TBXU vs. BRKL

Last updated Aug 1, 2026

TBXU (Direxion Daily Biotech Top 5 Bull 2X ETF) and BRKL (Corgi BRKB 2x Daily ETF) are both Leveraged Equities funds. Both are actively managed. Their 0.56 correlation means they have sometimes moved together and sometimes differently. TBXU charges 0.98%/yr vs 0.45%/yr for BRKL.

Performance

TBXU vs. BRKL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Biotech Top 5 Bull 2X ETF (TBXU) and Corgi BRKB 2x Daily ETF (BRKL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TBXU

• 1D: -0.01%
• 1M: -1.05%
• 6M: 4.08%
• YTD: 11.23%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

BRKL

• 1D: 0.85%
• 1M: —
• 6M: —
• YTD: —
• 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)
BRKL Corgi BRKB 2x Daily ETF	$853.16	$14.75K	$14.75K
TBXU Direxion Daily Biotech Top 5 Bull 2X ETF	$63.65K	$98.60K	$56.83K

TBXU vs. BRKL - Yearly Performance Comparison

	2026 (YTD)
TBXU Direxion Daily Biotech Top 5 Bull 2X ETF	0.37%
BRKL Corgi BRKB 2x Daily ETF	1.48%

Correlation

The correlation between TBXU and BRKL is 0.56, 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 Jul 7, 2026	0.56

Return for Risk

TBXU vs. BRKL - 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 Corgi BRKB 2x Daily ETF (BRKL). 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.

Drawdowns

TBXU vs. BRKL - Drawdown Comparison

The maximum TBXU drawdown since its inception was -26.53%, which is greater than BRKL's maximum drawdown of -7.03%. Use the drawdown chart below to compare losses from any high point for TBXU and BRKL.

Drawdown Indicators

	TBXU	BRKL	Difference
Max Drawdown Largest peak-to-trough decline	-26.53%	-7.03%	-19.50%
Current Drawdown Current decline from peak	-6.69%	-0.13%	-6.56%
Average Drawdown Average peak-to-trough decline	-9.64%	-4.14%	-5.50%

Volatility

Volatility by Period

	TBXU	BRKL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	42.06%	30.99%	+11.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.06%	30.99%	+11.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.06%	30.99%	+11.07%

TBXU vs. BRKL - Expense Ratio Comparison

TBXU has a 0.98% expense ratio, which is higher than BRKL's 0.45% expense ratio.

Dividends

TBXU vs. BRKL - Dividend Comparison

TBXU's dividend yield for the trailing twelve months is around 1.82%, while BRKL has not paid dividends to shareholders.

Position	TTM	2025
BRKL Corgi BRKB 2x Daily ETF	0.00%	0.00%
TBXU Direxion Daily Biotech Top 5 Bull 2X ETF	1.82%	1.33%

Frequently Asked Questions

Can I hold both TBXU and BRKL in my portfolio?

TBXU and BRKL have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TBXU or BRKL?

On fees, BRKL is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TBXU or BRKL?

BRKL is cheaper with a 0.45% expense ratio, compared with 0.98% for TBXU.

Which ETF pays a higher dividend yield, TBXU or BRKL?

TBXU has the higher dividend yield at 1.82%, compared with 0.00% for BRKL.

What is the main difference between TBXU and BRKL?

They also come from different issuers: Direxion and Corgi. Their fees differ too: 0.98% for TBXU and 0.45% for BRKL.