FDND vs. TSXU

Last updated Aug 1, 2026

FDND (FT Vest Dow Jones Internet & Target Income ETF) and TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) are both exchange-traded funds - FDND is a Technology Equities fund actively managed by FT Vest, while TSXU is a Leveraged Equities fund tracking the Solactive Semiconductor Top 5 Index (2x). FDND is actively managed, while TSXU is passively managed. Their 0.36 correlation means their historical movements had little consistent relationship. FDND charges 0.75%/yr vs 1.05%/yr for TSXU.

Performance

FDND vs. TSXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest Dow Jones Internet & Target Income ETF (FDND) 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, FDND achieves a 0.56% return, which is significantly lower than TSXU's 78.79% return.

FDND

• 1D: 2.22%
• 1M: 2.80%
• 6M: 3.79%
• YTD: 0.56%
• 1Y: 1.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 10.95%

TSXU

• 1D: -0.46%
• 1M: -9.68%
• 6M: 50.24%
• YTD: 78.79%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FDND FT Vest Dow Jones Internet & Target Income ETF	$52.86K	$42.66K	$64.39K
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	$7.61M	$4.95M	$2.75M

FDND vs. TSXU - Yearly Performance Comparison

	2026 (YTD)	2025
FDND FT Vest Dow Jones Internet & Target Income ETF	0.56%	-4.03%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	78.79%	37.96%

Correlation

The correlation between FDND and TSXU is 0.36, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025	0.36

Return for Risk

FDND vs. TSXU — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FDND

FDND Risk / Return Rank: 9
FDND Sharpe Ratio Rank: 10
FDND Sortino Ratio Rank: 9
FDND Omega Ratio Rank: 9
FDND Calmar Ratio Rank: 10
FDND Martin Ratio Rank: 10

TSXU

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FDND vs. TSXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest Dow Jones Internet & Target Income ETF (FDND) 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.

	FDND	TSXU	Difference
Sharpe ratio: Return per unit of total volatility	-0.08	—	—
Sortino ratio: Return per unit of downside risk	0.02	—	—
Omega ratio: Gain probability vs. loss probability	1.00	—	—
Calmar ratio: Return relative to maximum drawdown	-0.08	—	—
Martin ratio: Return relative to average drawdown	-0.18	—	—

Drawdowns

FDND vs. TSXU - Drawdown Comparison

The maximum FDND drawdown since its inception was -24.12%, smaller than the maximum TSXU drawdown of -38.13%. Use the drawdown chart below to compare losses from any high point for FDND and TSXU.

Drawdown Indicators

	FDND	TSXU	Difference
Max Drawdown Largest peak-to-trough decline	-24.12%	-38.13%	+14.01%
Max Drawdown (1Y) Largest decline over 1 year	-20.49%	—	—
Current Drawdown Current decline from peak	-5.97%	-27.71%	+21.74%
Average Drawdown Average peak-to-trough decline	-5.84%	-11.70%	+5.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.05%	—	—

Volatility

Volatility by Period

	FDND	TSXU	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.55%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.62%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	19.58%	92.86%	-73.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.40%	92.86%	-71.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.40%	92.86%	-71.46%

FDND vs. TSXU - Expense Ratio Comparison

FDND has a 0.75% expense ratio, which is lower than TSXU's 1.05% expense ratio.

Dividends

FDND vs. TSXU - Dividend Comparison

FDND's dividend yield for the trailing twelve months is around 8.09%, more than TSXU's 1.96% yield.

Position	TTM	2025	2024
FDND FT Vest Dow Jones Internet & Target Income ETF	8.09%	8.11%	5.51%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	1.96%	2.54%	0.00%

Frequently Asked Questions

Can I hold both FDND and TSXU in my portfolio?

FDND and TSXU have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FDND or TSXU?

On fees, FDND is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FDND or TSXU?

FDND is cheaper with a 0.75% expense ratio, compared with 1.05% for TSXU.

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

FDND has the higher dividend yield at 8.09%, compared with 1.96% for TSXU.

What is the main difference between FDND and TSXU?

FDND is categorized as Technology Equities, while TSXU is Leveraged Equities. They also come from different issuers: FT Vest and Direxion. Their fees differ too: 0.75% for FDND and 1.05% for TSXU.