TBXU vs. BEX
TBXU (Direxion Daily Biotech Top 5 Bull 2X ETF) and BEX (Tradr 2X Long BE Daily ETF) are both Leveraged Equities funds. Both are actively managed. Their -0.08 correlation means they have often moved in opposite directions in the past. TBXU charges 0.98%/yr vs 1.30%/yr for BEX.
Performance
TBXU vs. BEX - Performance Comparison
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Returns By Period
TBXU
- 1D
- -0.01%
- 1M
- -1.05%
- 6M
- 4.08%
- YTD
- 11.23%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
BEX
- 1D
- -0.74%
- 1M
- -51.56%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $83.57M | $80.37M | $68.34M | |
| $63.65K | $98.60K | $56.83K |
TBXU vs. BEX - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
TBXU Direxion Daily Biotech Top 5 Bull 2X ETF | 18.85% |
BEX Tradr 2X Long BE Daily ETF | -69.85% |
Correlation
The correlation between TBXU and BEX is -0.08, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 26, 2026 | -0.08 |
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Return for Risk
TBXU vs. BEX - 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 Tradr 2X Long BE Daily ETF (BEX). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Drawdowns
TBXU vs. BEX - Drawdown Comparison
The maximum TBXU drawdown since its inception was -26.53%, smaller than the maximum BEX drawdown of -82.16%. Use the drawdown chart below to compare losses from any high point for TBXU and BEX.
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Drawdown Indicators
| TBXU | BEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.53% | -82.16% | +55.63% |
Current DrawdownCurrent decline from peak | -6.69% | -72.82% | +66.13% |
Average DrawdownAverage peak-to-trough decline | -9.64% | -41.43% | +31.79% |
Volatility
TBXU vs. BEX - Volatility Comparison
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Volatility by Period
| TBXU | BEX | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 42.06% | 264.69% | -222.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.06% | 264.69% | -222.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.06% | 264.69% | -222.63% |
TBXU vs. BEX - Expense Ratio Comparison
TBXU has a 0.98% expense ratio, which is lower than BEX's 1.30% expense ratio.
Dividends
TBXU vs. BEX - Dividend Comparison
TBXU's dividend yield for the trailing twelve months is around 1.82%, while BEX has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
BEX Tradr 2X Long BE Daily ETF | 0.00% | 0.00% |
TBXU Direxion Daily Biotech Top 5 Bull 2X ETF | 1.82% | 1.33% |
Frequently Asked Questions
TBXU and BEX have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TBXU is cheaper at 0.98% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TBXU is cheaper with a 0.98% expense ratio, compared with 1.30% for BEX.
TBXU has the higher dividend yield at 1.82%, compared with 0.00% for BEX.
They also come from different issuers: Direxion and Tradr. Their fees differ too: 0.98% for TBXU and 1.30% for BEX.
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