HAP vs. TEXU
HAP (VanEck Natural Resources ETF) and TEXU (Direxion Daily Energy Top 5 Bull 2X ETF) are both exchange-traded funds - HAP is a Energy Equities fund tracking the MarketVector Global Natural Resources Index, while TEXU is a Leveraged Equities fund tracking the S&P 500 Energy (Sector) Top 5 Equal Capped Index. Both are passively managed. Their 0.40 correlation means their historical movements had little consistent relationship. HAP charges 0.42%/yr vs 0.98%/yr for TEXU.
Performance
HAP vs. TEXU - Performance Comparison
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Returns By Period
In the year-to-date period, HAP achieves a 18.12% return, which is significantly lower than TEXU's 61.53% return.
HAP
- 1D
- -1.03%
- 1M
- 2.81%
- 6M
- 5.60%
- YTD
- 18.12%
- 1Y
- 39.17%
- 3Y*
- 14.98%
- 5Y*
- 12.25%
- 10Y*
- 11.44%
- ALL TIME*
- 5.91%
TEXU
- 1D
- 3.70%
- 1M
- 20.93%
- 6M
- 27.67%
- YTD
- 61.53%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.89M | $2.98M | $2.39M | |
| $74.49K | $95.78K | $95.00K |
HAP vs. TEXU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
HAP VanEck Natural Resources ETF | 18.12% | 7.76% |
TEXU Direxion Daily Energy Top 5 Bull 2X ETF | 61.53% | -1.42% |
Correlation
The correlation between HAP and TEXU is 0.40, 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 | 0.40 |
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Return for Risk
HAP vs. TEXU — Risk / Return Rank
HAP
TEXU
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
HAP vs. TEXU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Natural Resources ETF (HAP) and Direxion Daily Energy Top 5 Bull 2X ETF (TEXU). 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.
| HAP | TEXU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.44 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 4.28 | — | — |
| Martin ratioReturn relative to average drawdown | 12.10 | — | — |
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Drawdowns
HAP vs. TEXU - Drawdown Comparison
The maximum HAP drawdown since its inception was -50.99%, which is greater than TEXU's maximum drawdown of -31.71%. Use the drawdown chart below to compare losses from any high point for HAP and TEXU.
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Drawdown Indicators
| HAP | TEXU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.99% | -31.71% | -19.28% |
Max Drawdown (1Y)Largest decline over 1 year | -9.09% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -16.92% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -25.66% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -44.07% | — | — |
Current DrawdownCurrent decline from peak | -4.67% | -15.96% | +11.29% |
Average DrawdownAverage peak-to-trough decline | -12.03% | -8.67% | -3.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.21% | — | — |
Volatility
HAP vs. TEXU - Volatility Comparison
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Volatility by Period
| HAP | TEXU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.08% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 12.98% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 15.67% | 40.87% | -25.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.21% | 40.87% | -22.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.67% | 40.87% | -21.20% |
HAP vs. TEXU - Expense Ratio Comparison
HAP has a 0.42% expense ratio, which is lower than TEXU's 0.98% expense ratio.
Dividends
HAP vs. TEXU - Dividend Comparison
HAP's dividend yield for the trailing twelve months is around 1.92%, more than TEXU's 1.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HAP VanEck Natural Resources ETF | 1.92% | 2.27% | 2.65% | 3.27% | 3.28% | 2.16% | 2.45% | 2.80% | 2.85% | 2.02% | 1.99% | 3.00% |
TEXU Direxion Daily Energy Top 5 Bull 2X ETF | 1.36% | 0.67% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
HAP and TEXU have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, HAP is cheaper at 0.42% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HAP is cheaper with a 0.42% expense ratio, compared with 0.98% for TEXU.
HAP has the higher dividend yield at 1.92%, compared with 1.36% for TEXU.
HAP is categorized as Energy Equities, while TEXU is Leveraged Equities. HAP tracks MarketVector Global Natural Resources Index, while TEXU tracks S&P 500 Energy (Sector) Top 5 Equal Capped Index. They also come from different issuers: VanEck and Direxion. Their fees differ too: 0.42% for HAP and 0.98% for TEXU.
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