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Direxion Daily Semiconductors Top 5 Bull 2X ETF

TSXUNYSE ArcaDirexionDThis 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.

$35.78−0.87 (−2.37%)

As of Nov 10, 2026, 11:20 AM ET

D38/ 100

Rank 70 of 99 in Leveraged Long (2x & Other)

D38/100Rank 70 of 99inLeveraged Long (2x & Other)
Intraday session: down, 23 prints from 36.65 to 35.78. Range 35.32 to 37.50. Use the arrow keys to read each point.35.5037.0037.5010 AM12 PM2 PM4 PM
Expense ratio
0.97%*
Fund size
$10M
1Y total return
+25.6%
Yield · Last 12 months
No data
Holdings
15
Avg volume · 30D
203K sh
52W range
low $23.29high $72.42
Launched

*After a fee waiver that ends Sep 1, 2027. Without it: 5.11%.

The ETF.net TSXU Grade

Based on 4 of 6 pillars

D

Score 38 out of 100

Category
Leveraged Long (2x & Other)⁠
Rank
70 of 99
Six-pillar profile for TSXU. Scores out of 100: Cost 29, Risk 40, Mission not scored, Tradability 54, Holdings not scored, Durability 49. Strongest: Tradability (54). Weakest: Cost (29). Based on 4 of 6 pillars.

Score 38 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    D29 out of 100
    Rank 68 of 99

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C40 out of 100
    Rank 66 of 98

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C54 out of 100
    Rank 48 of 99

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C49 out of 100
    Rank 52 of 99

Our read on TSXU

ETF.net Research

In short

DMost leveraged chip plays spread across the whole industry. This one goes narrow: 2x the daily move of an equal-weighted index of five semiconductor giants, reset every single day.

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

  • Concentration is the point: the reference index holds five of the largest US-listed chip names, equal weighted, so no single mega-cap swallows the basket.direxion.com
  • Cost sits near the middle of the leveraged-bull pack: 0.97% net of a waiver through September 1, 2027, against 0.94% for broad-basket 2x semis fund USD.
  • Direxion built it as a matched pair, a 2X bull and a -2X bear on the same index, so traders can lean either way with identical mechanics.direxion.com

Worth knowing

  • The 2x target applies to one day. Hold longer and each day's return compounds off the last, so multi-day results can drift well away from 2x the index.direxion.com
  • Five holdings, no diversification cushion. The fund is non-diversified, and one chip name's rough session moves the entire portfolio.direxion.com
  • That 0.97% is a waived figure: gross runs 5.11%, with the waiver in place through September 1, 2027.

TSXU Performance

Launched Oct 1, 2025

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

Not enough history yet.Not enough history yet.Not enough history yet.
TSXU$12,556
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,339
Nov 7, 2025 to Nov 9, 2026. TSXU $12,556. SPY $11,339. Use the arrow keys to read each point.$10,000$15,000$20,000$25,000Nov 2025May 2026Nov 2026

Nov 7, 2025 – Nov 9, 2026

Returns run to the Nov 9, 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+28.1%
1 month−38.0%
3 months−36.2%
1 year+25.6%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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+28.1%
2025+13.6%

Since listing, Oct 1, 2025

TSXU in the news

TSXU Dividends

Last payment
$0.09 per share
Paid 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, 2026Sep 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

$10,000 in TSXU 1 year ago paid $349 in dividends.

TSXU Risk

Risk pillarC40 out of 100Rank 66 of 98 in Leveraged Long (2x & Other)

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.
91.7%
Annualised · 12 months to Oct 2026
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.
0.67
vs 3-month T-bills · 12 months to Oct 2026
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.
−55.0%
13 months · trough Nov 2026
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.
5.63
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.

FMP measures it over up to five years of monthly returns.

TSXU Cost

Compare TSXU and WX

Overpaying vs WX, cheapest in Leveraged Long (2x & Other)

$14,043

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • TSXU 0.97%

    $18,198

  • WX 0.20% Cheapest

    $4,155

$10,000
30 years

Cost over time

  • TSXU 0.97%
  • WX 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530TSXU $18,198WX $4,155

Year by year

YearTSXUWXOverpaying
10$1,712$365$1,347
20$6,443$1,421$5,022
30$18,198$4,155$14,043
How the 0.97% is worked out

Full fee 5.11%− waiver 4.14%= you pay 0.97%

The waiver ends Sep 1, 2027. After that the fee is 5.11% unless Direxion renews it. Source: prospectus, Mar 2026.

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