TECB vs. TSXU
TECB (iShares U.S. Tech Breakthrough Multisector ETF) and TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) are both exchange-traded funds - TECB is a Technology Equities fund tracking the NYSE FactSet U.S. Tech Breakthrough Index, while TSXU is a Leveraged Equities fund tracking the Solactive Semiconductor Top 5 Index (2x). Both are passively managed. A 0.65 correlation means they provide meaningful diversification when combined. TECB charges 0.40%/yr vs 1.05%/yr for TSXU.
Performance
TECB vs. TSXU - Performance Comparison
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Returns By Period
In the year-to-date period, TECB achieves a 19.78% return, which is significantly lower than TSXU's 141.91% return.
TECB
- 1D
- -0.89%
- 1M
- 12.64%
- YTD
- 19.78%
- 6M
- 18.27%
- 1Y
- 34.41%
- 3Y*
- 26.35%
- 5Y*
- 14.60%
- 10Y*
- —
TSXU
- 1D
- -0.92%
- 1M
- 66.50%
- YTD
- 141.91%
- 6M
- 130.37%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TECB vs. TSXU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TECB iShares U.S. Tech Breakthrough Multisector ETF | 19.78% | 0.22% |
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares | 141.91% | 13.59% |
Correlation
The correlation between TECB and TSXU is 0.65, 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 | 0.65 |
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Return for Risk
TECB vs. TSXU — Risk / Return Rank
TECB
TSXU
TECB vs. TSXU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Tech Breakthrough Multisector ETF (TECB) 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.
| TECB | TSXU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.34 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.13 | — | — |
| Martin ratioReturn relative to average drawdown | 6.24 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TECB | TSXU | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.03 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.62 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.73 | 4.53 | -3.80 |
Drawdowns
TECB vs. TSXU - Drawdown Comparison
The maximum TECB drawdown since its inception was -41.62%, which is greater than TSXU's maximum drawdown of -35.62%. Use the drawdown chart below to compare losses from any high point for TECB and TSXU.
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Drawdown Indicators
| TECB | TSXU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.62% | -35.62% | -6.00% |
Max Drawdown (1Y)Largest decline over 1 year | -16.24% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -23.91% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -41.62% | — | — |
Current DrawdownCurrent decline from peak | -1.70% | -0.92% | -0.78% |
Average DrawdownAverage peak-to-trough decline | -10.18% | -10.56% | +0.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.53% | — | — |
Volatility
TECB vs. TSXU - Volatility Comparison
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Volatility by Period
| TECB | TSXU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.28% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 13.17% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 17.05% | 78.68% | -61.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.51% | 78.68% | -55.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.37% | 78.68% | -53.31% |
TECB vs. TSXU - Expense Ratio Comparison
TECB has a 0.40% expense ratio, which is lower than TSXU's 1.05% expense ratio.
Dividends
TECB vs. TSXU - Dividend Comparison
TECB's dividend yield for the trailing twelve months is around 0.28%, less than TSXU's 1.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
TECB iShares U.S. Tech Breakthrough Multisector ETF | 0.28% | 0.33% | 0.35% | 0.23% | 0.61% | 0.35% | 0.77% |
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares | 1.20% | 2.54% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TECB and TSXU have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TECB is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TECB is cheaper with a 0.40% expense ratio, compared with 1.05% for TSXU.
TSXU has the higher dividend yield at 1.20%, compared with 0.28% for TECB.
TECB is categorized as Technology Equities, while TSXU is Leveraged Equities. TECB tracks NYSE FactSet U.S. Tech Breakthrough Index, while TSXU tracks Solactive Semiconductor Top 5 Index (2x). They also come from different issuers: iShares and Direxion. Their fees differ too: 0.40% for TECB and 1.05% for TSXU.
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