ARVR vs. TSXU
ARVR (First Trust Indxx Metaverse ETF) and TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) are both exchange-traded funds - ARVR is a Technology Equities fund tracking the Indxx Metaverse Index - Benchmark TR Net, while TSXU is a Leveraged Equities fund tracking the Solactive Semiconductor Top 5 Index (2x). Both are passively managed. Their 0.78 correlation means they have sometimes moved together and sometimes differently. ARVR charges 0.70%/yr vs 1.05%/yr for TSXU.
Performance
ARVR vs. TSXU - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ARVR achieves a 10.36% return, which is significantly lower than TSXU's 78.79% return.
ARVR
- 1D
- -2.11%
- 1M
- -3.10%
- 6M
- 10.71%
- YTD
- 10.36%
- 1Y
- 18.79%
- 3Y*
- 18.68%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 15.55%
TSXU
- 1D
- -0.46%
- 1M
- -9.68%
- 6M
- 50.24%
- YTD
- 78.79%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $9.01K | $9.78K | $34.40K | |
| $7.61M | $4.95M | $2.75M |
ARVR vs. TSXU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ARVR First Trust Indxx Metaverse ETF | 10.36% | -2.74% |
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares | 78.79% | 37.96% |
Correlation
The correlation between ARVR and TSXU is 0.78, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025 | 0.78 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ARVR vs. TSXU — Risk / Return Rank
ARVR
TSXU
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ARVR vs. TSXU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Indxx Metaverse ETF (ARVR) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ARVR | TSXU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.15 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.96 | — | — |
| Martin ratioReturn relative to average drawdown | 2.73 | — | — |
Loading charts...
Drawdowns
ARVR vs. TSXU - Drawdown Comparison
The maximum ARVR drawdown since its inception was -26.40%, smaller than the maximum TSXU drawdown of -38.13%. Use the drawdown chart below to compare losses from any high point for ARVR and TSXU.
Loading charts...
Drawdown Indicators
| ARVR | TSXU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.40% | -38.13% | +11.73% |
Max Drawdown (1Y)Largest decline over 1 year | -17.73% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -21.46% | — | — |
Current DrawdownCurrent decline from peak | -7.76% | -27.71% | +19.95% |
Average DrawdownAverage peak-to-trough decline | -5.87% | -11.70% | +5.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.24% | — | — |
Volatility
ARVR vs. TSXU - Volatility Comparison
Loading charts...
Volatility by Period
| ARVR | TSXU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.45% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 18.57% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 22.23% | 92.86% | -70.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.74% | 92.86% | -69.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.74% | 92.86% | -69.12% |
ARVR vs. TSXU - Expense Ratio Comparison
ARVR has a 0.70% expense ratio, which is lower than TSXU's 1.05% expense ratio.
Dividends
ARVR vs. TSXU - Dividend Comparison
ARVR's dividend yield for the trailing twelve months is around 0.68%, less than TSXU's 1.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
ARVR First Trust Indxx Metaverse ETF | 0.68% | 0.53% | 0.81% | 0.11% | 0.27% |
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares | 1.96% | 2.54% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ARVR and TSXU have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ARVR is cheaper at 0.70% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ARVR is cheaper with a 0.70% expense ratio, compared with 1.05% for TSXU.
TSXU has the higher dividend yield at 1.96%, compared with 0.68% for ARVR.
ARVR is categorized as Technology Equities, while TSXU is Leveraged Equities. ARVR tracks Indxx Metaverse Index - Benchmark TR Net, while TSXU tracks Solactive Semiconductor Top 5 Index (2x). They also come from different issuers: First Trust and Direxion. Their fees differ too: 0.70% for ARVR and 1.05% for TSXU.
Find the right allocation for ARVR and TSXU
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer