This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Top ETFs Bet on Real Estate in August

Stocks in this article: BAC JPM C Ratings provides exclusive stock, ETF and mutual fund ratings and commentary based on award-winning, proprietary tools. Its "safety first" approach to investing aims to reduce risk while seeking solid outperformance on a total return basis.

NEW YORK ( TheStreet) -- The best-performing exchange traded funds in August targeted the recovering real estate market and banks that have become property owners through foreclosure.

Topping the list are two triple-leveraged funds. The Direxion Daily Real Estate Bull 3x Shares (DRN) jumped 41% in its first full calendar month of trading. The more established Direxion Daily Financial Bull 3X Shares (FAS) gained 38%.

The four largest holders of repossessed real estate as of June 30 were JPMorgan Chase (JPM) with $4.9 billion in property, Wells Fargo (WFC) with $2.5 billion, Bank of America (BAC) with $1.8 billion, and Citigroup (C) with $1.7 billion. These ETFs made leveraged bets on these banks and other financial stocks.

The best-performing, non-leveraged fund in August was the iPath Dow Jones-UBS Sugar Subindex Total Return ETN (SGG), which returned a sweet 31% in one month. This exchange traded note tracks an index of futures contracts tied to sugar prices called World Sugar No. 11, which trades on the New York Board of Trade's ICE Futures U.S. Softs exchange. One contract for 112,000 pounds of raw cane sugar is now worth $27,316.80, up 31% in a month and a huge jump from the $13,227 it was worth at year-end.

Best Performing Exchange-Traded Funds in August
Fund (Ticker) Rating
Total Return 1 Month
Direxion Daily Real Estate Bull 3x Shares (DRN) U
Real Estate
Direxion Daily Financial Bull 3X Shares (FAS) U
Financial Service
iPath Dow Jones-UBS Sugar Subindex Total Return ETN (SGG) B-
Rydex 2X S&P Select Sector Financial ETF (RFL) E
Financial Service
ProShares Ultra Real Estate (URE) E-
Real Estate
ProShares Ultra Financials (UYG) E
Financial Service
iShares FTSE NAREIT Industrial/Office Capped Index Fund (FIO) E+
Real Estate
Financial Service
iShares FTSE EPRA/NAREIT Developed Europe Index Fund (IFEU) D
Real Estate
RevenueShares Financials Sector Fund (RWW) U
Financial Service
Source: Ratings & Bloomberg

-- Reported by Kevin Baker in Jupiter, Fla.

Follow on Twitter and become a fan on Facebook.

Kevin Baker became the senior financial analyst for TSC Ratings upon the August 2006 acquisition of Weiss Ratings by, covering mutual funds. He joined the Weiss Group in 1997 as a banking and brokerage analyst. In 1999, he created the Weiss Group's first ratings to gauge the level of risk in U.S. equities. Baker received a B.S. degree in management from Rensselaer Polytechnic Institute and an M.B.A. with a finance specialization from Nova Southeastern University.

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs