ASMU vs. TSLL
ASMU (Direxion Daily ASML Bull 2X ETF) and TSLL (Direxion Daily TSLA Bull 2X ETF) are both Leveraged Equities funds from Direxion. Both are actively managed. A 0.57 correlation means they provide meaningful diversification when combined. ASMU charges 0.97%/yr vs 0.83%/yr for TSLL.
Performance
ASMU vs. TSLL - Performance Comparison
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Returns By Period
ASMU
- 1D
- 8.49%
- 1M
- 21.60%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TSLL
- 1D
- -0.35%
- 1M
- -27.36%
- YTD
- -39.52%
- 6M
- -48.29%
- 1Y
- -4.45%
- 3Y*
- -5.07%
- 5Y*
- —
- 10Y*
- —
ASMU vs. TSLL - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
ASMU Direxion Daily ASML Bull 2X ETF | 42.93% |
TSLL Direxion Daily TSLA Bull 2X ETF | -30.20% |
Correlation
The correlation between ASMU and TSLL is 0.57, 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 Feb 11, 2026 | 0.57 |
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Return for Risk
ASMU vs. TSLL — Risk / Return Rank
ASMU
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TSLL
ASMU vs. TSLL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily ASML Bull 2X ETF (ASMU) and Direxion Daily TSLA Bull 2X ETF (TSLL). 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.
| ASMU | TSLL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.06 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.08 | — |
| Martin ratioReturn relative to average drawdown | — | -0.16 | — |
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Drawdowns
ASMU vs. TSLL - Drawdown Comparison
The maximum ASMU drawdown since its inception was -34.79%, smaller than the maximum TSLL drawdown of -82.88%. Use the drawdown chart below to compare losses from any high point for ASMU and TSLL.
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Drawdown Indicators
| ASMU | TSLL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.79% | -82.88% | +48.09% |
Max Drawdown (1Y)Largest decline over 1 year | — | -54.75% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -82.88% | — |
Current DrawdownCurrent decline from peak | -10.10% | -69.46% | +59.36% |
Average DrawdownAverage peak-to-trough decline | -12.06% | -53.95% | +41.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 27.26% | — |
Volatility
ASMU vs. TSLL - Volatility Comparison
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Volatility by Period
| ASMU | TSLL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 27.91% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 56.62% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 104.31% | 87.40% | +16.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 104.31% | 106.79% | -2.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 104.31% | 106.79% | -2.48% |
ASMU vs. TSLL - Expense Ratio Comparison
ASMU has a 0.97% expense ratio, which is higher than TSLL's 0.83% expense ratio.
Dividends
ASMU vs. TSLL - Dividend Comparison
ASMU's dividend yield for the trailing twelve months is around 0.51%, less than TSLL's 8.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
ASMU Direxion Daily ASML Bull 2X ETF | 0.51% | 0.00% | 0.00% | 0.00% | 0.00% |
TSLL Direxion Daily TSLA Bull 2X ETF | 8.66% | 5.00% | 2.47% | 4.44% | 1.57% |
Frequently Asked Questions
ASMU and TSLL have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TSLL is cheaper at 0.83% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TSLL is cheaper with a 0.83% expense ratio, compared with 0.97% for ASMU.
TSLL has the higher dividend yield at 8.66%, compared with 0.51% for ASMU.
Their fees differ too: 0.97% for ASMU and 0.83% for TSLL.
Find the right allocation for ASMU and TSLL
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