Exchange-Traded Funds (ETFs) have transformed the landscape of investment, offering diversification and exposure to various industries. In this article, we will undertake a comprehensive comparison between two notable ETFs: EWI (iShares MSCI Italy ETF) and NAIL (Direxion Daily Homebuilders & Supplies Bull 3X Shares). Let's explore their tickers, full names, issuers, sectors, top holdings, capitalization, strategies, tracking, and exposure.
EWI and NAIL are distinct ETFs operating within the construction sector. EWI aims to track the performance of the Italian equity market, providing exposure to Italian companies across various industries. On the other hand, NAIL seeks to provide daily 3x leveraged exposure to homebuilders and suppliers in the United States. These differing focuses result in unique risk and return profiles that investors should consider.
The EWI ETF provides broad exposure to sectors within the Italian market, including financials, energy, and consumer goods. NAIL, with its leveraged approach, primarily focuses on homebuilders and suppliers in the U.S., such as D.R. Horton, Lennar Corporation, and Home Depot. Understanding the sectors and top holdings helps investors gauge the industries and companies driving the ETF's performance.
EWI overlap EWI VS NAIL: A Comprehensive Comparison of ETFs
EWI has a significant asset under management (AUM) due to its exposure to the Italian equity market. Its strategy involves tracking the MSCI Italy Index, which represents a diverse range of Italian companies. NAIL's strategy, with its leveraged approach, aims to provide amplified daily returns based on the performance of U.S. homebuilders and suppliers. The contrast in capitalization and strategy influences potential returns and risks for investors.
EWI endeavors to mirror the performance of the MSCI Italy Index by investing in Italian companies across various sectors. In contrast, NAIL utilizes leverage to amplify daily returns based on the performance of U.S. homebuilders and suppliers. Investors considering these ETFs must comprehend their distinct tracking and exposure methods to align them with their investment goals and risk tolerance.
EWI and NAIL cater to different aspects of the construction sector, each offering unique exposure and opportunities. For investors seeking deeper insights into holdings, correlations, overlaps, and more, ETF insider serves as an invaluable tool. With its user-friendly app, investors can access extensive information about these and other financial instruments.
Disclaimer: This article does not provide any investment advisory services.
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EWI ETF issuer
EWI ETF official page
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