FBOT vs. TSXU

Last updated Jun 25, 2026

FBOT (Fidelity Disruptive Automation ETF) and TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) are both exchange-traded funds - FBOT is a Technology Equities fund actively managed by Fidelity, while TSXU is a Leveraged Equities fund tracking the Solactive Semiconductor Top 5 Index (2x). FBOT is actively managed, while TSXU is passively managed. A 0.74 correlation means they provide meaningful diversification when combined. FBOT charges 0.50%/yr vs 1.05%/yr for TSXU.

Performance

FBOT vs. TSXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Disruptive Automation ETF (FBOT) 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, FBOT achieves a 13.70% return, which is significantly lower than TSXU's 113.86% return.

FBOT

• 1D: -0.22%
• 1M: -3.43%
• YTD: 13.70%
• 6M: 12.72%
• 1Y: 30.04%
• 3Y*: 15.00%
• 5Y*: —
• 10Y*: —

TSXU

• 1D: -0.02%
• 1M: 19.91%
• YTD: 113.86%
• 6M: 113.15%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FBOT vs. TSXU - Yearly Performance Comparison

	2026 (YTD)	2025
FBOT Fidelity Disruptive Automation ETF	13.70%	2.08%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	113.86%	37.96%

Correlation

The correlation between FBOT and TSXU is 0.74, 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 Oct 1, 2025	0.74

Return for Risk

FBOT vs. TSXU — Risk / Return Rank

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

FBOT

FBOT Risk / Return Rank: 45
FBOT Sharpe Ratio Rank: 45
FBOT Sortino Ratio Rank: 42
FBOT Omega Ratio Rank: 43
FBOT Calmar Ratio Rank: 44
FBOT Martin Ratio Rank: 50

TSXU

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

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.

FBOT vs. TSXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Disruptive Automation ETF (FBOT) 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.

	FBOT	TSXU	Difference
Sharpe ratio: Return per unit of total volatility	1.42	—	—
Sortino ratio: Return per unit of downside risk	1.97	—	—
Omega ratio: Gain probability vs. loss probability	1.25	—	—
Calmar ratio: Return relative to maximum drawdown	1.99	—	—
Martin ratio: Return relative to average drawdown	7.65	—	—

Drawdowns

FBOT vs. TSXU - Drawdown Comparison

The maximum FBOT drawdown since its inception was -23.61%, smaller than the maximum TSXU drawdown of -35.62%. Use the drawdown chart below to compare losses from any high point for FBOT and TSXU.

Drawdown Indicators

	FBOT	TSXU	Difference
Max Drawdown Largest peak-to-trough decline	-23.61%	-35.62%	+12.01%
Max Drawdown (1Y) Largest decline over 1 year	-15.17%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-23.61%	—	—
Current Drawdown Current decline from peak	-5.68%	-13.54%	+7.86%
Average Drawdown Average peak-to-trough decline	-5.12%	-10.68%	+5.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.94%	—	—

Volatility

Volatility by Period

	FBOT	TSXU	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.13%	—	—
Volatility (6M) Calculated over the trailing 6-month period	17.35%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	21.40%	89.41%	-68.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.20%	89.41%	-68.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.20%	89.41%	-68.21%

FBOT vs. TSXU - Expense Ratio Comparison

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

Dividends

FBOT vs. TSXU - Dividend Comparison

FBOT's dividend yield for the trailing twelve months is around 0.44%, less than TSXU's 1.64% yield.

Position	TTM	2025	2024	2023
FBOT Fidelity Disruptive Automation ETF	0.44%	0.81%	0.31%	0.20%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	1.64%	2.54%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FBOT and TSXU in my portfolio?

FBOT and TSXU have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FBOT or TSXU?

On fees, FBOT 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, FBOT or TSXU?

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

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

TSXU has the higher dividend yield at 1.64%, compared with 0.44% for FBOT.

What is the main difference between FBOT and TSXU?

FBOT is categorized as Technology Equities, while TSXU is Leveraged Equities. They also come from different issuers: Fidelity and Direxion. Their fees differ too: 0.50% for FBOT and 1.05% for TSXU.