NAIL vs. FUTG

Last updated Jun 4, 2026

NAIL (Direxion Daily Homebuilders & Supplies Bull 3X Shares) and FUTG (Leverage Shares 2X Long FUTU Daily ETF) are both Leveraged Equities funds. NAIL is passively managed, while FUTG is actively managed. At a 0.23 correlation, their price movements are largely independent. NAIL charges 0.99%/yr vs 0.75%/yr for FUTG.

Performance

NAIL vs. FUTG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) and Leverage Shares 2X Long FUTU Daily ETF (FUTG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NAIL achieves a -23.44% return, which is significantly higher than FUTG's -75.53% 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%

FUTG

• 1D: -11.10%
• 1M: -70.24%
• YTD: -75.53%
• 6M: -77.00%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NAIL vs. FUTG - Yearly Performance Comparison

	2026 (YTD)	2025
NAIL Direxion Daily Homebuilders & Supplies Bull 3X Shares	-23.44%	-23.50%
FUTG Leverage Shares 2X Long FUTU Daily ETF	-75.53%	-0.80%

Correlation

The correlation between NAIL and FUTG is 0.23, 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 Oct 15, 2025	0.23

Return for Risk

NAIL vs. FUTG — Risk / Return Rank

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

NAIL

NAIL Risk / Return Rank: 7
NAIL Sharpe Ratio Rank: 6
NAIL Sortino Ratio Rank: 9
NAIL Omega Ratio Rank: 9
NAIL Calmar Ratio Rank: 6
NAIL Martin Ratio Rank: 6

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. FUTG - 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 FUTU Daily ETF (FUTG). 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	FUTG	Difference
Sharpe ratio: Return per unit of total volatility	-0.23	—	—
Sortino ratio: Return per unit of downside risk	0.27	—	—
Omega ratio: Gain probability vs. loss probability	1.03	—	—
Calmar ratio: Return relative to maximum drawdown	-0.30	—	—
Martin ratio: Return 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.

Sharpe Ratios by Period

	NAIL	FUTG	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	-0.66	+0.66

Drawdowns

NAIL vs. FUTG - Drawdown Comparison

The maximum NAIL drawdown since its inception was -93.75%, which is greater than FUTG's maximum drawdown of -86.19%. Use the drawdown chart below to compare losses from any high point for NAIL and FUTG.

Drawdown Indicators

	NAIL	FUTG	Difference
Max Drawdown Largest peak-to-trough decline	-93.75%	-86.19%	-7.56%
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 Drawdown Current decline from peak	-78.12%	-84.29%	+6.17%
Average Drawdown Average peak-to-trough decline	-43.80%	-40.35%	-3.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	38.18%	—	—

Volatility

Volatility by Period

	NAIL	FUTG	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%	136.01%	-48.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	86.99%	136.01%	-49.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	89.20%	136.01%	-46.81%

NAIL vs. FUTG - Expense Ratio Comparison

NAIL has a 0.99% expense ratio, which is higher than FUTG's 0.75% expense ratio.

Dividends

NAIL vs. FUTG - Dividend Comparison

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

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FUTG Leverage Shares 2X Long FUTU 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

Can I hold both NAIL and FUTG in my portfolio?

NAIL and FUTG have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NAIL or FUTG?

On fees, FUTG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NAIL or FUTG?

FUTG is cheaper with a 0.75% expense ratio, compared with 0.99% for NAIL.

Which ETF pays a higher dividend yield, NAIL or FUTG?

NAIL has the higher dividend yield at 1.04%, compared with 0.00% for FUTG.

What is the main difference between NAIL and FUTG?

They also come from different issuers: Direxion and Leverage Shares. Their fees differ too: 0.99% for NAIL and 0.75% for FUTG.