NAIL vs. TECL
Compare and contrast key facts about Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) and Direxion Daily Technology Bull 3X Shares (TECL).
NAIL and TECL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. TECL is a passively managed fund by Direxion that tracks the performance of the Technology Select Sector Index (300%). It was launched on Dec 17, 2008. Both NAIL and TECL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NAIL or TECL.
Correlation
The correlation between NAIL and TECL is 0.80, 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.
Performance
NAIL vs. TECL - Performance Comparison
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Key characteristics
NAIL:
74.87%
TECL:
41.24%
NAIL:
-6.28%
TECL:
-2.50%
NAIL:
-2.85%
TECL:
-0.07%
Returns By Period
NAIL
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TECL
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NAIL vs. TECL - Expense Ratio Comparison
NAIL has a 0.99% expense ratio, which is lower than TECL's 1.08% expense ratio.
Risk-Adjusted Performance
NAIL vs. TECL — Risk-Adjusted Performance Rank
NAIL
TECL
NAIL vs. TECL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) and Direxion Daily Technology Bull 3X Shares (TECL). 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. TECL - Dividend Comparison
NAIL's dividend yield for the trailing twelve months is around 1.53%, more than TECL's 0.58% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
NAIL Direxion Daily Homebuilders & Supplies Bull 3X Shares | 1.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TECL Direxion Daily Technology Bull 3X Shares | 0.58% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
NAIL vs. TECL - Drawdown Comparison
The maximum NAIL drawdown since its inception was -6.28%, which is greater than TECL's maximum drawdown of -2.50%. Use the drawdown chart below to compare losses from any high point for NAIL and TECL. For additional features, visit the drawdowns tool.
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Volatility
NAIL vs. TECL - Volatility Comparison
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