METV vs. TSXU
METV (Roundhill Ball Metaverse ETF) and TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) are both exchange-traded funds - METV is a Technology Equities fund tracking the Ball Metaverse Index - Benchmark TR Net, while TSXU is a Leveraged Equities fund tracking the Solactive Semiconductor Top 5 Index (2x). Both are passively managed. Their 0.68 correlation means they have sometimes moved together and sometimes differently. METV charges 0.75%/yr vs 1.05%/yr for TSXU.
Performance
METV vs. TSXU - Performance Comparison
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Returns By Period
In the year-to-date period, METV achieves a 1.19% return, which is significantly lower than TSXU's 100.33% return.
METV
- 1D
- 2.00%
- 1M
- 1.46%
- 6M
- 9.40%
- YTD
- 1.19%
- 1Y
- 4.54%
- 3Y*
- 22.55%
- 5Y*
- 5.32%
- 10Y*
- —
- ALL TIME*
- 4.73%
TSXU
- 1D
- 10.36%
- 1M
- 1.20%
- 6M
- 71.74%
- YTD
- 100.33%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $763.15K | $886.46K | $952.24K | |
| $10.88M | $6.26M | $3.34M |
METV vs. TSXU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
METV Roundhill Ball Metaverse ETF | 1.19% | -8.67% |
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares | 100.33% | 37.96% |
Correlation
The correlation between METV and TSXU is 0.68, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025 | 0.68 |
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Return for Risk
METV vs. TSXU — Risk / Return Rank
METV
TSXU
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
METV vs. TSXU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill Ball Metaverse ETF (METV) 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.
| METV | TSXU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.05 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.16 | — | — |
| Martin ratioReturn relative to average drawdown | 0.34 | — | — |
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Drawdowns
METV vs. TSXU - Drawdown Comparison
The maximum METV drawdown since its inception was -59.64%, which is greater than TSXU's maximum drawdown of -38.13%. Use the drawdown chart below to compare losses from any high point for METV and TSXU.
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Drawdown Indicators
| METV | TSXU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.64% | -38.13% | -21.51% |
Max Drawdown (1Y)Largest decline over 1 year | -28.27% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -28.27% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -59.64% | — | — |
Current DrawdownCurrent decline from peak | -10.50% | -19.01% | +8.51% |
Average DrawdownAverage peak-to-trough decline | -25.55% | -11.80% | -13.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.37% | — | — |
Volatility
METV vs. TSXU - Volatility Comparison
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Volatility by Period
| METV | TSXU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.49% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 19.50% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 25.39% | 93.03% | -67.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.11% | 93.03% | -62.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.89% | 93.03% | -63.14% |
METV vs. TSXU - Expense Ratio Comparison
METV has a 0.75% expense ratio, which is lower than TSXU's 1.05% expense ratio.
Dividends
METV vs. TSXU - Dividend Comparison
METV's dividend yield for the trailing twelve months is around 0.18%, less than TSXU's 1.75% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
METV Roundhill Ball Metaverse ETF | 0.18% | 0.18% | 0.00% | 0.17% | 0.09% |
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares | 1.75% | 2.54% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
METV and TSXU have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, METV is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
METV is cheaper with a 0.75% expense ratio, compared with 1.05% for TSXU.
TSXU has the higher dividend yield at 1.75%, compared with 0.18% for METV.
METV is categorized as Technology Equities, while TSXU is Leveraged Equities. METV tracks Ball Metaverse Index - Benchmark TR Net, while TSXU tracks Solactive Semiconductor Top 5 Index (2x). They also come from different issuers: Roundhill and Direxion. Their fees differ too: 0.75% for METV and 1.05% for TSXU.
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