IVRS vs. TSXU
IVRS (iShares Future Metaverse Tech And Communications ETF) and TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) are both exchange-traded funds - IVRS is a Technology Equities fund tracking the Morningstar Global Metaverse & Virtual Interaction Select Index - Benchmark TR Net, while TSXU is a Leveraged Equities fund tracking the Solactive Semiconductor Top 5 Index (2x). Both are passively managed. A 0.60 correlation means they provide meaningful diversification when combined. IVRS charges 0.47%/yr vs 1.05%/yr for TSXU.
Performance
IVRS vs. TSXU - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IVRS achieves a -5.51% return, which is significantly lower than TSXU's 141.91% return.
IVRS
- 1D
- -2.21%
- 1M
- 1.13%
- YTD
- -5.51%
- 6M
- -8.57%
- 1Y
- -1.11%
- 3Y*
- 9.46%
- 5Y*
- —
- 10Y*
- —
TSXU
- 1D
- -0.92%
- 1M
- 66.50%
- YTD
- 141.91%
- 6M
- 130.37%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IVRS vs. TSXU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IVRS iShares Future Metaverse Tech And Communications ETF | -5.51% | -13.16% |
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares | 141.91% | 13.59% |
Correlation
The correlation between IVRS and TSXU is 0.60, 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 2, 2025 | 0.60 |
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
IVRS vs. TSXU — Risk / Return Rank
IVRS
TSXU
IVRS vs. TSXU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Future Metaverse Tech And Communications ETF (IVRS) 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.
| IVRS | TSXU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.01 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.04 | — | — |
| Martin ratioReturn relative to average drawdown | -0.08 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IVRS | TSXU | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.05 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | 4.53 | -3.93 |
Drawdowns
IVRS vs. TSXU - Drawdown Comparison
The maximum IVRS drawdown since its inception was -31.43%, smaller than the maximum TSXU drawdown of -35.62%. Use the drawdown chart below to compare losses from any high point for IVRS and TSXU.
Loading charts...
Drawdown Indicators
| IVRS | TSXU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.43% | -35.62% | +4.19% |
Max Drawdown (1Y)Largest decline over 1 year | -31.43% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -31.43% | — | — |
Current DrawdownCurrent decline from peak | -18.72% | -0.92% | -17.80% |
Average DrawdownAverage peak-to-trough decline | -5.81% | -10.56% | +4.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.55% | — | — |
Volatility
IVRS vs. TSXU - Volatility Comparison
Loading charts...
Volatility by Period
| IVRS | TSXU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.53% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 18.59% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 21.85% | 78.68% | -56.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.49% | 78.68% | -58.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.49% | 78.68% | -58.19% |
IVRS vs. TSXU - Expense Ratio Comparison
IVRS has a 0.47% expense ratio, which is lower than TSXU's 1.05% expense ratio.
Dividends
IVRS vs. TSXU - Dividend Comparison
IVRS's dividend yield for the trailing twelve months is around 8.34%, more than TSXU's 1.20% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
IVRS iShares Future Metaverse Tech And Communications ETF | 8.34% | 7.88% | 6.65% | 0.48% |
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares | 1.20% | 2.54% | 0.00% | 0.00% |
Frequently Asked Questions
IVRS and TSXU have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IVRS is cheaper at 0.47% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IVRS is cheaper with a 0.47% expense ratio, compared with 1.05% for TSXU.
IVRS has the higher dividend yield at 8.34%, compared with 1.20% for TSXU.
IVRS is categorized as Technology Equities, while TSXU is Leveraged Equities. IVRS tracks Morningstar Global Metaverse & Virtual Interaction Select Index - Benchmark TR Net, 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 IVRS and 1.05% for TSXU.
Find the right allocation for IVRS 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