TEXU vs. TERG

Last updated Jul 21, 2026

TEXU (Direxion Daily Energy Top 5 Bull 2X ETF) and TERG (Leverage Shares 2X Long TER Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a correlation of -0.04, they often move in opposite directions.

Performance

TEXU vs. TERG - 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 TER Daily ETF (TERG). 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 lower than TERG's 86.46% return.

TEXU

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

TERG

• 1D: 7.11%
• 1M: -47.87%
• 6M: 36.70%
• YTD: 86.46%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

TEXU vs. TERG - Yearly Performance Comparison

	2026 (YTD)	2025
TEXU Direxion Daily Energy Top 5 Bull 2X ETF	52.57%	-2.35%
TERG Leverage Shares 2X Long TER Daily ETF	86.46%	20.91%

Correlation

The correlation between TEXU and TERG is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 17, 2025	-0.04

Return for Risk

TEXU vs. TERG - 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 TER Daily ETF (TERG). 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. TERG - Drawdown Comparison

The maximum TEXU drawdown since its inception was -31.71%, smaller than the maximum TERG drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for TEXU and TERG.

Drawdown Indicators

	TEXU	TERG	Difference
Max Drawdown Largest peak-to-trough decline	-31.71%	-59.05%	+27.34%
Current Drawdown Current decline from peak	-20.62%	-56.14%	+35.52%
Average Drawdown Average peak-to-trough decline	-8.27%	-17.05%	+8.78%

Volatility

Volatility by Period

	TEXU	TERG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	40.63%	154.18%	-113.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.63%	154.18%	-113.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.63%	154.18%	-113.55%

Dividends

TEXU vs. TERG - Dividend Comparison

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

Position	TTM	2025
TERG Leverage Shares 2X Long TER 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 TERG in my portfolio?

TEXU and TERG have a correlation of -0.04, 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 TERG?

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

What is the main difference between TEXU and TERG?

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