TEXU vs. NUG

Last updated Jul 22, 2026

TEXU (Direxion Daily Energy Top 5 Bull 2X ETF) and NUG (Leverage Shares 2X Long NU Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a correlation of -0.19, they often move in opposite directions.

Performance

TEXU vs. NUG - 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 NU Daily ETF (NUG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TEXU achieves a 54.62% return, which is significantly higher than NUG's -37.38% return.

TEXU

• 1D: 1.34%
• 1M: 9.89%
• 6M: 41.92%
• YTD: 54.62%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

NUG

• 1D: 5.05%
• 1M: 25.01%
• 6M: -38.49%
• YTD: -37.38%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

TEXU vs. NUG - Yearly Performance Comparison

	2026 (YTD)	2025
TEXU Direxion Daily Energy Top 5 Bull 2X ETF	54.62%	-2.35%
NUG Leverage Shares 2X Long NU Daily ETF	-37.38%	9.30%

Correlation

The correlation between TEXU and NUG is -0.19, 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 17, 2025	-0.19

Return for Risk

TEXU vs. NUG - 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 NU Daily ETF (NUG). 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. NUG - Drawdown Comparison

The maximum TEXU drawdown since its inception was -31.71%, smaller than the maximum NUG drawdown of -66.15%. Use the drawdown chart below to compare losses from any high point for TEXU and NUG.

Drawdown Indicators

	TEXU	NUG	Difference
Max Drawdown Largest peak-to-trough decline	-31.71%	-66.15%	+34.44%
Current Drawdown Current decline from peak	-19.56%	-49.34%	+29.78%
Average Drawdown Average peak-to-trough decline	-8.33%	-34.55%	+26.22%

Volatility

Volatility by Period

	TEXU	NUG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	40.54%	79.01%	-38.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.54%	79.01%	-38.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.54%	79.01%	-38.47%

Dividends

TEXU vs. NUG - Dividend Comparison

TEXU's dividend yield for the trailing twelve months is around 1.42%, while NUG has not paid dividends to shareholders.

Position	TTM	2025
NUG Leverage Shares 2X Long NU Daily ETF	0.00%	0.00%
TEXU Direxion Daily Energy Top 5 Bull 2X ETF	1.42%	0.67%

Frequently Asked Questions

Can I hold both TEXU and NUG in my portfolio?

TEXU and NUG have a correlation of -0.19, 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 NUG?

TEXU has the higher dividend yield at 1.42%, compared with 0.00% for NUG.

What is the main difference between TEXU and NUG?

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