TEXU vs. TSLL

Last updated Jun 30, 2026

TEXU (Direxion Daily Energy Top 5 Bull 2X ETF) and TSLL (Direxion Daily TSLA Bull 2X ETF) are both Leveraged Equities funds from Direxion. Both are actively managed. At a correlation of -0.03, they often move in opposite directions.

Performance

TEXU vs. TSLL - 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 TSLA Bull 2X ETF (TSLL). 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 TSLL's -27.51% return.

TEXU

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

TSLL

• 1D: 17.38%
• 1M: -13.65%
• YTD: -27.51%
• 6M: -30.70%
• 1Y: 17.42%
• 3Y*: -3.19%
• 5Y*: —
• 10Y*: —

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

TEXU vs. TSLL - Yearly Performance Comparison

	2026 (YTD)	2025
TEXU Direxion Daily Energy Top 5 Bull 2X ETF	36.10%	-1.42%
TSLL Direxion Daily TSLA Bull 2X ETF	-27.51%	-6.27%

Correlation

The correlation between TEXU and TSLL is -0.03, 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 Oct 1, 2025	-0.03

Return for Risk

TEXU vs. TSLL — 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.

TSLL

TSLL Risk / Return Rank: 14
TSLL Sharpe Ratio Rank: 12
TSLL Sortino Ratio Rank: 18
TSLL Omega Ratio Rank: 16
TSLL Calmar Ratio Rank: 12
TSLL Martin Ratio Rank: 12

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. TSLL - 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 TSLA Bull 2X ETF (TSLL). 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	TSLL	Difference
Sharpe ratio: Return per unit of total volatility	—	0.20	—
Sortino ratio: Return per unit of downside risk	—	0.91	—
Omega ratio: Gain probability vs. loss probability	—	1.10	—
Calmar ratio: Return relative to maximum drawdown	—	0.32	—
Martin ratio: Return relative to average drawdown	—	0.64	—

Drawdowns

TEXU vs. TSLL - Drawdown Comparison

The maximum TEXU drawdown since its inception was -29.19%, smaller than the maximum TSLL drawdown of -82.88%. Use the drawdown chart below to compare losses from any high point for TEXU and TSLL.

Drawdown Indicators

	TEXU	TSLL	Difference
Max Drawdown Largest peak-to-trough decline	-29.19%	-82.88%	+53.69%
Max Drawdown (1Y) Largest decline over 1 year	—	-54.75%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-82.88%	—
Current Drawdown Current decline from peak	-29.19%	-63.39%	+34.20%
Average Drawdown Average peak-to-trough decline	-6.96%	-53.97%	+47.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	27.50%	—

Volatility

Volatility by Period

	TEXU	TSLL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	32.84%	—
Volatility (6M) Calculated over the trailing 6-month period	—	59.04%	—
Volatility (1Y) Calculated over the trailing 1-year period	40.81%	88.92%	-48.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.81%	107.05%	-66.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.81%	107.05%	-66.24%

Dividends

TEXU vs. TSLL - Dividend Comparison

TEXU's dividend yield for the trailing twelve months is around 1.62%, less than TSLL's 7.22% yield.

Position	TTM	2025	2024	2023	2022
TEXU Direxion Daily Energy Top 5 Bull 2X ETF	1.62%	0.67%	0.00%	0.00%	0.00%
TSLL Direxion Daily TSLA Bull 2X ETF	7.22%	5.00%	2.47%	4.44%	1.57%

Frequently Asked Questions

Can I hold both TEXU and TSLL in my portfolio?

TEXU and TSLL have a correlation of -0.03, 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 TSLL?

TSLL has the higher dividend yield at 7.22%, compared with 1.62% for TEXU.