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NAIL vs UDOW

Direxion Daily Homebuilders & Supplies Bull 3X ETF

NAILCNYSE Arca

ProShares UltraPro Dow30

UDOWANYSE Arca

Overlap

Expense ratio

UDOW −0.02pt a year

NAIL0.96%UDOW0.94%

Avg volume · 30D

UDOW 1.1×the volume

NAIL1.53MUDOW1.72M

10Y return · a year

UDOW +17.2pt

NAIL+5.1%UDOW+22.3%

NAIL vs UDOW Performance

Oct 29, 2021 – Oct 30, 2026

−59.4%NAIL+66.5%UDOW

Oct 29, 2021 to Oct 30, 2026. NAIL −59.4%. UDOW +66.5%. Use the arrow keys to read each point.0%100%Oct 2021Apr 2024Oct 2026
Expense ratio
NAIL 0.96%
UDOW 0.94%, better
Fund size
NAIL $604M
UDOW $841M
1Y total return
NAIL −43.6%
UDOW +16.0%, better
Yield (12M)
NAIL 1.03%
UDOW 1.06%, better
Holdings
NAIL 51
UDOW 33
Avg volume (30D)
NAIL 1.53M sh
UDOW 1.72M sh, better
NAV per share
NAIL $32.31
UDOW $65.43
52W range

ETF.net Grade

NAIL: Cost 62, Risk 12, Mission not scored, Tradability 43, Holdings not scored, Durability 59. UDOW: Cost 78, Risk 85, Mission 77, Tradability 89, Holdings 56, Durability 71.
Pillar letters and Scores for NAIL, UDOW, with each pillar’s weight
PillarNAILUDOW
Cost30% weightB62A78Higher
Mission25% weightNot scoredA77
Risk15% weightF12A85Higher
Tradability15% weightC43A89Higher
Holdings10% weightNot scoredB56
Durability5% weightB59A71Higher

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 UDOW 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 ›

UDOW ranks 2nd 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 16CDUSLDirexion Daily Industrials Bull 3X ETFScore 45
  5. Rank 16CNAILDirexion Daily Homebuilders & Supplies Bull 3X ETFScore 45
  6. Rank 18CDRNDirexion Daily Real Estate Bull 3X ETFScore 44

Our read on each fund

ETF.net Research

NAILCDirexion Daily Homebuilders & Supplies Bull 3X ETF

UDOWAProShares UltraPro Dow30

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.

UDOW The only 3x daily play on the Dow: 30 blue-chip names, price-weighted, reset every session. It is the industrial cousin of the semis-and-Nasdaq crowd that fills the leveraged aisle, and it has run since 2010.

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.

UDOW The Fund seeks daily results equal to three times the daily performance of the Dow Jones Industrial Average before fees and expenses. It uses equity securities, derivatives, and money-market instruments to pursue that daily leveraged exposure.

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.
  • UDOW ProShares calls UDOW the only ETF targeting 3x the daily move of the Dow. In a 3x aisle crowded with semiconductor and Nasdaq bets, the blue-chip index has exactly one lever.proshares.com
  • The Dow is a price-weighted measure of 30 US blue chips, so the exposure leans industrials, financials and health care instead of megacap tech.spglobal.com
  • Trading since 2010, it has run through several full market cycles and stays actively traded, which matters when the holding period is hours rather than years.
  • Among the stronger implementations in its 3x bull peer group, it stays close to its stated daily target and trades with the depth short-horizon traders look for.

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.
  • UDOW The 3x target resets every day. Over longer stretches, compounding and volatility can push results away from 3x the index move, as the prospectus spells out.proshares.com
  • At 0.94% with no waiver propping it up, cost sits near the typical 3x bull fund; TQQQ charges 0.78% net of a waiver through September 30, 2027.
  • Exposure is built with derivatives and cash instruments alongside stocks, so counterparty and derivative risk ride along with the market call.proshares.com

Full NAIL profile⁠

Full UDOW profile⁠

NAIL vs UDOW 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 UDOW Cost

Overpaying NAIL vs UDOW

$330

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

  • NAIL 0.96%

    $18,034

  • UDOW 0.94%

    $17,704

$10,000
30 years

Cost over time

  • NAIL 0.96%
  • UDOW 0.94%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530NAIL $18,034UDOW $17,704

Year by year

YearNAILUDOWOverpaying
10$1,695$1,661$34
20$6,383$6,260$123
30$18,034$17,704$330

Expense ratio

  • 0.96%NAIL
  • 0.94%UDOW, cheaper
  • Middle half of 3x Leveraged Long funds
  • Median 0.96%

UDOW 7th cheapest of 30 funds

NAIL 11th cheapest of 30 funds

NAIL vs UDOW Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
NAIL 1.03%
UDOW 1.06%, better
Payout (12M)
NAIL $0.34
UDOW $0.69
Last payment
NAIL $0.12
UDOW $0.15
Ex-dividend
NAIL Sep 22, 2026
UDOW Sep 23, 2026
Paid on
NAIL Sep 29, 2026
UDOW Sep 29, 2026
Frequency
NAIL Quarterly
UDOW 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
UDOWQuarterly · 15 paymentsAll UDOW payments⁠
One bar per payment. 15 payments from 2017 to 2026 YTD. Mar 22, 2017 $0.007; Dec 26, 2017 $0.02; Dec 24, 2019 $0.07; Dec 23, 2020 $0.03; Dec 22, 2022 $0.09; Mar 20, 2024 $0.07; Jun 26, 2024 $0.16; Dec 23, 2024 $0.07; Mar 26, 2025 $0.16; Jun 25, 2025 $0.22; Sep 24, 2025 $0.23; Dec 24, 2025 $0.20; Mar 25, 2026 $0.14; Jun 24, 2026 $0.21; Sep 23, 2026 $0.15. Use the arrow keys to read each point.$0$12017202020232026YTD

NAIL vs UDOW Risk

Fall from peak · 5 years

  • NAIL
  • UDOW
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%UDOW 37.2%, better
Return per unit of riskSharpe ratio, 3 years
NAIL 0.29UDOW 0.95, better
Worst fallMax drawdown, 5 years
NAIL −85.8%UDOW −56.0%, better
Market sensitivityBeta, 5 years
NAIL 3.85UDOW 2.62

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