NAIL vs. VGT

Last updated Jul 15, 2026

NAIL (Direxion Daily Homebuilders & Supplies Bull 3X Shares) and VGT (Vanguard Information Technology ETF) are both exchange-traded funds - NAIL is a Leveraged Equities fund tracking the Dow Jones U.S. Select Home Construction Index (300%), while VGT is a Technology Equities fund tracking the MSCI USA IMI Information Technology 25/50 Index. Both are passively managed. Over the past 10 years, NAIL returned 3.21%/yr vs 24.83%/yr for VGT. At a 0.47 correlation, their price movements are largely independent. NAIL charges 0.99%/yr vs 0.09%/yr for VGT.

Performance

NAIL vs. VGT - Performance Comparison

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

Returns By Period

In the year-to-date period, NAIL achieves a -16.63% return, which is significantly lower than VGT's 24.57% return. Over the past 10 years, NAIL has underperformed VGT with an annualized return of 3.21%, while VGT has yielded a comparatively higher 24.83% annualized return.

NAIL

• 1D: 2.44%
• 1M: -4.01%
• 6M: -41.20%
• YTD: -16.63%
• 1Y: -31.84%
• 3Y*: -20.84%
• 5Y*: -9.46%
• 10Y*: 3.21%

VGT

• 1D: 1.32%
• 1M: 0.44%
• 6M: 22.84%
• YTD: 24.57%
• 1Y: 40.37%
• 3Y*: 28.56%
• 5Y*: 18.99%
• 10Y*: 24.83%

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

NAIL vs. VGT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NAIL Direxion Daily Homebuilders & Supplies Bull 3X Shares	-16.63%	-40.43%	-22.83%	259.61%	-75.23%	168.20%	-32.08%	184.63%	-73.96%	268.71%
VGT Vanguard Information Technology ETF	24.57%	21.77%	29.30%	52.66%	-29.70%	30.45%	46.04%	48.62%	2.46%	37.08%

Correlation

The correlation between NAIL and VGT is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (3Y) Calculated over the trailing 3-year period	0.35
Correlation (5Y) Calculated over the trailing 5-year period	0.49
Correlation (10Y) Calculated over the trailing 10-year period	0.48
Correlation (All Time) Calculated using the full available price history since Aug 19, 2015	0.47

Over the past year, the correlation between NAIL and VGT has dropped to 0.18 - well below their long-term average of 0.47, suggesting their price drivers have been diverging.

NAIL vs. VGT - Sectors Allocation Comparison

Sectors	NAIL	VGT
Consumer Cyclical	71.3%	0.1%
Industrials	19.5%	0.3%
Basic Materials	8.7%	0.0%
Real Estate	0.5%	-
Communication Services	-	0.6%
Consumer Defensive	-	-
Energy	-	0.3%
Financial Services	-	0.5%
Healthcare	-	0.0%
Technology	-	98.5%
Utilities	-	-

Return for Risk

NAIL vs. VGT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NAIL

NAIL Risk / Return Rank: 7
NAIL Sharpe Ratio Rank: 6
NAIL Sortino Ratio Rank: 8
NAIL Omega Ratio Rank: 8
NAIL Calmar Ratio Rank: 5
NAIL Martin Ratio Rank: 6

VGT

VGT Risk / Return Rank: 60
VGT Sharpe Ratio Rank: 67
VGT Sortino Ratio Rank: 60
VGT Omega Ratio Rank: 60
VGT Calmar Ratio Rank: 62
VGT Martin Ratio Rank: 52

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. VGT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) and Vanguard Information Technology ETF (VGT). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	NAIL	VGT	Difference
Sharpe ratio: Return per unit of total volatility	-0.36	1.74	-2.09
Sortino ratio: Return per unit of downside risk	0.01	2.25	-2.24
Omega ratio: Gain probability vs. loss probability	1.00	1.29	-0.29
Calmar ratio: Return relative to maximum drawdown	-0.47	2.47	-2.94
Martin ratio: Return relative to average drawdown	-0.76	7.17	-7.93

NAIL vs. VGT - Sharpe Ratio Comparison

The current NAIL Sharpe Ratio is -0.36, which is lower than the VGT Sharpe Ratio of 1.74. The chart below compares the historical Sharpe Ratios of NAIL and VGT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NAIL vs. VGT - Drawdown Comparison

The maximum NAIL drawdown since its inception was -93.75%, which is greater than VGT's maximum drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for NAIL and VGT.

Drawdown Indicators

	NAIL	VGT	Difference
Max Drawdown Largest peak-to-trough decline	-93.75%	-54.63%	-39.12%
Max Drawdown (1Y) Largest decline over 1 year	-67.85%	-16.40%	-51.45%
Max Drawdown (3Y) Largest decline over 3 years	-82.09%	-27.23%	-54.86%
Max Drawdown (5Y) Largest decline over 5 years	-84.40%	-35.07%	-49.33%
Max Drawdown (10Y) Largest decline over 10 years	-93.75%	-35.07%	-58.68%
Current Drawdown Current decline from peak	-76.18%	-6.77%	-69.41%
Average Drawdown Average peak-to-trough decline	-44.08%	-7.94%	-36.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	41.98%	5.65%	+36.33%

Volatility

NAIL vs. VGT - Volatility Comparison

Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) has a higher volatility of 28.94% compared to Vanguard Information Technology ETF (VGT) at 9.18%. This indicates that NAIL's price experiences larger fluctuations and is considered to be riskier than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NAIL	VGT	Difference
Volatility (1M) Calculated over the trailing 1-month period	28.94%	9.18%	+19.76%
Volatility (6M) Calculated over the trailing 6-month period	63.56%	19.40%	+44.16%
Volatility (1Y) Calculated over the trailing 1-year period	89.78%	23.35%	+66.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	87.93%	25.69%	+62.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	89.63%	24.81%	+64.82%

NAIL vs. VGT - Expense Ratio Comparison

NAIL has a 0.99% expense ratio, which is higher than VGT's 0.09% expense ratio.

Dividends

NAIL vs. VGT - Dividend Comparison

NAIL's dividend yield for the trailing twelve months is around 0.75%, more than VGT's 0.37% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NAIL Direxion Daily Homebuilders & Supplies Bull 3X Shares	0.75%	1.55%	0.63%	0.22%	0.00%	0.00%	0.01%	0.17%	0.35%	1.25%	0.00%	0.00%
VGT Vanguard Information Technology ETF	0.37%	0.40%	0.60%	0.65%	0.91%	0.64%	0.82%	1.11%	1.29%	0.99%	1.31%	1.28%

Frequently Asked Questions

Can I hold both NAIL and VGT in my portfolio?

NAIL and VGT have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NAIL or VGT?

NAIL has higher volatility (28.94%) compared to VGT (9.18%). In terms of maximum drawdown, NAIL dropped -93.75% vs VGT's -54.63%.

Which ETF is better, NAIL or VGT?

On 10-year performance, VGT leads with 24.83% vs 3.21% for NAIL. On fees, VGT is cheaper at 0.09% per year. On volatility, VGT has been the lower-risk option at 9.18%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NAIL or VGT?

Over the 10-year period, VGT has performed better with a 24.83% return vs 3.21%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NAIL or VGT?

VGT is cheaper with a 0.09% expense ratio, compared with 0.99% for NAIL.

Which ETF pays a higher dividend yield, NAIL or VGT?

NAIL has the higher dividend yield at 0.75%, compared with 0.37% for VGT.

What is the main difference between NAIL and VGT?

NAIL is categorized as Leveraged Equities, while VGT is Technology Equities. NAIL tracks Dow Jones U.S. Select Home Construction Index (300%), while VGT tracks MSCI USA IMI Information Technology 25/50 Index. They also come from different issuers: Direxion and Vanguard. Their fees differ too: 0.99% for NAIL and 0.09% for VGT.

Which has better risk-adjusted returns?

VGT currently has the higher Sharpe Ratio (1.74 vs -0.36), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.