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NAIL vs SOXL

Direxion Daily Homebuilders & Supplies Bull 3X ETF

NAILCNYSE Arca

Direxion Daily Semiconductor Bull 3X ETF

SOXLANYSE Arca

Overlap

4.9%by weight

Expense ratio

SOXL −0.21pt a year

NAIL0.96%SOXL0.75%

Avg volume · 30D

SOXL 46.2×the volume

NAIL1.53MSOXL70.7M

10Y return · a year

SOXL +34.3pt

NAIL+5.1%SOXL+39.4%

NAIL vs SOXL Performance

Oct 29, 2021 – Oct 30, 2026

−59.4%NAIL+66.7%SOXL

Oct 29, 2021 to Oct 30, 2026. NAIL −59.4%. SOXL +66.7%. Use the arrow keys to read each point.200%300%400%500%Oct 2021Apr 2024Oct 2026
Expense ratio
NAIL 0.96%
SOXL 0.75%, better
Fund size
NAIL $604M
SOXL $24.3B
1Y total return
NAIL −43.6%
SOXL +61.4%, better
Yield (12M)
NAIL 1.03%, better
SOXL 0.12%
Holdings
NAIL 51
SOXL 43
Avg volume (30D)
NAIL 1.53M sh
SOXL 70.7M sh, better
NAV per share
NAIL $32.31
SOXL $102.45
52W range

ETF.net Grade

NAIL: Cost 62, Risk 12, Mission not scored, Tradability 43, Holdings not scored, Durability 59. SOXL: Cost 100, Risk 32, Mission not scored, Tradability 79, Holdings not scored, Durability 69.
Pillar letters and Scores for NAIL, SOXL, with each pillar’s weight
PillarNAILSOXL
Cost30% weightB62A100Higher
Mission25% weightNot scoredNot scored
Risk15% weightF12D32Higher
Tradability15% weightC43A79Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB59B69Higher

Rank among 3x Leveraged Long funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. NAIL and SOXL are both graded against the same 30 3x Leveraged Long funds, so their Grades compare head to head.

3x Leveraged Long⁠

Category · 30 funds
See all 30 ›

SOXL ranks 4th and NAIL 16th of 30 funds in the 3x Leveraged Long Category.

  1. Rank 1ATQQQProShares UltraPro QQQScore 86
  2. Rank 2AUDOWProShares UltraPro Dow30Score 81
  3. Rank 3AFASDirexion Daily Financial Bull 3X ETFScore 80
  4. Rank 4ASOXLDirexion Daily Semiconductor Bull 3X ETFScore 76
  5. Rank 5ATMFDirexion Daily 20+ Year Treasury Bull 3X ETFScore 74
  6. Rank 16CDUSLDirexion Daily Industrials Bull 3X ETFScore 45
  7. Rank 16CNAILDirexion Daily Homebuilders & Supplies Bull 3X ETFScore 45
  8. Rank 18CDRNDirexion Daily Real Estate Bull 3X ETFScore 44

Our read on each fund

ETF.net Research

NAILCDirexion Daily Homebuilders & Supplies Bull 3X ETF

SOXLADirexion Daily Semiconductor Bull 3X ETF

In short

NAIL Three 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.

SOXL A 3x bet on chip stocks that resets every single day. Direxion launched it in 2010, long before AI made semiconductors the market's main event, and it is now one of the most heavily traded leveraged funds out there.

Stated mandate

NAIL 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.

SOXL It is designed to deliver a daily result three times the performance of the NYSE Semiconductor Index, before fees and expenses, with the objective applying for a single day.

Why people hold it

  • NAIL 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.
  • SOXL Cheap for the aisle it sits in: 0.75% net of a waiver through September 1, 2027 (0.91% gross), below the category median and under TQQQ's 0.78% net of a waiver through September 30, 2027.
  • The mandate is mechanical: 300% of the NYSE Semiconductor Index's daily move, before fees and expenses, across roughly 40 chip names. No stock picking, no manager discretion.direxion.com
  • A multi-billion-dollar fund that trades very actively, which matters for an instrument designed to be entered and exited inside a single session.
  • Trading since 2010, through several full chip cycles. That is a long run for a 3x product, and one of the stronger setups in its leveraged peer group.

Worth knowing

  • NAIL 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.
  • SOXL The 3x target applies to one day only. Daily reset plus compounding means multi-day results can diverge sharply from 3x the index, and choppy markets erode value.direxion.com
  • Semiconductors already swing hard. Tripling the daily move magnifies down days exactly as much as up days, so losses can pile up fast.
  • Roughly 40 stocks in a single US industry. No diversification cushion here, and the index itself has been renamed once (to the NYSE Semiconductor Index in 2023).sec.gov

Full NAIL profile⁠

Full SOXL profile⁠

NAIL vs SOXL Holdings

How NAIL and SOXL differ

Overlap by weight

4.9%

Shared holdings make up 8.4% of SOXL and 5.4% of NAIL.

