TBXU vs. BOEG
TBXU (Direxion Daily Biotech Top 5 Bull 2X ETF) and BOEG (Leverage Shares 2X Long BA Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.25 correlation, their price movements are largely independent. TBXU charges 0.98%/yr vs 0.75%/yr for BOEG.
Performance
TBXU vs. BOEG - 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 BOEG's -10.55% return.
TBXU
- 1D
- 4.10%
- 1M
- 1.42%
- YTD
- -1.39%
- 6M
- -3.42%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BOEG
- 1D
- -1.93%
- 1M
- -14.03%
- YTD
- -10.55%
- 6M
- 2.45%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TBXU vs. BOEG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TBXU Direxion Daily Biotech Top 5 Bull 2X ETF | -1.39% | 18.24% |
BOEG Leverage Shares 2X Long BA Daily ETF | -10.55% | -3.88% |
Correlation
The correlation between TBXU and BOEG is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 2, 2025 | 0.25 |
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Return for Risk
TBXU vs. BOEG - 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 BA Daily ETF (BOEG). 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 | BOEG | Difference | |
|---|---|---|---|
Sharpe Ratio (All Time)Calculated using the full available price history | 0.62 | -0.07 | +0.69 |
Drawdowns
TBXU vs. BOEG - Drawdown Comparison
The maximum TBXU drawdown since its inception was -26.53%, smaller than the maximum BOEG drawdown of -46.47%. Use the drawdown chart below to compare losses from any high point for TBXU and BOEG.
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Drawdown Indicators
| TBXU | BOEG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.53% | -46.47% | +19.94% |
Current DrawdownCurrent decline from peak | -17.29% | -32.84% | +15.55% |
Average DrawdownAverage peak-to-trough decline | -8.79% | -19.17% | +10.38% |
Volatility
TBXU vs. BOEG - Volatility Comparison
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Volatility by Period
| TBXU | BOEG | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 41.38% | 63.47% | -22.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.38% | 63.47% | -22.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.38% | 63.47% | -22.09% |
TBXU vs. BOEG - Expense Ratio Comparison
TBXU has a 0.98% expense ratio, which is higher than BOEG's 0.75% expense ratio.
Dividends
TBXU vs. BOEG - Dividend Comparison
TBXU's dividend yield for the trailing twelve months is around 1.68%, while BOEG has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
BOEG Leverage Shares 2X Long BA Daily ETF | 0.00% | 0.00% |
TBXU Direxion Daily Biotech Top 5 Bull 2X ETF | 1.68% | 1.33% |
Frequently Asked Questions
TBXU and BOEG have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BOEG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BOEG 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 BOEG.
They also come from different issuers: Direxion and Leverage Shares. Their fees differ too: 0.98% for TBXU and 0.75% for BOEG.
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