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.

Direxion Daily S&P 500 High Beta Bear 3X Shares

MAX Airlines -3X Inverse Leveraged ETN

Direxion Daily S&P Biotech Bear 3X Shares

AdvisorShares MSOS 2x Daily ETF

September is on track to be the worst month of the year.

5 Best Leveraged-Inverse ETFs of September

MicroSectors FANG & Innovation -3X Inverse Leveraged ETN

MAX Auto Industry -3X Inverse Leveraged ETN

MicroSectors Travel 3X Inverse Leveraged ETN

BMO REX MicroSectors FANG+ Index -3X Inverse Leveraged ETN

2x Long VIX Futures ETF

ProShares Ultra VIX Short-Term Futures ETF

Direxion Daily Dow Jones Internet Bear 3X Shares

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: 09/24/2023

Alexandria Real Estate Equities

JPMorgan BetaBuilders MSCI US REIT ETF

Crown Castle International

Direxion Daily Real Estate Bull 3x Shares

Fidelity MSCI Real Estate ETF

First Trust S&P REIT Index Fund

iShares Cohen & Steers REIT ETF

iShares U.S. Real Estate ETF

Nuveen Real Estate Income Fund

Invesco KBW Premium Yield Equity REIT ETF

Neuberger Berman Real Estate Securities Income Fund Inc

US Diversified Real Estate ETF

Invesco Active US Real Estate

ALPS Active REIT ETF

ProShares Short Real Estate

Cohen And Steers Total Return Realty Fund

Cohen & Steers Reit And Preferred Income Fund Inc

Cohen & Steers Quality Income Realty Fund

SPDR Dow Jones REIT ETF

Schwab U.S. REIT ETF

Seven Hills Realty Trust

ProShares UltraShort Real Estate

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

ProShares Ultra Real Estate

REITs are currently facing widespread dislike among investors. The negative sentiment towards REITs is due to the high-interest rates. I explain why I believe that most investors are misguided and highlight some opportunities to consider.

Urgent Warning To REIT Investors

iShares Core U.S. REIT ETF

Vanguard Real Estate ETF

Amidst the bearish sentiment towards real estate, a compelling opportunity to own REITs has emerged. The deeply discounted REIT market has largely priced in the challenges for real estate of higher rates and tighter credit markets. Areas of concern for real estate - office properties or too much leverage - are well-contained in public REIT markets. REITs generally possess high-quality balance sheets and have minimal exposure to traditional office space.

Opportunities In Listed REITs Today

The notion of an impending housing market crash has been a trending topic on Wall Street for much of the year. With housing affordability at a historic low, interest in how to short real estate has been rising.

Worried About a Housing Market Crash? Here's How to Short Real Estate

ProShares UltraShort Utilities

Bond yields are spiking lately and investors are worried that the Fed will keep interest rates higher for a longer-than-expected period.

Sector ETFs to Go Short on Higher Rate Worries

Alpine Global Premier Properties Fund

First Trust Alerian Disruptive

Xtrackers International Real Estate ETF

iShares International Developed Real Estate ETF

CBRE Global Real Estate Income Fund

Nuveen Real Asset Income & Growth Fund

Prologis

iShares Global REIT ETF

NAREIT has developed a financial metric called Funds From Operations, or FFO, that investors in REITs can use to better evaluate their financial performance. Dividend income plays a big role in why investors would seek to own stocks in REITs. What makes the FFO information valuable to investors is its correlation with the dividends paid out by REITs.

Connecting FFO To DPS For REITs

AFC Gamma

American Tower

Apple Hospitality REIT

Equity LifeStyle Properties

Farmland Partners

Host Hotels & Resorts

Innovative Industrial Properties

Summit Hotel Properties

Lamar Advertising

Gladstone Land

Medical Properties Trust

National Storage Affiliates Trust

OUTFRONT Media

After covering the Winners of REIT Earnings Season last week, Part 2 of our Earnings Recap focuses on the worst-performing property sectors and common threads shared by these laggards. While there were upside standouts and some solid reports within these lagging property sectors, the losers of REIT earnings season included: Self-Storage, Hotel, Healthcare, and Specialty REITs. Many of the "misses" emanated from the direct and secondary effects of the higher interest rate environment, underscoring the continued challenges facing more-highly-levered private real estate portfolios.

