TBXU vs. CRWG
TBXU (Direxion Daily Biotech Top 5 Bull 2X ETF) and CRWG (Leverage Shares 2X Long CRWV Daily ETF) are both Leveraged Equities funds. Both are actively managed. Their -0.02 correlation means they have often moved in opposite directions in the past. TBXU charges 0.98%/yr vs 0.75%/yr for CRWG.
Performance
TBXU vs. CRWG - Performance Comparison
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Returns By Period
In the year-to-date period, TBXU achieves a 11.23% return, which is significantly higher than CRWG's -46.53% return.
TBXU
- 1D
- -0.01%
- 1M
- -1.05%
- 6M
- 4.08%
- YTD
- 11.23%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
CRWG
- 1D
- -5.79%
- 1M
- -30.60%
- 6M
- -66.14%
- YTD
- -46.53%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $26.24M | $26.54M | $50.36M | |
| $63.65K | $98.60K | $56.83K |
TBXU vs. CRWG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TBXU Direxion Daily Biotech Top 5 Bull 2X ETF | 11.23% | 17.10% |
CRWG Leverage Shares 2X Long CRWV Daily ETF | -46.53% | -78.60% |
Correlation
The correlation between TBXU and CRWG is -0.02, 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 Oct 1, 2025 | -0.02 |
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Return for Risk
TBXU vs. CRWG - 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 CRWV Daily ETF (CRWG). 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. CRWG - Drawdown Comparison
The maximum TBXU drawdown since its inception was -26.53%, smaller than the maximum CRWG drawdown of -94.04%. Use the drawdown chart below to compare losses from any high point for TBXU and CRWG.
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Drawdown Indicators
| TBXU | CRWG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.53% | -94.04% | +67.51% |
Current DrawdownCurrent decline from peak | -6.69% | -92.01% | +85.32% |
Average DrawdownAverage peak-to-trough decline | -9.64% | -71.01% | +61.37% |
Volatility
TBXU vs. CRWG - Volatility Comparison
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Volatility by Period
| TBXU | CRWG | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 42.06% | 192.54% | -150.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.06% | 192.54% | -150.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.06% | 192.54% | -150.48% |
TBXU vs. CRWG - Expense Ratio Comparison
TBXU has a 0.98% expense ratio, which is higher than CRWG's 0.75% expense ratio.
Dividends
TBXU vs. CRWG - Dividend Comparison
TBXU's dividend yield for the trailing twelve months is around 1.82%, less than CRWG's 13.83% yield.
| Position | TTM | 2025 |
|---|---|---|
CRWG Leverage Shares 2X Long CRWV Daily ETF | 13.83% | 7.39% |
TBXU Direxion Daily Biotech Top 5 Bull 2X ETF | 1.82% | 1.33% |
Frequently Asked Questions
TBXU and CRWG have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CRWG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CRWG is cheaper with a 0.75% expense ratio, compared with 0.98% for TBXU.
CRWG has the higher dividend yield at 13.83%, compared with 1.82% for TBXU.
They also come from different issuers: Direxion and Leverage Shares. Their fees differ too: 0.98% for TBXU and 0.75% for CRWG.
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