TSXU vs. OKTG

Last updated Jul 17, 2026

TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) and OKTG (Leverage Shares 2X Long OKTA Daily ETF) are both Leveraged Equities funds. TSXU is passively managed, while OKTG is actively managed. At a 0.14 correlation, their price movements are largely independent. TSXU charges 1.05%/yr vs 0.75%/yr for OKTG.

Performance

TSXU vs. OKTG - 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 OKTA Daily ETF (OKTG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TSXU achieves a 86.53% return, which is significantly lower than OKTG's 110.88% return.

TSXU

• 1D: -8.45%
• 1M: -10.51%
• 6M: 60.40%
• YTD: 86.53%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

OKTG

• 1D: -4.61%
• 1M: 54.71%
• 6M: 88.98%
• YTD: 110.88%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSXU vs. OKTG - Yearly Performance Comparison

	2026 (YTD)	2025
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	86.53%	-3.20%
OKTG Leverage Shares 2X Long OKTA Daily ETF	110.88%	5.90%

Correlation

The correlation between TSXU and OKTG is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 17, 2025	0.14

Return for Risk

TSXU vs. OKTG - 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 OKTA Daily ETF (OKTG). 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. OKTG - Drawdown Comparison

The maximum TSXU drawdown since its inception was -35.62%, smaller than the maximum OKTG drawdown of -60.69%. Use the drawdown chart below to compare losses from any high point for TSXU and OKTG.

Drawdown Indicators

	TSXU	OKTG	Difference
Max Drawdown Largest peak-to-trough decline	-35.62%	-60.69%	+25.07%
Current Drawdown Current decline from peak	-24.58%	-9.20%	-15.38%
Average Drawdown Average peak-to-trough decline	-10.99%	-22.77%	+11.78%

Volatility

Volatility by Period

	TSXU	OKTG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	90.63%	133.12%	-42.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	90.63%	133.12%	-42.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	90.63%	133.12%	-42.49%

TSXU vs. OKTG - Expense Ratio Comparison

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

Dividends

TSXU vs. OKTG - Dividend Comparison

TSXU's dividend yield for the trailing twelve months is around 1.88%, while OKTG has not paid dividends to shareholders.

Position	TTM	2025
OKTG Leverage Shares 2X Long OKTA Daily ETF	0.00%	0.00%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	1.88%	2.54%

Frequently Asked Questions

Can I hold both TSXU and OKTG in my portfolio?

TSXU and OKTG 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.

Which ETF is better, TSXU or OKTG?

On fees, OKTG 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 OKTG?

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

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

TSXU has the higher dividend yield at 1.88%, compared with 0.00% for OKTG.

What is the main difference between TSXU and OKTG?

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