Losers Of REIT Earnings Season

I hold a significant allocation towards quality REITs. In this article, I share my bullish thesis for investing in the sector. I also highlight catalysts that could take quality REITs to new all-time highs in as little as 12 months.

My Bullish REIT Thesis And Catalysts That Could Take Us To New ATHs

Apple

Amazon

AST SpaceMobile

Altice USA

Charter Communications

Comcast

DigitalBridge Group

DISH Network

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.

Cell Tower REITs: Toxic Telecom?

Blackstone Group

Extra Space Storage

KKR Real Estate Finance Trust

Life Storage

Healthpeak Properties

Regency Centers

iShares Mortgage Real Estate ETF

Real estate earnings season kicks into gear this week, and over the next month, we'll hear results from 175 equity REITs, 40 mortgage REITs, and dozens of housing industry companies. Real estate equities - the sector with perhaps the most to gain from a moderation in inflation and normalization in Fed monetary policy - enter earnings season with wind in their sails. Obscured by macro headwinds, REITs delivered a solid first quarter of earnings results fueled by buoyant rent growth. This report discusses the major high-level themes we'll be watching across second quarter results.

REIT Earnings Preview: Here's What We're Watching

PotlatchDeltic

One of the hottest "inflation hedges" during the pandemic, land REITs have fallen out-of-favor as rising rates and normalizing supply chains have created disinflationary - and even deflationary - headwinds for commodities. While services sector inflation remains sticky, goods-related inflation has fallen dramatically over the past nine months, with some inflation reports now showing goods deflation levels typically seen only in recessions.

Land REITs: Disinflation Headwinds

Direxion Daily Emerging Markets Bull 3X Shares

Direxion Daily S&P Biotech Bull 3X Shares

The S&P 500 continues to climb higher this summer (up over 16% for the year), offering opportunities that traders can capitalize on when looking at specific sectors and outside domestic equities.

3 Trades to Consider Amid Early Summer Rally

A summer real estate market should help heat up the sector amid relatively high interest rates. If the real estate market is indeed in recovery mode, that's just what it needs for bullish momentum.

A Real Estate Recovery Is Just What This Leveraged ETF Needs

Allow me to utilize 2 overused quotes: Buy when there is blood in the streets. Be greedy when others are fearful.

Peak Bear Has Arrived In Real Estate

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

Direxion Daily Emerging Markets Bear 3X Shares

ProShares UltraShort FTSE China 50

MicroSectors Gold Miners 3X Inverse Leveraged ETN

MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETNs

Direxion Daily Semiconductor Bear 3x Shares

Direxion Daily FTSE China Bear 3X Shares

ProShares UltraShort Silver

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: 06/25/2023

Acadia Realty Trust

Saul Centers

Brixmor Property Group

Federal Realty Investment Trust

InvenTrust Properties Corp

Kimco Realty

Kite Realty Group

Phillips Edison & Co Inc

Strip Center REIT fundamentals have improved materially over the past year and continue to be underappreciated in the market as a decade-long “retail apocalypse” narrative has been tough to shake. The combination of near-zero new development and positive net store openings since 2021 has driven occupancy rates to record-highs and allowed Strip Center REITs to enjoy some long-awaited pricing power. These favorable property-level supply/demand fundamentals have translated into impressive double-digit rent growth spreads since mid-2022 and the best earnings “beat rate” of any property sector during that time.

