BUG vs. TSXU

Last updated Aug 4, 2026

BUG (Global X Cybersecurity ETF) and TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) are both exchange-traded funds - BUG is a Technology Equities fund tracking the Indxx Cybersecurity Index, while TSXU is a Leveraged Equities fund tracking the Solactive Semiconductor Top 5 Index (2x). Both are passively managed. Their 0.24 correlation means their historical movements had little consistent relationship. BUG charges 0.50%/yr vs 1.05%/yr for TSXU.

Performance

BUG vs. TSXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Cybersecurity ETF (BUG) 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, BUG achieves a 29.15% return, which is significantly lower than TSXU's 81.53% return.

BUG

• 1D: 3.31%
• 1M: 0.03%
• 6M: 37.22%
• YTD: 29.15%
• 1Y: 16.71%
• 3Y*: 18.33%
• 5Y*: 5.68%
• 10Y*: —
• ALL TIME*: 15.13%

TSXU

• 1D: 1.53%
• 1M: -8.30%
• 6M: 48.90%
• YTD: 81.53%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BUG Global X Cybersecurity ETF	$54.94M	$54.62M	$45.09M
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	$8.58M	$5.40M	$2.96M

BUG vs. TSXU - Yearly Performance Comparison

	2026 (YTD)	2025
BUG Global X Cybersecurity ETF	29.15%	-13.41%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	81.53%	37.96%

Correlation

The correlation between BUG and TSXU is 0.24, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025	0.24

Return for Risk

BUG vs. TSXU — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BUG

BUG Risk / Return Rank: 22
BUG Sharpe Ratio Rank: 23
BUG Sortino Ratio Rank: 25
BUG Omega Ratio Rank: 25
BUG Calmar Ratio Rank: 19
BUG Martin Ratio Rank: 19

TSXU

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BUG vs. TSXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Cybersecurity ETF (BUG) 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.

	BUG	TSXU	Difference
Sharpe ratio: Return per unit of total volatility	0.51	—	—
Sortino ratio: Return per unit of downside risk	0.91	—	—
Omega ratio: Gain probability vs. loss probability	1.11	—	—
Calmar ratio: Return relative to maximum drawdown	0.48	—	—
Martin ratio: Return relative to average drawdown	1.04	—	—

Drawdowns

BUG vs. TSXU - Drawdown Comparison

The maximum BUG drawdown since its inception was -41.66%, which is greater than TSXU's maximum drawdown of -38.13%. Use the drawdown chart below to compare losses from any high point for BUG and TSXU.

Drawdown Indicators

	BUG	TSXU	Difference
Max Drawdown Largest peak-to-trough decline	-41.66%	-38.13%	-3.53%
Max Drawdown (1Y) Largest decline over 1 year	-35.16%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-37.69%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-41.66%	—	—
Current Drawdown Current decline from peak	-6.31%	-26.61%	+20.30%
Average Drawdown Average peak-to-trough decline	-14.24%	-11.77%	-2.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.10%	—	—

Volatility

Volatility by Period

	BUG	TSXU	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.30%	—	—
Volatility (6M) Calculated over the trailing 6-month period	28.29%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	32.97%	92.64%	-59.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.05%	92.64%	-63.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.49%	92.64%	-63.15%

BUG vs. TSXU - Expense Ratio Comparison

BUG has a 0.50% expense ratio, which is lower than TSXU's 1.05% expense ratio.

Dividends

BUG vs. TSXU - Dividend Comparison

BUG's dividend yield for the trailing twelve months is around 0.03%, less than TSXU's 1.93% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
BUG Global X Cybersecurity ETF	0.03%	0.04%	0.09%	0.10%	1.56%	0.66%	0.46%	0.24%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	1.93%	2.54%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BUG and TSXU in my portfolio?

BUG and TSXU have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BUG or TSXU?

On fees, BUG is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BUG or TSXU?

BUG is cheaper with a 0.50% expense ratio, compared with 1.05% for TSXU.

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

TSXU has the higher dividend yield at 1.93%, compared with 0.03% for BUG.

What is the main difference between BUG and TSXU?

BUG is categorized as Technology Equities, while TSXU is Leveraged Equities. BUG tracks Indxx Cybersecurity Index, while TSXU tracks Solactive Semiconductor Top 5 Index (2x). They also come from different issuers: Global X and Direxion. Their fees differ too: 0.50% for BUG and 1.05% for TSXU.