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TSXU

GradeDNew York Stock Exchange Arca

Direxion Daily Semiconductors Top 5 Bull 2X ETF

Leveraged · Leveraged & Inverse · Direxion · Inception 2025-10-01

This fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$62.04−2.96 (−4.55%)

As of Sep 23, 2026, 2:18 PM EDT

History starts Oct 1, 2025.History starts Oct 1, 2025.
Intraday session: down, 47 prints from 65.00 to 62.04. Range 61.25 to 63.71. Use the arrow keys to read each point.$61.00$63.00$64.0010 AM12 PM2 PM4 PM
Expense ratio
5.11%
Fund size
$17M
1Y return
—
Yield · Last 12 months
Data unavailable
Volume · 30D
0.1M sh
NAV per share
$56.84
52W range
low $21.40high $72.42

The ETF.net TSXU Grade

D

29/ 100

Rank 85 of 99 in Leveraged Long (2x & Other)⁠

Confidence Medium

Six-pillar profile for TSXU. Scores out of 100: Cost 4, Risk 50, Mission not scored, Tradability 53, Holdings not scored, Durability 51. Strongest: Tradability (53). Weakest: Cost (4). Based on 4 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 29 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 4
    Category rank95/99 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 50
    Category rank49/94 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 53
    Category rank44/99 · top 44%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 51
    Category rank52/99 · mid-pack

Graded as of Sep 22, 2026 · Based on 4 of 6 pillars

Our read on TSXU

ETF.net Research

DMost chip ETFs hand you thirty-odd names. This one tracks five, equal weighted at 20% apiece, and aims to double their move every single day. A short-horizon trading instrument with a reset button, not a buy-and-hold sleeve.

Stated mandate

The Fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of the NYSE Semiconductor Top 5 Equal Weight Index.

Why people hold it

  1. 01Mechanics are plain: it targets 200% of the daily move of the NYSE Semiconductor Top 5 Equal Weight Index. A 1% index day aims at 2%, in whichever direction the chips go.direxion.com
  2. 02The index is five chip giants at 20% each, reset to equal weight quarterly and reconstituted when a name falls out of the top five by market cap. Concentrated by design, and you can name every holding.direxion.com
  3. 03Equal weight keeps one mega-cap from running the whole basket, a different build from the modified cap-weighted chip benchmarks the large sector funds follow.direxion.comnasdaq.com
  4. 04Direxion runs a mirror bear fund (TSXD) on the identical index at -200% daily, so the same five-name basket is available from either side of the trade.direxion.com

Worth knowing

  1. 01It charges 5.11% a year against a 0.35% median for semiconductor ETFs. Unleveraged chip funds like CHPS (0.15%) and SOXQ (0.19%) cost a sliver of that.
  2. 02The 2X target resets daily. Hold past one session and compounding takes over, so results can diverge sharply from twice the index's return for that stretch, especially in choppy markets.direxion.com
  3. 03Launched in 2025, small, and among the lighter-traded names in the chip category, so bid-ask spreads and position sizing carry more weight than with the household chip ETFs.

TSXU Holdings

As of Sep 22, 2026, 10:02 PM
Asset class
Stocks
Holdings
—
Top-10 weight
86%
Largest holding
SEMIEW SWAP ASSET LEG (SEMIEWGSL)13.9%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—SEMIEW SWAP ASSET LEG (SEMIEWGSL)13.89%1,990$6M1
002—SEMIEW SWAP ASSET LEG (SEMIEWBPL)12.96%1,856$5M1
003—SEMIEW SWAP ASSET LEG (SEMIEWMLL)12.64%1,810$5M1
004—DREYFUS TRSRY SECURITIES CASH MGMT10.48%4,320,265$4M82
005—DREYFUS GOVT CASH MAN INS9.51%3,920,927$4M108
006—RECV SEMIEW ASSET SWAP7.56%1,083$3M1
007—SEMIEW SWAP ASSET LEG (SEMIEWBCL)6.68%957$3M1
008—GOLDMAN FINL SQ TRSRY INST 5064.62%1,904,642$2M100
009MUMICRON TECHNOLOGY INC3.71%1,464$2M655
010NVDANVIDIA CORP3.61%6,541$1M828
011TSMTAIWAN SEMICONDUCTOR-SP ADR3.56%3,296$1M268
012—SEMIEW SWAP ASSET LEG (SEMIEWCTL)3.49%500$1M1
013AVGOBROADCOM INC3.47%3,944$1M732
014SKHYSK HYNIX INC-ADR3.44%7,512$1M16
015—GOLDMAN SACHS FIN GOV 465 INSTITUT0.37%152,000$152K75

Showing 1–15 of 15 holdings

TSXU Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

TSXU$22,710
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,430
Dec 31, 2025 to Sep 22, 2026. TSXU $22,710. SPY $11,430. Use the arrow keys to read each point.$6,938$16,496$26,054Dec 2025May 2026Sep 2026

Dec 31, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for TSXU. Periods over one year show the average yearly return.
PeriodTSXU
Year to date+127.1%
1 month+20.0%
3 months−8.2%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for TSXU
YearReturn barTSXU
2026 YTD+127.1%
2025+13.6%

Since listing, Oct 1, 2025

TSXU in the news

ETF.net Research hasn’t filed on TSXU yet — coverage lands here as it’s written.

TSXU Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Upcoming payment
$0.09 per share
Pays on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 5 payments from 2025 to 2026 YTD. Dec 10, 2025 $0.60; Dec 23, 2025 $0.14; Mar 24, 2026 $0.10; Jun 23, 2026 $0.17; Sep 22, 2026 $0.09. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Sep 22, 2026Pays Sep 29, 2026$0.09
Jun 23, 2026Jun 30, 2026$0.17
Mar 24, 2026Mar 31, 2026$0.10
Dec 23, 2025Dec 31, 2025$0.14
Dec 10, 2025Dec 17, 2025$0.60

TSXU Risk

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Oct 2025; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Oct 2025; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Oct 2025; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
5.51
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

TSXU Cost

Expense ratio5.11%
  • The middle half of Leveraged Long (2x & Other) funds
  • Median 0.99%

88 of the 93 Leveraged Long (2x & Other) funds charge less.

TSXU costs $511.00 a year on $10,000. The median Leveraged Long (2x & Other) fund costs $99.00.