TEXU vs. XTAP
TEXU (Direxion Daily Energy Top 5 Bull 2X ETF) and XTAP (Innovator U.S. Equity Accelerated Plus ETF) are both Leveraged Equities funds. Both are actively managed. At a correlation of -0.14, they often move in opposite directions.
Performance
TEXU vs. XTAP - Performance Comparison
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Returns By Period
In the year-to-date period, TEXU achieves a 36.10% return, which is significantly higher than XTAP's 11.05% return.
TEXU
- 1D
- -3.52%
- 1M
- -13.41%
- YTD
- 36.10%
- 6M
- 37.64%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XTAP
- 1D
- 0.53%
- 1M
- -0.06%
- YTD
- 11.05%
- 6M
- 11.04%
- 1Y
- 18.56%
- 3Y*
- 16.77%
- 5Y*
- 10.74%
- 10Y*
- —
TEXU vs. XTAP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TEXU Direxion Daily Energy Top 5 Bull 2X ETF | 36.10% | -1.42% |
XTAP Innovator U.S. Equity Accelerated Plus ETF | 11.05% | 2.63% |
Correlation
The correlation between TEXU and XTAP is -0.14, 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 | -0.14 |
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Return for Risk
TEXU vs. XTAP — Risk / Return Rank
TEXU
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
XTAP
TEXU vs. XTAP - 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 Innovator U.S. Equity Accelerated Plus ETF (XTAP). 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 | XTAP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 2.00 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 10.86 | — |
| Martin ratioReturn relative to average drawdown | — | 57.34 | — |
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Drawdowns
TEXU vs. XTAP - Drawdown Comparison
The maximum TEXU drawdown since its inception was -29.19%, which is greater than XTAP's maximum drawdown of -22.13%. Use the drawdown chart below to compare losses from any high point for TEXU and XTAP.
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Drawdown Indicators
| TEXU | XTAP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.19% | -22.13% | -7.06% |
Max Drawdown (1Y)Largest decline over 1 year | — | -1.72% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -11.83% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.13% | — |
Current DrawdownCurrent decline from peak | -29.19% | -0.23% | -28.96% |
Average DrawdownAverage peak-to-trough decline | -6.96% | -3.42% | -3.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.32% | — |
Volatility
TEXU vs. XTAP - Volatility Comparison
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Volatility by Period
| TEXU | XTAP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.11% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 3.76% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 40.81% | 4.76% | +36.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.81% | 14.55% | +26.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.81% | 14.34% | +26.47% |
Dividends
TEXU vs. XTAP - Dividend Comparison
TEXU's dividend yield for the trailing twelve months is around 1.62%, while XTAP has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
TEXU Direxion Daily Energy Top 5 Bull 2X ETF | 1.62% | 0.67% |
XTAP Innovator U.S. Equity Accelerated Plus ETF | 0.00% | 0.00% |
Frequently Asked Questions
TEXU and XTAP have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TEXU has the higher dividend yield at 1.62%, compared with 0.00% for XTAP.
They also come from different issuers: Direxion and Innovator.
Find the right allocation for TEXU and XTAP
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