TCHI vs. TSXU

Last updated Jun 4, 2026

TCHI (iShares MSCI China Multisector Tech ETF) and TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) are both exchange-traded funds - TCHI is a Technology Equities fund tracking the MSCI China Technology Sub-Industries Select Capped Index - Benchmark TR Net, while TSXU is a Leveraged Equities fund tracking the Solactive Semiconductor Top 5 Index (2x). Both are passively managed. A 0.58 correlation means they provide meaningful diversification when combined. TCHI charges 0.59%/yr vs 1.05%/yr for TSXU.

Performance

TCHI vs. TSXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI China Multisector Tech ETF (TCHI) and Direxion Daily Semiconductors Top 5 Bull 2X Shares (TSXU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TCHI achieves a 11.01% return, which is significantly lower than TSXU's 141.91% return.

TCHI

• 1D: -0.54%
• 1M: 9.28%
• YTD: 11.01%
• 6M: 11.70%
• 1Y: 44.38%
• 3Y*: 17.38%
• 5Y*: —
• 10Y*: —

TSXU

• 1D: -0.92%
• 1M: 66.50%
• YTD: 141.91%
• 6M: 130.37%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TCHI vs. TSXU - Yearly Performance Comparison

	2026 (YTD)	2025
TCHI iShares MSCI China Multisector Tech ETF	11.01%	-10.83%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	141.91%	13.59%

Correlation

The correlation between TCHI and TSXU is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 2, 2025	0.58

Return for Risk

TCHI vs. TSXU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TCHI

TCHI Risk / Return Rank: 44
TCHI Sharpe Ratio Rank: 50
TCHI Sortino Ratio Rank: 48
TCHI Omega Ratio Rank: 47
TCHI Calmar Ratio Rank: 43
TCHI Martin Ratio Rank: 31

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TCHI vs. TSXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI China Multisector Tech ETF (TCHI) and Direxion Daily Semiconductors Top 5 Bull 2X Shares (TSXU). 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.

	TCHI	TSXU	Difference
Sharpe ratio: Return per unit of total volatility	1.74	—	—
Sortino ratio: Return per unit of downside risk	2.39	—	—
Omega ratio: Gain probability vs. loss probability	1.30	—	—
Calmar ratio: Return relative to maximum drawdown	2.15	—	—
Martin ratio: Return relative to average drawdown	4.74	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	TCHI	TSXU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.74	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.10	4.53	-4.44

Drawdowns

TCHI vs. TSXU - Drawdown Comparison

The maximum TCHI drawdown since its inception was -43.96%, which is greater than TSXU's maximum drawdown of -35.62%. Use the drawdown chart below to compare losses from any high point for TCHI and TSXU.

Drawdown Indicators

	TCHI	TSXU	Difference
Max Drawdown Largest peak-to-trough decline	-43.96%	-35.62%	-8.34%
Max Drawdown (1Y) Largest decline over 1 year	-20.73%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-27.78%	—	—
Current Drawdown Current decline from peak	-2.88%	-0.92%	-1.96%
Average Drawdown Average peak-to-trough decline	-21.49%	-10.56%	-10.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.39%	—	—

Volatility

Volatility by Period

	TCHI	TSXU	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.03%	—	—
Volatility (6M) Calculated over the trailing 6-month period	17.79%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	25.64%	78.68%	-53.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.88%	78.68%	-43.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.88%	78.68%	-43.80%

TCHI vs. TSXU - Expense Ratio Comparison

TCHI has a 0.59% expense ratio, which is lower than TSXU's 1.05% expense ratio.

Dividends

TCHI vs. TSXU - Dividend Comparison

TCHI's dividend yield for the trailing twelve months is around 2.19%, more than TSXU's 1.20% yield.

Position	TTM	2025	2024	2023	2022
TCHI iShares MSCI China Multisector Tech ETF	2.19%	2.44%	2.49%	4.28%	1.07%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	1.20%	2.54%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TCHI and TSXU in my portfolio?

TCHI and TSXU have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TCHI or TSXU?

On fees, TCHI is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TCHI or TSXU?

TCHI is cheaper with a 0.59% expense ratio, compared with 1.05% for TSXU.

Which ETF pays a higher dividend yield, TCHI or TSXU?

TCHI has the higher dividend yield at 2.19%, compared with 1.20% for TSXU.

What is the main difference between TCHI and TSXU?

TCHI is categorized as Technology Equities, while TSXU is Leveraged Equities. TCHI tracks MSCI China Technology Sub-Industries Select Capped Index - Benchmark TR Net, while TSXU tracks Solactive Semiconductor Top 5 Index (2x). They also come from different issuers: iShares and Direxion. Their fees differ too: 0.59% for TCHI and 1.05% for TSXU.