TTXU vs. CMGG

Last updated Jul 12, 2026

TTXU (Direxion Daily Technology Top 5 Bull 2X ETF) and CMGG (Leverage Shares 2X Long CMG Daily ETF) are both Leveraged Equities funds. TTXU is passively managed, while CMGG is actively managed. At a correlation of -0.02, they often move in opposite directions. TTXU charges 0.98%/yr vs 0.75%/yr for CMGG.

Performance

TTXU vs. CMGG - Performance Comparison

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

Returns By Period

In the year-to-date period, TTXU achieves a 50.13% return, which is significantly higher than CMGG's -20.13% return.

TTXU

• 1D: 0.66%
• 1M: 8.12%
• 6M: 55.95%
• YTD: 50.13%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CMGG

• 1D: 4.18%
• 1M: 17.79%
• 6M: -31.72%
• YTD: -20.13%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TTXU vs. CMGG - Yearly Performance Comparison

	2026 (YTD)	2025
TTXU Direxion Daily Technology Top 5 Bull 2X ETF	50.13%	-10.19%
CMGG Leverage Shares 2X Long CMG Daily ETF	-20.13%	36.20%

Correlation

The correlation between TTXU and CMGG is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 17, 2025	-0.02

Return for Risk

TTXU vs. CMGG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Technology Top 5 Bull 2X ETF (TTXU) and Leverage Shares 2X Long CMG Daily ETF (CMGG). 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

TTXU vs. CMGG - Drawdown Comparison

The maximum TTXU drawdown since its inception was -51.47%, smaller than the maximum CMGG drawdown of -56.75%. Use the drawdown chart below to compare losses from any high point for TTXU and CMGG.

Drawdown Indicators

	TTXU	CMGG	Difference
Max Drawdown Largest peak-to-trough decline	-51.47%	-56.75%	+5.28%
Current Drawdown Current decline from peak	-16.26%	-33.76%	+17.50%
Average Drawdown Average peak-to-trough decline	-22.21%	-24.50%	+2.29%

Volatility

Volatility by Period

	TTXU	CMGG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	63.88%	69.90%	-6.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	63.88%	69.90%	-6.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	63.88%	69.90%	-6.02%

TTXU vs. CMGG - Expense Ratio Comparison

TTXU has a 0.98% expense ratio, which is higher than CMGG's 0.75% expense ratio.

Dividends

TTXU vs. CMGG - Dividend Comparison

TTXU's dividend yield for the trailing twelve months is around 0.50%, while CMGG has not paid dividends to shareholders.

Position	TTM	2025
CMGG Leverage Shares 2X Long CMG Daily ETF	0.00%	0.00%
TTXU Direxion Daily Technology Top 5 Bull 2X ETF	0.50%	0.34%

Frequently Asked Questions

Can I hold both TTXU and CMGG in my portfolio?

TTXU and CMGG have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TTXU or CMGG?

On fees, CMGG 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, TTXU or CMGG?

CMGG is cheaper with a 0.75% expense ratio, compared with 0.98% for TTXU.

Which ETF pays a higher dividend yield, TTXU or CMGG?

TTXU has the higher dividend yield at 0.50%, compared with 0.00% for CMGG.

What is the main difference between TTXU and CMGG?

They also come from different issuers: Direxion and Leverage Shares. Their fees differ too: 0.98% for TTXU and 0.75% for CMGG.