WEEI vs. TEXU

Last updated Aug 2, 2026

WEEI (Westwood Salient Enhanced Energy Income ETF) and TEXU (Direxion Daily Energy Top 5 Bull 2X ETF) are both exchange-traded funds - WEEI is a Energy Equities fund actively managed by Westwood, while TEXU is a Leveraged Equities fund tracking the S&P 500 Energy (Sector) Top 5 Equal Capped Index. WEEI is actively managed, while TEXU is passively managed. Their correlation of 0.88 means they have usually moved in the same direction. WEEI charges 0.85%/yr vs 0.98%/yr for TEXU.

Performance

WEEI vs. TEXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Westwood Salient Enhanced Energy Income ETF (WEEI) and Direxion Daily Energy Top 5 Bull 2X ETF (TEXU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WEEI achieves a 20.96% return, which is significantly lower than TEXU's 61.53% return.

WEEI

• 1D: 0.40%
• 1M: 9.54%
• 6M: 11.64%
• YTD: 20.96%
• 1Y: 30.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 12.50%

TEXU

• 1D: 3.70%
• 1M: 20.93%
• 6M: 27.67%
• YTD: 61.53%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*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)
TEXU Direxion Daily Energy Top 5 Bull 2X ETF	$74.49K	$95.78K	$95.00K
WEEI Westwood Salient Enhanced Energy Income ETF	$1.31M	$1.32M	$1.22M

WEEI vs. TEXU - Yearly Performance Comparison

	2026 (YTD)	2025
WEEI Westwood Salient Enhanced Energy Income ETF	20.96%	3.39%
TEXU Direxion Daily Energy Top 5 Bull 2X ETF	61.53%	-1.42%

Correlation

The correlation between WEEI and TEXU is 0.88, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025	0.88

Return for Risk

WEEI vs. TEXU — Risk / Return Rank

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

WEEI

WEEI Risk / Return Rank: 78
WEEI Sharpe Ratio Rank: 84
WEEI Sortino Ratio Rank: 79
WEEI Omega Ratio Rank: 80
WEEI Calmar Ratio Rank: 79
WEEI Martin Ratio Rank: 70

TEXU

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

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.

WEEI vs. TEXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Westwood Salient Enhanced Energy Income ETF (WEEI) and Direxion Daily Energy Top 5 Bull 2X ETF (TEXU). 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.

	WEEI	TEXU	Difference
Sharpe ratio: Return per unit of total volatility	1.96	—	—
Sortino ratio: Return per unit of downside risk	2.55	—	—
Omega ratio: Gain probability vs. loss probability	1.33	—	—
Calmar ratio: Return relative to maximum drawdown	2.80	—	—
Martin ratio: Return relative to average drawdown	8.66	—	—

Drawdowns

WEEI vs. TEXU - Drawdown Comparison

The maximum WEEI drawdown since its inception was -18.78%, smaller than the maximum TEXU drawdown of -31.71%. Use the drawdown chart below to compare losses from any high point for WEEI and TEXU.

Drawdown Indicators

	WEEI	TEXU	Difference
Max Drawdown Largest peak-to-trough decline	-18.78%	-31.71%	+12.93%
Max Drawdown (1Y) Largest decline over 1 year	-10.27%	—	—
Current Drawdown Current decline from peak	-1.03%	-15.96%	+14.93%
Average Drawdown Average peak-to-trough decline	-4.26%	-8.67%	+4.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.34%	—	—

Volatility

Volatility by Period

	WEEI	TEXU	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.28%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.45%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.65%	40.87%	-26.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.23%	40.87%	-22.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.23%	40.87%	-22.64%

WEEI vs. TEXU - Expense Ratio Comparison

WEEI has a 0.85% expense ratio, which is lower than TEXU's 0.98% expense ratio.

Dividends

WEEI vs. TEXU - Dividend Comparison

WEEI's dividend yield for the trailing twelve months is around 11.24%, more than TEXU's 1.36% yield.

Position	TTM	2025	2024
TEXU Direxion Daily Energy Top 5 Bull 2X ETF	1.36%	0.67%	0.00%
WEEI Westwood Salient Enhanced Energy Income ETF	11.24%	12.59%	7.20%

Frequently Asked Questions

Can I hold both WEEI and TEXU in my portfolio?

WEEI and TEXU have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WEEI or TEXU?

On fees, WEEI is cheaper at 0.85% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WEEI or TEXU?

WEEI is cheaper with a 0.85% expense ratio, compared with 0.98% for TEXU.

Which ETF pays a higher dividend yield, WEEI or TEXU?

WEEI has the higher dividend yield at 11.24%, compared with 1.36% for TEXU.

What is the main difference between WEEI and TEXU?

WEEI is categorized as Energy Equities, while TEXU is Leveraged Equities. They also come from different issuers: Westwood and Direxion. Their fees differ too: 0.85% for WEEI and 0.98% for TEXU.