TTEQ vs. TSXU

Last updated Jun 4, 2026

TTEQ (T. Rowe Price Technology ETF) and TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) are both exchange-traded funds - TTEQ is a Technology Equities fund actively managed by T. Rowe Price, while TSXU is a Leveraged Equities fund tracking the Solactive Semiconductor Top 5 Index (2x). TTEQ is actively managed, while TSXU is passively managed. Their correlation of 0.88 suggests significant overlap in exposure. TTEQ charges 0.63%/yr vs 1.05%/yr for TSXU.

Performance

TTEQ vs. TSXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Technology ETF (TTEQ) 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, TTEQ achieves a 38.44% return, which is significantly lower than TSXU's 141.91% return.

TTEQ

• 1D: -0.82%
• 1M: 18.60%
• YTD: 38.44%
• 6M: 35.90%
• 1Y: 66.44%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSXU

• 1D: -0.92%
• 1M: 66.50%
• YTD: 141.91%
• 6M: 130.37%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TTEQ vs. TSXU - Yearly Performance Comparison

	2026 (YTD)	2025
TTEQ T. Rowe Price Technology ETF	38.44%	-0.01%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	141.91%	13.59%

Correlation

The correlation between TTEQ and TSXU is 0.88, 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 Oct 2, 2025	0.88

Return for Risk

TTEQ vs. TSXU — Risk / Return Rank

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

TTEQ

TTEQ Risk / Return Rank: 78
TTEQ Sharpe Ratio Rank: 86
TTEQ Sortino Ratio Rank: 79
TTEQ Omega Ratio Rank: 79
TTEQ Calmar Ratio Rank: 77
TTEQ Martin Ratio Rank: 68

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.

TTEQ vs. TSXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Technology ETF (TTEQ) 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.

	TTEQ	TSXU	Difference
Sharpe ratio: Return per unit of total volatility	2.87	—	—
Sortino ratio: Return per unit of downside risk	3.53	—	—
Omega ratio: Gain probability vs. loss probability	1.47	—	—
Calmar ratio: Return relative to maximum drawdown	3.86	—	—
Martin ratio: Return relative to average drawdown	12.43	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	TTEQ	TSXU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.87	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.62	4.53	-2.92

Drawdowns

TTEQ vs. TSXU - Drawdown Comparison

The maximum TTEQ drawdown since its inception was -26.97%, smaller than the maximum TSXU drawdown of -35.62%. Use the drawdown chart below to compare losses from any high point for TTEQ and TSXU.

Drawdown Indicators

	TTEQ	TSXU	Difference
Max Drawdown Largest peak-to-trough decline	-26.97%	-35.62%	+8.65%
Max Drawdown (1Y) Largest decline over 1 year	-17.31%	—	—
Current Drawdown Current decline from peak	-0.82%	-0.92%	+0.10%
Average Drawdown Average peak-to-trough decline	-4.76%	-10.56%	+5.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.36%	—	—

Volatility

Volatility by Period

	TTEQ	TSXU	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.97%	—	—
Volatility (6M) Calculated over the trailing 6-month period	18.88%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	23.30%	78.68%	-55.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.30%	78.68%	-51.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.30%	78.68%	-51.38%

TTEQ vs. TSXU - Expense Ratio Comparison

TTEQ has a 0.63% expense ratio, which is lower than TSXU's 1.05% expense ratio.

Dividends

TTEQ vs. TSXU - Dividend Comparison

TTEQ has not paid dividends to shareholders, while TSXU's dividend yield for the trailing twelve months is around 1.20%.

Position	TTM	2025
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	1.20%	2.54%
TTEQ T. Rowe Price Technology ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both TTEQ and TSXU in my portfolio?

TTEQ and TSXU have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TTEQ or TSXU?

On fees, TTEQ is cheaper at 0.63% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TTEQ or TSXU?

TTEQ is cheaper with a 0.63% expense ratio, compared with 1.05% for TSXU.

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

TSXU has the higher dividend yield at 1.20%, compared with 0.00% for TTEQ.

What is the main difference between TTEQ and TSXU?

TTEQ is categorized as Technology Equities, while TSXU is Leveraged Equities. They also come from different issuers: T. Rowe Price and Direxion. Their fees differ too: 0.63% for TTEQ and 1.05% for TSXU.