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.
Key characteristics
| NAIL | TECL | |
|---|---|---|
| YTD Return | 9.11% | 23.25% |
| 1Y Return | 111.41% | 112.41% |
| 3Y Return (Ann) | 10.83% | 24.92% |
| 5Y Return (Ann) | 20.51% | 42.29% |
| Sharpe Ratio | 1.55 | 2.24 |
| Daily Std Dev | 76.14% | 53.90% |
| Max Drawdown | -93.75% | -77.96% |
| Current Drawdown | -21.08% | -8.57% |
Correlation
The correlation between NAIL and TECL is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
NAIL vs. TECL - Performance Comparison
In the year-to-date period, NAIL achieves a 9.11% return, which is significantly lower than TECL's 23.25% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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 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.
Dividends
NAIL vs. TECL - Dividend Comparison
NAIL's dividend yield for the trailing twelve months is around 0.21%, less than TECL's 0.27% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
NAIL Direxion Daily Homebuilders & Supplies Bull 3X Shares | 0.21% | 0.22% | 0.00% | 0.00% | 0.01% | 0.17% | 0.35% | 1.25% |
TECL Direxion Daily Technology Bull 3X Shares | 0.27% | 0.28% | 0.22% | 0.32% | 0.52% | 0.25% | 0.47% | 0.10% |
Drawdowns
NAIL vs. TECL - Drawdown Comparison
The maximum NAIL drawdown since its inception was -93.75%, which is greater than TECL's maximum drawdown of -77.96%. Use the drawdown chart below to compare losses from any high point for NAIL and TECL. For additional features, visit the drawdowns tool.
Volatility
NAIL vs. TECL - Volatility Comparison
Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) has a higher volatility of 21.72% compared to Direxion Daily Technology Bull 3X Shares (TECL) at 17.14%. This indicates that NAIL's price experiences larger fluctuations and is considered to be riskier than TECL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.