ARKK vs. TSXU

Last updated Jun 5, 2026

ARKK (ARK Innovation ETF) and TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) are both exchange-traded funds - ARKK is a Technology Equities fund actively managed by ARK, while TSXU is a Leveraged Equities fund tracking the Solactive Semiconductor Top 5 Index (2x). ARKK is actively managed, while TSXU is passively managed. A 0.62 correlation means they provide meaningful diversification when combined. ARKK charges 0.75%/yr vs 1.05%/yr for TSXU.

Performance

ARKK vs. TSXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARK Innovation ETF (ARKK) and Direxion Daily Semiconductors Top 5 Bull 2X Shares (TSXU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARKK achieves a 4.10% return, which is significantly lower than TSXU's 126.91% return.

ARKK

• 1D: 2.44%
• 1M: 4.56%
• YTD: 4.10%
• 6M: -3.12%
• 1Y: 38.10%
• 3Y*: 24.28%
• 5Y*: -5.81%
• 10Y*: 15.82%

TSXU

• 1D: -6.20%
• 1M: 47.27%
• YTD: 126.91%
• 6M: 118.15%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ARKK vs. TSXU - Yearly Performance Comparison

	2026 (YTD)	2025
ARKK ARK Innovation ETF	4.10%	-11.50%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	126.91%	13.59%

Correlation

The correlation between ARKK and TSXU is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 2, 2025	0.62

Return for Risk

ARKK vs. TSXU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ARKK

ARKK Risk / Return Rank: 28
ARKK Sharpe Ratio Rank: 30
ARKK Sortino Ratio Rank: 31
ARKK Omega Ratio Rank: 28
ARKK Calmar Ratio Rank: 26
ARKK Martin Ratio Rank: 22

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ARKK vs. TSXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK Innovation ETF (ARKK) and Direxion Daily Semiconductors Top 5 Bull 2X Shares (TSXU). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	ARKK	TSXU	Difference
Sharpe ratio: Return per unit of total volatility	1.05	—	—
Sortino ratio: Return per unit of downside risk	1.61	—	—
Omega ratio: Gain probability vs. loss probability	1.18	—	—
Calmar ratio: Return relative to maximum drawdown	1.22	—	—
Martin ratio: Return relative to average drawdown	2.71	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ARKK	TSXU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.05	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.13	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.39	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	3.95	-3.59

Drawdowns

ARKK vs. TSXU - Drawdown Comparison

The maximum ARKK drawdown since its inception was -80.97%, which is greater than TSXU's maximum drawdown of -35.62%. Use the drawdown chart below to compare losses from any high point for ARKK and TSXU.

Drawdown Indicators

	ARKK	TSXU	Difference
Max Drawdown Largest peak-to-trough decline	-80.97%	-35.62%	-45.35%
Max Drawdown (1Y) Largest decline over 1 year	-31.35%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-39.56%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-77.23%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-80.97%	—	—
Current Drawdown Current decline from peak	-48.15%	-7.07%	-41.08%
Average Drawdown Average peak-to-trough decline	-30.13%	-10.54%	-19.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.09%	—	—

Volatility

Volatility by Period

	ARKK	TSXU	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.47%	—	—
Volatility (6M) Calculated over the trailing 6-month period	25.18%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	36.42%	78.90%	-42.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.29%	78.90%	-32.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.26%	78.90%	-38.64%

ARKK vs. TSXU - Expense Ratio Comparison

ARKK has a 0.75% expense ratio, which is lower than TSXU's 1.05% expense ratio.

Dividends

ARKK vs. TSXU - Dividend Comparison

ARKK has not paid dividends to shareholders, while TSXU's dividend yield for the trailing twelve months is around 1.28%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARKK ARK Innovation ETF	0.00%	0.00%	0.00%	0.70%	0.00%	0.55%	1.64%	0.38%	3.14%	1.32%	0.00%	2.27%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	1.28%	2.54%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ARKK and TSXU in my portfolio?

ARKK and TSXU have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ARKK or TSXU?

On fees, ARKK is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ARKK or TSXU?

ARKK is cheaper with a 0.75% expense ratio, compared with 1.05% for TSXU.

Which ETF pays a higher dividend yield, ARKK or TSXU?

TSXU has the higher dividend yield at 1.28%, compared with 0.00% for ARKK.

What is the main difference between ARKK and TSXU?

ARKK is categorized as Technology Equities, while TSXU is Leveraged Equities. They also come from different issuers: ARK and Direxion. Their fees differ too: 0.75% for ARKK and 1.05% for TSXU.