TYD vs. SBU

Last updated Jun 3, 2026

TYD (Direxion Daily 7-10 Year Treasury Bull 3X) and SBU (Leverage Shares 2X Long SBUX Daily ETF) are both exchange-traded funds - TYD is a Leveraged Bonds fund tracking the NYSE 7-10 Year Treasury Bond Index, while SBU is a Leveraged Equities fund actively managed by Leverage Shares. TYD is passively managed, while SBU is actively managed. At a 0.14 correlation, their price movements are largely independent. TYD charges 1.09%/yr vs 0.75%/yr for SBU.

Performance

TYD vs. SBU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily 7-10 Year Treasury Bull 3X (TYD) and Leverage Shares 2X Long SBUX Daily ETF (SBU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TYD achieves a -5.40% return, which is significantly lower than SBU's 20.69% return.

TYD

• 1D: 0.13%
• 1M: -1.42%
• YTD: -5.40%
• 6M: -7.08%
• 1Y: 1.17%
• 3Y*: -4.80%
• 5Y*: -12.47%
• 10Y*: -4.63%

SBU

• 1D: -1.89%
• 1M: -18.73%
• YTD: 20.69%
• 6M: 15.89%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TYD vs. SBU - Yearly Performance Comparison

	2026 (YTD)	2025
TYD Direxion Daily 7-10 Year Treasury Bull 3X	-5.40%	-0.75%
SBU Leverage Shares 2X Long SBUX Daily ETF	20.69%	-0.84%

Correlation

The correlation between TYD and SBU 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 18, 2025	0.14

Return for Risk

TYD vs. SBU — Risk / Return Rank

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

TYD

TYD Risk / Return Rank: 9
TYD Sharpe Ratio Rank: 10
TYD Sortino Ratio Rank: 9
TYD Omega Ratio Rank: 9
TYD Calmar Ratio Rank: 9
TYD Martin Ratio Rank: 9

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.

TYD vs. SBU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily 7-10 Year Treasury Bull 3X (TYD) and Leverage Shares 2X Long SBUX Daily ETF (SBU). 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.

	TYD	SBU	Difference
Sharpe ratio Return per unit of total volatility	0.08	—	—
Sortino ratio Return per unit of downside risk	0.22	—	—
Omega ratio Gain probability vs. loss probability	1.02	—	—
Calmar ratio Return relative to maximum drawdown	0.02	—	—
Martin ratio Return relative to average drawdown	0.05	—	—
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

	TYD	SBU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.08	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.55	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.23	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.05	0.67	-0.62

Drawdowns

TYD vs. SBU - Drawdown Comparison

The maximum TYD drawdown since its inception was -64.28%, which is greater than SBU's maximum drawdown of -28.10%. Use the drawdown chart below to compare losses from any high point for TYD and SBU.

Drawdown Indicators

	TYD	SBU	Difference
Max Drawdown Largest peak-to-trough decline	-64.28%	-28.10%	-36.18%
Max Drawdown (1Y) Largest decline over 1 year	-13.54%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-25.04%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-59.84%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-64.28%	—	—
Current Drawdown Current decline from peak	-58.89%	-20.67%	-38.22%
Average Drawdown Average peak-to-trough decline	-21.94%	-6.46%	-15.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.92%	—	—

Volatility

Volatility by Period

	TYD	SBU	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.26%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.67%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.13%	59.99%	-45.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.98%	59.99%	-37.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.37%	59.99%	-39.62%

TYD vs. SBU - Expense Ratio Comparison

TYD has a 1.09% expense ratio, which is higher than SBU's 0.75% expense ratio.

Dividends

TYD vs. SBU - Dividend Comparison

TYD's dividend yield for the trailing twelve months is around 3.20%, while SBU has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SBU Leverage Shares 2X Long SBUX Daily ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TYD Direxion Daily 7-10 Year Treasury Bull 3X	3.20%	2.97%	3.10%	2.71%	0.55%	0.00%	9.80%	0.92%	1.10%	0.01%	6.84%	1.65%

Frequently Asked Questions

Can I hold both TYD and SBU in my portfolio?

TYD and SBU 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, TYD or SBU?

On fees, SBU 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, TYD or SBU?

SBU is cheaper with a 0.75% expense ratio, compared with 1.09% for TYD.

Which ETF pays a higher dividend yield, TYD or SBU?

TYD has the higher dividend yield at 3.20%, compared with 0.00% for SBU.

What is the main difference between TYD and SBU?

TYD is categorized as Leveraged Bonds, while SBU is Leveraged Equities. They also come from different issuers: Direxion and Leverage Shares. Their fees differ too: 1.09% for TYD and 0.75% for SBU.