TBXU vs. ADBG
TBXU (Direxion Daily Biotech Top 5 Bull 2X ETF) and ADBG (Leverage Shares 2X Long ADBE Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a correlation of -0.01, they often move in opposite directions. TBXU charges 0.98%/yr vs 0.75%/yr for ADBG.
Performance
TBXU vs. ADBG - Performance Comparison
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Returns By Period
In the year-to-date period, TBXU achieves a -1.39% return, which is significantly higher than ADBG's -54.70% return.
TBXU
- 1D
- 4.10%
- 1M
- 1.42%
- YTD
- -1.39%
- 6M
- -3.42%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ADBG
- 1D
- -5.32%
- 1M
- -1.91%
- YTD
- -54.70%
- 6M
- -54.25%
- 1Y
- -71.70%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TBXU vs. ADBG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TBXU Direxion Daily Biotech Top 5 Bull 2X ETF | -1.39% | 18.24% |
ADBG Leverage Shares 2X Long ADBE Daily ETF | -54.70% | -1.35% |
Correlation
The correlation between TBXU and ADBG is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 2, 2025 | -0.01 |
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Return for Risk
TBXU vs. ADBG — Risk / Return Rank
TBXU
ADBG
TBXU vs. ADBG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Biotech Top 5 Bull 2X ETF (TBXU) and Leverage Shares 2X Long ADBE Daily ETF (ADBG). 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.
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Sharpe Ratios by Period
| TBXU | ADBG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | -1.07 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.62 | -0.93 | +1.55 |
Drawdowns
TBXU vs. ADBG - Drawdown Comparison
The maximum TBXU drawdown since its inception was -26.53%, smaller than the maximum ADBG drawdown of -76.71%. Use the drawdown chart below to compare losses from any high point for TBXU and ADBG.
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Drawdown Indicators
| TBXU | ADBG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.53% | -76.71% | +50.18% |
Max Drawdown (1Y)Largest decline over 1 year | — | -76.23% | — |
Current DrawdownCurrent decline from peak | -17.29% | -72.49% | +55.20% |
Average DrawdownAverage peak-to-trough decline | -8.79% | -41.84% | +33.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 50.52% | — |
Volatility
TBXU vs. ADBG - Volatility Comparison
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Volatility by Period
| TBXU | ADBG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 27.94% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 56.40% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 41.38% | 67.29% | -25.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.38% | 66.90% | -25.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.38% | 66.90% | -25.52% |
TBXU vs. ADBG - Expense Ratio Comparison
TBXU has a 0.98% expense ratio, which is higher than ADBG's 0.75% expense ratio.
Dividends
TBXU vs. ADBG - Dividend Comparison
TBXU's dividend yield for the trailing twelve months is around 1.68%, while ADBG has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
ADBG Leverage Shares 2X Long ADBE Daily ETF | 0.00% | 0.00% |
TBXU Direxion Daily Biotech Top 5 Bull 2X ETF | 1.68% | 1.33% |
Frequently Asked Questions
TBXU and ADBG have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ADBG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ADBG is cheaper with a 0.75% expense ratio, compared with 0.98% for TBXU.
TBXU has the higher dividend yield at 1.68%, compared with 0.00% for ADBG.
They also come from different issuers: Direxion and Leverage Shares. Their fees differ too: 0.98% for TBXU and 0.75% for ADBG.
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