XLK vs. TSXU
XLK (State Street Technology Select Sector SPDR ETF) and TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) are both exchange-traded funds - XLK is a Technology Equities fund tracking the S&P Technology Select Sector Daily Capped 35/20 Index, while TSXU is a Leveraged Equities fund tracking the Solactive Semiconductor Top 5 Index (2x). Both are passively managed. Their correlation of 0.87 suggests significant overlap in exposure. XLK charges 0.08%/yr vs 1.05%/yr for TSXU.
Performance
XLK vs. TSXU - Performance Comparison
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Returns By Period
In the year-to-date period, XLK achieves a 27.85% return, which is significantly lower than TSXU's 112.57% return.
XLK
- 1D
- 1.29%
- 1M
- -0.52%
- 6M
- 25.66%
- YTD
- 27.85%
- 1Y
- 44.41%
- 3Y*
- 28.63%
- 5Y*
- 20.22%
- 10Y*
- 24.66%
TSXU
- 1D
- 4.77%
- 1M
- 2.99%
- 6M
- 88.72%
- YTD
- 112.57%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XLK vs. TSXU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XLK State Street Technology Select Sector SPDR ETF | 27.85% | 2.31% |
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares | 112.57% | 37.96% |
Correlation
The correlation between XLK and TSXU is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025 | 0.87 |
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Return for Risk
XLK vs. TSXU — Risk / Return Rank
XLK
TSXU
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
XLK vs. TSXU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street Technology Select Sector SPDR ETF (XLK) 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.
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.
| XLK | TSXU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.31 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.80 | — | — |
| Martin ratioReturn relative to average drawdown | 8.44 | — | — |
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Drawdowns
XLK vs. TSXU - Drawdown Comparison
The maximum XLK drawdown since its inception was -82.05%, which is greater than TSXU's maximum drawdown of -35.62%. Use the drawdown chart below to compare losses from any high point for XLK and TSXU.
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Drawdown Indicators
| XLK | TSXU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.05% | -35.62% | -46.43% |
Max Drawdown (1Y)Largest decline over 1 year | -15.92% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -25.66% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -33.56% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -33.56% | — | — |
Current DrawdownCurrent decline from peak | -7.25% | -14.06% | +6.81% |
Average DrawdownAverage peak-to-trough decline | -34.84% | -10.89% | -23.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.27% | — | — |
Volatility
XLK vs. TSXU - Volatility Comparison
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Volatility by Period
| XLK | TSXU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.45% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 20.77% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 24.41% | 90.34% | -65.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.56% | 90.34% | -64.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.79% | 90.34% | -65.55% |
XLK vs. TSXU - Expense Ratio Comparison
XLK has a 0.08% expense ratio, which is lower than TSXU's 1.05% expense ratio.
Dividends
XLK vs. TSXU - Dividend Comparison
XLK's dividend yield for the trailing twelve months is around 0.43%, less than TSXU's 1.65% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares | 1.65% | 2.54% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLK State Street Technology Select Sector SPDR ETF | 0.43% | 0.54% | 0.66% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% |
Frequently Asked Questions
XLK and TSXU have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XLK is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XLK is cheaper with a 0.08% expense ratio, compared with 1.05% for TSXU.
TSXU has the higher dividend yield at 1.65%, compared with 0.43% for XLK.
XLK is categorized as Technology Equities, while TSXU is Leveraged Equities. XLK tracks S&P Technology Select Sector Daily Capped 35/20 Index, while TSXU tracks Solactive Semiconductor Top 5 Index (2x). They also come from different issuers: State Street and Direxion. Their fees differ too: 0.08% for XLK and 1.05% for TSXU.
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