GINN vs. TSXU

Last updated Jun 4, 2026

GINN (Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF) and TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) are both exchange-traded funds - GINN is a Technology Equities fund tracking the Solactive Innovative Global Equity Index, while TSXU is a Leveraged Equities fund tracking the Solactive Semiconductor Top 5 Index (2x). Both are passively managed. A 0.68 correlation means they provide meaningful diversification when combined. GINN charges 0.50%/yr vs 1.05%/yr for TSXU.

Performance

GINN vs. TSXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN) 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, GINN achieves a 8.64% return, which is significantly lower than TSXU's 144.17% return.

GINN

• 1D: -1.29%
• 1M: 5.38%
• YTD: 8.64%
• 6M: 7.90%
• 1Y: 25.65%
• 3Y*: 19.95%
• 5Y*: 6.82%
• 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)

GINN vs. TSXU - Yearly Performance Comparison

	2026 (YTD)	2025
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF	8.64%	-0.77%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	144.17%	13.59%

Correlation

The correlation between GINN and TSXU is 0.68, 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	0.68

Return for Risk

GINN vs. TSXU — Risk / Return Rank

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

GINN

GINN Risk / Return Rank: 44
GINN Sharpe Ratio Rank: 46
GINN Sortino Ratio Rank: 45
GINN Omega Ratio Rank: 43
GINN Calmar Ratio Rank: 40
GINN Martin Ratio Rank: 44

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.

GINN vs. TSXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN) 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.

	GINN	TSXU	Difference
Sharpe ratio Return per unit of total volatility	1.61	—	—
Sortino ratio Return per unit of downside risk	2.25	—	—
Omega ratio Gain probability vs. loss probability	1.28	—	—
Calmar ratio Return relative to maximum drawdown	1.95	—	—
Martin ratio Return relative to average drawdown	7.06	—	—
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

	GINN	TSXU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.61	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.32	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	4.66	-4.21

Drawdowns

GINN vs. TSXU - Drawdown Comparison

The maximum GINN drawdown since its inception was -41.25%, which is greater than TSXU's maximum drawdown of -35.62%. Use the drawdown chart below to compare losses from any high point for GINN and TSXU.

Drawdown Indicators

	GINN	TSXU	Difference
Max Drawdown Largest peak-to-trough decline	-41.25%	-35.62%	-5.63%
Max Drawdown (1Y) Largest decline over 1 year	-13.18%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-22.25%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-41.25%	—	—
Current Drawdown Current decline from peak	-1.63%	0.00%	-1.63%
Average Drawdown Average peak-to-trough decline	-13.37%	-10.61%	-2.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.64%	—	—

Volatility

Volatility by Period

	GINN	TSXU	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.98%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.04%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.06%	78.89%	-62.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.33%	78.89%	-57.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.05%	78.89%	-57.84%

GINN vs. TSXU - Expense Ratio Comparison

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

Dividends

GINN vs. TSXU - Dividend Comparison

GINN's dividend yield for the trailing twelve months is around 1.16%, less than TSXU's 1.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF	1.16%	1.26%	1.26%	1.01%	0.69%	0.67%	0.07%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	1.19%	2.54%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GINN and TSXU in my portfolio?

GINN and TSXU have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GINN or TSXU?

On fees, GINN 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, GINN or TSXU?

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

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

TSXU has the higher dividend yield at 1.19%, compared with 1.16% for GINN.

What is the main difference between GINN and TSXU?

GINN is categorized as Technology Equities, while TSXU is Leveraged Equities. GINN tracks Solactive Innovative Global Equity Index, while TSXU tracks Solactive Semiconductor Top 5 Index (2x). They also come from different issuers: Goldman Sachs and Direxion. Their fees differ too: 0.50% for GINN and 1.05% for TSXU.