Direxion Daily Homebuilders & Supplies Bull 3X ETF
CThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.
$25.59+0.56 (+2.24%)
- 0.96%
- $525M
- −56.9%
- 1.36%
- 1.5M sh
- $25.78
- low $24.88high $81.20
The ETF.net NAIL Grade
C
Score 49 out of 100
- 17 of 31
Score 49 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A73 out of 100Rank 6 of 31Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F9 out of 100Rank 30 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C41 out of 100Rank 17 of 31Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B59 out of 100Rank 10 of 31
Our read on NAIL
CThree times the daily move of US homebuilders in one ticker. NAIL takes a narrow, rate-sensitive corner of the market, wraps it in a daily-reset lever, and prices it below the typical leveraged bull fund.
The fund seeks daily investment results, before fees and expenses, equal to 300% of the performance of the Dow Jones U.S. Select Home Construction Index.
Why people hold it
- Aims for 300% of the daily move of a US home construction index holding roughly 50 builders and suppliers, so one ticker carries a whole housing-cycle view.direxion.com
- At 0.96% a year it undercuts the typical leveraged bull fund, and where UDOW or FAS lever broad markets, this one levers a single slice of the economy.
- Live since 2015 and actively traded, so getting in and out is rarely the hard part with a tool built for days, not decades.
- On cost and ease of trading, it stands among the stronger builds in the leveraged bull crowd.
Worth knowing
- The 3x target resets every day. Hold longer and compounding takes over, so a choppy sector can leave results well away from three times the index move.direxion.com
- Homebuilders swing on mortgage rates and construction demand. Levering that narrow sector 3x puts this among the more volatile products on the leveraged shelf.
- It pays quarterly, but income is a byproduct: the 0.96% fee accrues daily whether housing moves or not.
NAIL Holdings
- Stocks
- 52
- 84%
- Djshmb Swap Asset Leg (Djshmbctl)
Sectors
- Consumer Discretionary76.9%
- Industrials14.0%
- Materials8.3%
- Real Estate0.8%
Geography
- United States100.00%
NAIL Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
NAIL$4,306
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | NAIL |
|---|---|
| Year to date | −49.2% |
| 1 month | −17.4% |
| 3 months | −40.3% |
| 1 year | −56.9% |
| 3 years | −18.9% |
| 5 years | −17.8% |
| 10 years | +0.4% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | NAIL |
|---|---|---|
| 2026 YTD | −49.2% | |
| 2025 | −40.4% | |
| 2024 | −22.8% | |
| 2023 | +259.6% | |
| 2022 | −75.2% | |
| 2021 | +168.2% | |
| 2020 | −32.1% |
NAIL in the news
NAIL Dividends
- 1.36%
- $0.34
- $0.12 per share
- Quarterly
Distribution history
NAIL Risk
This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.
- 93.3%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.15
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −85.5%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 3.85
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
NAIL Cost
0.96%
NAIL0.96%
- The middle half of 3x Leveraged Long funds
- Median 0.98%
6 of the 30 3x Leveraged Long funds charge less.
Other funds in 3x Leveraged Long
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- CURTYProShares - UltraPro Russell2000Expense ratio 1.08%1 year return +34.9%
- CTNADirexion Daily Small Cap Bull 3X ETFExpense ratio 1.07%1 year return +35.1%
- DEURLDirexion Daily FTSE Europe Bull 3X ETFExpense ratio 1.05%1 year return +15.4%