Tech was the obvious winner in 2025, amassing inflows across various ETFs that benefited from sector strength, such as the Direxion Daily Semiconductor Bull 3X Shares (SOXL). However, another leveraged fund that saw strong inflows of just over $500 million was the Direxion Daily Homebuilders and Supplies Bull 3X Shares (NAIL), which could be fueled by optimism.
If you're considering NAIL or already own shares, you're betting on a housing recovery with triple leverage.
The Direxion Daily Homebuilders & Supplies Bull 3X Shares ETF has had a strong start to 2026, driven by low valuations, rotation out of megacaps, and lower borrowing costs. Despite the strong returns, NAIL's one-year performance remains disappointing, with beta slippage weighing on returns amid significant financial market volatility. Holdings in NAIL's underlying index remain cheap relative to cyclical sectors such as financials, as well as the broader S&P 500.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| VAL VestGen Advisors LLC VestGen Advisors LLC | 6,200 | $307,644 | $235,352 | -$72,292 | -23.5% |
| DM David Morgante Variant Private Wealth LLC | 24,579 | $2.06M | $933,018.84 | -$1.13M | -54.8% |
| ARCA Exchange | US Country |
The fund is a specialized investment vehicle designed to offer investors 3X daily leveraged exposure to the U.S. home construction sector. Achieved through investing at least 80% of its net assets in financial instruments, this fund's strategy is crafted to leverage the movements of an index comprised of U.S. companies involved in the home construction industry. This encompasses a broad spectrum of activities, products, and services related to home building—from the actual construction of homes to the production, sale, and supply of necessary building materials, furnishings, and fixtures. It is important to note that the fund operates with a non-diversified portfolio, focusing its investments on a specific sector to achieve its investment objective.
The fund's investment focus includes a targeted selection of products and services within the home construction sector: