TTXU vs. FVD

Last updated Aug 2, 2026

TTXU (Direxion Daily Technology Top 5 Bull 2X ETF) and FVD (First Trust Value Line Dividend Index Fund) are both exchange-traded funds - TTXU is a Leveraged Equities fund tracking the S&P 500 Information Technology Top 5 Equal Capped Index, while FVD is a Mid Cap Value Equities fund tracking the Value Line Dividend Index. Both are passively managed. Their -0.27 correlation means they have often moved in opposite directions in the past. TTXU charges 0.98%/yr vs 0.61%/yr for FVD.

Performance

TTXU vs. FVD - 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 First Trust Value Line Dividend Index Fund (FVD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TTXU achieves a 44.26% return, which is significantly higher than FVD's 10.07% return.

TTXU

• 1D: -2.80%
• 1M: 3.99%
• 6M: 68.54%
• YTD: 44.26%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

FVD

• 1D: -0.18%
• 1M: 1.52%
• 6M: 5.94%
• YTD: 10.07%
• 1Y: 14.68%
• 3Y*: 9.72%
• 5Y*: 6.75%
• 10Y*: 8.75%
• ALL TIME*: 9.74%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FVD First Trust Value Line Dividend Index Fund	$21.15M	$21.63M	$33.04M
TTXU Direxion Daily Technology Top 5 Bull 2X ETF	$280.90K	$355.42K	$463.88K

TTXU vs. FVD - Yearly Performance Comparison

	2026 (YTD)	2025
TTXU Direxion Daily Technology Top 5 Bull 2X ETF	44.26%	-14.75%
FVD First Trust Value Line Dividend Index Fund	10.07%	0.34%

Correlation

The correlation between TTXU and FVD is -0.27, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025	-0.27

Return for Risk

TTXU vs. FVD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TTXU

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

FVD

FVD Risk / Return Rank: 57
FVD Sharpe Ratio Rank: 60
FVD Sortino Ratio Rank: 67
FVD Omega Ratio Rank: 56
FVD Calmar Ratio Rank: 56
FVD Martin Ratio Rank: 45

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TTXU vs. FVD - 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 First Trust Value Line Dividend Index Fund (FVD). 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.

	TTXU	FVD	Difference
Sharpe ratio: Return per unit of total volatility	—	1.42	—
Sortino ratio: Return per unit of downside risk	—	2.19	—
Omega ratio: Gain probability vs. loss probability	—	1.25	—
Calmar ratio: Return relative to maximum drawdown	—	1.99	—
Martin ratio: Return relative to average drawdown	—	5.07	—

Drawdowns

TTXU vs. FVD - Drawdown Comparison

The maximum TTXU drawdown since its inception was -51.47%, roughly equal to the maximum FVD drawdown of -51.00%. Use the drawdown chart below to compare losses from any high point for TTXU and FVD.

Drawdown Indicators

	TTXU	FVD	Difference
Max Drawdown Largest peak-to-trough decline	-51.47%	-51.00%	-0.47%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.23%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-11.97%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.41%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.25%	—
Current Drawdown Current decline from peak	-19.53%	-1.72%	-17.81%
Average Drawdown Average peak-to-trough decline	-22.01%	-5.42%	-16.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.83%	—

Volatility

Volatility by Period

	TTXU	FVD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.37%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.01%	—
Volatility (1Y) Calculated over the trailing 1-year period	64.85%	10.14%	+54.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	64.85%	12.84%	+52.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	64.85%	15.47%	+49.38%

TTXU vs. FVD - Expense Ratio Comparison

TTXU has a 0.98% expense ratio, which is higher than FVD's 0.61% expense ratio.

Dividends

TTXU vs. FVD - Dividend Comparison

TTXU's dividend yield for the trailing twelve months is around 0.52%, less than FVD's 2.23% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FVD First Trust Value Line Dividend Index Fund	2.23%	2.36%	2.23%	2.34%	2.20%	1.75%	2.31%	2.03%	2.50%	2.10%	2.04%	2.34%
TTXU Direxion Daily Technology Top 5 Bull 2X ETF	0.52%	0.34%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TTXU and FVD in my portfolio?

TTXU and FVD have a correlation of -0.27, 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 FVD?

On fees, FVD is cheaper at 0.61% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TTXU or FVD?

FVD is cheaper with a 0.61% expense ratio, compared with 0.98% for TTXU.

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

FVD has the higher dividend yield at 2.23%, compared with 0.52% for TTXU.

What is the main difference between TTXU and FVD?

TTXU is categorized as Leveraged Equities, while FVD is Mid Cap Value Equities. TTXU tracks S&P 500 Information Technology Top 5 Equal Capped Index, while FVD tracks Value Line Dividend Index. They also come from different issuers: Direxion and First Trust. Their fees differ too: 0.98% for TTXU and 0.61% for FVD.