CLOU vs. TSXU

Last updated Jun 3, 2026

CLOU (Global X Cloud Computing ETF) and TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) are both exchange-traded funds - CLOU is a Technology Equities fund tracking the Indxx Global Cloud Computing Index, while TSXU is a Leveraged Equities fund tracking the Solactive Semiconductor Top 5 Index (2x). Both are passively managed. At a 0.22 correlation, their price movements are largely independent. CLOU charges 0.68%/yr vs 1.05%/yr for TSXU.

Performance

CLOU vs. TSXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Cloud Computing ETF (CLOU) 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, CLOU achieves a 13.35% return, which is significantly lower than TSXU's 144.17% return.

CLOU

• 1D: -2.81%
• 1M: 21.81%
• YTD: 13.35%
• 6M: 13.05%
• 1Y: 11.58%
• 3Y*: 10.56%
• 5Y*: 0.30%
• 10Y*: —

TSXU

• 1D: 5.69%
• 1M: 70.75%
• YTD: 144.17%
• 6M: 129.95%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CLOU vs. TSXU - Yearly Performance Comparison

	2026 (YTD)	2025
CLOU Global X Cloud Computing ETF	13.35%	-1.82%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	144.17%	13.59%

Correlation

The correlation between CLOU and TSXU is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 2, 2025	0.22

Return for Risk

CLOU vs. TSXU — Risk / Return Rank

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

CLOU

CLOU Risk / Return Rank: 15
CLOU Sharpe Ratio Rank: 15
CLOU Sortino Ratio Rank: 16
CLOU Omega Ratio Rank: 16
CLOU Calmar Ratio Rank: 14
CLOU Martin Ratio Rank: 13

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.

CLOU vs. TSXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Cloud Computing ETF (CLOU) 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.

	CLOU	TSXU	Difference
Sharpe ratio Return per unit of total volatility	0.40	—	—
Sortino ratio Return per unit of downside risk	0.75	—	—
Omega ratio Gain probability vs. loss probability	1.09	—	—
Calmar ratio Return relative to maximum drawdown	0.44	—	—
Martin ratio Return relative to average drawdown	1.09	—	—
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

	CLOU	TSXU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.40	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.01	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	4.66	-4.39

Drawdowns

CLOU vs. TSXU - Drawdown Comparison

The maximum CLOU drawdown since its inception was -53.74%, which is greater than TSXU's maximum drawdown of -35.62%. Use the drawdown chart below to compare losses from any high point for CLOU and TSXU.

Drawdown Indicators

	CLOU	TSXU	Difference
Max Drawdown Largest peak-to-trough decline	-53.74%	-35.62%	-18.12%
Max Drawdown (1Y) Largest decline over 1 year	-27.24%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-33.18%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-53.74%	—	—
Current Drawdown Current decline from peak	-18.82%	0.00%	-18.82%
Average Drawdown Average peak-to-trough decline	-24.42%	-10.61%	-13.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.01%	—	—

Volatility

Volatility by Period

	CLOU	TSXU	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.10%	—	—
Volatility (6M) Calculated over the trailing 6-month period	24.52%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	29.26%	78.89%	-49.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.53%	78.89%	-48.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.77%	78.89%	-48.12%

CLOU vs. TSXU - Expense Ratio Comparison

CLOU has a 0.68% expense ratio, which is lower than TSXU's 1.05% expense ratio.

Dividends

CLOU vs. TSXU - Dividend Comparison

CLOU has not paid dividends to shareholders, while TSXU's dividend yield for the trailing twelve months is around 1.19%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
CLOU Global X Cloud Computing ETF	0.00%	0.00%	0.00%	0.00%	0.00%	1.76%	0.00%	0.05%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	1.19%	2.54%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CLOU and TSXU in my portfolio?

CLOU and TSXU have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CLOU or TSXU?

On fees, CLOU is cheaper at 0.68% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CLOU or TSXU?

CLOU is cheaper with a 0.68% expense ratio, compared with 1.05% for TSXU.

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

TSXU has the higher dividend yield at 1.19%, compared with 0.00% for CLOU.

What is the main difference between CLOU and TSXU?

CLOU is categorized as Technology Equities, while TSXU is Leveraged Equities. CLOU tracks Indxx Global Cloud Computing Index, while TSXU tracks Solactive Semiconductor Top 5 Index (2x). They also come from different issuers: Global X and Direxion. Their fees differ too: 0.68% for CLOU and 1.05% for TSXU.