NAIL vs. HOMZ

Last updated Aug 4, 2026

NAIL (Direxion Daily Homebuilders & Supplies Bull 3X ETF) and HOMZ (Hoya Capital Housing ETF) are both Building & Construction funds - NAIL tracks the Dow Jones U.S. Select Home Construction Index while HOMZ tracks the Hoya Capital Housing 100 Index. Both are passively managed. Over the past 5 years, NAIL returned -13.41%/yr vs 4.71%/yr for HOMZ. Their correlation of 0.89 means they have usually moved in the same direction. NAIL charges 0.96%/yr vs 0.30%/yr for HOMZ.

Performance

NAIL vs. HOMZ - Performance Comparison

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

Returns By Period

In the year-to-date period, NAIL achieves a -18.83% return, which is significantly lower than HOMZ's 3.43% return.

NAIL

• 1D: 8.38%
• 1M: -18.48%
• 6M: -30.57%
• YTD: -18.83%
• 1Y: -35.72%
• 3Y*: -20.50%
• 5Y*: -13.41%
• 10Y*: 3.16%
• ALL TIME*: 0.49%

HOMZ

• 1D: 1.80%
• 1M: -3.14%
• 6M: -0.15%
• YTD: 3.43%
• 1Y: 7.40%
• 3Y*: 7.90%
• 5Y*: 4.71%
• 10Y*: —
• ALL TIME*: 11.20%

*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)
HOMZ Hoya Capital Housing ETF	$107.42K	$133.49K	$168.14K
NAIL Direxion Daily Homebuilders & Supplies Bull 3X ETF	$44.86M	$43.79M	$61.55M

NAIL vs. HOMZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
NAIL Direxion Daily Homebuilders & Supplies Bull 3X ETF	-18.83%	-40.43%	-22.83%	259.61%	-75.23%	168.20%	-32.08%	99.07%
HOMZ Hoya Capital Housing ETF	3.43%	2.72%	9.49%	36.49%	-28.14%	41.02%	15.80%	17.38%

Correlation

The correlation between NAIL and HOMZ is 0.92, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.92
Correlation (3Y) Balances recent behavior with more history.	0.91
Correlation (5Y) Shows whether the relationship held over a longer period.	0.91
Correlation (All Time) Calculated using the full available price history since Mar 20, 2019	0.89

The correlation between NAIL and HOMZ has been stable across timeframes, ranging from 0.89 to 0.92 - a consistent structural relationship.

NAIL vs. HOMZ - Sectors Allocation Comparison

Sectors	NAIL	HOMZ
Consumer Cyclical	71.9%	34.8%
Industrials	19.0%	11.7%
Basic Materials	8.4%	3.2%
Real Estate	0.7%	39.7%
Communication Services	-	0.5%
Consumer Defensive	-	0.8%
Energy	-	-
Financial Services	-	9.5%
Healthcare	-	-
Technology	-	0.6%
Utilities	-	-

Return for Risk

NAIL vs. HOMZ — Risk / Return Rank

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

NAIL

NAIL Risk / Return Rank: 7
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

HOMZ

HOMZ Risk / Return Rank: 19
HOMZ Sharpe Ratio Rank: 19
HOMZ Sortino Ratio Rank: 20
HOMZ Omega Ratio Rank: 19
HOMZ Calmar Ratio Rank: 18
HOMZ Martin Ratio Rank: 17

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.

NAIL vs. HOMZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Homebuilders & Supplies Bull 3X ETF (NAIL) and Hoya Capital Housing ETF (HOMZ). 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.

