TSXU vs. BEG

Last updated Jun 24, 2026

TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) and BEG (Leverage Shares 2X Long BE Daily ETF) are both Leveraged Equities funds. TSXU is passively managed, while BEG is actively managed. A 0.51 correlation means they provide meaningful diversification when combined. TSXU charges 1.05%/yr vs 0.75%/yr for BEG.

Performance

TSXU vs. BEG - Performance Comparison

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

Returns By Period

In the year-to-date period, TSXU achieves a 113.38% return, which is significantly lower than BEG's 658.88% return.

TSXU

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

BEG

• 1D: -13.66%
• 1M: 4.00%
• YTD: 658.88%
• 6M: 577.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSXU vs. BEG - Yearly Performance Comparison

	2026 (YTD)	2025
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	113.38%	5.37%
BEG Leverage Shares 2X Long BE Daily ETF	658.88%	1.77%

Correlation

The correlation between TSXU and BEG is 0.51, 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 Dec 16, 2025	0.51

Return for Risk

TSXU vs. BEG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Semiconductors Top 5 Bull 2X Shares (TSXU) and Leverage Shares 2X Long BE Daily ETF (BEG). 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

TSXU vs. BEG - Drawdown Comparison

The maximum TSXU drawdown since its inception was -35.62%, smaller than the maximum BEG drawdown of -59.85%. Use the drawdown chart below to compare losses from any high point for TSXU and BEG.

Drawdown Indicators

	TSXU	BEG	Difference
Max Drawdown Largest peak-to-trough decline	-35.62%	-59.85%	+24.23%
Current Drawdown Current decline from peak	-13.73%	-13.66%	-0.07%
Average Drawdown Average peak-to-trough decline	-10.67%	-16.74%	+6.07%

Volatility

Volatility by Period

	TSXU	BEG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	89.70%	212.91%	-123.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	89.70%	212.91%	-123.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	89.70%	212.91%	-123.21%

TSXU vs. BEG - Expense Ratio Comparison

TSXU has a 1.05% expense ratio, which is higher than BEG's 0.75% expense ratio.

Dividends

TSXU vs. BEG - Dividend Comparison

TSXU's dividend yield for the trailing twelve months is around 1.36%, while BEG has not paid dividends to shareholders.

Position	TTM	2025
BEG Leverage Shares 2X Long BE Daily ETF	0.00%	0.00%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	1.36%	2.54%

Frequently Asked Questions

Can I hold both TSXU and BEG in my portfolio?

TSXU and BEG have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TSXU or BEG?

On fees, BEG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TSXU or BEG?

BEG is cheaper with a 0.75% expense ratio, compared with 1.05% for TSXU.

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

TSXU has the higher dividend yield at 1.36%, compared with 0.00% for BEG.

What is the main difference between TSXU and BEG?

They also come from different issuers: Direxion and Leverage Shares. Their fees differ too: 1.05% for TSXU and 0.75% for BEG.