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NAIL vs. DUSL
Performance
Return for Risk
Drawdowns
Volatility
Dividends

NAIL vs. DUSL

Last updated Jun 13, 2026

NAIL (Direxion Daily Homebuilders & Supplies Bull 3X Shares) and DUSL (Direxion Daily Industrials Bull 3X Shares) are both Leveraged Equities funds from Direxion - NAIL tracks the Dow Jones U.S. Select Home Construction Index (300%) while DUSL tracks the Industrials Select Sector Index (300%). Both are passively managed. Over the past 5 years, NAIL returned -9.97%/yr vs 19.67%/yr for DUSL. A 0.63 correlation means they provide meaningful diversification when combined. NAIL charges 0.99%/yr vs 1.01%/yr for DUSL.

Performance

NAIL vs. DUSL - Performance Comparison

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

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Returns By Period

In the year-to-date period, NAIL achieves a -13.15% return, which is significantly lower than DUSL's 34.09% return.

NAIL

1D
-2.18%
1M
25.39%
YTD
-13.15%
6M
-27.97%
1Y
-17.64%
3Y*
-11.92%
5Y*
-9.97%
10Y*
6.16%

DUSL

1D
2.31%
1M
2.41%
YTD
34.09%
6M
30.29%
1Y
60.14%
3Y*
45.34%
5Y*
19.67%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

NAIL vs. DUSL - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
NAIL
Direxion Daily Homebuilders & Supplies Bull 3X Shares		-13.15%-40.43%-22.83%259.61%-75.23%168.20%-32.08%184.63%-73.96%138.57%
DUSL
Direxion Daily Industrials Bull 3X Shares		34.09%37.50%34.75%37.23%-31.17%60.72%-19.77%90.70%-46.28%47.58%

Correlation

The correlation between NAIL and DUSL is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.64

Correlation (3Y)
Calculated over the trailing 3-year period

0.67

Correlation (5Y)
Calculated over the trailing 5-year period

0.69

Correlation (All Time)
Calculated using the full available price history since May 3, 2017

0.63

The correlation between NAIL and DUSL has been stable across timeframes, ranging from 0.63 to 0.69 - a consistent structural relationship.

NAIL vs. DUSL - Sectors Allocation Comparison

Sectors
NAIL
DUSL

Consumer Cyclical

71.8%
0.1%

Industrials

19.1%
20.0%

Basic Materials

8.6%

-

Real Estate

0.5%

-

Communication Services

-

-

Consumer Defensive

-

-

Energy

-

-

Financial Services

-

-

Healthcare

-

-

Technology

-

0.8%

Utilities

-

1.1%

Consumer Cyclical

NAIL
71.8%
DUSL
0.1%

Industrials

NAIL
19.1%
DUSL
20.0%

Basic Materials

NAIL
8.6%
DUSL

-

Real Estate

NAIL
0.5%
DUSL

-

Communication Services

NAIL

-

DUSL

-

Consumer Defensive

NAIL

-

DUSL

-

Energy

NAIL

-

DUSL

-

Financial Services

NAIL

-

DUSL

-

Healthcare

NAIL

-

DUSL

-

Technology

NAIL

-

DUSL
0.8%

Utilities

NAIL

-

DUSL
1.1%

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Direxion Daily Homebuilders & Supplies Bull 3X Shares

Direxion Daily Industrials Bull 3X Shares

Often compared with NAIL:
NAIL vs. ITBNAIL vs. XHBNAIL vs. DPSTNAIL vs. SPYNAIL vs. CURENAIL vs. PAVENAIL vs. WANT
Often compared with DUSL:
DUSL vs. UXIDUSL vs. UDOWDUSL vs. SOXLDUSL vs. TPORDUSL vs. UPRODUSL vs. UTSLDUSL vs. CURE

Return for Risk

NAIL vs. DUSL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
NAIL
NAIL Risk / Return Rank: 99
Overall Rank
NAIL Sharpe Ratio Rank: 77
Sharpe Ratio Rank
NAIL Sortino Ratio Rank: 1111
Sortino Ratio Rank
NAIL Omega Ratio Rank: 1111
Omega Ratio Rank
NAIL Calmar Ratio Rank: 77
Calmar Ratio Rank
NAIL Martin Ratio Rank: 77
Martin Ratio Rank
DUSL
DUSL Risk / Return Rank: 4040
Overall Rank
DUSL Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
DUSL Sortino Ratio Rank: 3939
Sortino Ratio Rank
DUSL Omega Ratio Rank: 3737
Omega Ratio Rank
DUSL Calmar Ratio Rank: 4141
Calmar Ratio Rank
DUSL Martin Ratio Rank: 4242
Martin Ratio Rank
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.

NAIL vs. DUSL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) and Direxion Daily Industrials Bull 3X Shares (DUSL). 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.

NAILDUSLDifference
Sharpe ratioReturn per unit of total volatility
-0.20
1.23

-1.43

Sortino ratioReturn per unit of downside risk
0.35
1.82

-1.47

Omega ratioGain probability vs. loss probability

1.04

1.22

-0.18

Calmar ratioReturn relative to maximum drawdown

-0.26

1.79

-2.06

Martin ratioReturn relative to average drawdown

-0.45

5.91

-6.36

NAIL vs. DUSL - Sharpe Ratio Comparison

The current NAIL Sharpe Ratio is -0.20, which is lower than the DUSL Sharpe Ratio of 1.23. The chart below compares the historical Sharpe Ratios of NAIL and DUSL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

NAIL vs. DUSL - Drawdown Comparison

The maximum NAIL drawdown since its inception was -93.75%, which is greater than DUSL's maximum drawdown of -85.74%. Use the drawdown chart below to compare losses from any high point for NAIL and DUSL.

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Drawdown Indicators

NAILDUSLDifference

Max Drawdown

Largest peak-to-trough decline

-93.75%

-85.74%

-8.01%

Max Drawdown (1Y)

Largest decline over 1 year

-67.85%

-33.68%

-34.17%

Max Drawdown (3Y)

Largest decline over 3 years

-82.09%

-50.86%

-31.23%

Max Drawdown (5Y)

Largest decline over 5 years

-84.40%

-58.43%

-25.97%

Max Drawdown (10Y)

Largest decline over 10 years

-93.75%

—

—

Current Drawdown

Current decline from peak

-75.18%

-10.11%

-65.07%

Average Drawdown

Average peak-to-trough decline

-43.87%

-21.96%

-21.91%

Ulcer Index

Depth and duration of drawdowns from previous peaks

39.36%

10.22%

+29.14%

Volatility

NAIL vs. DUSL - Volatility Comparison

Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) has a higher volatility of 26.93% compared to Direxion Daily Industrials Bull 3X Shares (DUSL) at 18.87%. This indicates that NAIL's price experiences larger fluctuations and is considered to be riskier than DUSL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

NAILDUSLDifference

Volatility (1M)

Calculated over the trailing 1-month period

26.93%

18.87%

+8.06%

Volatility (6M)

Calculated over the trailing 6-month period

61.98%

41.19%

+20.79%

Volatility (1Y)

Calculated over the trailing 1-year period

88.92%

49.18%

+39.74%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

87.27%

52.90%

+34.37%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

89.35%

61.65%

+27.70%

NAIL vs. DUSL - Expense Ratio Comparison

NAIL has a 0.99% expense ratio, which is lower than DUSL's 1.01% expense ratio.

Dividends

NAIL vs. DUSL - Dividend Comparison

NAIL's dividend yield for the trailing twelve months is around 0.91%, less than DUSL's 8.54% yield.

PositionTTM202520242023202220212020201920182017
DUSL
Direxion Daily Industrials Bull 3X Shares		8.54%11.39%6.61%1.28%0.66%0.07%0.48%1.01%1.46%0.57%
NAIL
Direxion Daily Homebuilders & Supplies Bull 3X Shares		0.91%1.55%0.63%0.22%0.00%0.00%0.01%0.17%0.35%1.25%

Frequently Asked Questions

NAIL and DUSL have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

NAIL has higher volatility (26.93%) compared to DUSL (18.87%). In terms of maximum drawdown, NAIL dropped -93.75% vs DUSL's -85.74%.

On 5-year performance, DUSL leads with 19.67% vs -9.97% for NAIL. On fees, NAIL is cheaper at 0.99% per year. On volatility, DUSL has been the lower-risk option at 18.87%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, DUSL has performed better with a 19.67% return vs -9.97%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

NAIL is cheaper with a 0.99% expense ratio, compared with 1.01% for DUSL.

DUSL has the higher dividend yield at 8.54%, compared with 0.91% for NAIL.

NAIL tracks Dow Jones U.S. Select Home Construction Index (300%), while DUSL tracks Industrials Select Sector Index (300%). Their fees differ too: 0.99% for NAIL and 1.01% for DUSL.

DUSL currently has the higher Sharpe Ratio (1.23 vs -0.20), 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.

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