NAIL vs. FDEGX
Compare and contrast key facts about Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) and Fidelity Growth Strategies Fund (FDEGX).
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. FDEGX is managed by Fidelity. It was launched on Dec 28, 1990.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NAIL or FDEGX.
Correlation
The correlation between NAIL and FDEGX is 0.60, 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.
Performance
NAIL vs. FDEGX - Performance Comparison
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Key characteristics
NAIL:
-0.66
FDEGX:
0.56
NAIL:
-0.75
FDEGX:
0.96
NAIL:
0.92
FDEGX:
1.13
NAIL:
-0.73
FDEGX:
0.61
NAIL:
-1.37
FDEGX:
1.94
NAIL:
40.11%
FDEGX:
8.20%
NAIL:
84.57%
FDEGX:
27.35%
NAIL:
-93.75%
FDEGX:
-85.76%
NAIL:
-69.80%
FDEGX:
-8.75%
Returns By Period
In the year-to-date period, NAIL achieves a -37.03% return, which is significantly lower than FDEGX's 1.31% return.
NAIL
-37.03%
9.90%
-62.32%
-55.65%
22.67%
N/A
FDEGX
1.31%
15.20%
-3.84%
15.09%
12.83%
10.66%
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NAIL vs. FDEGX - Expense Ratio Comparison
NAIL has a 0.99% expense ratio, which is higher than FDEGX's 0.63% expense ratio.
Risk-Adjusted Performance
NAIL vs. FDEGX — Risk-Adjusted Performance Rank
NAIL
FDEGX
NAIL vs. FDEGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) and Fidelity Growth Strategies Fund (FDEGX). 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.
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Dividends
NAIL vs. FDEGX - Dividend Comparison
NAIL's dividend yield for the trailing twelve months is around 1.53%, less than FDEGX's 7.79% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NAIL Direxion Daily Homebuilders & Supplies Bull 3X Shares | 1.53% | 0.63% | 0.22% | 0.00% | 0.00% | 0.01% | 0.17% | 0.35% | 1.25% | 0.00% | 0.00% | 0.00% |
FDEGX Fidelity Growth Strategies Fund | 7.79% | 7.89% | 0.05% | 0.00% | 14.15% | 8.37% | 3.65% | 0.75% | 0.43% | 0.59% | 0.13% | 0.31% |
Drawdowns
NAIL vs. FDEGX - Drawdown Comparison
The maximum NAIL drawdown since its inception was -93.75%, which is greater than FDEGX's maximum drawdown of -85.76%. Use the drawdown chart below to compare losses from any high point for NAIL and FDEGX. For additional features, visit the drawdowns tool.
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Volatility
NAIL vs. FDEGX - Volatility Comparison
Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) has a higher volatility of 22.26% compared to Fidelity Growth Strategies Fund (FDEGX) at 8.67%. This indicates that NAIL's price experiences larger fluctuations and is considered to be riskier than FDEGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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