DPST vs. NAIL

Last updated Aug 2, 2026

DPST (Direxion Daily Regional Banks Bull 3X Shares) and NAIL (Direxion Daily Homebuilders & Supplies Bull 3X ETF) are both exchange-traded funds - DPST is a Leveraged Equities fund tracking the Solactive US Regional Banks Total Return 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, DPST returned -11.01%/yr vs 2.80%/yr for NAIL. Their 0.48 correlation means their historical movements had little consistent relationship. DPST charges 0.99%/yr vs 0.96%/yr for NAIL.

Performance

DPST vs. NAIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Regional Banks Bull 3X Shares (DPST) 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, DPST achieves a 45.96% return, which is significantly higher than NAIL's -25.11% return. Over the past 10 years, DPST has underperformed NAIL with an annualized return of -11.01%, while NAIL has yielded a comparatively higher 2.80% annualized return.

DPST

• 1D: 0.85%
• 1M: 2.62%
• 6M: 24.97%
• YTD: 45.96%
• 1Y: 81.17%
• 3Y*: 22.15%
• 5Y*: -14.99%
• 10Y*: -11.01%
• ALL TIME*: -12.97%

NAIL

• 1D: -3.77%
• 1M: -24.78%
• 6M: -35.02%
• YTD: -25.11%
• 1Y: -40.69%
• 3Y*: -23.69%
• 5Y*: -14.77%
• 10Y*: 2.80%
• ALL TIME*: -0.25%

*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)
DPST Direxion Daily Regional Banks Bull 3X Shares	$35.57M	$38.84M	$44.12M
NAIL Direxion Daily Homebuilders & Supplies Bull 3X ETF	$44.87M	$43.82M	$62.70M

DPST vs. NAIL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DPST Direxion Daily Regional Banks Bull 3X Shares	45.96%	-5.90%	15.48%	-55.79%	-54.10%	108.31%	-76.53%	70.65%	-56.75%	7.28%
NAIL Direxion Daily Homebuilders & Supplies Bull 3X ETF	-25.11%	-40.43%	-22.83%	259.61%	-75.23%	168.20%	-32.08%	184.63%	-73.96%	268.71%

Correlation

The correlation between DPST and NAIL is 0.52, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.52
Correlation (3Y) Balances recent behavior with more history.	0.55
Correlation (5Y) Shows whether the relationship held over a longer period.	0.56
Correlation (10Y) Provides a long-term view across more market conditions.	0.49
Correlation (All Time) Calculated using the full available price history since Aug 19, 2015	0.48

The correlation between DPST and NAIL has been stable across timeframes, ranging from 0.48 to 0.56 - a consistent structural relationship.

DPST vs. NAIL - Sectors Allocation Comparison

Sectors	DPST	NAIL
Financial Services	100.0%	-
Basic Materials	-	8.4%
Communication Services	-	-
Consumer Cyclical	-	71.9%
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	19.0%
Real Estate	-	0.7%
Technology	-	-
Utilities	-	-

Return for Risk

DPST vs. NAIL — Risk / Return Rank

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

DPST

DPST Risk / Return Rank: 44
DPST Sharpe Ratio Rank: 41
DPST Sortino Ratio Rank: 45
DPST Omega Ratio Rank: 47
DPST Calmar Ratio Rank: 48
DPST Martin Ratio Rank: 38

NAIL

NAIL Risk / Return Rank: 6
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.

DPST vs. NAIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Regional Banks Bull 3X Shares (DPST) 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.

	DPST	NAIL	Difference
Sharpe ratio: Return per unit of total volatility	1.03	-0.41	+1.44
Sortino ratio: Return per unit of downside risk	1.64	-0.12	+1.77
Omega ratio: Gain probability vs. loss probability	1.22	0.99	+0.23
Calmar ratio: Return relative to maximum drawdown	1.73	-0.53	+2.26
Martin ratio: Return relative to average drawdown	3.92	-0.82	+4.74

DPST vs. NAIL - Sharpe Ratio Comparison

The current DPST Sharpe Ratio is 1.03, which is higher than the NAIL Sharpe Ratio of -0.41. The chart below compares the historical Sharpe Ratios of DPST 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

DPST vs. NAIL - Drawdown Comparison

The maximum DPST drawdown since its inception was -97.73%, roughly equal to the maximum NAIL drawdown of -93.75%. Use the drawdown chart below to compare losses from any high point for DPST and NAIL.

Drawdown Indicators

	DPST	NAIL	Difference
Max Drawdown Largest peak-to-trough decline	-97.73%	-93.75%	-3.98%
Max Drawdown (1Y) Largest decline over 1 year	-40.44%	-67.85%	+27.41%
Max Drawdown (3Y) Largest decline over 3 years	-68.38%	-82.09%	+13.71%
Max Drawdown (5Y) Largest decline over 5 years	-93.99%	-84.40%	-9.59%
Max Drawdown (10Y) Largest decline over 10 years	-97.73%	-93.75%	-3.98%
Current Drawdown Current decline from peak	-91.06%	-78.60%	-12.46%
Average Drawdown Average peak-to-trough decline	-64.52%	-44.24%	-20.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.85%	43.97%	-26.12%

Volatility

DPST vs. NAIL - Volatility Comparison

The current volatility for Direxion Daily Regional Banks Bull 3X Shares (DPST) is 16.37%, while Direxion Daily Homebuilders & Supplies Bull 3X ETF (NAIL) has a volatility of 26.41%. This indicates that DPST 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

	DPST	NAIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.37%	26.41%	-10.04%
Volatility (6M) Calculated over the trailing 6-month period	46.05%	65.39%	-19.34%
Volatility (1Y) Calculated over the trailing 1-year period	68.21%	87.99%	-19.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	88.35%	88.09%	+0.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	94.21%	89.81%	+4.40%

DPST vs. NAIL - Expense Ratio Comparison

DPST has a 0.99% expense ratio, which is higher than NAIL's 0.96% expense ratio.

Dividends

DPST vs. NAIL - Dividend Comparison

DPST's dividend yield for the trailing twelve months is around 1.50%, more than NAIL's 0.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DPST Direxion Daily Regional Banks Bull 3X Shares	1.50%	2.18%	1.55%	1.78%	1.51%	0.58%	0.90%	1.29%	2.18%	0.30%
NAIL Direxion Daily Homebuilders & Supplies Bull 3X ETF	0.83%	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 DPST and NAIL in my portfolio?

DPST and NAIL have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DPST or NAIL?

NAIL has higher volatility (26.41%) compared to DPST (16.37%). In terms of maximum drawdown, DPST dropped -97.73% vs NAIL's -93.75%.

Which ETF is better, DPST or NAIL?

On 10-year performance, NAIL leads with 2.80% vs -11.01% for DPST. On fees, NAIL is cheaper at 0.96% per year. On volatility, DPST has been the lower-risk option at 16.37%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DPST or NAIL?

Over the 10-year period, NAIL has performed better with a 2.80% return vs -11.01%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DPST or NAIL?

NAIL is cheaper with a 0.96% expense ratio, compared with 0.99% for DPST.

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

DPST has the higher dividend yield at 1.50%, compared with 0.83% for NAIL.

What is the main difference between DPST and NAIL?

DPST is categorized as Leveraged Equities, while NAIL is Building & Construction. DPST tracks Solactive US Regional Banks Total Return Index (300%), while NAIL tracks Dow Jones U.S. Select Home Construction Index. Their fees differ too: 0.99% for DPST and 0.96% for NAIL.

Which has better risk-adjusted returns?

DPST currently has the higher Sharpe Ratio (1.03 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.