TEXU vs. LULG

Last updated Jul 21, 2026

TEXU (Direxion Daily Energy Top 5 Bull 2X ETF) and LULG (Leverage Shares 2X Long LULU Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a correlation of -0.21, they often move in opposite directions.

Performance

TEXU vs. LULG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Energy Top 5 Bull 2X ETF (TEXU) and Leverage Shares 2X Long LULU Daily ETF (LULG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TEXU achieves a 52.57% return, which is significantly higher than LULG's -73.96% return.

TEXU

• 1D: 1.23%
• 1M: 8.43%
• 6M: 38.81%
• YTD: 52.57%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

LULG

• 1D: 0.62%
• 1M: 6.00%
• 6M: -72.20%
• YTD: -73.96%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

TEXU vs. LULG - Yearly Performance Comparison

	2026 (YTD)	2025
TEXU Direxion Daily Energy Top 5 Bull 2X ETF	52.57%	7.40%
LULG Leverage Shares 2X Long LULU Daily ETF	-73.96%	55.59%

Correlation

The correlation between TEXU and LULG is -0.21, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 5, 2025	-0.21

Return for Risk

TEXU vs. LULG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Energy Top 5 Bull 2X ETF (TEXU) and Leverage Shares 2X Long LULU Daily ETF (LULG). 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

TEXU vs. LULG - Drawdown Comparison

The maximum TEXU drawdown since its inception was -31.71%, smaller than the maximum LULG drawdown of -79.88%. Use the drawdown chart below to compare losses from any high point for TEXU and LULG.

Drawdown Indicators

	TEXU	LULG	Difference
Max Drawdown Largest peak-to-trough decline	-31.71%	-79.88%	+48.17%
Current Drawdown Current decline from peak	-20.62%	-75.88%	+55.26%
Average Drawdown Average peak-to-trough decline	-8.27%	-40.73%	+32.46%

Volatility

Volatility by Period

	TEXU	LULG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	40.63%	86.54%	-45.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.63%	86.54%	-45.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.63%	86.54%	-45.91%

Dividends

TEXU vs. LULG - Dividend Comparison

TEXU's dividend yield for the trailing twelve months is around 1.44%, while LULG has not paid dividends to shareholders.

Position	TTM	2025
LULG Leverage Shares 2X Long LULU Daily ETF	0.00%	0.00%
TEXU Direxion Daily Energy Top 5 Bull 2X ETF	1.44%	0.67%

Frequently Asked Questions

Can I hold both TEXU and LULG in my portfolio?

TEXU and LULG have a correlation of -0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF pays a higher dividend yield, TEXU or LULG?

TEXU has the higher dividend yield at 1.44%, compared with 0.00% for LULG.

What is the main difference between TEXU and LULG?

They also come from different issuers: Direxion and Leverage Shares.