FITE vs. TSXU

Last updated Jun 3, 2026

FITE (SPDR S&P Kensho Future Security ETF) and TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) are both exchange-traded funds - FITE is a Technology Equities fund tracking the S&P Kensho Future Security Index, while TSXU is a Leveraged Equities fund tracking the Solactive Semiconductor Top 5 Index (2x). Both are passively managed. A 0.51 correlation means they provide meaningful diversification when combined. FITE charges 0.45%/yr vs 1.05%/yr for TSXU.

Performance

FITE vs. TSXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Kensho Future Security ETF (FITE) 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, FITE achieves a 38.91% return, which is significantly lower than TSXU's 144.17% return.

FITE

• 1D: 1.18%
• 1M: 24.61%
• YTD: 38.91%
• 6M: 44.36%
• 1Y: 70.32%
• 3Y*: 35.56%
• 5Y*: 18.73%
• 10Y*: —

TSXU

• 1D: 5.69%
• 1M: 70.75%
• YTD: 144.17%
• 6M: 129.95%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FITE vs. TSXU - Yearly Performance Comparison

	2026 (YTD)	2025
FITE SPDR S&P Kensho Future Security ETF	38.91%	-1.33%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	144.17%	13.59%

Correlation

The correlation between FITE and TSXU is 0.51, 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 2, 2025	0.51

Return for Risk

FITE vs. TSXU — Risk / Return Rank

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

FITE

FITE Risk / Return Rank: 79
FITE Sharpe Ratio Rank: 86
FITE Sortino Ratio Rank: 80
FITE Omega Ratio Rank: 73
FITE Calmar Ratio Rank: 84
FITE Martin Ratio Rank: 72

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.

FITE vs. TSXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Kensho Future Security ETF (FITE) 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.

	FITE	TSXU	Difference
Sharpe ratio Return per unit of total volatility	2.88	—	—
Sortino ratio Return per unit of downside risk	3.64	—	—
Omega ratio Gain probability vs. loss probability	1.44	—	—
Calmar ratio Return relative to maximum drawdown	4.68	—	—
Martin ratio Return relative to average drawdown	13.80	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FITE	TSXU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.88	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.84	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.80	4.66	-3.85

Drawdowns

FITE vs. TSXU - Drawdown Comparison

The maximum FITE drawdown since its inception was -36.90%, roughly equal to the maximum TSXU drawdown of -35.62%. Use the drawdown chart below to compare losses from any high point for FITE and TSXU.

Drawdown Indicators

	FITE	TSXU	Difference
Max Drawdown Largest peak-to-trough decline	-36.90%	-35.62%	-1.28%
Max Drawdown (1Y) Largest decline over 1 year	-15.35%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-22.07%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-27.14%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-7.40%	-10.61%	+3.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.20%	—	—

Volatility

Volatility by Period

	FITE	TSXU	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.23%	—	—
Volatility (6M) Calculated over the trailing 6-month period	19.71%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	24.57%	78.89%	-54.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.37%	78.89%	-56.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.03%	78.89%	-55.86%

FITE vs. TSXU - Expense Ratio Comparison

FITE has a 0.45% expense ratio, which is lower than TSXU's 1.05% expense ratio.

Dividends

FITE vs. TSXU - Dividend Comparison

FITE's dividend yield for the trailing twelve months is around 0.15%, less than TSXU's 1.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
FITE SPDR S&P Kensho Future Security ETF	0.15%	0.23%	0.12%	0.13%	0.12%	0.92%	0.88%	0.44%	1.79%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	1.19%	2.54%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FITE and TSXU in my portfolio?

FITE and TSXU have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FITE or TSXU?

On fees, FITE is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FITE or TSXU?

FITE is cheaper with a 0.45% expense ratio, compared with 1.05% for TSXU.

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

TSXU has the higher dividend yield at 1.19%, compared with 0.15% for FITE.

What is the main difference between FITE and TSXU?

FITE is categorized as Technology Equities, while TSXU is Leveraged Equities. FITE tracks S&P Kensho Future Security Index, while TSXU tracks Solactive Semiconductor Top 5 Index (2x). They also come from different issuers: State Street and Direxion. Their fees differ too: 0.45% for FITE and 1.05% for TSXU.