	NAIL	HOMZ	Difference
Sharpe ratio: Return per unit of total volatility	-0.41	0.37	-0.78
Sortino ratio: Return per unit of downside risk	-0.12	0.74	-0.85
Omega ratio: Gain probability vs. loss probability	0.99	1.08	-0.09
Calmar ratio: Return relative to maximum drawdown	-0.53	0.45	-0.97
Martin ratio: Return relative to average drawdown	-0.81	0.95	-1.76

NAIL vs. HOMZ - Sharpe Ratio Comparison

The current NAIL Sharpe Ratio is -0.41, which is lower than the HOMZ Sharpe Ratio of 0.37. The chart below compares the historical Sharpe Ratios of NAIL and HOMZ, 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

NAIL vs. HOMZ - Drawdown Comparison

The maximum NAIL drawdown since its inception was -93.75%, which is greater than HOMZ's maximum drawdown of -48.10%. Use the drawdown chart below to compare losses from any high point for NAIL and HOMZ.

Drawdown Indicators

	NAIL	HOMZ	Difference
Max Drawdown Largest peak-to-trough decline	-93.75%	-48.10%	-45.65%
Max Drawdown (1Y) Largest decline over 1 year	-67.85%	-16.71%	-51.14%
Max Drawdown (3Y) Largest decline over 3 years	-82.09%	-22.91%	-59.18%
Max Drawdown (5Y) Largest decline over 5 years	-84.40%	-33.76%	-50.64%
Max Drawdown (10Y) Largest decline over 10 years	-93.75%	—	—
Current Drawdown Current decline from peak	-76.81%	-6.56%	-70.25%
Average Drawdown Average peak-to-trough decline	-44.25%	-9.68%	-34.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	44.12%	7.83%	+36.29%

Volatility

NAIL vs. HOMZ - Volatility Comparison

Direxion Daily Homebuilders & Supplies Bull 3X ETF (NAIL) has a higher volatility of 27.85% compared to Hoya Capital Housing ETF (HOMZ) at 6.29%. This indicates that NAIL's price experiences larger fluctuations and is considered to be riskier than HOMZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NAIL	HOMZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	27.85%	6.29%	+21.56%
Volatility (6M) Calculated over the trailing 6-month period	65.81%	14.79%	+51.02%
Volatility (1Y) Calculated over the trailing 1-year period	88.16%	19.98%	+68.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	88.19%	21.68%	+66.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	89.87%	24.92%	+64.95%

NAIL vs. HOMZ - Expense Ratio Comparison

NAIL has a 0.96% expense ratio, which is higher than HOMZ's 0.30% expense ratio.

Dividends

NAIL vs. HOMZ - Dividend Comparison

NAIL's dividend yield for the trailing twelve months is around 0.77%, less than HOMZ's 2.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
HOMZ Hoya Capital Housing ETF	2.61%	2.54%	2.13%	2.08%	2.03%	1.21%	3.18%	1.24%	0.00%	0.00%
NAIL Direxion Daily Homebuilders & Supplies Bull 3X ETF	0.77%	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 HOMZ in my portfolio?

With a correlation of 0.92, NAIL and HOMZ move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, NAIL or HOMZ?

NAIL has higher volatility (27.85%) compared to HOMZ (6.29%). In terms of maximum drawdown, NAIL dropped -93.75% vs HOMZ's -48.10%.

Which ETF is better, NAIL or HOMZ?

On 5-year performance, HOMZ leads with 4.71% vs -13.41% for NAIL. On fees, HOMZ is cheaper at 0.30% per year. On volatility, HOMZ has been the lower-risk option at 6.29%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NAIL or HOMZ?

Over the 5-year period, HOMZ has performed better with a 4.71% return vs -13.41%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NAIL or HOMZ?

HOMZ is cheaper with a 0.30% expense ratio, compared with 0.96% for NAIL.

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

HOMZ has the higher dividend yield at 2.61%, compared with 0.77% for NAIL.

What is the main difference between NAIL and HOMZ?

NAIL tracks Dow Jones U.S. Select Home Construction Index, while HOMZ tracks Hoya Capital Housing 100 Index. They also come from different issuers: Direxion and Hoya Capital. Their fees differ too: 0.96% for NAIL and 0.30% for HOMZ.

Which has better risk-adjusted returns?

HOMZ currently has the higher Sharpe Ratio (0.37 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.