NAIL vs. ABNG
NAIL (Direxion Daily Homebuilders & Supplies Bull 3X Shares) and ABNG (Leverage Shares 2x Long ABNB Daily ETF) are both Leveraged Equities funds. NAIL is passively managed, while ABNG is actively managed. At a 0.35 correlation, their price movements are largely independent. NAIL charges 0.99%/yr vs 0.75%/yr for ABNG.
Performance
NAIL vs. ABNG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NAIL achieves a -23.44% return, which is significantly lower than ABNG's -12.31% return.
NAIL
- 1D
- -2.39%
- 1M
- 1.50%
- YTD
- -23.44%
- 6M
- -42.68%
- 1Y
- -20.27%
- 3Y*
- -11.78%
- 5Y*
- -14.07%
- 10Y*
- 3.96%
ABNG
- 1D
- -0.92%
- 1M
- -8.78%
- YTD
- -12.31%
- 6M
- 10.42%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NAIL vs. ABNG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NAIL Direxion Daily Homebuilders & Supplies Bull 3X Shares | -23.44% | 4.00% |
ABNG Leverage Shares 2x Long ABNB Daily ETF | -12.31% | 30.68% |
Correlation
The correlation between NAIL and ABNG is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025 | 0.35 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NAIL vs. ABNG — Risk / Return Rank
NAIL
ABNG
NAIL vs. ABNG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) and Leverage Shares 2x Long ABNB Daily ETF (ABNG). 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.
| NAIL | ABNG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.03 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.30 | — | — |
| Martin ratioReturn relative to average drawdown | -0.53 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| NAIL | ABNG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.23 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.16 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.04 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.00 | 0.46 | -0.46 |
Drawdowns
NAIL vs. ABNG - Drawdown Comparison
The maximum NAIL drawdown since its inception was -93.75%, which is greater than ABNG's maximum drawdown of -33.03%. Use the drawdown chart below to compare losses from any high point for NAIL and ABNG.
Loading charts...
Drawdown Indicators
| NAIL | ABNG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.75% | -33.03% | -60.72% |
Max Drawdown (1Y)Largest decline over 1 year | -67.85% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -82.09% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -84.40% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -93.75% | — | — |
Current DrawdownCurrent decline from peak | -78.12% | -17.35% | -60.77% |
Average DrawdownAverage peak-to-trough decline | -43.80% | -11.73% | -32.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 38.18% | — | — |
Volatility
NAIL vs. ABNG - Volatility Comparison
Loading charts...
Volatility by Period
| NAIL | ABNG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.23% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 60.86% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 87.63% | 63.13% | +24.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 86.99% | 63.13% | +23.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 89.20% | 63.13% | +26.07% |
NAIL vs. ABNG - Expense Ratio Comparison
NAIL has a 0.99% expense ratio, which is higher than ABNG's 0.75% expense ratio.
Dividends
NAIL vs. ABNG - Dividend Comparison
NAIL's dividend yield for the trailing twelve months is around 1.04%, while ABNG has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
ABNG Leverage Shares 2x Long ABNB Daily ETF | 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 Shares | 1.04% | 1.55% | 0.63% | 0.22% | 0.00% | 0.00% | 0.01% | 0.17% | 0.35% | 1.25% |
Frequently Asked Questions
NAIL and ABNG have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ABNG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ABNG is cheaper with a 0.75% expense ratio, compared with 0.99% for NAIL.
NAIL has the higher dividend yield at 1.04%, compared with 0.00% for ABNG.
They also come from different issuers: Direxion and Leverage Shares. Their fees differ too: 0.99% for NAIL and 0.75% for ABNG.
Find the right allocation for NAIL and ABNG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer