FDEGX vs. NAIL

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity Growth Strategies Fund (FDEGX) and Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL).

FDEGX is managed by Fidelity. It was launched on Dec 28, 1990. NAIL is a passively managed fund by Direxion that tracks the performance of the Dow Jones U.S. Select Home Construction Index (300%). It was launched on Aug 19, 2015.

Performance

FDEGX vs. NAIL - Performance Comparison

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

FDEGX vs. NAIL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FDEGX Fidelity Growth Strategies Fund	-7.25%	2.88%	26.57%	20.93%	-26.50%	21.30%	29.34%	36.59%	-6.92%	21.03%
NAIL Direxion Daily Homebuilders & Supplies Bull 3X Shares	-23.38%	-40.43%	-22.83%	259.61%	-75.23%	168.20%	-32.08%	184.63%	-73.96%	268.71%

Returns By Period

In the year-to-date period, FDEGX achieves a -7.25% return, which is significantly higher than NAIL's -23.38% return. Over the past 10 years, FDEGX has outperformed NAIL with an annualized return of 10.27%, while NAIL has yielded a comparatively lower 4.13% annualized return.

FDEGX

• 1D: -2.00%
• 1M: -11.55%
• YTD: -7.25%
• 6M: -18.20%
• 1Y: 3.75%
• 3Y*: 10.51%
• 5Y*: 5.38%
• 10Y*: 10.27%

NAIL

• 1D: 8.65%
• 1M: -41.91%
• YTD: -23.38%
• 6M: -48.22%
• 1Y: -38.58%
• 3Y*: -4.74%
• 5Y*: -13.91%
• 10Y*: 4.13%

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

FDEGX vs. NAIL - Expense Ratio Comparison

FDEGX has a 0.63% expense ratio, which is lower than NAIL's 0.99% expense ratio.

NAIL

Direxion Daily Homebuilders & Supplies Bull 3X Shares

FDEGX

Fidelity Growth Strategies Fund

Return for Risk

FDEGX vs. NAIL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FDEGX

FDEGX Risk / Return Rank: 8
FDEGX Sharpe Ratio Rank: 8
FDEGX Sortino Ratio Rank: 9
FDEGX Omega Ratio Rank: 9
FDEGX Calmar Ratio Rank: 6
FDEGX Martin Ratio Rank: 6

NAIL

NAIL Risk / Return Rank: 5
NAIL Sharpe Ratio Rank: 5
NAIL Sortino Ratio Rank: 8
NAIL Omega Ratio Rank: 8
NAIL Calmar Ratio Rank: 3
NAIL Martin Ratio Rank: 3

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FDEGX vs. NAIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Strategies Fund (FDEGX) and Direxion Daily Homebuilders & Supplies Bull 3X Shares (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.

	FDEGX	NAIL	Difference
Sharpe ratio Return per unit of total volatility	0.13	-0.43	+0.56
Sortino ratio Return per unit of downside risk	0.36	-0.15	+0.51
Omega ratio Gain probability vs. loss probability	1.05	0.98	+0.07
Calmar ratio Return relative to maximum drawdown	-0.02	-0.58	+0.56
Martin ratio Return relative to average drawdown	-0.06	-1.18	+1.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FDEGX vs. NAIL - Sharpe Ratio Comparison

The current FDEGX Sharpe Ratio is 0.13, which is higher than the NAIL Sharpe Ratio of -0.43. The chart below compares the historical Sharpe Ratios of FDEGX and NAIL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FDEGX	NAIL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.13	-0.43	+0.56
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.23	-0.16	+0.40
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.47	0.05	+0.43
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	-0.00	+0.38

Correlation

The correlation between FDEGX and NAIL is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

FDEGX vs. NAIL - Dividend Comparison

FDEGX has not paid dividends to shareholders, while NAIL's dividend yield for the trailing twelve months is around 1.04%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FDEGX Fidelity Growth Strategies Fund	0.00%	0.00%	7.89%	0.05%	0.00%	14.15%	8.37%	3.65%	0.75%	0.05%	0.59%	0.13%
NAIL Direxion Daily Homebuilders & Supplies Bull 3X Shares	1.04%	1.55%	0.63%	0.22%	0.00%	0.00%	0.01%	0.17%	0.35%	1.25%	0.00%	0.00%

Drawdowns

FDEGX vs. NAIL - Drawdown Comparison

The maximum FDEGX drawdown since its inception was -85.96%, smaller than the maximum NAIL drawdown of -93.75%. Use the drawdown chart below to compare losses from any high point for FDEGX and NAIL.

Drawdown Indicators

	FDEGX	NAIL	Difference
Max Drawdown Largest peak-to-trough decline	-85.96%	-93.75%	+7.79%
Max Drawdown (1Y) Largest decline over 1 year	-20.45%	-63.82%	+43.37%
Max Drawdown (5Y) Largest decline over 5 years	-36.62%	-84.40%	+47.78%
Max Drawdown (10Y) Largest decline over 10 years	-36.62%	-93.75%	+57.13%
Current Drawdown Current decline from peak	-20.45%	-78.11%	+57.66%
Average Drawdown Average peak-to-trough decline	-36.96%	-43.25%	+6.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.11%	31.21%	-24.10%

Volatility

FDEGX vs. NAIL - Volatility Comparison

The current volatility for Fidelity Growth Strategies Fund (FDEGX) is 7.61%, while Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) has a volatility of 24.34%. This indicates that FDEGX 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

	FDEGX	NAIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.61%	24.34%	-16.73%
Volatility (6M) Calculated over the trailing 6-month period	18.02%	57.42%	-39.40%
Volatility (1Y) Calculated over the trailing 1-year period	26.61%	90.67%	-64.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.11%	86.68%	-63.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.85%	88.62%	-66.77%