5-year returns of 81.76%, 3-year returns of 64.38%, pandemic year returns of 14.39%, and current year to date returns of 13.70%. Note that the table below may include leveraged and inverse ETFs. OUR STORY; THE TEAM; PRODUCTS. These risks often are heightened for investments in emerging/developing markets or in concentrations of single countries. Most of the industry experts think that production should catch up with demand eventually. The calculations exclude inverse ETFs. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected. Why are lumber prices going up? While leveraged exchange-traded funds (ETFs) can be seen as controversial investments, they also may come with high returns. Note that ETFs are usually tagged by ETF Database analysts as more than one type; for example, an inverse gold ETF may be tagged as inverse and as gold and as commodity. You can use this tool to compare Timber ETFs with each other or with other industry ETFs. Current performance may be lower or higher than quoted. Some performance results reflect expense reimbursements or recoupments and fee waivers in effect during certain periods shown. The ETF Database Ratings are transparent, quant-based evaluations of ETFs relative to other products in the same ETF Database Category. If the Fund invests in any underlying fund, certain portfolio information, including sustainability characteristics and business-involvement metrics, provided for the Fund may include information (on a look-through basis) of such underlying fund, to the extent available. New Gold (NGD) Q1 2023 Earnings Call Transcript, Chemours (CC) Q1 2023 Earnings Call Transcript, United States Steel (X) Q1 2023 Earnings Call Transcript, Why Shares of Atlas Lithium Are Flying Higher This Week, Why Shares of PureCycle Technologies Are Soaring This Week, Cumulative Growth of a $10,000 Investment in Stock Advisor, Copyright, Trademark and Patent Information. There is no guarantee that the funds will achieve their objective. Popular Now Save my name, email, and website in this browser for the next time I comment. Making the world smarter, happier, and richer. There are many ways to access iShares ETFs. CUSIP is a registered trademark of the American Bankers Association. Total fund flow is the capital inflow into an ETF minus the capital outflow from the ETF for a particular time period. The Funds are distributed by BlackRock Investments, LLC (together with its affiliates, BlackRock). They seek daily goals and should not be expected to track the underlying index over periods longer than one day. The Information is provided as is and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information. Debbie Carlson | Apr 28, 2023. Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns. $26.52 billion. Returns for performance under one year are cumulative, not annualized. Lumber prices have soared 230% in the last year, pushing timber and ETFs can help eliminate risk because they tend to be less volatile than individual stocks. iShares Global Timber & Forestry ETF | WOOD - BlackRock Read the prospectus carefully before investing. Investors have two ways to play a potential rise in lumber prices. Country Club for Sale | Buy Country Clubs at BizQuest 7 Lumber Stocks to Buy Now to Profit From Soaring Wood Prices Its five largest holdings by value were: The five holdings make up a little over 25% of the total value of the Invesco ETF's portfolio. The total expense ratio amounts to 0.65% p.a.. It's Time to Run to Sunrun's Unusual Options Activity. Your email address will not be published. Buying the Dip On Albemarle, Fundamentals Still Sound Potlatchdeltic (Nasdaq:PCH), a diversified forest products company, owns about 1.4 million acres of timberland, mainly in Idaho and Arkansas. ETFs, which are available to individual investors only through brokers and advisers, trade like stocks on an exchange. Bottom line, the following ETFs go up in value as the underlying benchmark index they track goes down. The metric calculations are based on U.S.