SILJ vs. NAIL

Last updated Jun 9, 2026

SILJ (Amplify Junior Silver Miners ETF) and NAIL (Direxion Daily Homebuilders & Supplies Bull 3X Shares) are both exchange-traded funds - SILJ is a Silver fund tracking the Nasdaq Junior Silver Miners Index, while NAIL is a Leveraged Equities fund tracking the Dow Jones U.S. Select Home Construction Index (300%). Both are passively managed. Over the past 10 years, SILJ returned 8.17%/yr vs 3.80%/yr for NAIL. At a 0.18 correlation, their price movements are largely independent. SILJ charges 0.69%/yr vs 0.99%/yr for NAIL.

Performance

SILJ vs. NAIL - Performance Comparison

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

Returns By Period

In the year-to-date period, SILJ achieves a -4.81% return, which is significantly higher than NAIL's -23.54% return. Over the past 10 years, SILJ has outperformed NAIL with an annualized return of 8.17%, while NAIL has yielded a comparatively lower 3.80% annualized return.

SILJ

• 1D: -0.08%
• 1M: -17.04%
• YTD: -4.81%
• 6M: 7.21%
• 1Y: 79.14%
• 3Y*: 43.26%
• 5Y*: 11.05%
• 10Y*: 8.17%

NAIL

• 1D: -0.92%
• 1M: -3.69%
• YTD: -23.54%
• 6M: -33.60%
• 1Y: -22.27%
• 3Y*: -13.87%
• 5Y*: -13.16%
• 10Y*: 3.80%

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

SILJ vs. NAIL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SILJ Amplify Junior Silver Miners ETF	-4.81%	183.89%	6.39%	-5.21%	-15.42%	-23.21%	33.00%	57.06%	-27.95%	-5.65%
NAIL Direxion Daily Homebuilders & Supplies Bull 3X Shares	-23.54%	-40.43%	-22.83%	259.61%	-75.23%	168.20%	-32.08%	184.63%	-73.96%	268.71%

Correlation

The correlation between SILJ and NAIL is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.20
Correlation (3Y) Calculated over the trailing 3-year period	0.22
Correlation (5Y) Calculated over the trailing 5-year period	0.24
Correlation (10Y) Calculated over the trailing 10-year period	0.20
Correlation (All Time) Calculated using the full available price history since Aug 19, 2015	0.18

SILJ vs. NAIL - Sectors Allocation Comparison

Sectors	SILJ	NAIL
Basic Materials	99.8%	8.6%
Financial Services	0.3%	-
Consumer Defensive	0.2%	-
Communication Services	0.0%	-
Consumer Cyclical	-	71.8%
Energy	-	-
Healthcare	-	-
Industrials	-	19.1%
Real Estate	-	0.5%
Technology	-	-
Utilities	-	-

Return for Risk

SILJ vs. NAIL — Risk / Return Rank

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

SILJ

SILJ Risk / Return Rank: 43
SILJ Sharpe Ratio Rank: 45
SILJ Sortino Ratio Rank: 39
SILJ Omega Ratio Rank: 44
SILJ Calmar Ratio Rank: 51
SILJ Martin Ratio Rank: 38

NAIL

NAIL Risk / Return Rank: 8
NAIL Sharpe Ratio Rank: 7
NAIL Sortino Ratio Rank: 10
NAIL Omega Ratio Rank: 10
NAIL Calmar Ratio Rank: 6
NAIL Martin Ratio Rank: 7

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.

SILJ vs. NAIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Junior Silver Miners ETF (SILJ) and Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL). 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.

