VERS vs. TSXU

Last updated Jun 4, 2026

VERS (ProShares Metaverse ETF) and TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) are both exchange-traded funds - VERS is a Technology Equities fund tracking the Solactive Metaverse Theme Index - Benchmark TR Net, while TSXU is a Leveraged Equities fund tracking the Solactive Semiconductor Top 5 Index (2x). Both are passively managed. A 0.72 correlation means they provide meaningful diversification when combined. VERS charges 0.58%/yr vs 1.05%/yr for TSXU.

Performance

VERS vs. TSXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Metaverse ETF (VERS) 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, VERS achieves a 36.54% return, which is significantly lower than TSXU's 141.91% return.

VERS

• 1D: -0.99%
• 1M: 23.22%
• YTD: 36.54%
• 6M: 36.31%
• 1Y: 68.21%
• 3Y*: 31.89%
• 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)

VERS vs. TSXU - Yearly Performance Comparison

	2026 (YTD)	2025
VERS ProShares Metaverse ETF	36.54%	0.39%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	141.91%	13.59%

Correlation

The correlation between VERS and TSXU is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 2, 2025	0.72

Return for Risk

VERS vs. TSXU — Risk / Return Rank

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

VERS

VERS Risk / Return Rank: 67
VERS Sharpe Ratio Rank: 80
VERS Sortino Ratio Rank: 73
VERS Omega Ratio Rank: 68
VERS Calmar Ratio Rank: 60
VERS Martin Ratio Rank: 51

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.

VERS vs. TSXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Metaverse ETF (VERS) 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.

	VERS	TSXU	Difference
Sharpe ratio: Return per unit of total volatility	2.59	—	—
Sortino ratio: Return per unit of downside risk	3.26	—	—
Omega ratio: Gain probability vs. loss probability	1.41	—	—
Calmar ratio: Return relative to maximum drawdown	2.98	—	—
Martin ratio: Return relative to average drawdown	8.63	—	—
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

	VERS	TSXU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.59	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	4.53	-3.96

Drawdowns

VERS vs. TSXU - Drawdown Comparison

The maximum VERS drawdown since its inception was -42.13%, which is greater than TSXU's maximum drawdown of -35.62%. Use the drawdown chart below to compare losses from any high point for VERS and TSXU.

Drawdown Indicators

	VERS	TSXU	Difference
Max Drawdown Largest peak-to-trough decline	-42.13%	-35.62%	-6.51%
Max Drawdown (1Y) Largest decline over 1 year	-23.02%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-29.34%	—	—
Current Drawdown Current decline from peak	-0.99%	-0.92%	-0.07%
Average Drawdown Average peak-to-trough decline	-15.06%	-10.56%	-4.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.92%	—	—

Volatility

Volatility by Period

	VERS	TSXU	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.76%	—	—
Volatility (6M) Calculated over the trailing 6-month period	20.43%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	26.54%	78.68%	-52.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.26%	78.68%	-47.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.26%	78.68%	-47.42%

VERS vs. TSXU - Expense Ratio Comparison

VERS has a 0.58% expense ratio, which is lower than TSXU's 1.05% expense ratio.

Dividends

VERS vs. TSXU - Dividend Comparison

VERS's dividend yield for the trailing twelve months is around 0.24%, less than TSXU's 1.20% yield.

Position	TTM	2025	2024	2023	2022
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	1.20%	2.54%	0.00%	0.00%	0.00%
VERS ProShares Metaverse ETF	0.24%	0.52%	0.58%	0.63%	0.44%

Frequently Asked Questions

Can I hold both VERS and TSXU in my portfolio?

VERS and TSXU have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VERS or TSXU?

On fees, VERS is cheaper at 0.58% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VERS or TSXU?

VERS is cheaper with a 0.58% expense ratio, compared with 1.05% for TSXU.

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

TSXU has the higher dividend yield at 1.20%, compared with 0.24% for VERS.

What is the main difference between VERS and TSXU?

VERS is categorized as Technology Equities, while TSXU is Leveraged Equities. VERS tracks Solactive Metaverse Theme Index - Benchmark TR Net, while TSXU tracks Solactive Semiconductor Top 5 Index (2x). They also come from different issuers: ProShares and Direxion. Their fees differ too: 0.58% for VERS and 1.05% for TSXU.