METW vs. TSXU

Last updated Jun 4, 2026

METW (Roundhill Meta Weeklypay ETF) and TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) are both exchange-traded funds - METW is a Technology Equities fund tracking the Ball Metaverse Index, while TSXU is a Leveraged Equities fund tracking the Solactive Semiconductor Top 5 Index (2x). Both are passively managed. At a 0.41 correlation, their price movements are largely independent. METW charges 0.59%/yr vs 1.05%/yr for TSXU.

Performance

METW vs. TSXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Meta Weeklypay ETF (METW) 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, METW achieves a -8.79% return, which is significantly lower than TSXU's 141.91% return.

METW

• 1D: 5.19%
• 1M: 2.24%
• YTD: -8.79%
• 6M: -5.41%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSXU

• 1D: -0.92%
• 1M: 66.50%
• YTD: 141.91%
• 6M: 130.37%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

METW vs. TSXU - Yearly Performance Comparison

	2026 (YTD)	2025
METW Roundhill Meta Weeklypay ETF	-8.79%	-10.39%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	141.91%	13.59%

Correlation

The correlation between METW and TSXU is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 2, 2025	0.41

Return for Risk

METW vs. TSXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Meta Weeklypay ETF (METW) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	METW	TSXU	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.40	4.53	-4.93

Drawdowns

METW vs. TSXU - Drawdown Comparison

The maximum METW drawdown since its inception was -40.52%, which is greater than TSXU's maximum drawdown of -35.62%. Use the drawdown chart below to compare losses from any high point for METW and TSXU.

Drawdown Indicators

	METW	TSXU	Difference
Max Drawdown Largest peak-to-trough decline	-40.52%	-35.62%	-4.90%
Current Drawdown Current decline from peak	-27.63%	-0.92%	-26.71%
Average Drawdown Average peak-to-trough decline	-17.31%	-10.56%	-6.75%

Volatility

Volatility by Period

	METW	TSXU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	42.57%	78.68%	-36.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.57%	78.68%	-36.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.57%	78.68%	-36.11%

METW vs. TSXU - Expense Ratio Comparison

METW has a 0.59% expense ratio, which is lower than TSXU's 1.05% expense ratio.

Dividends

METW vs. TSXU - Dividend Comparison

METW's dividend yield for the trailing twelve months is around 55.37%, more than TSXU's 1.20% yield.

Position	TTM	2025
METW Roundhill Meta Weeklypay ETF	55.37%	30.89%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	1.20%	2.54%

Frequently Asked Questions

Can I hold both METW and TSXU in my portfolio?

METW and TSXU have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, METW or TSXU?

On fees, METW is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, METW or TSXU?

METW is cheaper with a 0.59% expense ratio, compared with 1.05% for TSXU.

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

METW has the higher dividend yield at 55.37%, compared with 1.20% for TSXU.

What is the main difference between METW and TSXU?

METW is categorized as Technology Equities, while TSXU is Leveraged Equities. METW tracks Ball Metaverse Index, while TSXU tracks Solactive Semiconductor Top 5 Index (2x). They also come from different issuers: Roundhill and Direxion. Their fees differ too: 0.59% for METW and 1.05% for TSXU.