CQTM vs. TSXU

Last updated Jun 6, 2026

CQTM (Corgi Quantum Computing ETF) and TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) are both exchange-traded funds - CQTM is a Technology Equities fund actively managed by Corgi Funds, while TSXU is a Leveraged Equities fund tracking the Solactive Semiconductor Top 5 Index (2x). CQTM is actively managed, while TSXU is passively managed. A 0.50 correlation means they provide meaningful diversification when combined. CQTM charges 0.35%/yr vs 1.05%/yr for TSXU.

Performance

CQTM vs. TSXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Corgi Quantum Computing ETF (CQTM) and Direxion Daily Semiconductors Top 5 Bull 2X Shares (TSXU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CQTM

• 1D: -11.30%
• 1M: 2.09%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSXU

• 1D: -19.03%
• 1M: 9.50%
• YTD: 83.74%
• 6M: 75.01%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CQTM vs. TSXU - Yearly Performance Comparison

	2026 (YTD)
CQTM Corgi Quantum Computing ETF	2.09%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	9.50%

Correlation

The correlation between CQTM and TSXU is 0.50, 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 May 7, 2026	0.50

Return for Risk

CQTM vs. TSXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Corgi Quantum Computing ETF (CQTM) 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.

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

Sharpe Ratios by Period

	CQTM	TSXU	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	2.41	-2.13

Drawdowns

CQTM vs. TSXU - Drawdown Comparison

The maximum CQTM drawdown since its inception was -17.89%, smaller than the maximum TSXU drawdown of -35.62%. Use the drawdown chart below to compare losses from any high point for CQTM and TSXU.

Drawdown Indicators

	CQTM	TSXU	Difference
Max Drawdown Largest peak-to-trough decline	-17.89%	-35.62%	+17.73%
Current Drawdown Current decline from peak	-17.89%	-24.75%	+6.86%
Average Drawdown Average peak-to-trough decline	-4.92%	-10.62%	+5.70%

Volatility

Volatility by Period

	CQTM	TSXU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	101.00%	82.24%	+18.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	101.00%	82.24%	+18.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	101.00%	82.24%	+18.76%

CQTM vs. TSXU - Expense Ratio Comparison

CQTM has a 0.35% expense ratio, which is lower than TSXU's 1.05% expense ratio.

Dividends

CQTM vs. TSXU - Dividend Comparison

CQTM has not paid dividends to shareholders, while TSXU's dividend yield for the trailing twelve months is around 1.58%.

Position	TTM	2025
CQTM Corgi Quantum Computing ETF	0.00%	0.00%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	1.58%	2.54%

Frequently Asked Questions

Can I hold both CQTM and TSXU in my portfolio?

CQTM and TSXU have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CQTM or TSXU?

On fees, CQTM is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CQTM or TSXU?

CQTM is cheaper with a 0.35% expense ratio, compared with 1.05% for TSXU.

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

TSXU has the higher dividend yield at 1.58%, compared with 0.00% for CQTM.

What is the main difference between CQTM and TSXU?

CQTM is categorized as Technology Equities, while TSXU is Leveraged Equities. They also come from different issuers: Corgi Funds and Direxion. Their fees differ too: 0.35% for CQTM and 1.05% for TSXU.