TEXU vs. TSLL

Last updated Jul 21, 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 -0.09, 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 52.57% return, which is significantly higher than TSLL's -43.03% return.

TEXU

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

TSLL

• 1D: -5.84%
• 1M: -17.90%
• 6M: -39.21%
• YTD: -43.03%
• 1Y: -8.68%
• 3Y*: -10.06%
• 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	52.57%	-1.42%
TSLL Direxion Daily TSLA Bull 2X ETF	-43.03%	-6.27%

Correlation

The correlation between TEXU and TSLL is -0.09, 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	-0.09

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: 11
TSLL Sharpe Ratio Rank: 9
TSLL Sortino Ratio Rank: 14
TSLL Omega Ratio Rank: 14
TSLL Calmar Ratio Rank: 8
TSLL Martin Ratio Rank: 9

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	—	-0.10	—
Sortino ratio: Return per unit of downside risk	—	0.50	—
Omega ratio: Gain probability vs. loss probability	—	1.06	—
Calmar ratio: Return relative to maximum drawdown	—	-0.16	—
Martin ratio: Return relative to average drawdown	—	-0.30	—

Drawdowns

TEXU vs. TSLL - Drawdown Comparison

The maximum TEXU drawdown since its inception was -31.71%, 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	-31.71%	-82.88%	+51.17%
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	-20.62%	-71.23%	+50.61%
Average Drawdown Average peak-to-trough decline	-8.27%	-54.15%	+45.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	29.30%	—

Volatility

Volatility by Period

	TEXU	TSLL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	34.06%	—
Volatility (6M) Calculated over the trailing 6-month period	—	62.66%	—
Volatility (1Y) Calculated over the trailing 1-year period	40.63%	89.18%	-48.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.63%	107.08%	-66.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.63%	107.08%	-66.45%

Dividends

TEXU vs. TSLL - Dividend Comparison

TEXU's dividend yield for the trailing twelve months is around 1.44%, less than TSLL's 9.19% yield.

Position	TTM	2025	2024	2023	2022
TEXU Direxion Daily Energy Top 5 Bull 2X ETF	1.44%	0.67%	0.00%	0.00%	0.00%
TSLL Direxion Daily TSLA Bull 2X ETF	9.19%	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 -0.09, 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 9.19%, compared with 1.44% for TEXU.