CURE vs. NAIL

Last updated Aug 4, 2026

CURE (Direxion Daily Healthcare Bull 3x Shares) and NAIL (Direxion Daily Homebuilders & Supplies Bull 3X ETF) are both exchange-traded funds - CURE is a Leveraged Equities fund tracking the Health Care Select Sector Index (300%), while NAIL is a Building & Construction fund tracking the Dow Jones U.S. Select Home Construction Index. Both are passively managed. Over the past 10 years, CURE returned 13.34%/yr vs 3.16%/yr for NAIL. Their 0.42 correlation means their historical movements had little consistent relationship. CURE charges 0.94%/yr vs 0.96%/yr for NAIL.

Performance

CURE vs. NAIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Healthcare Bull 3x Shares (CURE) and Direxion Daily Homebuilders & Supplies Bull 3X ETF (NAIL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CURE achieves a 6.43% return, which is significantly higher than NAIL's -18.83% return. Over the past 10 years, CURE has outperformed NAIL with an annualized return of 13.34%, while NAIL has yielded a comparatively lower 3.16% annualized return.

CURE

• 1D: -0.52%
• 1M: -4.06%
• 6M: 6.28%
• YTD: 6.43%
• 1Y: 67.78%
• 3Y*: 7.93%
• 5Y*: 0.06%
• 10Y*: 13.34%
• ALL TIME*: 24.18%

NAIL

• 1D: 8.38%
• 1M: -18.48%
• 6M: -30.57%
• YTD: -18.83%
• 1Y: -35.72%
• 3Y*: -20.50%
• 5Y*: -13.41%
• 10Y*: 3.16%
• ALL TIME*: 0.49%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CURE Direxion Daily Healthcare Bull 3x Shares	$8.76M	$9.12M	$9.34M
NAIL Direxion Daily Homebuilders & Supplies Bull 3X ETF	$44.86M	$43.79M	$61.55M

CURE vs. NAIL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CURE Direxion Daily Healthcare Bull 3x Shares	6.43%	22.55%	-8.47%	-9.40%	-20.51%	88.30%	5.02%	55.66%	2.82%	69.32%
NAIL Direxion Daily Homebuilders & Supplies Bull 3X ETF	-18.83%	-40.43%	-22.83%	259.61%	-75.23%	168.20%	-32.08%	184.63%	-73.96%	268.71%

Correlation

The correlation between CURE and NAIL is 0.39, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.39
Correlation (3Y) Balances recent behavior with more history.	0.46
Correlation (5Y) Shows whether the relationship held over a longer period.	0.47
Correlation (10Y) Provides a long-term view across more market conditions.	0.43
Correlation (All Time) Calculated using the full available price history since Aug 19, 2015	0.42

CURE vs. NAIL - Sectors Allocation Comparison

Sectors	CURE	NAIL
Healthcare	20.5%	-
Technology	0.1%	-
Basic Materials	-	8.4%
Communication Services	-	-
Consumer Cyclical	-	71.9%
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Industrials	-	19.0%
Real Estate	-	0.7%
Utilities	-	-

Return for Risk

CURE vs. NAIL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

CURE

CURE Risk / Return Rank: 57
CURE Sharpe Ratio Rank: 61
CURE Sortino Ratio Rank: 66
CURE Omega Ratio Rank: 54
CURE Calmar Ratio Rank: 60
CURE Martin Ratio Rank: 44

NAIL

NAIL Risk / Return Rank: 7
NAIL Sharpe Ratio Rank: 6
NAIL Sortino Ratio Rank: 8
NAIL Omega Ratio Rank: 8
NAIL Calmar Ratio Rank: 5
NAIL Martin Ratio Rank: 6

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

CURE vs. NAIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Healthcare Bull 3x Shares (CURE) and Direxion Daily Homebuilders & Supplies Bull 3X ETF (NAIL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CURE	NAIL	Difference
Sharpe ratio: Return per unit of total volatility	1.48	-0.41	+1.89
Sortino ratio: Return per unit of downside risk	2.26	-0.12	+2.38
Omega ratio: Gain probability vs. loss probability	1.25	0.99	+0.26
Calmar ratio: Return relative to maximum drawdown	2.19	-0.53	+2.72
Martin ratio: Return relative to average drawdown	4.92	-0.81	+5.73

