DVXK vs. TSXU

Last updated Jun 4, 2026

DVXK (WEBs Technology XLK Defined Volatility ETF) and TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) are both exchange-traded funds - DVXK is a Technology Equities fund tracking the Syntax Defined Volatility XLK Index, while TSXU is a Leveraged Equities fund tracking the Solactive Semiconductor Top 5 Index (2x). Both are passively managed. Their correlation of 0.86 suggests significant overlap in exposure. DVXK charges 0.89%/yr vs 1.05%/yr for TSXU.

Performance

DVXK vs. TSXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WEBs Technology XLK Defined Volatility ETF (DVXK) 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, DVXK achieves a 42.75% return, which is significantly lower than TSXU's 141.91% return.

DVXK

• 1D: -1.28%
• 1M: 29.95%
• YTD: 42.75%
• 6M: 40.05%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSXU

• 1D: -0.92%
• 1M: 66.50%
• YTD: 141.91%
• 6M: 130.37%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DVXK vs. TSXU - Yearly Performance Comparison

	2026 (YTD)	2025
DVXK WEBs Technology XLK Defined Volatility ETF	42.75%	-2.03%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	141.91%	13.59%

Correlation

The correlation between DVXK and TSXU is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 2, 2025	0.86

Return for Risk

DVXK vs. TSXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WEBs Technology XLK Defined Volatility ETF (DVXK) 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

	DVXK	TSXU	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.46	4.53	-2.07

Drawdowns

DVXK vs. TSXU - Drawdown Comparison

The maximum DVXK drawdown since its inception was -24.08%, smaller than the maximum TSXU drawdown of -35.62%. Use the drawdown chart below to compare losses from any high point for DVXK and TSXU.

Drawdown Indicators

	DVXK	TSXU	Difference
Max Drawdown Largest peak-to-trough decline	-24.08%	-35.62%	+11.54%
Current Drawdown Current decline from peak	-1.28%	-0.92%	-0.36%
Average Drawdown Average peak-to-trough decline	-6.71%	-10.56%	+3.85%

Volatility

Volatility by Period

	DVXK	TSXU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	32.24%	78.68%	-46.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.24%	78.68%	-46.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.24%	78.68%	-46.44%

DVXK vs. TSXU - Expense Ratio Comparison

DVXK has a 0.89% expense ratio, which is lower than TSXU's 1.05% expense ratio.

Dividends

DVXK vs. TSXU - Dividend Comparison

DVXK's dividend yield for the trailing twelve months is around 2.32%, more than TSXU's 1.20% yield.

Position	TTM	2025
DVXK WEBs Technology XLK Defined Volatility ETF	2.32%	3.32%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	1.20%	2.54%

Frequently Asked Questions

Can I hold both DVXK and TSXU in my portfolio?

DVXK and TSXU have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DVXK or TSXU?

On fees, DVXK is cheaper at 0.89% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DVXK or TSXU?

DVXK is cheaper with a 0.89% expense ratio, compared with 1.05% for TSXU.

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

DVXK has the higher dividend yield at 2.32%, compared with 1.20% for TSXU.

What is the main difference between DVXK and TSXU?

DVXK is categorized as Technology Equities, while TSXU is Leveraged Equities. DVXK tracks Syntax Defined Volatility XLK Index, while TSXU tracks Solactive Semiconductor Top 5 Index (2x). They also come from different issuers: WEBs and Direxion. Their fees differ too: 0.89% for DVXK and 1.05% for TSXU.