LGIH vs. NAIL

Last updated Aug 1, 2026

LGIH (LGI Homes, Inc.) is a stock, while NAIL (Direxion Daily Homebuilders & Supplies Bull 3X ETF) is Building & Construction fund tracking the Dow Jones U.S. Select Home Construction Index. Over the past 10 years, LGIH returned 4.77%/yr vs 2.80%/yr for NAIL. Their 0.74 correlation means they have sometimes moved together and sometimes differently.

Performance

LGIH vs. NAIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LGI Homes, Inc. (LGIH) 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, LGIH achieves a 27.03% return, which is significantly higher than NAIL's -25.11% return. Over the past 10 years, LGIH has outperformed NAIL with an annualized return of 4.77%, while NAIL has yielded a comparatively lower 2.80% annualized return.

LGIH

• 1D: -4.46%
• 1M: -12.03%
• 6M: 8.90%
• YTD: 27.03%
• 1Y: 0.17%
• 3Y*: -26.55%
• 5Y*: -20.41%
• 10Y*: 4.77%
• ALL TIME*: 12.45%

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)
LGIH LGI Homes, Inc.	$17.81M	$15.87M	$19.92M
NAIL Direxion Daily Homebuilders & Supplies Bull 3X ETF	$44.87M	$43.82M	$62.70M

LGIH vs. NAIL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LGIH LGI Homes, Inc.	27.03%	-51.95%	-32.86%	43.80%	-40.06%	45.94%	49.82%	56.24%	-39.73%	161.16%
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 LGIH and NAIL is 0.78, 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.	0.78
Correlation (3Y) Balances recent behavior with more history.	0.82
Correlation (5Y) Shows whether the relationship held over a longer period.	0.83
Correlation (10Y) Provides a long-term view across more market conditions.	0.78
Correlation (All Time) Calculated using the full available price history since Aug 19, 2015	0.74

The correlation between LGIH and NAIL has been stable across timeframes, ranging from 0.74 to 0.83 - a consistent structural relationship.

Return for Risk

LGIH vs. NAIL — Risk / Return Rank

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

LGIH

LGIH Risk / Return Rank: 46
LGIH Sharpe Ratio Rank: 47
LGIH Sortino Ratio Rank: 47
LGIH Omega Ratio Rank: 44
LGIH Calmar Ratio Rank: 46
LGIH Martin Ratio Rank: 45

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.

LGIH vs. NAIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LGI Homes, Inc. (LGIH) 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.

	LGIH	NAIL	Difference
Sharpe ratio: Return per unit of total volatility	0.04	-0.41	+0.45
Sortino ratio: Return per unit of downside risk	0.54	-0.12	+0.67
Omega ratio: Gain probability vs. loss probability	1.06	0.99	+0.07
Calmar ratio: Return relative to maximum drawdown	0.05	-0.53	+0.58
Martin ratio: Return relative to average drawdown	0.09	-0.82	+0.91

LGIH vs. NAIL - Sharpe Ratio Comparison

The current LGIH Sharpe Ratio is 0.04, which is higher than the NAIL Sharpe Ratio of -0.41. The chart below compares the historical Sharpe Ratios of LGIH 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

LGIH vs. NAIL - Drawdown Comparison

The maximum LGIH drawdown since its inception was -81.33%, smaller than the maximum NAIL drawdown of -93.75%. Use the drawdown chart below to compare losses from any high point for LGIH and NAIL.

Drawdown Indicators

	LGIH	NAIL	Difference
Max Drawdown Largest peak-to-trough decline	-81.33%	-93.75%	+12.42%
Max Drawdown (1Y) Largest decline over 1 year	-49.25%	-67.85%	+18.60%
Max Drawdown (3Y) Largest decline over 3 years	-75.13%	-82.09%	+6.96%
Max Drawdown (5Y) Largest decline over 5 years	-79.17%	-84.40%	+5.23%
Max Drawdown (10Y) Largest decline over 10 years	-81.33%	-93.75%	+12.42%
Current Drawdown Current decline from peak	-70.24%	-78.60%	+8.36%
Average Drawdown Average peak-to-trough decline	-28.51%	-44.24%	+15.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	26.94%	43.97%	-17.03%

Volatility

LGIH vs. NAIL - Volatility Comparison

The current volatility for LGI Homes, Inc. (LGIH) is 12.78%, while Direxion Daily Homebuilders & Supplies Bull 3X ETF (NAIL) has a volatility of 26.41%. This indicates that LGIH 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

	LGIH	NAIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.78%	26.41%	-13.63%
Volatility (6M) Calculated over the trailing 6-month period	42.49%	65.39%	-22.90%
Volatility (1Y) Calculated over the trailing 1-year period	59.29%	87.99%	-28.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.62%	88.09%	-38.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.79%	89.81%	-39.02%

Dividends

LGIH vs. NAIL - Dividend Comparison

LGIH has not paid dividends to shareholders, while NAIL's dividend yield for the trailing twelve months is around 0.83%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
LGIH LGI Homes, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
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 LGIH and NAIL in my portfolio?

LGIH and NAIL have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LGIH or NAIL?

NAIL has higher volatility (26.41%) compared to LGIH (12.78%). In terms of maximum drawdown, LGIH dropped -81.33% vs NAIL's -93.75%.

Which has better risk-adjusted returns?

LGIH currently has the higher Sharpe Ratio (0.04 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.