PSCT vs. TSXU

Last updated Jun 4, 2026

PSCT (Invesco S&P SmallCap Information Technology ETF) and TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) are both exchange-traded funds - PSCT is a Technology Equities fund tracking the S&P SmallCap 600 Information Technology Index, while TSXU is a Leveraged Equities fund tracking the Solactive Semiconductor Top 5 Index (2x). Both are passively managed. A 0.68 correlation means they provide meaningful diversification when combined. PSCT charges 0.29%/yr vs 1.05%/yr for TSXU.

Performance

PSCT vs. TSXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P SmallCap Information Technology ETF (PSCT) 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, PSCT achieves a 54.18% return, which is significantly lower than TSXU's 141.91% return.

PSCT

• 1D: -1.18%
• 1M: 15.45%
• YTD: 54.18%
• 6M: 50.59%
• 1Y: 98.87%
• 3Y*: 23.44%
• 5Y*: 13.84%
• 10Y*: 16.70%

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)

PSCT vs. TSXU - Yearly Performance Comparison

	2026 (YTD)	2025
PSCT Invesco S&P SmallCap Information Technology ETF	54.18%	5.59%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	141.91%	13.59%

Correlation

The correlation between PSCT and TSXU is 0.68, 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	0.68

Return for Risk

PSCT vs. TSXU — Risk / Return Rank

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

PSCT

PSCT Risk / Return Rank: 89
PSCT Sharpe Ratio Rank: 92
PSCT Sortino Ratio Rank: 85
PSCT Omega Ratio Rank: 81
PSCT Calmar Ratio Rank: 93
PSCT Martin Ratio Rank: 94

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.

PSCT vs. TSXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap Information Technology ETF (PSCT) 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.

	PSCT	TSXU	Difference
Sharpe ratio: Return per unit of total volatility	3.35	—	—
Sortino ratio: Return per unit of downside risk	3.88	—	—
Omega ratio: Gain probability vs. loss probability	1.49	—	—
Calmar ratio: Return relative to maximum drawdown	6.72	—	—
Martin ratio: Return relative to average drawdown	28.34	—	—
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

	PSCT	TSXU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.35	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.63	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.62	4.53	-3.91

Drawdowns

PSCT vs. TSXU - Drawdown Comparison

The maximum PSCT drawdown since its inception was -40.44%, which is greater than TSXU's maximum drawdown of -35.62%. Use the drawdown chart below to compare losses from any high point for PSCT and TSXU.

Drawdown Indicators

	PSCT	TSXU	Difference
Max Drawdown Largest peak-to-trough decline	-40.44%	-35.62%	-4.82%
Max Drawdown (1Y) Largest decline over 1 year	-14.80%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-33.96%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-34.80%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-40.44%	—	—
Current Drawdown Current decline from peak	-1.18%	-0.92%	-0.26%
Average Drawdown Average peak-to-trough decline	-7.91%	-10.56%	+2.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.50%	—	—

Volatility

Volatility by Period

	PSCT	TSXU	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.00%	—	—
Volatility (6M) Calculated over the trailing 6-month period	21.05%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	29.82%	78.68%	-48.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.68%	78.68%	-51.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.67%	78.68%	-52.01%

PSCT vs. TSXU - Expense Ratio Comparison

PSCT has a 0.29% expense ratio, which is lower than TSXU's 1.05% expense ratio.

Dividends

PSCT vs. TSXU - Dividend Comparison

PSCT's dividend yield for the trailing twelve months is around 0.01%, less than TSXU's 1.20% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PSCT Invesco S&P SmallCap Information Technology ETF	0.01%	0.02%	0.01%	0.02%	0.00%	0.01%	0.08%	0.22%	0.47%	0.19%	0.25%	0.15%
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 PSCT and TSXU in my portfolio?

PSCT 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.

Which ETF is better, PSCT or TSXU?

On fees, PSCT is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PSCT or TSXU?

PSCT is cheaper with a 0.29% expense ratio, compared with 1.05% for TSXU.

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

TSXU has the higher dividend yield at 1.20%, compared with 0.01% for PSCT.

What is the main difference between PSCT and TSXU?

PSCT is categorized as Technology Equities, while TSXU is Leveraged Equities. PSCT tracks S&P SmallCap 600 Information Technology Index, while TSXU tracks Solactive Semiconductor Top 5 Index (2x). They also come from different issuers: Invesco and Direxion. Their fees differ too: 0.29% for PSCT and 1.05% for TSXU.