NAIL vs. LGIH

Last updated Apr 2, 2026

Compare and contrast key facts about Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) and LGI Homes, Inc. (LGIH).

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.

Performance

NAIL vs. LGIH - Performance Comparison

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

NAIL vs. LGIH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NAIL Direxion Daily Homebuilders & Supplies Bull 3X Shares	-22.60%	-40.43%	-22.83%	259.61%	-75.23%	168.20%	-32.08%	184.63%	-73.96%	268.71%
LGIH LGI Homes, Inc.	-11.06%	-51.95%	-32.86%	43.80%	-40.06%	45.94%	49.82%	56.24%	-39.73%	161.16%

Returns By Period

In the year-to-date period, NAIL achieves a -22.60% return, which is significantly lower than LGIH's -11.06% return. Over the past 10 years, NAIL has underperformed LGIH with an annualized return of 4.24%, while LGIH has yielded a comparatively higher 4.74% annualized return.

NAIL

• 1D: 1.03%
• 1M: -36.70%
• YTD: -22.60%
• 6M: -48.88%
• 1Y: -37.99%
• 3Y*: -4.41%
• 5Y*: -13.73%
• 10Y*: 4.24%

LGIH

• 1D: -3.34%
• 1M: -23.73%
• YTD: -11.06%
• 6M: -27.43%
• 1Y: -42.12%
• 3Y*: -30.54%
• 5Y*: -24.23%
• 10Y*: 4.74%

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

Return for Risk

NAIL vs. LGIH — Risk / Return Rank

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

NAIL

NAIL Risk / Return Rank: 5
NAIL Sharpe Ratio Rank: 5
NAIL Sortino Ratio Rank: 8
NAIL Omega Ratio Rank: 8
NAIL Calmar Ratio Rank: 3
NAIL Martin Ratio Rank: 3

LGIH

LGIH Risk / Return Rank: 10
LGIH Sharpe Ratio Rank: 11
LGIH Sortino Ratio Rank: 11
LGIH Omega Ratio Rank: 14
LGIH Calmar Ratio Rank: 9
LGIH Martin Ratio Rank: 4

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. LGIH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) and LGI Homes, Inc. (LGIH). 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	LGIH	Difference
Sharpe ratio Return per unit of total volatility	-0.42	-0.70	+0.28
Sortino ratio Return per unit of downside risk	-0.13	-0.95	+0.82
Omega ratio Gain probability vs. loss probability	0.99	0.90	+0.09
Calmar ratio Return relative to maximum drawdown	-0.59	-0.86	+0.27
Martin ratio Return relative to average drawdown	-1.21	-1.71	+0.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NAIL vs. LGIH - Sharpe Ratio Comparison

The current NAIL Sharpe Ratio is -0.42, which is higher than the LGIH Sharpe Ratio of -0.70. The chart below compares the historical Sharpe Ratios of NAIL and LGIH, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NAIL	LGIH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.42	-0.70	+0.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.16	-0.51	+0.35
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.05	0.09	-0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.00	0.19	-0.18

Correlation

The correlation between NAIL and LGIH is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

NAIL vs. LGIH - Dividend Comparison

NAIL's dividend yield for the trailing twelve months is around 1.03%, while LGIH has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
NAIL Direxion Daily Homebuilders & Supplies Bull 3X Shares	1.03%	1.55%	0.63%	0.22%	0.00%	0.00%	0.01%	0.17%	0.35%	1.25%
LGIH LGI Homes, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

NAIL vs. LGIH - Drawdown Comparison

The maximum NAIL drawdown since its inception was -93.75%, which is greater than LGIH's maximum drawdown of -81.33%. Use the drawdown chart below to compare losses from any high point for NAIL and LGIH.

Drawdown Indicators

	NAIL	LGIH	Difference
Max Drawdown Largest peak-to-trough decline	-93.75%	-81.33%	-12.42%
Max Drawdown (1Y) Largest decline over 1 year	-63.82%	-49.25%	-14.57%
Max Drawdown (5Y) Largest decline over 5 years	-84.40%	-81.33%	-3.07%
Max Drawdown (10Y) Largest decline over 10 years	-93.75%	-81.33%	-12.42%
Current Drawdown Current decline from peak	-77.88%	-79.16%	+1.28%
Average Drawdown Average peak-to-trough decline	-43.27%	-27.35%	-15.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	31.44%	24.89%	+6.55%

Volatility

NAIL vs. LGIH - Volatility Comparison

Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) has a higher volatility of 24.46% compared to LGI Homes, Inc. (LGIH) at 17.03%. This indicates that NAIL's price experiences larger fluctuations and is considered to be riskier than LGIH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NAIL	LGIH	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.46%	17.03%	+7.43%
Volatility (6M) Calculated over the trailing 6-month period	57.44%	41.21%	+16.23%
Volatility (1Y) Calculated over the trailing 1-year period	90.64%	60.09%	+30.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	86.63%	48.10%	+38.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	88.61%	50.16%	+38.45%