TEKY vs. TSXU

Last updated Jun 24, 2026

TEKY (Lazard Next Gen Technologies ETF) and TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) are both exchange-traded funds - TEKY is a Technology Equities fund actively managed by Lazard, while TSXU is a Leveraged Equities fund tracking the Solactive Semiconductor Top 5 Index (2x). TEKY is actively managed, while TSXU is passively managed. Their correlation of 0.82 suggests significant overlap in exposure. TEKY charges 0.50%/yr vs 1.05%/yr for TSXU.

Performance

TEKY vs. TSXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lazard Next Gen Technologies ETF (TEKY) 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, TEKY achieves a 20.06% return, which is significantly lower than TSXU's 113.38% return.

TEKY

• 1D: -4.74%
• 1M: 1.10%
• YTD: 20.06%
• 6M: 18.90%
• 1Y: 37.15%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSXU

• 1D: -13.73%
• 1M: 19.65%
• YTD: 113.38%
• 6M: 118.38%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TEKY vs. TSXU - Yearly Performance Comparison

	2026 (YTD)	2025
TEKY Lazard Next Gen Technologies ETF	20.06%	-1.51%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	113.38%	37.96%

Correlation

The correlation between TEKY and TSXU is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025	0.82

Return for Risk

TEKY vs. TSXU — Risk / Return Rank

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

TEKY

TEKY Risk / Return Rank: 40
TEKY Sharpe Ratio Rank: 46
TEKY Sortino Ratio Rank: 42
TEKY Omega Ratio Rank: 43
TEKY Calmar Ratio Rank: 37
TEKY Martin Ratio Rank: 34

TSXU

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

TEKY vs. TSXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lazard Next Gen Technologies ETF (TEKY) 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.

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.

	TEKY	TSXU	Difference
Sharpe ratio: Return per unit of total volatility	1.47	—	—
Sortino ratio: Return per unit of downside risk	1.98	—	—
Omega ratio: Gain probability vs. loss probability	1.26	—	—
Calmar ratio: Return relative to maximum drawdown	1.74	—	—
Martin ratio: Return relative to average drawdown	4.76	—	—

Drawdowns

TEKY vs. TSXU - Drawdown Comparison

The maximum TEKY drawdown since its inception was -21.43%, smaller than the maximum TSXU drawdown of -35.62%. Use the drawdown chart below to compare losses from any high point for TEKY and TSXU.

Drawdown Indicators

	TEKY	TSXU	Difference
Max Drawdown Largest peak-to-trough decline	-21.43%	-35.62%	+14.19%
Max Drawdown (1Y) Largest decline over 1 year	-21.43%	—	—
Current Drawdown Current decline from peak	-5.63%	-13.73%	+8.10%
Average Drawdown Average peak-to-trough decline	-4.81%	-10.67%	+5.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.83%	—	—

Volatility

Volatility by Period

	TEKY	TSXU	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.26%	—	—
Volatility (6M) Calculated over the trailing 6-month period	21.10%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	25.37%	89.70%	-64.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.80%	89.70%	-62.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.80%	89.70%	-62.90%

TEKY vs. TSXU - Expense Ratio Comparison

TEKY has a 0.50% expense ratio, which is lower than TSXU's 1.05% expense ratio.

Dividends

TEKY vs. TSXU - Dividend Comparison

TEKY's dividend yield for the trailing twelve months is around 0.17%, less than TSXU's 1.36% yield.

Position	TTM	2025
TEKY Lazard Next Gen Technologies ETF	0.17%	0.05%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	1.36%	2.54%

Frequently Asked Questions

Can I hold both TEKY and TSXU in my portfolio?

TEKY and TSXU have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TEKY or TSXU?

On fees, TEKY is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TEKY or TSXU?

TEKY is cheaper with a 0.50% expense ratio, compared with 1.05% for TSXU.

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

TSXU has the higher dividend yield at 1.36%, compared with 0.17% for TEKY.

What is the main difference between TEKY and TSXU?

TEKY is categorized as Technology Equities, while TSXU is Leveraged Equities. They also come from different issuers: Lazard and Direxion. Their fees differ too: 0.50% for TEKY and 1.05% for TSXU.