Level by level

  • Sector5 Sectors0.0%
  • Holdings1 in both4.9%
  • Countryby domicile89.3%
  • Asset classEquity100%

Sector

Sector weights in NAIL and SOXL, widest gap first
SectorMore in NAILMore in SOXL
TechnologySOXL +100.0 points
Consumer DiscretionaryNAIL +76.9 points
IndustrialsNAIL +14.0 points
MaterialsNAIL +8.3 points
Real EstateNAIL +0.8 points

Country, concentration and asset class

Country by domicile

Country weights in NAIL and SOXL, widest gap first
CountryMore in NAILMore in SOXL
United StatesNAIL +10.7 points
TaiwanSOXL +4.7 points
South KoreaSOXL +3.0 points
NetherlandsSOXL +1.5 points
IsraelSOXL +1.1 points
SingaporeSOXL +0.4 points

Concentration

Weight in the 10 largest Holdings

  • NAIL83.9%
  • SOXL74.3%

Securities held

  • NAIL44
  • SOXL32

Asset class

NAIL
Equity
SOXL
Equity

Holdings

  • Only in NAIL43
  • In both1
  • Only in SOXL31

Only in NAIL

43 securities, 24.4% of NAIL by weight

  • Dr Horton Inc4.08%
  • Pultegroup Inc2.55%
  • Goldman Sachs Fin Gov 465 Institut1.82%

Only in SOXL

31 securities, 23.4% of SOXL by weight

  • Jp Morgan 100 Us Trsy Capital 31632.46%
  • Advanced Micro Devices1.99%
  • Intel Corp1.70%

Weight gaps

All 1 Holdings in both funds, largest gap first.

Holding weights in NAIL and SOXL, widest gap first
HoldingMore in NAILMore in SOXL
Goldman Finl Sq Trsry Inst 506SOXL +0.03 points

All 54 NAIL holdings⁠All 44 SOXL holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

NAIL vs SOXL Cost

Overpaying NAIL vs SOXL

$3,552

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • NAIL 0.96%

    $18,034

  • SOXL 0.75%

    $14,482

$10,000
30 years

Cost over time

  • NAIL 0.96%
  • SOXL 0.75%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530NAIL $18,034SOXL $14,482

Year by year

YearNAILSOXLOverpaying
10$1,695$1,336$359
20$6,383$5,078$1,305
30$18,034$14,482$3,552

Expense ratio

  • 0.96%NAIL
  • 0.75%SOXL, cheaper
  • Middle half of 3x Leveraged Long funds
  • Median 0.96%

SOXL cheapest of 30 funds

NAIL 11th cheapest of 30 funds

NAIL vs SOXL Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
NAIL 1.03%, better
SOXL 0.12%
Payout (12M)
NAIL $0.34
SOXL $0.09
Last payment
NAIL $0.12
SOXL $0.09
Ex-dividend
NAIL Sep 22, 2026
SOXL Sep 22, 2026
Paid on
NAIL Sep 29, 2026
SOXL Sep 29, 2026
Frequency
NAIL Quarterly
SOXL Annual

Distribution history

Per share, 2017 to 2026, same scale for both

NAILQuarterly · 22 paymentsAll NAIL payments⁠
One bar per payment. 22 payments from 2017 to 2026 YTD. Dec 13, 2017 $1.15; Sep 25, 2018 $0.02; Dec 27, 2018 $0.06; Mar 19, 2019 $0.05; Jun 25, 2019 $0.04; Sep 24, 2019 $0.02; Mar 24, 2020 $0.0049; Mar 21, 2023 $0.15; Jun 21, 2023 $0.01; Sep 19, 2023 $0.04; Dec 21, 2023 $0.04; Mar 19, 2024 $0.17; Jun 25, 2024 $0.04; Sep 24, 2024 $0.26; Dec 23, 2024 $0.06; Mar 25, 2025 $0.45; Jun 24, 2025 $0.19; Sep 23, 2025 $0.08; Dec 23, 2025 $0.05; Mar 24, 2026 $0.07; Jun 23, 2026 $0.10; Sep 22, 2026 $0.12. Use the arrow keys to read each point.$0$12017202020232026YTD
SOXLAnnual · 29 paymentsAll SOXL payments⁠
One bar per payment. 29 payments from 2017 to 2026 YTD. Dec 19, 2017 $0.0081; Jun 19, 2018 $0.02; Sep 25, 2018 $0.03; Dec 27, 2018 $0.02; Mar 19, 2019 $0.02; Jun 25, 2019 $0.01; Sep 24, 2019 $0.02; Dec 23, 2019 $0.02; Mar 24, 2020 $0.0053; Jun 23, 2020 $0.0063; Dec 22, 2020 $0.0034; Mar 23, 2021 $0.02; Dec 21, 2021 $0.01; Mar 22, 2022 $0.0072; Jun 22, 2022 $0.02; Sep 20, 2022 $0.04; Dec 20, 2022 $0.04; Mar 21, 2023 $0.03; Jun 21, 2023 $0.04; Sep 19, 2023 $0.03; Dec 21, 2023 $0.06; Mar 19, 2024 $0.04; Jun 25, 2024 $0.15; Sep 24, 2024 $0.06; Dec 23, 2024 $0.08; Mar 25, 2025 $0.06; Jun 24, 2025 $0.07; Sep 23, 2025 $0.01; Sep 22, 2026 $0.09. Use the arrow keys to read each point.$0$12017202020232026YTD

NAIL vs SOXL Risk

Fall from peak · 5 years

  • NAIL
  • SOXL
Oct 29, 2021 to Oct 30, 2026. Worst fall: SOXL −90.5% · Oct 2022. Use the arrow keys to read each point.−100%−75%−50%−25%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
NAIL 92.8%, betterSOXL 137.2%
Return per unit of riskSharpe ratio, 3 years
NAIL 0.29SOXL 0.90, better
Worst fallMax drawdown, 5 years
NAIL −85.8%, betterSOXL −90.5%
Market sensitivityBeta, 5 years
NAIL 3.85SOXL 7.64

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