Strip Center REITs: Retail Apocalypse Is Over

Apartment Income REIT Corp

AvalonBay Communities

BRT Apartments

Clipper Realty

Camden Property

Elme Communities

Equity Residential

Independence Realty Trust

NexPoint Residential Trust

Left for dead in late 2022 on expectations of a "hard landing" across rental markets, Apartment REITs are the third-best-performing property sector this year, lifted by surprisingly buoyant property-level fundamentals. Recent industry data has shown a reacceleration in rental rate and occupancy trends since bottoming in January, with rent growth appearing to stabilize in its typical "inflation-plus" range between 4-5%. This "inflation-plus" level of rent growth was the norm in the pre-pandemic era as housing demand outpaced new home development. Housing is back to being the primary driver of inflation.

Apartment REITs: Rents Are Rising, Again

In recent years, specialized technology-adjacent property types such as towers, data centers and industrial have gained prominence in the real estate market due to changes in consumer behavior, technological advancements, and their critical role in supporting the modern economy. The REIT universe looks much different today, appropriately reflecting the changes that are happening all around us. REITs are not just constrained to malls and offices; quite the contrary, the REIT sector is a dynamic one, with exposure to both secular growth dynamics and sources of bulwark stability.

REITs: Ever Changing, Ever Valuable

Cyxtera Technologies

Digital Realty Trust

Equinix

Iron Mountain

Among the top-performing property sectors this year, the Data Center REIT rebound has been fueled by reports of "booming" demand for artificial intelligence ("AI") focused data center chips. Even before the Nvidia report, Data Center REITs were on the upswing in early 2023 after an impressive slate of earnings results showed improved pricing power and record-high occupancy rates. Ironically, this AI-wave comes just as Data Center REITs became a trendy “short” idea centered on a thesis of weak pricing power and competition from the "hyperscalers" - Amazon, Google, and Microsoft.

Data Center REITs: Physical Epicenter Of AI

Hudson Pacific Properties

This article will unveil our analysis, providing you with some insight toward understanding the current state of the REIT market and its future potential, particularly in the realm of sustainable investments. Real estate plays a significant role in climate change, both as a contributor to greenhouse gas emissions and as a sector that is highly vulnerable to the physical impacts of a changing climate. Investing in sustainable REITs allows investors to have a real-world impact through their portfolio.

Navigating The Sustainable REIT Market: Green Alpha's Essential Guide

We recommend Direxion Daily Real Estate Bear 3X Shares ETF with a Strong Buy. We believe commercial real estate stocks are likely to decline much further this year. Key reasons include the work-from-anywhere trend, the rapid rise in interest rates, the regional banking crisis, recession and high valuation levels.

Buy DRV To Profit From The Commercial Real Estate Recession

A lot of investors appear to think that REITs will drop lower. They believe that their valuations aren't low enough. Do they have a point? We take a closer look and issue a warning to those REIT investors who are trying to time the market.

Important Warning For REIT Investors

Ashford Hospitality Trust

Braemar Hotels & Resorts Inc

Hersha Hospitality Trust Class A

Park Hotels & Resorts

Ryman Hospitality Properties

Despite lingering recession concerns, hotel REITs are pacing for a second-straight year of outperformance after punishing early-pandemic declines, buoyed by steady post-pandemic operating improvement and the long-awaited return of dividends. The final pandemic-era travel restrictions were lifted last week with the ending of the vaccine mandate for foreign arrivals. International travel demand should provide a healthy tailwind over the coming quarters.

Hotel REITs: Pandemic Is Officially Over

American Homes 4 Rent

Centerspace REIT

EastGroup Properties

EPR Properties

Essential Properties Realty Trust Inc

Gaming and Leisure Properties

Invitation Homes

You wouldn't know it by reading the mainstream financial press, but there's more to commercial real estate than office buildings. Obscured by office pain, REITs delivered surprisingly strong first quarter results. Of the 83 equity REITs that provide full-year Funds from Operations ("FFO") guidance, 37 (44%) raised their full-year earnings outlook, while 5 (6%) lowered guidance.

Winners Of REIT Earnings Season

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