	SILJ	NAIL	Difference
Sharpe ratio: Return per unit of total volatility	1.43	-0.26	+1.68
Sortino ratio: Return per unit of downside risk	1.86	0.22	+1.64
Omega ratio: Gain probability vs. loss probability	1.26	1.02	+0.23
Calmar ratio: Return relative to maximum drawdown	2.29	-0.33	+2.62
Martin ratio: Return relative to average drawdown	5.48	-0.58	+6.06
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SILJ vs. NAIL - Sharpe Ratio Comparison

The current SILJ Sharpe Ratio is 1.43, which is higher than the NAIL Sharpe Ratio of -0.26. The chart below compares the historical Sharpe Ratios of SILJ and NAIL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SILJ	NAIL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.43	-0.26	+1.68
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.25	-0.15	+0.40
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.18	0.04	+0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.07	-0.00	+0.07

Drawdowns

SILJ vs. NAIL - Drawdown Comparison

The maximum SILJ drawdown since its inception was -79.04%, smaller than the maximum NAIL drawdown of -93.75%. Use the drawdown chart below to compare losses from any high point for SILJ and NAIL.

Drawdown Indicators

	SILJ	NAIL	Difference
Max Drawdown Largest peak-to-trough decline	-79.04%	-93.75%	+14.71%
Max Drawdown (1Y) Largest decline over 1 year	-34.71%	-67.85%	+33.14%
Max Drawdown (3Y) Largest decline over 3 years	-34.71%	-82.09%	+47.38%
Max Drawdown (5Y) Largest decline over 5 years	-55.47%	-84.40%	+28.93%
Max Drawdown (10Y) Largest decline over 10 years	-70.06%	-93.75%	+23.69%
Current Drawdown Current decline from peak	-34.64%	-78.15%	+43.51%
Average Drawdown Average peak-to-trough decline	-41.42%	-43.83%	+2.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.49%	38.74%	-24.25%

Volatility

SILJ vs. NAIL - Volatility Comparison

The current volatility for Amplify Junior Silver Miners ETF (SILJ) is 20.06%, while Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) has a volatility of 21.13%. This indicates that SILJ experiences smaller price fluctuations and is considered to be less risky than NAIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SILJ	NAIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.06%	21.13%	-1.07%
Volatility (6M) Calculated over the trailing 6-month period	46.73%	60.31%	-13.58%
Volatility (1Y) Calculated over the trailing 1-year period	55.89%	87.48%	-31.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.60%	86.98%	-42.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.33%	89.20%	-42.87%

SILJ vs. NAIL - Expense Ratio Comparison

SILJ has a 0.69% expense ratio, which is lower than NAIL's 0.99% expense ratio.

Dividends

SILJ vs. NAIL - Dividend Comparison

SILJ's dividend yield for the trailing twelve months is around 2.10%, more than NAIL's 1.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NAIL Direxion Daily Homebuilders & Supplies Bull 3X Shares	1.04%	1.55%	0.63%	0.22%	0.00%	0.00%	0.01%	0.17%	0.35%	1.25%	0.00%	0.00%
SILJ Amplify Junior Silver Miners ETF	2.10%	2.00%	7.26%	0.01%	0.05%	0.36%	1.23%	1.45%	1.66%	0.00%	0.52%	2.46%

Frequently Asked Questions

Can I hold both SILJ and NAIL in my portfolio?

SILJ and NAIL have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SILJ or NAIL?

NAIL has higher volatility (21.13%) compared to SILJ (20.06%). In terms of maximum drawdown, SILJ dropped -79.04% vs NAIL's -93.75%.

Which ETF is better, SILJ or NAIL?

On 10-year performance, SILJ leads with 8.17% vs 3.80% for NAIL. On fees, SILJ is cheaper at 0.69% per year. On volatility, SILJ has been the lower-risk option at 20.06%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SILJ or NAIL?

Over the 10-year period, SILJ has performed better with a 8.17% return vs 3.80%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SILJ or NAIL?

SILJ is cheaper with a 0.69% expense ratio, compared with 0.99% for NAIL.

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

SILJ has the higher dividend yield at 2.10%, compared with 1.04% for NAIL.

What is the main difference between SILJ and NAIL?

SILJ is categorized as Silver, while NAIL is Leveraged Equities. SILJ tracks Nasdaq Junior Silver Miners Index, while NAIL tracks Dow Jones U.S. Select Home Construction Index (300%). They also come from different issuers: Amplify and Direxion. Their fees differ too: 0.69% for SILJ and 0.99% for NAIL.

Which has better risk-adjusted returns?

SILJ currently has the higher Sharpe Ratio (1.43 vs -0.26), 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.