CNEQ vs NAIL

Comparison between ALGER CONCENTRATED EQUITY ETF (CNEQ, ETF) and DIREXION DAILY HOMEBUILDERS & SUPPLIES BULL 3X SHARES (NAIL, ETF).

CNEQ vs NAIL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CNEQ(ETF)	NAIL(ETF)
Net Assets	$732M	$732M
Expense Ratio	0.56%	N/A
Max Drawdown	27.58%	93.79%
Sharpe Ratio	1.05	-0.01
5Y Beta	1.45	2.41
P/E Ratio	42.28	17.29
Forward P/E	25.13	15.11
PEG Ratio	0.28	1.75
5Y EPS CAGR	43.23%	9.91%
Debt to Equity	N/A	-6.23%
P/S Ratio	3.83	1.19
P/B Ratio	9.29	2.09

Net Assets

CNEQ

$732M

NAIL

$732M

Expense Ratio

CNEQ

0.56%

NAIL

N/A

Max Drawdown

Winner

CNEQ

27.58%

NAIL

93.79%

Sharpe Ratio

Winner

CNEQ

1.05

NAIL

-0.01

5Y Beta

Winner

CNEQ

1.45

NAIL

2.41

P/E Ratio

CNEQ

42.28

Winner

NAIL

17.29

Forward P/E

CNEQ

25.13

Winner

NAIL

15.11

PEG Ratio

Winner

CNEQ

0.28

NAIL

1.75

5Y EPS CAGR

Winner

CNEQ

43.23%

NAIL

9.91%

Debt to Equity

CNEQ

N/A

NAIL

-6.23%

P/S Ratio

CNEQ

3.83

Winner

NAIL

1.19

P/B Ratio

CNEQ

9.29

Winner

NAIL

2.09

CNEQ vs NAIL - Holdings Comparison

CNEQ and NAIL have 1 common holdings. Overlap is -0.13%

CNEQ's top 25 holdings weight is 94.55%. NAIL's top 25 holdings weight is 96.70%.

Rank	CNEQ	NAIL
#1	NVIDIA CORP (NVDA) - 12.98%	DREYFUS GOVT CASH MAN INS (n/a) - 14.67%
#2	MICROSOFT CORP (MSFT) - 6.12%	D.R. HORTON INC (DHI) - 11.54%
#3	ALPHABET INC CLASS C (GOOG) - 5.94%	GOLDMAN FINL SQ TRSRY INST 506 (n/a) - 8.69%
#4	TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD ADR (TSM) - 5.87%	DOW JONES U.S. SELECT HOME BUILDERS INDEX SWAP (n/a) - 7.14%
#5	ANTHROPIC (n/a) - 5.25%	PULTEGROUP INC (PHM) - 6.92%
#6	APPLE INC (AAPL) - 4.86%	LENNAR CORP CLASS A (LEN) - 5.25%
#7	WESTERN DIGITAL CORP (WDC) - 4.78%	NVR INC (NVR) - 5.02%
#8	AMAZON.COM INC (AMZN) - 4.23%	TOLL BROTHERS INC (TOL) - 3.71%
#9	BROADCOM INC (AVGO) - 4.20%	SHERWIN-WILLIAMS CO (SHW) - 3.45%
#10	NEBIUS GROUP NV SHS CLASS-A- (NBIS) - 4.11%	THE HOME DEPOT INC (HD) - 3.38%
#11	SPACE EXPLORATION TECHNOLOGIES CORP CLASS A (SPCX) - 3.41%	LOWE'S COMPANIES INC (LOW) - 3.06%
#12	TESLA INC (TSLA) - 3.21%	LENNOX INTERNATIONAL INC (LII) - 2.62%
#13	TALEN ENERGY CORP ORDINARY SHARES NEW (TLN) - 3.14%	CASH (n/a) - 2.57%
#14	GE VERNOVA INC (GEV) - 3.04%	MASCO CORP (MAS) - 2.30%
#15	META PLATFORMS INC CLASS A (META) - 3.03%	DREYFUS TRSRY SECURITIES CASH MGMT (n/a) - 2.20%
#16	APPLOVIN CORP ORDINARY SHARES CLASS A (APP) - 2.76%	TAYLOR MORRISON HOME CORP (TMHC) - 1.99%
#17	QXO INC (QXO) - 2.75%	OWENS-CORNING INC (OC) - 1.69%
#18	SEA LTD ADR (SE) - 2.49%	INSTALLED BUILDING PRODUCTS INC (IBP) - 1.49%
#19	HEICO CORP CLASS A (HEI-A) - 2.09%	GOLDMAN SACHS FIN GOV 465 INSTITUT (n/a) - 1.48%
#20	FIGURE AI (n/a) - 2.02%	MERITAGE HOMES CORP (MTH) - 1.46%
#21	ASTERA LABS INC (ALAB) - 1.78%	CHAMPION HOMES INC (SKY) - 1.33%
#22	ELI LILLY AND CO (LLY) - 1.76%	CAVCO INDUSTRIES INC (CVCO) - 1.29%
#23	MICRON TECHNOLOGY INC (MU) - 1.64%	BUILDERS FIRSTSOURCE INC (BLDR) - 1.19%
#24	NATERA INC (NTRA) - 1.58%	SIMPSON MANUFACTURING CO INC (SSD) - 1.14%
#25	NOVO NORDISK AS ADR (NVO) - 1.51%	M/I HOMES INC (MHO) - 1.12%
Total Holdings	31	50

