TXNU vs. COTG

Last updated Jul 18, 2026

TXNU (Direxion Daily TXN Bull 2X ETF) and COTG (Leverage Shares 2X Long COST Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a correlation of -0.18, they often move in opposite directions.

Performance

TXNU vs. COTG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily TXN Bull 2X ETF (TXNU) and Leverage Shares 2X Long COST Daily ETF (COTG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TXNU

• 1D: -4.82%
• 1M: -15.20%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

COTG

• 1D: -0.97%
• 1M: -6.45%
• 6M: -11.00%
• YTD: 10.17%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TXNU vs. COTG - Yearly Performance Comparison

	2026 (YTD)
TXNU Direxion Daily TXN Bull 2X ETF	84.23%
COTG Leverage Shares 2X Long COST Daily ETF	-10.94%

Correlation

The correlation between TXNU and COTG is -0.18, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 25, 2026	-0.18

Return for Risk

TXNU vs. COTG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily TXN Bull 2X ETF (TXNU) and Leverage Shares 2X Long COST Daily ETF (COTG). 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

TXNU vs. COTG - Drawdown Comparison

The maximum TXNU drawdown since its inception was -29.71%, smaller than the maximum COTG drawdown of -32.16%. Use the drawdown chart below to compare losses from any high point for TXNU and COTG.

Drawdown Indicators

	TXNU	COTG	Difference
Max Drawdown Largest peak-to-trough decline	-29.71%	-32.16%	+2.45%
Current Drawdown Current decline from peak	-29.71%	-28.14%	-1.57%
Average Drawdown Average peak-to-trough decline	-9.09%	-11.22%	+2.13%

Volatility

Volatility by Period

	TXNU	COTG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	115.50%	41.19%	+74.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	115.50%	41.19%	+74.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	115.50%	41.19%	+74.31%

Dividends

TXNU vs. COTG - Dividend Comparison

TXNU's dividend yield for the trailing twelve months is around 0.36%, while COTG has not paid dividends to shareholders.

Position	TTM
COTG Leverage Shares 2X Long COST Daily ETF	0.00%
TXNU Direxion Daily TXN Bull 2X ETF	0.36%

Frequently Asked Questions

Can I hold both TXNU and COTG in my portfolio?

TXNU and COTG have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF pays a higher dividend yield, TXNU or COTG?

TXNU has the higher dividend yield at 0.36%, compared with 0.00% for COTG.

What is the main difference between TXNU and COTG?

They also come from different issuers: Direxion and Leverage Shares.