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NAIL vs. USD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between NAIL and USD is 0.47, 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.


-0.50.00.51.00.5

Performance

NAIL vs. USD - Performance Comparison

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

0.00%1,000.00%2,000.00%3,000.00%4,000.00%5,000.00%6,000.00%7,000.00%JulyAugustSeptemberOctoberNovemberDecember
138.32%
4,876.70%
NAIL
USD

Key characteristics

Sharpe Ratio

NAIL:

-0.15

USD:

1.61

Sortino Ratio

NAIL:

0.33

USD:

2.14

Omega Ratio

NAIL:

1.04

USD:

1.27

Calmar Ratio

NAIL:

-0.24

USD:

2.72

Martin Ratio

NAIL:

-0.57

USD:

6.81

Ulcer Index

NAIL:

20.33%

USD:

19.07%

Daily Std Dev

NAIL:

77.78%

USD:

80.53%

Max Drawdown

NAIL:

-93.75%

USD:

-87.93%

Current Drawdown

NAIL:

-47.58%

USD:

-24.73%

Returns By Period

In the year-to-date period, NAIL achieves a -15.67% return, which is significantly lower than USD's 127.64% return.


NAIL

YTD

-15.67%

1M

-28.08%

6M

-6.94%

1Y

-15.12%

5Y*

5.90%

10Y*

N/A

USD

YTD

127.64%

1M

-3.76%

6M

-24.73%

1Y

129.44%

5Y*

52.07%

10Y*

43.92%

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NAIL vs. USD - Expense Ratio Comparison

NAIL has a 0.99% expense ratio, which is higher than USD's 0.95% expense ratio.


NAIL
Direxion Daily Homebuilders & Supplies Bull 3X Shares
Expense ratio chart for NAIL: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%
Expense ratio chart for USD: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Risk-Adjusted Performance

NAIL vs. USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) and ProShares Ultra Semiconductors (USD). 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.


Sharpe ratio
The chart of Sharpe ratio for NAIL, currently valued at -0.15, compared to the broader market0.002.004.00-0.151.61
The chart of Sortino ratio for NAIL, currently valued at 0.33, compared to the broader market-2.000.002.004.006.008.0010.000.332.14
The chart of Omega ratio for NAIL, currently valued at 1.04, compared to the broader market0.501.001.502.002.503.001.041.27
The chart of Calmar ratio for NAIL, currently valued at -0.24, compared to the broader market0.005.0010.0015.00-0.242.72
The chart of Martin ratio for NAIL, currently valued at -0.57, compared to the broader market0.0020.0040.0060.0080.00100.00-0.576.81
NAIL
USD

The current NAIL Sharpe Ratio is -0.15, which is lower than the USD Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of NAIL and USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.005.00JulyAugustSeptemberOctoberNovemberDecember
-0.15
1.61
NAIL
USD

Dividends

NAIL vs. USD - Dividend Comparison

NAIL's dividend yield for the trailing twelve months is around 0.55%, more than USD's 0.02% yield.


TTM20232022202120202019201820172016201520142013
NAIL
Direxion Daily Homebuilders & Supplies Bull 3X Shares
0.55%0.22%0.00%0.00%0.01%0.17%0.35%1.25%0.00%0.00%0.00%0.00%
USD
ProShares Ultra Semiconductors
0.02%0.05%0.30%0.00%0.25%1.08%1.87%0.64%7.33%0.79%3.33%0.81%

Drawdowns

NAIL vs. USD - Drawdown Comparison

The maximum NAIL drawdown since its inception was -93.75%, which is greater than USD's maximum drawdown of -87.93%. Use the drawdown chart below to compare losses from any high point for NAIL and USD. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-47.58%
-24.73%
NAIL
USD

Volatility

NAIL vs. USD - Volatility Comparison

Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) has a higher volatility of 24.25% compared to ProShares Ultra Semiconductors (USD) at 17.34%. This indicates that NAIL's price experiences larger fluctuations and is considered to be riskier than USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


15.00%20.00%25.00%30.00%35.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
24.25%
17.34%
NAIL
USD
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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