NAIL vs. TERG

Last updated Apr 2, 2026

Compare and contrast key facts about Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) and Leverage Shares 2X Long TER Daily ETF (TERG).

NAIL and TERG 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. TERG is an actively managed fund by Leverage Shares. It was launched on Nov 17, 2025.

Performance

NAIL vs. TERG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) and Leverage Shares 2X Long TER Daily ETF (TERG). The values are adjusted to include any dividend payments, if applicable.

NAIL vs. TERG - Yearly Performance Comparison

	2026 (YTD)	2025
NAIL Direxion Daily Homebuilders & Supplies Bull 3X Shares	-22.60%	4.00%
TERG Leverage Shares 2X Long TER Daily ETF	102.79%	28.17%

Returns By Period

In the year-to-date period, NAIL achieves a -22.60% return, which is significantly lower than TERG's 102.79% 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%

TERG

• 1D: 14.40%
• 1M: -19.76%
• YTD: 102.79%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NAIL vs. TERG - Expense Ratio Comparison

NAIL has a 0.99% expense ratio, which is higher than TERG's 0.75% expense ratio.

NAIL

Direxion Daily Homebuilders & Supplies Bull 3X Shares

TERG

Leverage Shares 2X Long TER Daily ETF

Return for Risk

NAIL vs. TERG — 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

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. TERG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) and Leverage Shares 2X Long TER Daily ETF (TERG). 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	TERG	Difference
Sharpe ratio Return per unit of total volatility	-0.42	—	—
Sortino ratio Return per unit of downside risk	-0.13	—	—
Omega ratio Gain probability vs. loss probability	0.99	—	—
Calmar ratio Return relative to maximum drawdown	-0.59	—	—
Martin ratio Return relative to average drawdown	-1.21	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	NAIL	TERG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.42	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.16	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.05	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.00	10.56	-10.56

Correlation

The correlation between NAIL and TERG is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

NAIL vs. TERG - Dividend Comparison

NAIL's dividend yield for the trailing twelve months is around 1.03%, while TERG 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%
TERG Leverage Shares 2X Long TER Daily ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

NAIL vs. TERG - Drawdown Comparison

The maximum NAIL drawdown since its inception was -93.75%, which is greater than TERG's maximum drawdown of -39.32%. Use the drawdown chart below to compare losses from any high point for NAIL and TERG.

Drawdown Indicators

	NAIL	TERG	Difference
Max Drawdown Largest peak-to-trough decline	-93.75%	-39.32%	-54.43%
Max Drawdown (1Y) Largest decline over 1 year	-63.82%	—	—
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	-77.88%	-30.58%	-47.30%
Average Drawdown Average peak-to-trough decline	-43.27%	-9.77%	-33.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	31.44%	—	—

Volatility

Volatility by Period

	NAIL	TERG	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.46%	—	—
Volatility (6M) Calculated over the trailing 6-month period	57.44%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	90.64%	124.59%	-33.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	86.63%	124.59%	-37.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	88.61%	124.59%	-35.98%