ITEQ vs. TSXU

Last updated Jun 24, 2026

ITEQ (BlueStar Israel Technology ETF) and TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) are both exchange-traded funds - ITEQ is a Technology Equities fund tracking the BlueStar Israel Global Technology Index, while TSXU is a Leveraged Equities fund tracking the Solactive Semiconductor Top 5 Index (2x). Both are passively managed. A 0.54 correlation means they provide meaningful diversification when combined. ITEQ charges 0.75%/yr vs 1.05%/yr for TSXU.

Performance

ITEQ vs. TSXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlueStar Israel Technology ETF (ITEQ) 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, ITEQ achieves a 10.21% return, which is significantly lower than TSXU's 113.38% return.

ITEQ

• 1D: -1.92%
• 1M: -2.89%
• YTD: 10.21%
• 6M: 8.98%
• 1Y: 19.31%
• 3Y*: 12.40%
• 5Y*: -1.70%
• 10Y*: 10.76%

TSXU

• 1D: -13.73%
• 1M: 19.65%
• YTD: 113.38%
• 6M: 118.38%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ITEQ vs. TSXU - Yearly Performance Comparison

	2026 (YTD)	2025
ITEQ BlueStar Israel Technology ETF	10.21%	-0.18%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	113.38%	37.96%

Correlation

The correlation between ITEQ and TSXU is 0.54, 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 1, 2025	0.54

Return for Risk

ITEQ vs. TSXU — Risk / Return Rank

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

ITEQ

ITEQ Risk / Return Rank: 26
ITEQ Sharpe Ratio Rank: 24
ITEQ Sortino Ratio Rank: 24
ITEQ Omega Ratio Rank: 22
ITEQ Calmar Ratio Rank: 31
ITEQ Martin Ratio Rank: 29

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.

ITEQ vs. TSXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlueStar Israel Technology ETF (ITEQ) 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.

	ITEQ	TSXU	Difference
Sharpe ratio: Return per unit of total volatility	0.81	—	—
Sortino ratio: Return per unit of downside risk	1.24	—	—
Omega ratio: Gain probability vs. loss probability	1.15	—	—
Calmar ratio: Return relative to maximum drawdown	1.48	—	—
Martin ratio: Return relative to average drawdown	3.81	—	—

Drawdowns

ITEQ vs. TSXU - Drawdown Comparison

The maximum ITEQ drawdown since its inception was -54.63%, which is greater than TSXU's maximum drawdown of -35.62%. Use the drawdown chart below to compare losses from any high point for ITEQ and TSXU.

Drawdown Indicators

	ITEQ	TSXU	Difference
Max Drawdown Largest peak-to-trough decline	-54.63%	-35.62%	-19.01%
Max Drawdown (1Y) Largest decline over 1 year	-13.07%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-26.78%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-50.29%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-54.63%	—	—
Current Drawdown Current decline from peak	-18.35%	-13.73%	-4.62%
Average Drawdown Average peak-to-trough decline	-18.50%	-10.67%	-7.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.08%	—	—

Volatility

Volatility by Period

	ITEQ	TSXU	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.20%	—	—
Volatility (6M) Calculated over the trailing 6-month period	18.83%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	23.89%	89.70%	-65.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.20%	89.70%	-64.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.49%	89.70%	-66.21%

ITEQ vs. TSXU - Expense Ratio Comparison

ITEQ has a 0.75% expense ratio, which is lower than TSXU's 1.05% expense ratio.

Dividends

ITEQ vs. TSXU - Dividend Comparison

ITEQ's dividend yield for the trailing twelve months is around 0.77%, less than TSXU's 1.36% yield.

Position	TTM	2025	2024
ITEQ BlueStar Israel Technology ETF	0.77%	0.85%	0.01%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	1.36%	2.54%	0.00%

Frequently Asked Questions

Can I hold both ITEQ and TSXU in my portfolio?

ITEQ and TSXU have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ITEQ or TSXU?

On fees, ITEQ is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ITEQ or TSXU?

ITEQ is cheaper with a 0.75% expense ratio, compared with 1.05% for TSXU.

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

TSXU has the higher dividend yield at 1.36%, compared with 0.77% for ITEQ.

What is the main difference between ITEQ and TSXU?

ITEQ is categorized as Technology Equities, while TSXU is Leveraged Equities. ITEQ tracks BlueStar Israel Global Technology 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 ITEQ and 1.05% for TSXU.