NAIL vs. WANT
Compare and contrast key facts about Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) and Direxion Daily Consumer Discretionary Bull 3X Shares (WANT).
NAIL and WANT 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. WANT is a passively managed fund by Direxion that tracks the performance of the S&P Consumer Discretionary Select Sector Index (-300%). It was launched on Nov 29, 2018. Both NAIL and WANT 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 WANT.
Performance
NAIL vs. WANT - Performance Comparison
Returns By Period
In the year-to-date period, NAIL achieves a 17.23% return, which is significantly lower than WANT's 43.80% return.
NAIL
17.23%
-18.89%
21.25%
87.59%
13.08%
N/A
WANT
43.80%
24.63%
60.42%
72.59%
9.79%
N/A
Key characteristics
| NAIL | WANT | |
|---|---|---|
| Sharpe Ratio | 1.05 | 1.36 |
| Sortino Ratio | 1.75 | 1.88 |
| Omega Ratio | 1.21 | 1.23 |
| Calmar Ratio | 1.78 | 0.95 |
| Martin Ratio | 4.31 | 5.81 |
| Ulcer Index | 18.90% | 12.31% |
| Daily Std Dev | 77.59% | 52.54% |
| Max Drawdown | -93.75% | -85.89% |
| Current Drawdown | -27.14% | -53.60% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
NAIL vs. WANT - Expense Ratio Comparison
NAIL has a 0.99% expense ratio, which is higher than WANT's 0.98% expense ratio.
Correlation
The correlation between NAIL and WANT is 0.66, 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.
Risk-Adjusted Performance
NAIL vs. WANT - 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 Consumer Discretionary Bull 3X Shares (WANT). 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. WANT - Dividend Comparison
NAIL's dividend yield for the trailing twelve months is around 0.40%, less than WANT's 0.67% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
NAIL Direxion Daily Homebuilders & Supplies Bull 3X Shares | 0.40% | 0.22% | 0.00% | 0.00% | 0.01% | 0.17% | 0.35% | 1.25% |
WANT Direxion Daily Consumer Discretionary Bull 3X Shares | 0.67% | 0.45% | 0.00% | 0.00% | 0.07% | 0.65% | 0.00% | 0.00% |
Drawdowns
NAIL vs. WANT - Drawdown Comparison
The maximum NAIL drawdown since its inception was -93.75%, which is greater than WANT's maximum drawdown of -85.89%. Use the drawdown chart below to compare losses from any high point for NAIL and WANT. For additional features, visit the drawdowns tool.
Volatility
NAIL vs. WANT - Volatility Comparison
Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) and Direxion Daily Consumer Discretionary Bull 3X Shares (WANT) have volatilities of 18.31% and 19.27%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.