THNQ vs. TSXU

Last updated Jun 24, 2026

THNQ (ROBO Global Artificial Intelligence ETF) and TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) are both exchange-traded funds - THNQ is a Technology Equities fund tracking the ROBO Global Artificial Intelligence Index, while TSXU is a Leveraged Equities fund tracking the Solactive Semiconductor Top 5 Index (2x). Both are passively managed. A 0.75 correlation means they provide meaningful diversification when combined. THNQ charges 0.68%/yr vs 1.05%/yr for TSXU.

Performance

THNQ vs. TSXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ROBO Global Artificial Intelligence ETF (THNQ) and Direxion Daily Semiconductors Top 5 Bull 2X Shares (TSXU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, THNQ achieves a 36.10% return, which is significantly lower than TSXU's 113.38% return.

THNQ

• 1D: -3.25%
• 1M: 2.00%
• YTD: 36.10%
• 6M: 33.52%
• 1Y: 66.41%
• 3Y*: 35.10%
• 5Y*: 15.08%
• 10Y*: —

TSXU

• 1D: -13.73%
• 1M: 19.65%
• YTD: 113.38%
• 6M: 118.38%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

THNQ vs. TSXU - Yearly Performance Comparison

	2026 (YTD)	2025
THNQ ROBO Global Artificial Intelligence ETF	36.10%	-0.66%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	113.38%	37.96%

Correlation

The correlation between THNQ and TSXU is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025	0.75

Return for Risk

THNQ vs. TSXU — Risk / Return Rank

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

THNQ

THNQ Risk / Return Rank: 70
THNQ Sharpe Ratio Rank: 77
THNQ Sortino Ratio Rank: 66
THNQ Omega Ratio Rank: 65
THNQ Calmar Ratio Rank: 75
THNQ Martin Ratio Rank: 66

TSXU

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

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.

THNQ vs. TSXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ROBO Global Artificial Intelligence ETF (THNQ) and Direxion Daily Semiconductors Top 5 Bull 2X Shares (TSXU). 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.

	THNQ	TSXU	Difference
Sharpe ratio: Return per unit of total volatility	2.34	—	—
Sortino ratio: Return per unit of downside risk	2.87	—	—
Omega ratio: Gain probability vs. loss probability	1.37	—	—
Calmar ratio: Return relative to maximum drawdown	3.63	—	—
Martin ratio: Return relative to average drawdown	11.47	—	—

Drawdowns

THNQ vs. TSXU - Drawdown Comparison

The maximum THNQ drawdown since its inception was -50.56%, which is greater than TSXU's maximum drawdown of -35.62%. Use the drawdown chart below to compare losses from any high point for THNQ and TSXU.

Drawdown Indicators

	THNQ	TSXU	Difference
Max Drawdown Largest peak-to-trough decline	-50.56%	-35.62%	-14.94%
Max Drawdown (1Y) Largest decline over 1 year	-18.39%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-29.88%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-50.56%	—	—
Current Drawdown Current decline from peak	-7.60%	-13.73%	+6.13%
Average Drawdown Average peak-to-trough decline	-15.00%	-10.67%	-4.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.81%	—	—

Volatility

Volatility by Period

	THNQ	TSXU	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.15%	—	—
Volatility (6M) Calculated over the trailing 6-month period	23.09%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	28.49%	89.70%	-61.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.48%	89.70%	-60.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.89%	89.70%	-60.81%

THNQ vs. TSXU - Expense Ratio Comparison

THNQ has a 0.68% expense ratio, which is lower than TSXU's 1.05% expense ratio.

Dividends

THNQ vs. TSXU - Dividend Comparison

THNQ's dividend yield for the trailing twelve months is around 0.15%, less than TSXU's 1.36% yield.

Position	TTM	2025
THNQ ROBO Global Artificial Intelligence ETF	0.15%	0.20%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	1.36%	2.54%

Frequently Asked Questions

Can I hold both THNQ and TSXU in my portfolio?

THNQ and TSXU have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, THNQ or TSXU?

On fees, THNQ is cheaper at 0.68% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, THNQ or TSXU?

THNQ is cheaper with a 0.68% expense ratio, compared with 1.05% for TSXU.

Which ETF pays a higher dividend yield, THNQ or TSXU?

TSXU has the higher dividend yield at 1.36%, compared with 0.15% for THNQ.

What is the main difference between THNQ and TSXU?

THNQ is categorized as Technology Equities, while TSXU is Leveraged Equities. THNQ tracks ROBO Global Artificial Intelligence Index, while TSXU tracks Solactive Semiconductor Top 5 Index (2x). They also come from different issuers: Exchange Traded Concepts and Direxion. Their fees differ too: 0.68% for THNQ and 1.05% for TSXU.