TSXU vs. DRAM

Last updated Jul 12, 2026

TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) and DRAM (Roundhill Memory ETF) are both exchange-traded funds - TSXU is a Leveraged Equities fund tracking the Solactive Semiconductor Top 5 Index (2x), while DRAM is a Technology Equities fund actively managed by Roundhill. TSXU is passively managed, while DRAM is actively managed. Their correlation of 0.85 suggests significant overlap in exposure. TSXU charges 1.05%/yr vs 0.65%/yr for DRAM.

Performance

TSXU vs. DRAM - 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 Roundhill Memory ETF (DRAM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TSXU

• 1D: 1.54%
• 1M: 6.19%
• 6M: 104.53%
• YTD: 119.17%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DRAM

• 1D: -2.05%
• 1M: -3.03%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSXU vs. DRAM - Yearly Performance Comparison

	2026 (YTD)
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	126.91%
DRAM Roundhill Memory ETF	133.48%

Correlation

The correlation between TSXU and DRAM is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 2, 2026	0.85

Return for Risk

TSXU vs. DRAM - 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 Roundhill Memory ETF (DRAM). 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. DRAM - Drawdown Comparison

The maximum TSXU drawdown since its inception was -35.62%, which is greater than DRAM's maximum drawdown of -24.94%. Use the drawdown chart below to compare losses from any high point for TSXU and DRAM.

Drawdown Indicators

	TSXU	DRAM	Difference
Max Drawdown Largest peak-to-trough decline	-35.62%	-24.94%	-10.68%
Current Drawdown Current decline from peak	-11.39%	-21.90%	+10.51%
Average Drawdown Average peak-to-trough decline	-10.83%	-5.51%	-5.32%

Volatility

Volatility by Period

	TSXU	DRAM	Difference
Volatility (1Y) Calculated over the trailing 1-year period	90.21%	94.88%	-4.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	90.21%	94.88%	-4.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	90.21%	94.88%	-4.67%

TSXU vs. DRAM - Expense Ratio Comparison

TSXU has a 1.05% expense ratio, which is higher than DRAM's 0.65% expense ratio.

Dividends

TSXU vs. DRAM - Dividend Comparison

TSXU's dividend yield for the trailing twelve months is around 1.60%, while DRAM has not paid dividends to shareholders.

Position	TTM	2025
DRAM Roundhill Memory ETF	0.00%	0.00%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	1.60%	2.54%

Frequently Asked Questions

Can I hold both TSXU and DRAM in my portfolio?

TSXU and DRAM have a correlation of 0.85, 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 DRAM?

On fees, DRAM is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TSXU or DRAM?

DRAM is cheaper with a 0.65% expense ratio, compared with 1.05% for TSXU.

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

TSXU has the higher dividend yield at 1.60%, compared with 0.00% for DRAM.

What is the main difference between TSXU and DRAM?

TSXU is categorized as Leveraged Equities, while DRAM is Technology Equities. They also come from different issuers: Direxion and Roundhill. Their fees differ too: 1.05% for TSXU and 0.65% for DRAM.