CURE vs. NAIL - Sharpe Ratio Comparison

The current CURE Sharpe Ratio is 1.48, which is higher than the NAIL Sharpe Ratio of -0.41. The chart below compares the historical Sharpe Ratios of CURE and NAIL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CURE vs. NAIL - Drawdown Comparison

The maximum CURE drawdown since its inception was -69.19%, smaller than the maximum NAIL drawdown of -93.75%. Use the drawdown chart below to compare losses from any high point for CURE and NAIL.

Drawdown Indicators

	CURE	NAIL	Difference
Max Drawdown Largest peak-to-trough decline	-69.19%	-93.75%	+24.56%
Max Drawdown (1Y) Largest decline over 1 year	-31.10%	-67.85%	+36.75%
Max Drawdown (3Y) Largest decline over 3 years	-51.93%	-82.09%	+30.16%
Max Drawdown (5Y) Largest decline over 5 years	-52.23%	-84.40%	+32.17%
Max Drawdown (10Y) Largest decline over 10 years	-69.19%	-93.75%	+24.56%
Current Drawdown Current decline from peak	-15.52%	-76.81%	+61.29%
Average Drawdown Average peak-to-trough decline	-18.16%	-44.25%	+26.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.83%	44.12%	-30.29%

Volatility

CURE vs. NAIL - Volatility Comparison

The current volatility for Direxion Daily Healthcare Bull 3x Shares (CURE) is 15.88%, while Direxion Daily Homebuilders & Supplies Bull 3X ETF (NAIL) has a volatility of 27.85%. This indicates that CURE experiences smaller price fluctuations and is considered to be less risky than NAIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CURE	NAIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.88%	27.85%	-11.97%
Volatility (6M) Calculated over the trailing 6-month period	35.22%	65.81%	-30.59%
Volatility (1Y) Calculated over the trailing 1-year period	46.17%	88.16%	-41.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.67%	88.19%	-43.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.87%	89.87%	-40.00%

CURE vs. NAIL - Expense Ratio Comparison

CURE has a 0.94% expense ratio, which is lower than NAIL's 0.96% expense ratio.

Dividends

CURE vs. NAIL - Dividend Comparison

CURE's dividend yield for the trailing twelve months is around 1.07%, more than NAIL's 0.77% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
CURE Direxion Daily Healthcare Bull 3x Shares	1.07%	1.12%	1.17%	2.02%	0.38%	0.02%	0.17%	0.40%	0.70%	0.18%
NAIL Direxion Daily Homebuilders & Supplies Bull 3X ETF	0.77%	1.55%	0.63%	0.22%	0.00%	0.00%	0.01%	0.17%	0.35%	1.25%

Frequently Asked Questions

Can I hold both CURE and NAIL in my portfolio?

CURE and NAIL have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CURE or NAIL?

NAIL has higher volatility (27.85%) compared to CURE (15.88%). In terms of maximum drawdown, CURE dropped -69.19% vs NAIL's -93.75%.

Which ETF is better, CURE or NAIL?

On 10-year performance, CURE leads with 13.34% vs 3.16% for NAIL. On fees, CURE is cheaper at 0.94% per year. On volatility, CURE has been the lower-risk option at 15.88%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CURE or NAIL?

Over the 10-year period, CURE has performed better with a 13.34% return vs 3.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CURE or NAIL?

CURE is cheaper with a 0.94% expense ratio, compared with 0.96% for NAIL.

Which ETF pays a higher dividend yield, CURE or NAIL?

CURE has the higher dividend yield at 1.07%, compared with 0.77% for NAIL.

What is the main difference between CURE and NAIL?

CURE is categorized as Leveraged Equities, while NAIL is Building & Construction. CURE tracks Health Care Select Sector Index (300%), while NAIL tracks Dow Jones U.S. Select Home Construction Index. Their fees differ too: 0.94% for CURE and 0.96% for NAIL.

Which has better risk-adjusted returns?

CURE currently has the higher Sharpe Ratio (1.48 vs -0.41), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.