DRGN vs. TSXU

Last updated Jun 24, 2026

DRGN (Themes China Generative Artificial Intelligence ETF) and TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) are both exchange-traded funds - DRGN is a Technology Equities fund tracking the BITA China Generative AI Select Index, while TSXU is a Leveraged Equities fund tracking the Solactive Semiconductor Top 5 Index (2x). Both are passively managed. At a 0.50 correlation, their price movements are largely independent. DRGN charges 0.39%/yr vs 1.05%/yr for TSXU.

Performance

DRGN vs. TSXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Themes China Generative Artificial Intelligence ETF (DRGN) 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, DRGN achieves a 12.74% return, which is significantly lower than TSXU's 113.38% return.

DRGN

• 1D: -4.16%
• 1M: -1.59%
• YTD: 12.74%
• 6M: 14.79%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSXU

• 1D: -13.73%
• 1M: 19.65%
• YTD: 113.38%
• 6M: 118.38%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DRGN vs. TSXU - Yearly Performance Comparison

	2026 (YTD)	2025
DRGN Themes China Generative Artificial Intelligence ETF	12.74%	-12.49%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	113.38%	37.96%

Correlation

The correlation between DRGN and TSXU is 0.50, 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 1, 2025	0.50

Return for Risk

DRGN vs. TSXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Themes China Generative Artificial Intelligence ETF (DRGN) 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.

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

Drawdowns

DRGN vs. TSXU - Drawdown Comparison

The maximum DRGN drawdown since its inception was -20.86%, smaller than the maximum TSXU drawdown of -35.62%. Use the drawdown chart below to compare losses from any high point for DRGN and TSXU.

Drawdown Indicators

	DRGN	TSXU	Difference
Max Drawdown Largest peak-to-trough decline	-20.86%	-35.62%	+14.76%
Current Drawdown Current decline from peak	-10.09%	-13.73%	+3.64%
Average Drawdown Average peak-to-trough decline	-8.05%	-10.67%	+2.62%

Volatility

Volatility by Period

	DRGN	TSXU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	35.21%	89.70%	-54.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.21%	89.70%	-54.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.21%	89.70%	-54.49%

DRGN vs. TSXU - Expense Ratio Comparison

DRGN has a 0.39% expense ratio, which is lower than TSXU's 1.05% expense ratio.

Dividends

DRGN vs. TSXU - Dividend Comparison

DRGN's dividend yield for the trailing twelve months is around 1.08%, less than TSXU's 1.36% yield.

Position	TTM	2025
DRGN Themes China Generative Artificial Intelligence ETF	1.08%	1.22%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	1.36%	2.54%

Frequently Asked Questions

Can I hold both DRGN and TSXU in my portfolio?

DRGN 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, DRGN or TSXU?

On fees, DRGN is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DRGN or TSXU?

DRGN is cheaper with a 0.39% expense ratio, compared with 1.05% for TSXU.

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

TSXU has the higher dividend yield at 1.36%, compared with 1.08% for DRGN.

What is the main difference between DRGN and TSXU?

DRGN is categorized as Technology Equities, while TSXU is Leveraged Equities. DRGN tracks BITA China Generative AI Select Index, while TSXU tracks Solactive Semiconductor Top 5 Index (2x). They also come from different issuers: Themes and Direxion. Their fees differ too: 0.39% for DRGN and 1.05% for TSXU.