CNEQ vs NAIL - Historical Returns

Returns include dividend reinvestment.

Period	CNEQ	NAIL
1 month	-3.66%	-11.56%
3 months	+9.93%	-23.86%
6 months	+16.00%	-44.11%
1 year	+30.66%	-29.80%
5 years(CAGR)	N/A	-12.35%
10 years(CAGR)	N/A	+2.38%
Max(CAGR)	+34.67%	+0.03%

Winner

CNEQ

-3.66%

NAIL

-11.56%

Winner

CNEQ

+9.93%

NAIL

-23.86%

Winner

CNEQ

+16.00%

NAIL

-44.11%

Winner

CNEQ

+30.66%

NAIL

-29.80%

5Y(CAGR)

CNEQ

N/A

NAIL

-12.35%

10Y(CAGR)

CNEQ

N/A

NAIL

+2.38%

Max(CAGR)

Winner

CNEQ

+34.67%

NAIL

+0.03%

CNEQ vs NAIL - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	CNEQ	NAIL
2026	+14.29%	-25.48%
2025	+32.33%	-37.99%
2024	+28.84%	-19.78%
2023	N/A	+246.13%
2022	N/A	-73.19%
2021	N/A	+182.45%
2020	N/A	-31.74%
2019	N/A	+172.28%
2018	N/A	-74.43%
2017	N/A	+259.89%
2016	N/A	+1.25%
2015	N/A	-27.37%

CNEQ vs NAIL Drawdown Comparison

The maximum drawdown for CNEQ was -27.58%, occurring on Apr 8, 2025. Recovery took 77 trading sessions.

The maximum drawdown for NAIL was -93.75%, occurring on Mar 23, 2020. Recovery took 829 trading sessions.

The current CNEQ drawdown is -5.55%. The current NAIL drawdown is -77.92%.

Rank	CNEQ	NAIL
#1	-27.58% Feb 14, 2025 - Jun 6, 2025	-93.75% Jan 22, 2018 - May 7, 2021
#2	-19.31% Oct 29, 2025 - Apr 24, 2026	-84.40% Dec 10, 2021 - Mar 1, 2024
#3	-15.11% Jul 10, 2024 - Sep 25, 2024	-82.09% Oct 18, 2024 - May 19, 2026
#4	-8.57% Jun 2, 2026 - Jun 18, 2026	-64.36% Aug 19, 2015 - Mar 16, 2017
#5	-8.39% Jun 18, 2026 - Jul 17, 2026	-44.96% Mar 28, 2024 - Jul 30, 2024
#6	-7.66% Apr 11, 2024 - May 15, 2024	-41.09% May 10, 2021 - Dec 6, 2021
#7	-7.47% Jan 23, 2025 - Feb 14, 2025	-26.59% Jul 30, 2024 - Aug 23, 2024
#8	-5.20% Oct 9, 2025 - Oct 28, 2025	-15.19% Aug 23, 2024 - Sep 13, 2024
#9	-4.68% Jan 6, 2025 - Jan 22, 2025	-14.10% Aug 8, 2017 - Sep 12, 2017
#10	-4.56% Dec 16, 2024 - Jan 6, 2025	-13.25% Sep 19, 2024 - Oct 18, 2024
#11	-4.25% Aug 12, 2025 - Sep 8, 2025	-9.62% Mar 13, 2024 - Mar 20, 2024
#12	-3.79% May 14, 2026 - May 21, 2026	-9.25% Mar 16, 2017 - Apr 27, 2017
#13	-3.42% Oct 29, 2024 - Nov 6, 2024	-9.17% Dec 4, 2017 - Dec 21, 2017
#14	-3.14% Jun 18, 2024 - Jul 3, 2024	-7.26% Jul 10, 2017 - Aug 4, 2017
#15	-2.88% Dec 6, 2024 - Dec 16, 2024	-7.15% Nov 1, 2017 - Nov 13, 2017

Correlation

Correlation between CNEQ and NAIL is -0.68 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.68

-101