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Beacon

NAILDirexion Daily Homebuilders & Supplies Bull 3X Shares

Take a bet10y track recordRanked #58 of 774 in this goal

Seeks daily investment results of 300% of the daily performance of the home construction sector index.

By Direxion Funds · Launched 2015

Annual Cost

0.96%

#4,795 of 5,568 · expensive

Fund Size

$679M

#1,349 of 5,568 · large

Return (1Y)Goal

+3.3%

Track Record

10 years

#1,332 of 5,568 · established

Performance

Total-return NAV · USD
Growth of $10,000
$8,279-17.2%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Leveraged

Index tracked

Dow Jones US Select Home Construction Index

What it actually holds

By weight

Concentration

Top 10 holdings = 69.9% of fundconcentrated

DREYFUS GOVERNMENT CASH MANAGE
23.0%
D.R. Horton, Inc.
10.5%
Lennar Corp.
7.2%
Pulte Group Inc
6.0%
NVR Inc
5.3%
GOLDMAN FINANCIAL
4.5%
The Sherwin-Williams Company
3.5%
Toll Brothers, Inc.
3.4%
Home Depot Inc.
3.3%
Lowes Companies, Inc.
3.2%

Asset allocation

Stocks
59.9%
Cash
40.1%

By sector

Consumer Cyclical
71.3%
Industrials
19.4%
Basic Materials
8.7%
Real Estate
0.5%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
89.0%High

Year-on-year price swings

Max drawdown
-93.8%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.24Below average
Sortino (3Y)
0.37Moderate downside risk

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results of 300% of the daily performance of the home construction sector index.
Strategy
Invests primarily in financial instruments providing 3x daily leveraged exposure to U.S. homebuilder and supplier companies. The fund rebalances daily to maintain its target exposure, focusing on stocks in the consumer discretionary and industrials sectors.
Inception date
August 19, 2015
Fund family
Direxion Funds

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged
Warning

Leveraged ETF — not a long-term hold

This fund uses leverage to amplify daily returns (e.g. 2x or 3x of an index). Daily rebalancing creates volatility decay — over weeks and months, the fund's return drifts from the stated multiple. In trending markets with low realised volatility, leveraged index ETFs can outperform their nominal multiple; in sideways or volatile markets they bleed. Designed for short-term tactical use, not buy-and-hold.

Source: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)

Why we flagged this: strategy=leveraged + leveraged_name_or_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-20