ASMH vs. TSXU

Last updated Jun 4, 2026

ASMH (ASML Holding NV ADR Hedged ETF) and TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) are both exchange-traded funds - ASMH is a Technology Equities fund tracking the ASML Holding NV Sponsored ADR, while TSXU is a Leveraged Equities fund tracking the Solactive Semiconductor Top 5 Index (2x). Both are passively managed. A 0.75 correlation means they provide meaningful diversification when combined. ASMH charges 0.19%/yr vs 1.05%/yr for TSXU.

Performance

ASMH vs. TSXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ASML Holding NV ADR Hedged ETF (ASMH) 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, ASMH achieves a 63.99% return, which is significantly lower than TSXU's 141.91% return.

ASMH

• 1D: 1.53%
• 1M: 25.24%
• YTD: 63.99%
• 6M: 53.18%
• 1Y: 130.11%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSXU

• 1D: -0.92%
• 1M: 66.50%
• YTD: 141.91%
• 6M: 130.37%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ASMH vs. TSXU - Yearly Performance Comparison

	2026 (YTD)	2025
ASMH ASML Holding NV ADR Hedged ETF	63.99%	6.90%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	141.91%	13.59%

Correlation

The correlation between ASMH and TSXU is 0.75, 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	0.75

Return for Risk

ASMH vs. TSXU — Risk / Return Rank

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

ASMH

ASMH Risk / Return Rank: 88
ASMH Sharpe Ratio Rank: 92
ASMH Sortino Ratio Rank: 85
ASMH Omega Ratio Rank: 79
ASMH Calmar Ratio Rank: 95
ASMH Martin Ratio Rank: 90

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.

ASMH vs. TSXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ASML Holding NV ADR Hedged ETF (ASMH) 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.

	ASMH	TSXU	Difference
Sharpe ratio: Return per unit of total volatility	3.36	—	—
Sortino ratio: Return per unit of downside risk	3.81	—	—
Omega ratio: Gain probability vs. loss probability	1.47	—	—
Calmar ratio: Return relative to maximum drawdown	8.24	—	—
Martin ratio: Return relative to average drawdown	21.26	—	—
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

	ASMH	TSXU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.36	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.59	4.53	-0.94

Drawdowns

ASMH vs. TSXU - Drawdown Comparison

The maximum ASMH drawdown since its inception was -15.89%, smaller than the maximum TSXU drawdown of -35.62%. Use the drawdown chart below to compare losses from any high point for ASMH and TSXU.

Drawdown Indicators

	ASMH	TSXU	Difference
Max Drawdown Largest peak-to-trough decline	-15.89%	-35.62%	+19.73%
Max Drawdown (1Y) Largest decline over 1 year	-15.89%	—	—
Current Drawdown Current decline from peak	0.00%	-0.92%	+0.92%
Average Drawdown Average peak-to-trough decline	-4.33%	-10.56%	+6.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.14%	—	—

Volatility

Volatility by Period

	ASMH	TSXU	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.84%	—	—
Volatility (6M) Calculated over the trailing 6-month period	30.43%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	38.94%	78.68%	-39.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.32%	78.68%	-40.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.32%	78.68%	-40.36%

ASMH vs. TSXU - Expense Ratio Comparison

ASMH has a 0.19% expense ratio, which is lower than TSXU's 1.05% expense ratio.

Dividends

ASMH vs. TSXU - Dividend Comparison

ASMH's dividend yield for the trailing twelve months is around 0.99%, less than TSXU's 1.20% yield.

Position	TTM	2025
ASMH ASML Holding NV ADR Hedged ETF	0.99%	0.19%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	1.20%	2.54%

Frequently Asked Questions

Can I hold both ASMH and TSXU in my portfolio?

ASMH and TSXU have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ASMH or TSXU?

On fees, ASMH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ASMH or TSXU?

ASMH is cheaper with a 0.19% expense ratio, compared with 1.05% for TSXU.

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

TSXU has the higher dividend yield at 1.20%, compared with 0.99% for ASMH.

What is the main difference between ASMH and TSXU?

ASMH is categorized as Technology Equities, while TSXU is Leveraged Equities. ASMH tracks ASML Holding NV Sponsored ADR, while TSXU tracks Solactive Semiconductor Top 5 Index (2x). They also come from different issuers: Precidian Funds and Direxion. Their fees differ too: 0.19% for ASMH and 1.05% for TSXU.