QTUM vs. TSXU

Last updated Jun 24, 2026

QTUM (Defiance Quantum ETF) and TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) are both exchange-traded funds - QTUM is a Technology Equities fund tracking the BlueStar Machine Learning and Quantum Computing Index, while TSXU is a Leveraged Equities fund tracking the Solactive Semiconductor Top 5 Index (2x). Both are passively managed. Their correlation of 0.81 suggests significant overlap in exposure. QTUM charges 0.40%/yr vs 1.05%/yr for TSXU.

Performance

QTUM vs. TSXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Quantum ETF (QTUM) 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, QTUM achieves a 49.25% return, which is significantly lower than TSXU's 113.38% return.

QTUM

• 1D: -3.12%
• 1M: 6.45%
• YTD: 49.25%
• 6M: 46.84%
• 1Y: 87.39%
• 3Y*: 51.19%
• 5Y*: 28.34%
• 10Y*: —

TSXU

• 1D: -13.73%
• 1M: 19.65%
• YTD: 113.38%
• 6M: 118.38%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QTUM vs. TSXU - Yearly Performance Comparison

	2026 (YTD)	2025
QTUM Defiance Quantum ETF	49.25%	4.95%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	113.38%	37.96%

Correlation

The correlation between QTUM and TSXU is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025	0.81

Return for Risk

QTUM vs. TSXU — Risk / Return Rank

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

QTUM

QTUM Risk / Return Rank: 88
QTUM Sharpe Ratio Rank: 91
QTUM Sortino Ratio Rank: 83
QTUM Omega Ratio Rank: 83
QTUM Calmar Ratio Rank: 92
QTUM Martin Ratio Rank: 91

TSXU

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

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.

QTUM vs. TSXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Quantum ETF (QTUM) 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.

	QTUM	TSXU	Difference
Sharpe ratio: Return per unit of total volatility	3.02	—	—
Sortino ratio: Return per unit of downside risk	3.51	—	—
Omega ratio: Gain probability vs. loss probability	1.47	—	—
Calmar ratio: Return relative to maximum drawdown	5.76	—	—
Martin ratio: Return relative to average drawdown	20.75	—	—

Drawdowns

QTUM vs. TSXU - Drawdown Comparison

The maximum QTUM drawdown since its inception was -38.45%, which is greater than TSXU's maximum drawdown of -35.62%. Use the drawdown chart below to compare losses from any high point for QTUM and TSXU.

Drawdown Indicators

	QTUM	TSXU	Difference
Max Drawdown Largest peak-to-trough decline	-38.45%	-35.62%	-2.83%
Max Drawdown (1Y) Largest decline over 1 year	-15.26%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-25.39%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-38.45%	—	—
Current Drawdown Current decline from peak	-3.21%	-13.73%	+10.52%
Average Drawdown Average peak-to-trough decline	-8.22%	-10.67%	+2.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.23%	—	—

Volatility

Volatility by Period

	QTUM	TSXU	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.89%	—	—
Volatility (6M) Calculated over the trailing 6-month period	23.70%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	29.10%	89.70%	-60.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.17%	89.70%	-62.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.48%	89.70%	-62.22%

QTUM vs. TSXU - Expense Ratio Comparison

QTUM has a 0.40% expense ratio, which is lower than TSXU's 1.05% expense ratio.

Dividends

QTUM vs. TSXU - Dividend Comparison

QTUM's dividend yield for the trailing twelve months is around 0.72%, less than TSXU's 1.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
QTUM Defiance Quantum ETF	0.72%	1.01%	0.61%	0.81%	1.46%	0.48%	0.42%	0.61%	0.21%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	1.36%	2.54%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QTUM and TSXU in my portfolio?

QTUM and TSXU have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QTUM or TSXU?

On fees, QTUM is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QTUM or TSXU?

QTUM is cheaper with a 0.40% expense ratio, compared with 1.05% for TSXU.

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

TSXU has the higher dividend yield at 1.36%, compared with 0.72% for QTUM.

What is the main difference between QTUM and TSXU?

QTUM is categorized as Technology Equities, while TSXU is Leveraged Equities. QTUM tracks BlueStar Machine Learning and Quantum Computing Index, while TSXU tracks Solactive Semiconductor Top 5 Index (2x). They also come from different issuers: Defiance and Direxion. Their fees differ too: 0.40% for QTUM and 1.05% for TSXU.