NXTG vs. TSXU

Last updated Jun 4, 2026

NXTG (First Trust IndXX NextG ETF) and TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) are both exchange-traded funds - NXTG is a Technology Equities fund tracking the Indxx 5G & NextG Thematic Index, while TSXU is a Leveraged Equities fund tracking the Solactive Semiconductor Top 5 Index (2x). Both are passively managed. A 0.78 correlation means they provide meaningful diversification when combined. NXTG charges 0.70%/yr vs 1.05%/yr for TSXU.

Performance

NXTG vs. TSXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust IndXX NextG ETF (NXTG) 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, NXTG achieves a 54.54% return, which is significantly lower than TSXU's 141.91% return.

NXTG

• 1D: -0.82%
• 1M: 22.84%
• YTD: 54.54%
• 6M: 55.39%
• 1Y: 82.82%
• 3Y*: 35.56%
• 5Y*: 19.17%
• 10Y*: 17.94%

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)

NXTG vs. TSXU - Yearly Performance Comparison

	2026 (YTD)	2025
NXTG First Trust IndXX NextG ETF	54.54%	3.66%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	141.91%	13.59%

Correlation

The correlation between NXTG and TSXU is 0.78, 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	0.78

Return for Risk

NXTG vs. TSXU — Risk / Return Rank

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

NXTG

NXTG Risk / Return Rank: 96
NXTG Sharpe Ratio Rank: 97
NXTG Sortino Ratio Rank: 96
NXTG Omega Ratio Rank: 96
NXTG Calmar Ratio Rank: 95
NXTG Martin Ratio Rank: 95

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.

NXTG vs. TSXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust IndXX NextG ETF (NXTG) 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.

	NXTG	TSXU	Difference
Sharpe ratio: Return per unit of total volatility	4.52	—	—
Sortino ratio: Return per unit of downside risk	5.69	—	—
Omega ratio: Gain probability vs. loss probability	1.77	—	—
Calmar ratio: Return relative to maximum drawdown	8.10	—	—
Martin ratio: Return relative to average drawdown	31.73	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	NXTG	TSXU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.52	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.08	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.95	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.69	4.53	-3.84

Drawdowns

NXTG vs. TSXU - Drawdown Comparison

The maximum NXTG drawdown since its inception was -33.61%, smaller than the maximum TSXU drawdown of -35.62%. Use the drawdown chart below to compare losses from any high point for NXTG and TSXU.

Drawdown Indicators

	NXTG	TSXU	Difference
Max Drawdown Largest peak-to-trough decline	-33.61%	-35.62%	+2.01%
Max Drawdown (1Y) Largest decline over 1 year	-10.28%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-17.75%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-33.61%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.61%	—	—
Current Drawdown Current decline from peak	-0.82%	-0.92%	+0.10%
Average Drawdown Average peak-to-trough decline	-7.87%	-10.56%	+2.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.62%	—	—

Volatility

Volatility by Period

	NXTG	TSXU	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.27%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.26%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.44%	78.68%	-60.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.93%	78.68%	-60.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.88%	78.68%	-59.80%

NXTG vs. TSXU - Expense Ratio Comparison

NXTG has a 0.70% expense ratio, which is lower than TSXU's 1.05% expense ratio.

Dividends

NXTG vs. TSXU - Dividend Comparison

NXTG's dividend yield for the trailing twelve months is around 1.11%, less than TSXU's 1.20% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NXTG First Trust IndXX NextG ETF	1.11%	1.56%	1.51%	2.15%	2.04%	1.97%	1.04%	0.77%	1.27%	1.65%	1.23%	1.11%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	1.20%	2.54%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both NXTG and TSXU in my portfolio?

NXTG and TSXU have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NXTG or TSXU?

On fees, NXTG is cheaper at 0.70% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NXTG or TSXU?

NXTG is cheaper with a 0.70% expense ratio, compared with 1.05% for TSXU.

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

TSXU has the higher dividend yield at 1.20%, compared with 1.11% for NXTG.

What is the main difference between NXTG and TSXU?

NXTG is categorized as Technology Equities, while TSXU is Leveraged Equities. NXTG tracks Indxx 5G & NextG Thematic Index, while TSXU tracks Solactive Semiconductor Top 5 Index (2x). They also come from different issuers: First Trust and Direxion. Their fees differ too: 0.70% for NXTG and 1.05% for TSXU.