TSXU ETF — Holdings & Analysis

The Direxion Daily Semiconductors Top 5 Bull 2X ETF (TSXU) offers aggressive, leveraged exposure to the semiconductor industry. As of 2026-03-15, the fund's AUM is effectively $0.00B.

TSXU aims for 200% of the daily performance of the NYSE Semiconductor Top 5 Equal Weight Index, making it a short-term tactical tool rather than a long-term investment. However, the fund carries a very high expense ratio of 5.11%.

Direxion Daily Semiconductors Top 5 Bull 2X ETF (TSXU) ETF — Price, Holdings & Analysis

The Direxion Daily Semiconductors Top 5 Bull 2X ETF (TSXU) offers aggressive, leveraged exposure to the semiconductor industry. As of 2026-03-15, the fund's AUM is effectively $0.00B. TSXU aims for 200% of the daily performance of the NYSE Semiconductor Top 5 Equal Weight Index, making it a short-term tactical tool rather than a long-term investment. However, the fund carries a very high expense ratio of 5.11%.

ETF Overview

The Direxion Daily Semiconductors Top 5 Bull and Bear 2X ETFs seek daily investment results, before fees and expenses, of 200%, or 200% of the inverse (or opposite), of the performance of the NYSE Semiconductor Top 5 Equal Weight Index. There is no guarantee the funds will achieve their stated investment objectives.

TSXU provides twice the daily return of the NYSE Semiconductor Top 5 Equal Weight Index, focusing on the largest semiconductor companies. This ETF is designed for sophisticated investors seeking short-term gains from the semiconductor sector. The fund's leveraged nature means it is rebalanced daily, and its performance can deviate significantly from the index over longer periods due to compounding. TSXU's holdings are concentrated in the top 5 semiconductor companies, with significant exposure to companies located in the United States (5.6%), Taiwan (2.2%), and the Netherlands (2.4%). The fund is not intended for buy-and-hold investors; it is a tactical tool for those with a high-risk tolerance and a short-term outlook on the semiconductor industry. Investors should understand the risks associated with leveraged ETFs before investing.

Risk Metrics

TSXU carries substantial risks due to its leveraged nature and concentrated holdings. The 2x leverage magnifies both gains and losses, making it significantly more volatile than a non-leveraged semiconductor ETF. The fund's concentration in just five companies exposes investors to company-specific risks. The high expense ratio of 5.11% creates a significant drag on performance, especially over longer holding periods. The daily rebalancing can lead to performance erosion, particularly in volatile markets. Investors should carefully consider their risk tolerance and investment horizon before investing in TSXU. Past performance does not guarantee future results.

Expense Ratio

5.11%

How Is the Fund Allocated?

Country	Weight
Taiwan (Province of China)	2.2%
Other	89.7%
United States	5.6%
Netherlands	2.4%

Dividend Yield

0.00%

Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
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State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
iShares MSCI EAFE ETF (EFA) — 0.32% expense ratio

Direxion MSCI Developed Over Emerging Markets ETF (RWDE) (Equity) — 0.53% expense ratio
Direxion World Without Waste ETF (WWOW) (Equity) — 0.50% expense ratio
Direxion Daily Industrials Bull 3X ETF (DUSL) (Equity) — 0.98% expense ratio
Direxion Daily AMD Bull 2X ETF (AMUU) (Equity) — 1.16% expense ratio
Direxion Daily Uranium Industry Bull 2X ETF (URAA) (Equity) — 1.46% expense ratio
Direxion Daily Global Clean Energy Bull 2X Shares (KLNE) (Equity) — 1.33% expense ratio

Questions & Answers

What is TSXU and what does it track?

TSXU is the Direxion Daily Semiconductors Top 5 Bull 2X ETF. It aims to deliver 200% of the daily performance of the NYSE Semiconductor Top 5 Equal Weight Index.

This index tracks the performance of the five largest U.S.-listed semiconductor companies. The ETF uses leverage to amplify the daily returns of the index, making it a high-risk, high-reward investment vehicle.

What is the expense ratio for TSXU?

The expense ratio for TSXU is 5.11%. This is significantly higher than the average expense ratio for equity ETFs, which typically ranges from 0.10% to 0.50%.

The high expense ratio reflects the cost of managing a leveraged ETF, including the daily rebalancing and the use of derivatives.

What are the top holdings in TSXU?

As a leveraged ETF tracking the top 5 semiconductor companies, TSXU's holdings will be concentrated in a small number of companies. While the exact holdings may fluctuate daily, the fund primarily invests in the largest semiconductor companies listed on U.S.

exchanges. These typically include companies like NVIDIA, Taiwan Semiconductor Manufacturing, Broadcom, Qualcomm, and Intel.

Is TSXU a good long-term investment?

TSXU is generally not considered a suitable long-term investment due to its leveraged nature and daily rebalancing. The 2x leverage magnifies both gains and losses, leading to increased volatility and potential for significant losses over time.

The daily rebalancing can also result in performance erosion, especially in volatile markets.

How does TSXU compare to similar ETFs?

TSXU stands out due to its 2x leverage and focus on the top 5 semiconductor companies. Other semiconductor ETFs may offer broader exposure to the industry or use different weighting methodologies.

The expense ratio of 5.11% is significantly higher than most non-leveraged semiconductor ETFs.

Does TSXU pay dividends?

As of 2026-03-15, TSXU has a dividend yield of 0.00%. This indicates that the fund does not currently distribute dividends to its shareholders.

The fund's focus is on capital appreciation through leveraged exposure to the semiconductor industry, rather than income generation. Investors seeking dividend income may want to consider other ETFs that focus on dividend-paying stocks.