BRKU vs. TSMY

Last updated Jun 4, 2026

BRKU (Direxion Daily BRKB Bull 2X Shares) and TSMY (YieldMax TSM Option Income Strategy ETF) are both exchange-traded funds - BRKU is a Leveraged Equities fund actively managed by Direxion, while TSMY is a Derivative Income fund actively managed by YieldMax. Both are actively managed. Over the past year, BRKU returned -19.26% vs 92.13% for TSMY. At a correlation of -0.07, they often move in opposite directions. BRKU charges 0.97%/yr vs 0.99%/yr for TSMY.

Performance

BRKU vs. TSMY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily BRKB Bull 2X Shares (BRKU) and YieldMax TSM Option Income Strategy ETF (TSMY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BRKU achieves a -14.77% return, which is significantly lower than TSMY's 37.04% return.

BRKU

• 1D: 1.64%
• 1M: 2.08%
• YTD: -14.77%
• 6M: -16.17%
• 1Y: -19.26%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSMY

• 1D: -1.37%
• 1M: 7.48%
• YTD: 37.04%
• 6M: 39.21%
• 1Y: 92.13%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BRKU vs. TSMY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BRKU Direxion Daily BRKB Bull 2X Shares	-14.77%	6.44%	-3.96%
TSMY YieldMax TSM Option Income Strategy ETF	37.04%	41.00%	2.25%

Correlation

The correlation between BRKU and TSMY is -0.20, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.20
Correlation (All Time) Calculated using the full available price history since Dec 12, 2024	-0.07

The correlation between BRKU and TSMY shifts across timeframes, from -0.20 (1 year) to -0.07 (all time), reflecting how their relationship changes across market environments.

Return for Risk

BRKU vs. TSMY — Risk / Return Rank

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

BRKU

BRKU Risk / Return Rank: 2
BRKU Sharpe Ratio Rank: 3
BRKU Sortino Ratio Rank: 3
BRKU Omega Ratio Rank: 3
BRKU Calmar Ratio Rank: 1
BRKU Martin Ratio Rank: 0

TSMY

TSMY Risk / Return Rank: 88
TSMY Sharpe Ratio Rank: 90
TSMY Sortino Ratio Rank: 85
TSMY Omega Ratio Rank: 82
TSMY Calmar Ratio Rank: 91
TSMY Martin Ratio Rank: 91

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.

BRKU vs. TSMY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily BRKB Bull 2X Shares (BRKU) and YieldMax TSM Option Income Strategy ETF (TSMY). 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.

	BRKU	TSMY	Difference
Sharpe ratio Return per unit of total volatility	-0.70	3.21	-3.91
Sortino ratio Return per unit of downside risk	-0.84	3.86	-4.70
Omega ratio Gain probability vs. loss probability	0.90	1.50	-0.60
Calmar ratio Return relative to maximum drawdown	-0.88	5.98	-6.85
Martin ratio Return relative to average drawdown	-1.77	22.18	-23.95
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BRKU vs. TSMY - Sharpe Ratio Comparison

The current BRKU Sharpe Ratio is -0.70, which is lower than the TSMY Sharpe Ratio of 3.21. The chart below compares the historical Sharpe Ratios of BRKU and TSMY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BRKU	TSMY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.70	3.21	-3.91
Sharpe Ratio (All Time) Calculated using the full available price history	-0.26	1.56	-1.82

Drawdowns

BRKU vs. TSMY - Drawdown Comparison

The maximum BRKU drawdown since its inception was -35.37%, which is greater than TSMY's maximum drawdown of -31.15%. Use the drawdown chart below to compare losses from any high point for BRKU and TSMY.

Drawdown Indicators

	BRKU	TSMY	Difference
Max Drawdown Largest peak-to-trough decline	-35.37%	-31.15%	-4.22%
Max Drawdown (1Y) Largest decline over 1 year	-22.06%	-15.50%	-6.56%
Current Drawdown Current decline from peak	-33.11%	-1.37%	-31.74%
Average Drawdown Average peak-to-trough decline	-18.87%	-5.51%	-13.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.14%	4.17%	+6.97%

Volatility

BRKU vs. TSMY - Volatility Comparison

The current volatility for Direxion Daily BRKB Bull 2X Shares (BRKU) is 7.19%, while YieldMax TSM Option Income Strategy ETF (TSMY) has a volatility of 9.52%. This indicates that BRKU experiences smaller price fluctuations and is considered to be less risky than TSMY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BRKU	TSMY	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.19%	9.52%	-2.33%
Volatility (6M) Calculated over the trailing 6-month period	20.67%	22.68%	-2.01%
Volatility (1Y) Calculated over the trailing 1-year period	27.78%	28.87%	-1.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.42%	33.22%	+1.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.42%	33.22%	+1.20%

BRKU vs. TSMY - Expense Ratio Comparison

BRKU has a 0.97% expense ratio, which is lower than TSMY's 0.99% expense ratio.

Dividends

BRKU vs. TSMY - Dividend Comparison

BRKU's dividend yield for the trailing twelve months is around 2.99%, less than TSMY's 52.19% yield.

Position	TTM	2025	2024
BRKU Direxion Daily BRKB Bull 2X Shares	2.99%	2.44%	0.00%
TSMY YieldMax TSM Option Income Strategy ETF	52.19%	56.76%	13.71%

Frequently Asked Questions

Can I hold both BRKU and TSMY in my portfolio?

BRKU and TSMY have a correlation of -0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BRKU or TSMY?

TSMY has higher volatility (9.52%) compared to BRKU (7.19%). In terms of maximum drawdown, BRKU dropped -35.37% vs TSMY's -31.15%.

Which ETF is better, BRKU or TSMY?

On 1-year performance, TSMY leads with 92.13% vs -19.26% for BRKU. On fees, BRKU is cheaper at 0.97% per year. On volatility, BRKU has been the lower-risk option at 7.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BRKU or TSMY?

Over the 1-year period, TSMY has performed better with a 92.13% return vs -19.26%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BRKU or TSMY?

BRKU is cheaper with a 0.97% expense ratio, compared with 0.99% for TSMY.

Which ETF pays a higher dividend yield, BRKU or TSMY?

TSMY has the higher dividend yield at 52.19%, compared with 2.99% for BRKU.

What is the main difference between BRKU and TSMY?

BRKU is categorized as Leveraged Equities, while TSMY is Derivative Income. They also come from different issuers: Direxion and YieldMax. Their fees differ too: 0.97% for BRKU and 0.99% for TSMY.

Which has better risk-adjusted returns?

TSMY currently has the higher Sharpe Ratio (3.21 vs -0.70), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.