Key stats
About Direxion Daily Homebuilders & Supplies Bull 3X Shares
Expense ratio
0.96%
Home page
Inception date
Aug 19, 2015
NAIL provides a way for investors to get 3x levered bullish exposure to Dow Jones U.S. Select Home Index. The index is market-cap weighted and includes firms in home construction, furnishings and fixtures, home improvement retailers as well as, producers, sellers and suppliers of building materials. It should be noted that NAIL is designed to be a trading vehicle, and not meant for long-term investment, so trading costs are more important than the fund's fee. As it rebalances its levered exposure daily, compounding and path dependency will skew its long-term returns relative to its underlying index.
Classification
What's in the fund
Exposure type
Consumer Durables
Retail Trade
Cash
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.