SHEH vs. TEXU

Last updated Jul 30, 2026

SHEH (Shell plc ADRhedged ETF) and TEXU (Direxion Daily Energy Top 5 Bull 2X ETF) are both exchange-traded funds - SHEH is a Energy Equities fund tracking the Shell plc - Benchmark Price Return, while TEXU is a Leveraged Equities fund tracking the S&P 500 Energy (Sector) Top 5 Equal Capped Index. Both are passively managed. Their 0.68 correlation means they have sometimes moved together and sometimes differently. SHEH charges 0.19%/yr vs 0.98%/yr for TEXU.

Performance

SHEH vs. TEXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Shell plc ADRhedged ETF (SHEH) and Direxion Daily Energy Top 5 Bull 2X ETF (TEXU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SHEH achieves a 22.29% return, which is significantly lower than TEXU's 56.99% return.

SHEH

• 1D: 1.98%
• 1M: 13.74%
• 6M: 21.43%
• YTD: 22.29%
• 1Y: 23.86%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 28.80%

TEXU

• 1D: 2.35%
• 1M: 15.36%
• 6M: 29.66%
• YTD: 56.99%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SHEH Shell plc ADRhedged ETF	$470.58K	$486.89K	$265.20K
TEXU Direxion Daily Energy Top 5 Bull 2X ETF	$74.94K	$92.92K	$96.10K

SHEH vs. TEXU - Yearly Performance Comparison

	2026 (YTD)	2025
SHEH Shell plc ADRhedged ETF	22.29%	3.25%
TEXU Direxion Daily Energy Top 5 Bull 2X ETF	56.99%	-1.42%

Correlation

The correlation between SHEH and TEXU 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

Return for Risk

SHEH vs. TEXU — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SHEH

SHEH Risk / Return Rank: 45
SHEH Sharpe Ratio Rank: 49
SHEH Sortino Ratio Rank: 48
SHEH Omega Ratio Rank: 47
SHEH Calmar Ratio Rank: 41
SHEH Martin Ratio Rank: 38

TEXU

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SHEH vs. TEXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Shell plc ADRhedged ETF (SHEH) and Direxion Daily Energy Top 5 Bull 2X ETF (TEXU). 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.

	SHEH	TEXU	Difference
Sharpe ratio: Return per unit of total volatility	1.15	—	—
Sortino ratio: Return per unit of downside risk	1.64	—	—
Omega ratio: Gain probability vs. loss probability	1.20	—	—
Calmar ratio: Return relative to maximum drawdown	1.37	—	—
Martin ratio: Return relative to average drawdown	3.73	—	—

Drawdowns

SHEH vs. TEXU - Drawdown Comparison

The maximum SHEH drawdown since its inception was -17.53%, smaller than the maximum TEXU drawdown of -31.71%. Use the drawdown chart below to compare losses from any high point for SHEH and TEXU.

Drawdown Indicators

	SHEH	TEXU	Difference
Max Drawdown Largest peak-to-trough decline	-17.53%	-31.71%	+14.18%
Max Drawdown (1Y) Largest decline over 1 year	-17.53%	—	—
Current Drawdown Current decline from peak	-5.72%	-18.32%	+12.60%
Average Drawdown Average peak-to-trough decline	-4.14%	-8.58%	+4.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.41%	—	—

Volatility

Volatility by Period

	SHEH	TEXU	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.94%	—	—
Volatility (6M) Calculated over the trailing 6-month period	17.33%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	20.94%	40.88%	-19.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.54%	40.88%	-20.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.54%	40.88%	-20.34%

SHEH vs. TEXU - Expense Ratio Comparison

SHEH has a 0.19% expense ratio, which is lower than TEXU's 0.98% expense ratio.

Dividends

SHEH vs. TEXU - Dividend Comparison

SHEH's dividend yield for the trailing twelve months is around 1.90%, more than TEXU's 1.40% yield.

Position	TTM	2025
SHEH Shell plc ADRhedged ETF	1.90%	0.00%
TEXU Direxion Daily Energy Top 5 Bull 2X ETF	1.40%	0.67%

Frequently Asked Questions

Can I hold both SHEH and TEXU in my portfolio?

SHEH and TEXU 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, SHEH or TEXU?

On fees, SHEH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SHEH or TEXU?

SHEH is cheaper with a 0.19% expense ratio, compared with 0.98% for TEXU.

Which ETF pays a higher dividend yield, SHEH or TEXU?

SHEH has the higher dividend yield at 1.90%, compared with 1.40% for TEXU.

What is the main difference between SHEH and TEXU?

SHEH is categorized as Energy Equities, while TEXU is Leveraged Equities. SHEH tracks Shell plc - Benchmark Price Return, while TEXU tracks S&P 500 Energy (Sector) Top 5 Equal Capped Index. They also come from different issuers: ADRhedged and Direxion. Their fees differ too: 0.19% for SHEH and 0.98% for TEXU.