GGME vs. TSXU

Last updated Jun 4, 2026

GGME (Invesco Next Gen Media and Gaming ETF) and TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) are both exchange-traded funds - GGME is a Technology Equities fund tracking the STOXX World AC NexGen Media Index - Benchmark TR Gross, while TSXU is a Leveraged Equities fund tracking the Solactive Semiconductor Top 5 Index (2x). Both are passively managed. A 0.66 correlation means they provide meaningful diversification when combined. GGME charges 0.60%/yr vs 1.05%/yr for TSXU.

Performance

GGME vs. TSXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Next Gen Media and Gaming ETF (GGME) 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, GGME achieves a 7.37% return, which is significantly lower than TSXU's 141.91% return.

GGME

• 1D: -0.32%
• 1M: 12.63%
• YTD: 7.37%
• 6M: 5.66%
• 1Y: 13.51%
• 3Y*: 24.13%
• 5Y*: 4.50%
• 10Y*: 10.45%

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)

GGME vs. TSXU - Yearly Performance Comparison

	2026 (YTD)	2025
GGME Invesco Next Gen Media and Gaming ETF	7.37%	-7.00%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	141.91%	13.59%

Correlation

The correlation between GGME and TSXU is 0.66, 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	0.66

Return for Risk

GGME vs. TSXU — Risk / Return Rank

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

GGME

GGME Risk / Return Rank: 19
GGME Sharpe Ratio Rank: 22
GGME Sortino Ratio Rank: 21
GGME Omega Ratio Rank: 21
GGME Calmar Ratio Rank: 16
GGME Martin Ratio Rank: 15

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.

GGME vs. TSXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Next Gen Media and Gaming ETF (GGME) 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.

	GGME	TSXU	Difference
Sharpe ratio: Return per unit of total volatility	0.73	—	—
Sortino ratio: Return per unit of downside risk	1.10	—	—
Omega ratio: Gain probability vs. loss probability	1.14	—	—
Calmar ratio: Return relative to maximum drawdown	0.54	—	—
Martin ratio: Return relative to average drawdown	1.21	—	—
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

	GGME	TSXU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.73	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.19	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	4.53	-4.19

Drawdowns

GGME vs. TSXU - Drawdown Comparison

The maximum GGME drawdown since its inception was -69.13%, which is greater than TSXU's maximum drawdown of -35.62%. Use the drawdown chart below to compare losses from any high point for GGME and TSXU.

Drawdown Indicators

	GGME	TSXU	Difference
Max Drawdown Largest peak-to-trough decline	-69.13%	-35.62%	-33.51%
Max Drawdown (1Y) Largest decline over 1 year	-25.23%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-25.23%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-44.90%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-46.35%	—	—
Current Drawdown Current decline from peak	-2.98%	-0.92%	-2.06%
Average Drawdown Average peak-to-trough decline	-14.54%	-10.56%	-3.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.22%	—	—

Volatility

Volatility by Period

	GGME	TSXU	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.12%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.30%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.63%	78.68%	-60.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.16%	78.68%	-54.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.14%	78.68%	-55.54%

GGME vs. TSXU - Expense Ratio Comparison

GGME has a 0.60% expense ratio, which is lower than TSXU's 1.05% expense ratio.

Dividends

GGME vs. TSXU - Dividend Comparison

GGME's dividend yield for the trailing twelve months is around 0.12%, less than TSXU's 1.20% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GGME Invesco Next Gen Media and Gaming ETF	0.12%	0.17%	0.08%	2.31%	0.76%	0.39%	0.38%	0.50%	0.93%	0.33%	0.16%	1.11%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	1.20%	2.54%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GGME and TSXU in my portfolio?

GGME and TSXU have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GGME or TSXU?

On fees, GGME is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GGME or TSXU?

GGME is cheaper with a 0.60% expense ratio, compared with 1.05% for TSXU.

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

TSXU has the higher dividend yield at 1.20%, compared with 0.12% for GGME.

What is the main difference between GGME and TSXU?

GGME is categorized as Technology Equities, while TSXU is Leveraged Equities. GGME tracks STOXX World AC NexGen Media Index - Benchmark TR Gross, while TSXU tracks Solactive Semiconductor Top 5 Index (2x). They also come from different issuers: Invesco and Direxion. Their fees differ too: 0.60% for GGME and 1.05% for TSXU.