TSXU vs. EPAI

Last updated Jun 3, 2026

TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) and EPAI (Harbor AI Inflection Strategy ETF) are both exchange-traded funds - TSXU is a Leveraged Equities fund tracking the Solactive Semiconductor Top 5 Index (2x), while EPAI is a Technology Equities fund actively managed by Harbor. TSXU is passively managed, while EPAI is actively managed. A 0.78 correlation means they provide meaningful diversification when combined. TSXU charges 1.05%/yr vs 0.88%/yr for EPAI.

Performance

TSXU vs. EPAI - 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 Harbor AI Inflection Strategy ETF (EPAI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TSXU achieves a 144.17% return, which is significantly higher than EPAI's 46.44% return.

TSXU

• 1D: 5.69%
• 1M: 70.75%
• YTD: 144.17%
• 6M: 129.95%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EPAI

• 1D: 3.66%
• 1M: 8.13%
• YTD: 46.44%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSXU vs. EPAI - Yearly Performance Comparison

	2026 (YTD)	2025
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	144.17%	11.39%
EPAI Harbor AI Inflection Strategy ETF	46.44%	0.86%

Correlation

The correlation between TSXU and EPAI is 0.78, 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 19, 2025	0.78

Return for Risk

TSXU vs. EPAI - 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 Harbor AI Inflection Strategy ETF (EPAI). 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.

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

Sharpe Ratios by Period

	TSXU	EPAI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	4.66	4.59	+0.07

Drawdowns

TSXU vs. EPAI - Drawdown Comparison

The maximum TSXU drawdown since its inception was -35.62%, which is greater than EPAI's maximum drawdown of -12.31%. Use the drawdown chart below to compare losses from any high point for TSXU and EPAI.

Drawdown Indicators

	TSXU	EPAI	Difference
Max Drawdown Largest peak-to-trough decline	-35.62%	-12.31%	-23.31%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-10.61%	-2.69%	-7.92%

Volatility

Volatility by Period

	TSXU	EPAI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	78.89%	30.74%	+48.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	78.89%	30.74%	+48.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	78.89%	30.74%	+48.15%

TSXU vs. EPAI - Expense Ratio Comparison

TSXU has a 1.05% expense ratio, which is higher than EPAI's 0.88% expense ratio.

Dividends

TSXU vs. EPAI - Dividend Comparison

TSXU's dividend yield for the trailing twelve months is around 1.19%, while EPAI has not paid dividends to shareholders.

Position	TTM	2025
EPAI Harbor AI Inflection Strategy ETF	0.00%	0.00%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	1.19%	2.54%

Frequently Asked Questions

Can I hold both TSXU and EPAI in my portfolio?

TSXU and EPAI have a correlation of 0.78, 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 EPAI?

On fees, EPAI is cheaper at 0.88% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TSXU or EPAI?

EPAI is cheaper with a 0.88% expense ratio, compared with 1.05% for TSXU.

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

TSXU has the higher dividend yield at 1.19%, compared with 0.00% for EPAI.

What is the main difference between TSXU and EPAI?

TSXU is categorized as Leveraged Equities, while EPAI is Technology Equities. They also come from different issuers: Direxion and Harbor. Their fees differ too: 1.05% for TSXU and 0.88% for EPAI.