NAIL vs. MUU

Last updated Jun 24, 2026

NAIL (Direxion Daily Homebuilders & Supplies Bull 3X Shares) and MUU (Direxion Daily MU Bull 2X Shares) are both Leveraged Equities funds from Direxion - NAIL tracks the Dow Jones U.S. Select Home Construction Index (300%) while MUU tracks the Micron Technology, Inc. (200% Daily). Both are passively managed. At a 0.20 correlation, their price movements are largely independent. NAIL charges 0.99%/yr vs 1.01%/yr for MUU.

Performance

NAIL vs. MUU - 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 MU Bull 2X Shares (MUU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NAIL

• 1D: -0.37%
• 1M: 19.42%
• YTD: -12.96%
• 6M: -15.45%
• 1Y: -16.71%
• 3Y*: -13.68%
• 5Y*: -9.79%
• 10Y*: 6.00%

MUU

• 1D: -26.28%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NAIL vs. MUU - Yearly Performance Comparison

	2026 (YTD)
NAIL Direxion Daily Homebuilders & Supplies Bull 3X Shares	-0.44%
MUU Direxion Daily MU Bull 2X Shares	-12.11%

Correlation

The correlation between NAIL and MUU is 0.20, 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 Jun 16, 2026	0.20

Return for Risk

NAIL vs. MUU — Risk / Return Rank

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

NAIL

NAIL Risk / Return Rank: 8
NAIL Sharpe Ratio Rank: 7
NAIL Sortino Ratio Rank: 10
NAIL Omega Ratio Rank: 10
NAIL Calmar Ratio Rank: 7
NAIL Martin Ratio Rank: 7

MUU

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. MUU - 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 MU Bull 2X Shares (MUU). 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	MUU	Difference
Sharpe ratio: Return per unit of total volatility	-0.19	—	—
Sortino ratio: Return per unit of downside risk	0.36	—	—
Omega ratio: Gain probability vs. loss probability	1.04	—	—
Calmar ratio: Return relative to maximum drawdown	-0.25	—	—
Martin ratio: Return relative to average drawdown	-0.42	—	—

Drawdowns

NAIL vs. MUU - Drawdown Comparison

The maximum NAIL drawdown since its inception was -93.75%, which is greater than MUU's maximum drawdown of -26.28%. Use the drawdown chart below to compare losses from any high point for NAIL and MUU.

Drawdown Indicators

	NAIL	MUU	Difference
Max Drawdown Largest peak-to-trough decline	-93.75%	-26.28%	-67.47%
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	-75.13%	-26.28%	-48.85%
Average Drawdown Average peak-to-trough decline	-43.93%	-10.19%	-33.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	40.23%	—	—

Volatility

Volatility by Period

	NAIL	MUU	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.70%	—	—
Volatility (6M) Calculated over the trailing 6-month period	63.33%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	88.92%	295.32%	-206.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	87.48%	295.32%	-207.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	89.45%	295.32%	-205.87%

NAIL vs. MUU - Expense Ratio Comparison

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

Dividends

NAIL vs. MUU - Dividend Comparison

NAIL's dividend yield for the trailing twelve months is around 0.91%, while MUU has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
MUU Direxion Daily MU Bull 2X Shares	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	0.91%	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 MUU in my portfolio?

NAIL and MUU have a correlation of 0.20, 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 MUU?

On fees, NAIL is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NAIL or MUU?

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

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

NAIL has the higher dividend yield at 0.91%, compared with 0.00% for MUU.

What is the main difference between NAIL and MUU?

NAIL tracks Dow Jones U.S. Select Home Construction Index (300%), while MUU tracks Micron Technology, Inc. (200% Daily). Their fees differ too: 0.99% for NAIL and 1.01% for MUU.