TEXU vs. NVDU

Last updated Jun 30, 2026

TEXU (Direxion Daily Energy Top 5 Bull 2X ETF) and NVDU (Direxion Daily NVDA Bull 2X Shares ETF) are both Leveraged Equities funds from Direxion. Both are actively managed. At a correlation of -0.13, they often move in opposite directions.

Performance

TEXU vs. NVDU - 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 Direxion Daily NVDA Bull 2X Shares ETF (NVDU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TEXU achieves a 36.10% return, which is significantly higher than NVDU's -2.97% return.

TEXU

• 1D: -3.52%
• 1M: -13.41%
• YTD: 36.10%
• 6M: 37.64%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NVDU

• 1D: 3.33%
• 1M: -16.94%
• YTD: -2.97%
• 6M: -4.84%
• 1Y: 21.23%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TEXU vs. NVDU - Yearly Performance Comparison

	2026 (YTD)	2025
TEXU Direxion Daily Energy Top 5 Bull 2X ETF	36.10%	-1.42%
NVDU Direxion Daily NVDA Bull 2X Shares ETF	-2.97%	-6.27%

Correlation

The correlation between TEXU and NVDU is -0.13, 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 Oct 1, 2025	-0.13

Return for Risk

TEXU vs. NVDU — Risk / Return Rank

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

TEXU

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

NVDU

NVDU Risk / Return Rank: 15
NVDU Sharpe Ratio Rank: 13
NVDU Sortino Ratio Rank: 17
NVDU Omega Ratio Rank: 17
NVDU Calmar Ratio Rank: 15
NVDU Martin Ratio Rank: 14

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.

TEXU vs. NVDU - 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 Direxion Daily NVDA Bull 2X Shares ETF (NVDU). 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.

	TEXU	NVDU	Difference
Sharpe ratio: Return per unit of total volatility	—	0.30	—
Sortino ratio: Return per unit of downside risk	—	0.91	—
Omega ratio: Gain probability vs. loss probability	—	1.11	—
Calmar ratio: Return relative to maximum drawdown	—	0.50	—
Martin ratio: Return relative to average drawdown	—	1.08	—

Drawdowns

TEXU vs. NVDU - Drawdown Comparison

The maximum TEXU drawdown since its inception was -29.19%, smaller than the maximum NVDU drawdown of -67.27%. Use the drawdown chart below to compare losses from any high point for TEXU and NVDU.

Drawdown Indicators

	TEXU	NVDU	Difference
Max Drawdown Largest peak-to-trough decline	-29.19%	-67.27%	+38.08%
Max Drawdown (1Y) Largest decline over 1 year	—	-42.27%	—
Current Drawdown Current decline from peak	-29.19%	-33.91%	+4.72%
Average Drawdown Average peak-to-trough decline	-6.96%	-19.00%	+12.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	19.76%	—

Volatility

Volatility by Period

	TEXU	NVDU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	26.55%	—
Volatility (6M) Calculated over the trailing 6-month period	—	52.65%	—
Volatility (1Y) Calculated over the trailing 1-year period	40.81%	70.13%	-29.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.81%	90.85%	-50.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.81%	90.85%	-50.04%

Dividends

TEXU vs. NVDU - Dividend Comparison

TEXU's dividend yield for the trailing twelve months is around 1.62%, less than NVDU's 6.08% yield.

Position	TTM	2025	2024	2023
NVDU Direxion Daily NVDA Bull 2X Shares ETF	6.08%	5.68%	16.85%	0.63%
TEXU Direxion Daily Energy Top 5 Bull 2X ETF	1.62%	0.67%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TEXU and NVDU in my portfolio?

TEXU and NVDU have a correlation of -0.13, 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 NVDU?

NVDU has the higher dividend yield at 6.08%, compared with 1.62% for TEXU.