IGPT vs. TSXU

Last updated Jun 4, 2026

IGPT (Invesco AI and Next Gen Software ETF) and TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) are both exchange-traded funds - IGPT is a Technology Equities fund tracking the STOXX World AC NexGen Software Development Index, while TSXU is a Leveraged Equities fund tracking the Solactive Semiconductor Top 5 Index (2x). Both are passively managed. Their correlation of 0.84 suggests significant overlap in exposure. IGPT charges 0.60%/yr vs 1.05%/yr for TSXU.

Performance

IGPT vs. TSXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco AI and Next Gen Software ETF (IGPT) 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, IGPT achieves a 72.49% return, which is significantly lower than TSXU's 141.91% return.

IGPT

• 1D: 0.39%
• 1M: 28.39%
• YTD: 72.49%
• 6M: 75.56%
• 1Y: 123.95%
• 3Y*: 43.05%
• 5Y*: 15.89%
• 10Y*: 22.30%

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)

IGPT vs. TSXU - Yearly Performance Comparison

	2026 (YTD)	2025
IGPT Invesco AI and Next Gen Software ETF	72.49%	8.64%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	141.91%	13.59%

Correlation

The correlation between IGPT and TSXU is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 2, 2025	0.84

Return for Risk

IGPT vs. TSXU — Risk / Return Rank

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

IGPT

IGPT Risk / Return Rank: 94
IGPT Sharpe Ratio Rank: 96
IGPT Sortino Ratio Rank: 94
IGPT Omega Ratio Rank: 93
IGPT Calmar Ratio Rank: 94
IGPT Martin Ratio Rank: 95

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.

IGPT vs. TSXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco AI and Next Gen Software ETF (IGPT) 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.

	IGPT	TSXU	Difference
Sharpe ratio: Return per unit of total volatility	4.39	—	—
Sortino ratio: Return per unit of downside risk	4.95	—	—
Omega ratio: Gain probability vs. loss probability	1.67	—	—
Calmar ratio: Return relative to maximum drawdown	7.47	—	—
Martin ratio: Return relative to average drawdown	29.16	—	—
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

	IGPT	TSXU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.39	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.58	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.85	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	4.53	-3.90

Drawdowns

IGPT vs. TSXU - Drawdown Comparison

The maximum IGPT drawdown since its inception was -50.14%, which is greater than TSXU's maximum drawdown of -35.62%. Use the drawdown chart below to compare losses from any high point for IGPT and TSXU.

Drawdown Indicators

	IGPT	TSXU	Difference
Max Drawdown Largest peak-to-trough decline	-50.14%	-35.62%	-14.52%
Max Drawdown (1Y) Largest decline over 1 year	-16.68%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-29.30%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-44.87%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-50.14%	—	—
Current Drawdown Current decline from peak	0.00%	-0.92%	+0.92%
Average Drawdown Average peak-to-trough decline	-11.96%	-10.56%	-1.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.27%	—	—

Volatility

Volatility by Period

	IGPT	TSXU	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.51%	—	—
Volatility (6M) Calculated over the trailing 6-month period	23.50%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	28.42%	78.68%	-50.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.66%	78.68%	-51.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.33%	78.68%	-52.35%

IGPT vs. TSXU - Expense Ratio Comparison

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

Dividends

IGPT vs. TSXU - Dividend Comparison

IGPT's dividend yield for the trailing twelve months is around 0.03%, less than TSXU's 1.20% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IGPT Invesco AI and Next Gen Software ETF	0.03%	0.04%	0.00%	0.00%	1.41%	6.21%	0.04%	0.05%	0.00%	0.00%	0.03%	0.15%
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 IGPT and TSXU in my portfolio?

IGPT and TSXU have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IGPT or TSXU?

On fees, IGPT 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, IGPT or TSXU?

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

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

TSXU has the higher dividend yield at 1.20%, compared with 0.03% for IGPT.

What is the main difference between IGPT and TSXU?

IGPT is categorized as Technology Equities, while TSXU is Leveraged Equities. IGPT tracks STOXX World AC NexGen Software Development Index, 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 IGPT and 1.05% for TSXU.