IPAY vs. TSXU
IPAY (ETFMG Prime Mobile Payments ETF) and TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) are both exchange-traded funds - IPAY is a Technology Equities fund tracking the Prime Mobile Payments Index, while TSXU is a Leveraged Equities fund tracking the Solactive Semiconductor Top 5 Index (2x). Both are passively managed. Their 0.15 correlation means their historical movements had little consistent relationship. IPAY charges 0.75%/yr vs 1.05%/yr for TSXU.
Performance
IPAY vs. TSXU - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IPAY achieves a -2.46% return, which is significantly lower than TSXU's 81.53% return.
IPAY
- 1D
- 1.56%
- 1M
- 4.88%
- 6M
- 3.61%
- YTD
- -2.46%
- 1Y
- -9.51%
- 3Y*
- 6.01%
- 5Y*
- -5.73%
- 10Y*
- 7.66%
- ALL TIME*
- 6.67%
TSXU
- 1D
- 1.53%
- 1M
- -8.30%
- 6M
- 48.90%
- YTD
- 81.53%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $3.69M | $3.96M | $2.49M | |
| $8.58M | $5.40M | $2.96M |
IPAY vs. TSXU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IPAY ETFMG Prime Mobile Payments ETF | -2.46% | -8.16% |
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares | 81.53% | 37.96% |
Correlation
The correlation between IPAY and TSXU is 0.15, 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 | 0.15 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IPAY vs. TSXU — Risk / Return Rank
IPAY
TSXU
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IPAY vs. TSXU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ETFMG Prime Mobile Payments ETF (IPAY) 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.
| IPAY | TSXU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.95 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.31 | — | — |
| Martin ratioReturn relative to average drawdown | -0.52 | — | — |
Loading charts...
Drawdowns
IPAY vs. TSXU - Drawdown Comparison
The maximum IPAY drawdown since its inception was -51.75%, which is greater than TSXU's maximum drawdown of -38.13%. Use the drawdown chart below to compare losses from any high point for IPAY and TSXU.
Loading charts...
Drawdown Indicators
| IPAY | TSXU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.75% | -38.13% | -13.62% |
Max Drawdown (1Y)Largest decline over 1 year | -30.88% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -32.74% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -51.49% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -51.75% | — | — |
Current DrawdownCurrent decline from peak | -29.38% | -26.61% | -2.77% |
Average DrawdownAverage peak-to-trough decline | -16.93% | -11.77% | -5.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.21% | — | — |
Volatility
IPAY vs. TSXU - Volatility Comparison
Loading charts...
Volatility by Period
| IPAY | TSXU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.11% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 19.94% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 24.73% | 92.64% | -67.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.33% | 92.64% | -66.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.43% | 92.64% | -67.21% |
IPAY vs. TSXU - Expense Ratio Comparison
IPAY has a 0.75% expense ratio, which is lower than TSXU's 1.05% expense ratio.
Dividends
IPAY vs. TSXU - Dividend Comparison
IPAY's dividend yield for the trailing twelve months is around 0.81%, less than TSXU's 1.93% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
IPAY ETFMG Prime Mobile Payments ETF | 0.81% | 0.79% | 0.77% |
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares | 1.93% | 2.54% | 0.00% |
Frequently Asked Questions
IPAY and TSXU have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IPAY is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IPAY is cheaper with a 0.75% expense ratio, compared with 1.05% for TSXU.
TSXU has the higher dividend yield at 1.93%, compared with 0.81% for IPAY.
IPAY is categorized as Technology Equities, while TSXU is Leveraged Equities. IPAY tracks Prime Mobile Payments Index, while TSXU tracks Solactive Semiconductor Top 5 Index (2x). They also come from different issuers: ETFMG and Direxion. Their fees differ too: 0.75% for IPAY and 1.05% for TSXU.
Find the right allocation for IPAY and TSXU
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer