NAIL vs. USD
Compare and contrast key facts about Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) and ProShares Ultra Semiconductors (USD).
NAIL and USD 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. USD is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Semiconductors Index (200%). It was launched on Jan 30, 2007. Both NAIL and USD 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 USD.
Key characteristics
| NAIL | USD | |
|---|---|---|
| YTD Return | 9.11% | 88.17% |
| 1Y Return | 111.41% | 261.00% |
| 3Y Return (Ann) | 10.83% | 57.04% |
| 5Y Return (Ann) | 20.51% | 61.24% |
| Sharpe Ratio | 1.55 | 4.21 |
| Daily Std Dev | 76.14% | 65.95% |
| Max Drawdown | -93.75% | -88.63% |
| Current Drawdown | -21.08% | -5.35% |
Correlation
The correlation between NAIL and USD is 0.49, 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. USD - Performance Comparison
In the year-to-date period, NAIL achieves a 9.11% return, which is significantly lower than USD's 88.17% 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. USD - Expense Ratio Comparison
NAIL has a 0.99% expense ratio, which is higher than USD's 0.95% expense ratio.
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.
Dividends
NAIL vs. USD - Dividend Comparison
NAIL's dividend yield for the trailing twelve months is around 0.21%, more than USD's 0.03% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NAIL Direxion Daily Homebuilders & Supplies Bull 3X Shares | 0.21% | 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 | 0.03% | 0.05% | 0.30% | 0.00% | 0.14% | 0.72% | 0.93% | 0.32% | 0.46% | 0.39% | 0.89% | 0.63% |
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 -88.63%. Use the drawdown chart below to compare losses from any high point for NAIL and USD. For additional features, visit the drawdowns tool.
Volatility
NAIL vs. USD - Volatility Comparison
The current volatility for Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) is 21.72%, while ProShares Ultra Semiconductors (USD) has a volatility of 24.22%. This indicates that NAIL experiences smaller price fluctuations and is considered to be less risky than USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.