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NAIL vs TQQQ

Direxion Daily Homebuilders & Supplies Bull 3X ETF

NAILCNYSE Arca

ProShares UltraPro QQQ

TQQQANasdaq

Overlap

Expense ratio

TQQQ −0.18pt a year

NAIL0.96%TQQQ0.78%

Avg volume · 30D

TQQQ 37.6×the volume

NAIL1.53MTQQQ57.5M

10Y return · a year

TQQQ +32.8pt

NAIL+5.1%TQQQ+37.9%

NAIL vs TQQQ Performance

Oct 29, 2021 – Oct 30, 2026

−59.4%NAIL+64.2%TQQQ

Oct 29, 2021 to Oct 30, 2026. NAIL −59.4%. TQQQ +64.2%. Use the arrow keys to read each point.0%100%Oct 2021Apr 2024Oct 2026
Expense ratio
NAIL 0.96%
TQQQ 0.78%, better
Fund size
NAIL $604M
TQQQ $32.1B
1Y total return
NAIL −43.6%
TQQQ +7.1%, better
Yield (12M)
NAIL 1.03%, better
TQQQ 0.78%
Holdings
NAIL 51
TQQQ 116
Avg volume (30D)
NAIL 1.53M sh
TQQQ 57.5M sh, better
NAV per share
NAIL $32.31
TQQQ $61.97
52W range

ETF.net Grade

NAIL: Cost 62, Risk 12, Mission not scored, Tradability 43, Holdings not scored, Durability 59. TQQQ: Cost 97, Risk 57, Mission 84, Tradability 97, Holdings not scored, Durability 79.
Pillar letters and Scores for NAIL, TQQQ, with each pillar’s weight
PillarNAILTQQQ
Cost30% weightB62A97Higher
Mission25% weightNot scoredA84
Risk15% weightF12B57Higher
Tradability15% weightC43A97Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB59A79Higher

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 TQQQ 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 ›

TQQQ ranks 1st 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 16CDUSLDirexion Daily Industrials Bull 3X ETFScore 45
  4. Rank 16CNAILDirexion Daily Homebuilders & Supplies Bull 3X ETFScore 45
  5. Rank 18CDRNDirexion Daily Real Estate Bull 3X ETFScore 44

Our read on each fund

ETF.net Research

NAILCDirexion Daily Homebuilders & Supplies Bull 3X ETF

TQQQAProShares UltraPro QQQ

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.

TQQQ The original 3x Nasdaq-100 trade, live since 2010. Leverage resets every day, chasing three times the index's one-day move, and it is one of the most heavily traded names in its corner of the market.

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.

TQQQ The fund seeks daily investment results, before fees and expenses, equal to three times the daily performance of the Nasdaq-100 Index.

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.
  • TQQQ Costs 0.78% net of a waiver through September 30, 2027 (0.94% gross), below the median fee for 3x bull funds and below stablemate UDOW at 0.94% with no waiver.
  • A multi-billion-dollar fund and one of the busiest tickers in the leveraged space, which matters when a daily-reset position needs to be entered or exited quickly.
  • Delivers its stated 3x daily target with close day-to-day fidelity, one of the stronger implementations among 3x bull funds.proshares.com
  • Straightforward plumbing: it rebalances exposure to the Nasdaq-100 each day, raising it as the index rises and cutting it as the index falls.sec.gov

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.
  • TQQQ The prospectus is blunt: this seeks results for a single day only. Hold longer and compounding takes over, so multi-day results can land far from 3x the index move, especially in choppy tape.sec.gov
  • Triple exposure cuts both ways. A rough day for the Nasdaq-100 hits roughly three times as hard here, which is why this scores as one of the riskier structures on our books.
  • The fee break is contractual, not permanent. Should the waiver lapse after September 30, 2027, the cost reverts toward the 0.94% gross rate.

Full NAIL profile⁠

Full TQQQ profile⁠

NAIL vs TQQQ 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 TQQQ Cost

Overpaying NAIL vs TQQQ

$3,032

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

  • NAIL 0.96%

    $18,034

  • TQQQ 0.78%

    $15,002

$10,000
30 years

Cost over time

  • NAIL 0.96%
  • TQQQ 0.78%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530NAIL $18,034TQQQ $15,002

Year by year

YearNAILTQQQOverpaying
10$1,695$1,388$307
20$6,383$5,268$1,115
30$18,034$15,002$3,032

Expense ratio

  • 0.96%NAIL
  • 0.78%TQQQ, cheaper
  • Middle half of 3x Leveraged Long funds
  • Median 0.96%

TQQQ 2nd cheapest of 30 funds

NAIL 11th cheapest of 30 funds

NAIL vs TQQQ Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
NAIL 1.03%, better
TQQQ 0.78%
Payout (12M)
NAIL $0.34
TQQQ $0.48
Last payment
NAIL $0.12
TQQQ $0.16
Ex-dividend
NAIL Sep 22, 2026
TQQQ Sep 23, 2026
Paid on
NAIL Sep 29, 2026
TQQQ Sep 29, 2026
Frequency
NAIL Quarterly
TQQQ Quarterly

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
TQQQQuarterly · 14 paymentsAll TQQQ payments⁠
One bar per payment. 14 payments from 2017 to 2026 YTD. Dec 26, 2018 $0.0051; Mar 20, 2019 $0.0025; Dec 24, 2019 $0.0039; Dec 23, 2020 $0.000035; Dec 22, 2022 $0.05; Jun 26, 2024 $0.14; Dec 23, 2024 $0.14; Mar 26, 2025 $0.10; Jun 25, 2025 $0.11; Sep 24, 2025 $0.05; Dec 24, 2025 $0.09; Mar 25, 2026 $0.07; Jun 24, 2026 $0.17; Sep 23, 2026 $0.16. Use the arrow keys to read each point.$0$12017202020232026YTD

NAIL vs TQQQ Risk

Fall from peak · 5 years

  • NAIL
  • TQQQ
Oct 29, 2021 to Oct 30, 2026. Worst fall: NAIL −85.8% · Oct 2026. Use the arrow keys to read each point.−75%−50%−25%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
NAIL 92.8%TQQQ 56.9%, better
Return per unit of riskSharpe ratio, 3 years
NAIL 0.29TQQQ 0.98, better
Worst fallMax drawdown, 5 years
NAIL −85.8%TQQQ −81.7%, better
Market sensitivityBeta, 5 years
NAIL 3.85TQQQ 3.71

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