IHAK vs. TSXU

Last updated Jun 25, 2026

IHAK (iShares Cybersecurity & Tech ETF) and TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) are both exchange-traded funds - IHAK is a Technology Equities fund tracking the NYSE FactSet Global Cyber Security Index, while TSXU is a Leveraged Equities fund tracking the Solactive Semiconductor Top 5 Index (2x). Both are passively managed. At a 0.27 correlation, their price movements are largely independent. IHAK charges 0.47%/yr vs 1.05%/yr for TSXU.

Performance

IHAK vs. TSXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Cybersecurity & Tech ETF (IHAK) 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, IHAK achieves a 13.77% return, which is significantly lower than TSXU's 113.86% return.

IHAK

• 1D: 0.35%
• 1M: -2.29%
• YTD: 13.77%
• 6M: 11.66%
• 1Y: 5.82%
• 3Y*: 14.51%
• 5Y*: 4.87%
• 10Y*: —

TSXU

• 1D: -0.02%
• 1M: 19.91%
• YTD: 113.86%
• 6M: 113.15%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IHAK vs. TSXU - Yearly Performance Comparison

	2026 (YTD)	2025
IHAK iShares Cybersecurity & Tech ETF	13.77%	-7.98%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	113.86%	37.96%

Correlation

The correlation between IHAK and TSXU is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025	0.27

Return for Risk

IHAK vs. TSXU — Risk / Return Rank

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

IHAK

IHAK Risk / Return Rank: 12
IHAK Sharpe Ratio Rank: 12
IHAK Sortino Ratio Rank: 12
IHAK Omega Ratio Rank: 12
IHAK Calmar Ratio Rank: 12
IHAK Martin Ratio Rank: 11

TSXU

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

IHAK vs. TSXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Cybersecurity & Tech ETF (IHAK) 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.

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.

	IHAK	TSXU	Difference
Sharpe ratio: Return per unit of total volatility	0.24	—	—
Sortino ratio: Return per unit of downside risk	0.49	—	—
Omega ratio: Gain probability vs. loss probability	1.06	—	—
Calmar ratio: Return relative to maximum drawdown	0.25	—	—
Martin ratio: Return relative to average drawdown	0.57	—	—

Drawdowns

IHAK vs. TSXU - Drawdown Comparison

The maximum IHAK drawdown since its inception was -34.42%, roughly equal to the maximum TSXU drawdown of -35.62%. Use the drawdown chart below to compare losses from any high point for IHAK and TSXU.

Drawdown Indicators

	IHAK	TSXU	Difference
Max Drawdown Largest peak-to-trough decline	-34.42%	-35.62%	+1.20%
Max Drawdown (1Y) Largest decline over 1 year	-23.48%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-23.48%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-34.42%	—	—
Current Drawdown Current decline from peak	-10.28%	-13.54%	+3.26%
Average Drawdown Average peak-to-trough decline	-10.74%	-10.68%	-0.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.19%	—	—

Volatility

Volatility by Period

	IHAK	TSXU	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.85%	—	—
Volatility (6M) Calculated over the trailing 6-month period	20.46%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	24.42%	89.41%	-64.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.66%	89.41%	-65.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.40%	89.41%	-65.01%

IHAK vs. TSXU - Expense Ratio Comparison

IHAK has a 0.47% expense ratio, which is lower than TSXU's 1.05% expense ratio.

Dividends

IHAK vs. TSXU - Dividend Comparison

IHAK's dividend yield for the trailing twelve months is around 0.08%, less than TSXU's 1.64% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
IHAK iShares Cybersecurity & Tech ETF	0.08%	0.08%	0.20%	0.13%	0.25%	0.50%	0.40%	0.50%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	1.64%	2.54%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IHAK and TSXU in my portfolio?

IHAK and TSXU have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IHAK or TSXU?

On fees, IHAK is cheaper at 0.47% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IHAK or TSXU?

IHAK is cheaper with a 0.47% expense ratio, compared with 1.05% for TSXU.

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

TSXU has the higher dividend yield at 1.64%, compared with 0.08% for IHAK.

What is the main difference between IHAK and TSXU?

IHAK is categorized as Technology Equities, while TSXU is Leveraged Equities. IHAK tracks NYSE FactSet Global Cyber Security Index, while TSXU tracks Solactive Semiconductor Top 5 Index (2x). They also come from different issuers: iShares and Direxion. Their fees differ too: 0.47% for IHAK and 1.05% for TSXU.