IYE vs. TEXU
IYE (iShares U.S. Energy ETF) and TEXU (Direxion Daily Energy Top 5 Bull 2X ETF) are both exchange-traded funds - IYE is a Energy Equities fund tracking the Dow Jones U.S. Oil & Gas Index, while TEXU is a Leveraged Equities fund tracking the S&P 500 Energy (Sector) Top 5 Equal Capped Index. Both are passively managed. Their correlation of 0.93 means they have usually moved in the same direction. IYE charges 0.42%/yr vs 0.98%/yr for TEXU.
Performance
IYE vs. TEXU - Performance Comparison
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Returns By Period
In the year-to-date period, IYE achieves a 32.30% return, which is significantly lower than TEXU's 58.42% return.
IYE
- 1D
- -0.35%
- 1M
- 9.69%
- 6M
- 15.13%
- YTD
- 32.30%
- 1Y
- 40.36%
- 3Y*
- 13.73%
- 5Y*
- 22.20%
- 10Y*
- 8.89%
- ALL TIME*
- 7.45%
TEXU
- 1D
- 0.50%
- 1M
- 18.59%
- 6M
- 23.62%
- YTD
- 58.42%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $45.57M | $48.49M | $74.82M | |
| $75.70K | $87.34K | $90.82K |
IYE vs. TEXU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IYE iShares U.S. Energy ETF | 32.30% | 0.74% |
TEXU Direxion Daily Energy Top 5 Bull 2X ETF | 58.42% | -1.42% |
Correlation
The correlation between IYE and TEXU is 0.93, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025 | 0.93 |
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Return for Risk
IYE vs. TEXU — Risk / Return Rank
IYE
TEXU
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IYE vs. TEXU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Energy ETF (IYE) and Direxion Daily Energy Top 5 Bull 2X ETF (TEXU). 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.
| IYE | TEXU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.32 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.79 | — | — |
| Martin ratioReturn relative to average drawdown | 7.37 | — | — |
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Drawdowns
IYE vs. TEXU - Drawdown Comparison
The maximum IYE drawdown since its inception was -73.74%, which is greater than TEXU's maximum drawdown of -31.71%. Use the drawdown chart below to compare losses from any high point for IYE and TEXU.
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Drawdown Indicators
| IYE | TEXU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.74% | -31.71% | -42.03% |
Max Drawdown (1Y)Largest decline over 1 year | -14.54% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -20.37% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -25.61% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -68.59% | — | — |
Current DrawdownCurrent decline from peak | -5.49% | -17.58% | +12.09% |
Average DrawdownAverage peak-to-trough decline | -19.29% | -8.75% | -10.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.49% | — | — |
Volatility
IYE vs. TEXU - Volatility Comparison
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Volatility by Period
| IYE | TEXU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.96% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 16.23% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 20.46% | 40.78% | -20.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.41% | 40.78% | -15.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.49% | 40.78% | -11.29% |
IYE vs. TEXU - Expense Ratio Comparison
IYE has a 0.42% expense ratio, which is lower than TEXU's 0.98% expense ratio.
Dividends
IYE vs. TEXU - Dividend Comparison
IYE's dividend yield for the trailing twelve months is around 2.15%, more than TEXU's 1.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IYE iShares U.S. Energy ETF | 2.15% | 2.85% | 2.75% | 2.99% | 3.37% | 2.98% | 4.75% | 6.60% | 3.16% | 2.66% | 2.11% | 3.39% |
TEXU Direxion Daily Energy Top 5 Bull 2X ETF | 1.39% | 0.67% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.93, IYE and TEXU move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, IYE is cheaper at 0.42% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IYE is cheaper with a 0.42% expense ratio, compared with 0.98% for TEXU.
IYE has the higher dividend yield at 2.15%, compared with 1.39% for TEXU.
IYE is categorized as Energy Equities, while TEXU is Leveraged Equities. IYE tracks Dow Jones U.S. Oil & Gas Index, while TEXU tracks S&P 500 Energy (Sector) Top 5 Equal Capped Index. They also come from different issuers: iShares and Direxion. Their fees differ too: 0.42% for IYE and 0.98% for TEXU.
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