-listed Timber ETFs and every Timber ETF has one issuer. The fund invests . Timber is a general term covering unprocessed wood, while lumber refers to already processed wood, usually used as a building material. Shares of the Direxion Shares are bought and sold at market price (not NAV) and are not individually redeemed from a Fund. UFPI is a financially strong company that is riding the lumber boom. WOOD - Short Interest - iShares Global Timber & Forestry ETF (NASDAQ Business Involvement metrics are only displayed if at least 1% of the funds gross weight includes securities covered by MSCI ESG Research. The ETF is up 25.1% year-to-date. A Funds prospectus and summary prospectus should be read carefully before investing. This Website is not directed to the general public in Hong Kong. Investors should not rely on this metric when making an investment decision and instead should refer to a funds prospectus and governing documents. This information should not be used to produce comprehensive lists of companies without involvement. BlackRock business involvement exposures as shown above for Thermal Coal and Oil Sands are calculated and reported for companies that generate more than 5% of revenue from thermal coal or oil sands as defined by MSCI ESG Research. International investing involves risks, including risks related to foreign currency, limited liquidity, less government regulation and the possibility of substantial volatility due to adverse political, economic or other developments. About Direxion Daily Small Cap Bull 3X ETF. The calculations exclude inverse ETFs. Under the Operating Expense Limitation Agreement, Rafferty has contractually agreed to waive all or a portion of its management fee and/or reimburse the Fund for Other Expenses through September 1, 2024, to the extent that the Funds Total Annual Fund Operating Expenses exceed 0.95% of the Funds average daily net assets (excluding, as applicable, among other expenses, taxes, swap financing and related costs, acquired fund fees and expenses, dividends or interest on short positions, other interest expenses, brokerage commissions and extraordinary expenses). At present, availability of input data varies across asset classes and markets. Because of ongoing market volatility, fund performance may be subject to substantial short-term changes. A New Way to Play Lumber - TheStreet Investment returns and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Standard & Poors and S&P are registered trademarks of Standard & Poors Financial Services LLC (S&P); Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Rafferty. Where data is not available, and / or if data changes, the estimation methods vary, particularly those related to a companys future emissions. Fund Flows in millions of U.S. It managed more than $250 million of net assets as of July 2022. Fund expenses, including management fees and other expenses were deducted. In the last +40 years, timber has been one of the best complimentary commodity investments to stocks. 3-month fund flows is a metric that can be used to gauge the perceived popularity amongst investors of Timber relative to other industries. Performance is historical and does not guarantee future results. Three of the companies -- Rayonier, Weyerhaeuser, and PotlatchDeltic -- are real estate investment trusts (REITs) focused on generating revenue by owning timberland. Nasdaq100 (NQM23) is struggling to extend a Bull Flag near the 2023 high (formed in April). Copyright 2023 FactSet Research Systems Inc. All rights reserved. Past performance does not guarantee future results. Stock Advisor list price is $199 per year. The Underlying Index is comprised of approximately 25 of. DAL does not maintain nor is it responsible for the contents of this Website, which has not been approved by the SFC. iShares funds are available through online brokerage firms.All iShares ETFs trade commission free online through Fidelity. Learn how key attributes of this fund could factor into your decision-making. Our leveraged ETFs are powerful tools built to help you: Leveraged and inverse ETFs pursue daily leveraged investment objectives which means they are riskier than alternatives which do not use leverage. This page includes historical dividend information for all Leveraged 3X listed on U.S. exchanges that are currently tracked by ETF Database. For example, CUT is a lumber ETF. ETF issuers are ranked based on their estimated revenue from their ETFs with exposure to Timber. The Building Boom Is Prolonging Market Pain - WSJ Such ETFs come in the long and short varieties. Bull & Bear 3X ETFs Non-Leveraged ETFs Overview Performance Pricing Distributions * For additional information regarding the Fund's expense ratio (gross/net fees), please refer to its individual product page. WOOD ETF Technical Analysis | iShares S&P Global | SwingTradeBot.com Nasdaq100 (NQ) Continues 3 Week Consolidation Near 2023 High CBIL - Targeted yield of 4.23%*. A well-balanced weighting ensures no concentration risk while a straddle between the cyclical and general homebuilding sectors provides diversification and consistent returns; 5-year returns of -157.89%, 3-year returns of 169.44%, pandemic year returns of 43.24%, and year to date returns of 47.54%. Bruce Bauer Lumber & Supply | Mountain View | Home Improvement This and other information can be found in the Funds' prospectuses or, if available, the summary prospectuses, which may be obtained by visiting the iShares Fund and BlackRock Fund prospectus pages. ITB provides investors with a traditional market-cap selection approach to the US homebuilding industry, with a capped weighting methodology to ensure diversification. Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments. Direxion Daily 20+ Year Treasury Bear 3X Shares, Direxion Daily 20+ Year Treasury Bull 3X Shares, Direxion Daily 7-10 Year Treasury Bear 3X Shares, Direxion Daily 7-10 Year Treasury Bull 3X Shares, Direxion Daily FTSE Europe Bull 3X Shares, Direxion Daily MSCI Emerging Markets Bear 3X Shares, Direxion Daily MSCI Emerging Markets Bull 3X Shares, Direxion Daily MSCI Mexico Bull 3X Shares, Direxion Daily MSCI South Korea Bull 3X Shares, Direxion Daily Aerospace & Defense Bull 3X Shares, Direxion Daily Consumer Discretionary Bull 3X Shares, Direxion Daily Dow Jones Internet Bear 3X Shares, Direxion Daily Dow Jones Internet Bull 3X Shares, Direxion Daily Homebuilders & Supplies Bull 3X Shares, Direxion Daily Industrials Bull 3X Shares, Direxion Daily Pharmaceutical & Medical Bull 3X Shares, Direxion Daily Real Estate Bear 3X Shares, Direxion Daily Real Estate Bull 3X Shares, Direxion Daily Regional Banks Bull 3X Shares, Direxion Daily S&P 500 High Beta Bear 3X Shares, Direxion Daily S&P 500 High Beta Bull 3X Shares, Direxion Daily S&P Biotech Bear 3X Shares, Direxion Daily S&P Biotech Bull 3X Shares, Direxion Daily Semiconductor Bear 3X Shares, Direxion Daily Semiconductor Bull 3X Shares, Direxion Daily Transportation Bull 3X Shares, Direxion Daily Cloud Computing Bull 2X Shares, Direxion Daily CSI 300 China A Share Bull 2X Shares, Direxion Daily CSI China Internet Index Bull 2X Shares, Direxion Daily Electric and Autonomous Vehicles Bull 2x Shares, Direxion Daily Global Clean Energy Bull 2X Shares, Direxion Daily Gold Miners Index Bear 2X Shares, Direxion Daily Gold Miners Index Bull 2X Shares, Direxion Daily Junior Gold Miners Index Bear 2X Shares, Direxion Daily Junior Gold Miners Index Bull 2X Shares, Direxion Daily Metal Miners Bull 2X Shares, Direxion Daily MSCI Brazil Bull 2X Shares, Direxion Daily Oil Services Bull 2X Shares, Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2X Shares, Direxion Daily S&P 500 Equal Weight Bull 2X Shares, Direxion Daily S&P Oil & Gas Exp. LONDON April 18, 2023 April 18, 2023 Please note that the list may not contain newly issued ETFs. The fund aims to track the MSCI ACWI IMI Timber Select Capped Index. For other risks including leverage, correlation, daily compounding, market volatility and risks specific to an industry or sector, please read the prospectus. So investiert der L&G DAX Daily 2x Long UCITS ETF: Der Fonds soll die Performance des LevDAX (R) x2 Index nachbilden. The benchmark return uses local market closing prices which may differ from systematic fair value prices. That company is one of several holdings in the ETF that manage timberlands and/or operates lumber mills. 2023 BlackRock, Inc. All rights reserved. The fund replicates the performance of the underlying index by buying all the index constituents (full replication). Leveraged 3X ETFs are funds that track a wide variety of asset classes, such as stocks, bonds and commodity futures, and apply leverage in order to gain three times the daily or monthly return of the respective underlying index. Direxion Daily Homebuilders & Supplies Bull 3X The ETF launched in 2007. At present, availability of input data varies across asset classes and markets.