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HWAY vs TBXU

Comparison between THEMES US INFRASTRUCTURE ETF (HWAY, ETF) and Trust Direxion Daily Biotech Top 5 Bull 2X ETF (TBXU, ETF).

HWAY vs TBXU - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
HWAY
$3M
TBXU
$3M
Expense Ratio
HWAY
0.29%
TBXU
N/A
Max Drawdown
Winner
HWAY
26.12%
TBXU
26.77%
Sharpe Ratio
Winner
HWAY
1.68
TBXU
0.67
5Y Beta
HWAY
1.03
Winner
TBXU
1.02
P/E Ratio
HWAY
31.82
TBXU
N/A
Forward P/E
HWAY
23.67
TBXU
N/A
5Y EPS CAGR
HWAY
17.50%
TBXU
N/A
Debt to Equity
HWAY
31.44%
TBXU
N/A
P/S Ratio
HWAY
2.62
TBXU
N/A
P/B Ratio
HWAY
4.86
TBXU
N/A

HWAY vs TBXU - Holdings Comparison

HWAY and TBXU have 0 common holdings. Overlap is 0.00%

HWAY's top 25 holdings weight is 71.56%. TBXU's top 25 holdings weight is 43.22%.

RankHWAYTBXU
#1
QUANTA SERVICES INC (PWR) - 5.49%
ARGENX SE ADR (ARGX) - 10.46%
#2
CATERPILLAR INC (CAT) - 4.96%
VERTEX PHARMACEUTICALS INC (VRTX) - 8.41%
#3
UNION PACIFIC CORP (UNP) - 4.64%
GILEAD SCIENCES INC (GILD) - 8.34%
#4
CSX CORP (CSX) - 4.57%
AMGEN INC (AMGN) - 8.31%
#5
EMERSON ELECTRIC CO (EMR) - 4.17%
REGENERON PHARMACEUTICALS INC (REGN) - 7.70%
#6
PARKER HANNIFIN CORP (PH) - 3.81%
N/A
#7
NORFOLK SOUTHERN CORP (NSC) - 3.79%
N/A
#8
DEERE & CO (DE) - 3.68%
N/A
#9
CRH PLC (CRH) - 3.61%
N/A
#10
COMFORT SYSTEMS USA INC (FIX) - 3.48%
N/A
#11
UNITED RENTALS INC (URI) - 3.19%
N/A
#12
NUCOR CORP (NUE) - 2.93%
N/A
#13
W.W. GRAINGER INC (GWW) - 2.83%
N/A
#14
FASTENAL CO (FAST) - 2.69%
N/A
#15
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP (WAB) - 2.33%
N/A
#16
EMCOR GROUP INC (EME) - 2.00%
N/A
#17
VULCAN MATERIALS CO (VMC) - 1.85%
N/A
#18
MARTIN MARIETTA MATERIALS INC (MLM) - 1.81%
N/A
#19
STEEL DYNAMICS INC (STLD) - 1.79%
N/A
#20
DOVER CORP (DOV) - 1.52%
N/A
#21
XYLEM INC (XYL) - 1.44%
N/A
#22
AMRIZE LTD REGISTERED SHARE (AMRZ) - 1.38%
N/A
#23
STERLING INFRASTRUCTURE INC (STRL) - 1.22%
N/A
#24
ATI INC (ATI) - 1.22%
N/A
#25
CARPENTER TECHNOLOGY CORP (CRS) - 1.16%
N/A
Total Holdings1025

HWAY vs TBXU - Historical Returns

Returns include dividend reinvestment.

1M
HWAY
+0.23%
Winner
TBXU
+4.41%
3M
Winner
HWAY
+8.96%
TBXU
-6.65%
6M
Winner
HWAY
+20.35%
TBXU
-3.45%
1Y
HWAY
+41.40%
TBXU
N/A
Max(CAGR)
Winner
HWAY
+26.95%
TBXU
+25.42%

HWAY vs TBXU - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

YearHWAYTBXU
2026+19.40%-0.89%
2025+20.79%+18.20%
2024+3.38%N/A

HWAY vs TBXU Drawdown Comparison

The maximum drawdown for HWAY was -25.96%, occurring on Apr 8, 2025. Recovery took 164 trading sessions.

The maximum drawdown for TBXU was -26.53%, occurring on Jun 2, 2026. This drawdown has not yet recovered.

The current HWAY drawdown is -2.12%. The current TBXU drawdown is -17.28%.

RankHWAYTBXU
#1-25.96%
Nov 25, 2024 - Jul 25, 2025
-26.53%
Feb 13, 2026 - Jun 2, 2026
#2-12.63%
Feb 20, 2026 - Apr 23, 2026
-13.84%
Dec 3, 2025 - Jan 26, 2026
#3-7.19%
May 6, 2026 - May 19, 2026
-5.71%
Feb 6, 2026 - Feb 13, 2026
#4-5.78%
Oct 29, 2025 - Dec 3, 2025
-4.18%
Oct 20, 2025 - Oct 28, 2025
#5-3.97%
Jul 25, 2025 - Aug 13, 2025
-4.06%
Nov 26, 2025 - Dec 3, 2025
#6-3.77%
Dec 11, 2025 - Jan 6, 2026
-3.93%
Oct 31, 2025 - Nov 5, 2025
#7-3.51%
Nov 6, 2024 - Nov 22, 2024
-3.67%
Jan 27, 2026 - Feb 4, 2026
#8-3.47%
Oct 8, 2025 - Oct 21, 2025
-3.25%
Nov 18, 2025 - Nov 25, 2025
#9-3.12%
Oct 18, 2024 - Nov 6, 2024
-2.18%
Oct 7, 2025 - Oct 14, 2025
#10-2.79%
Sep 19, 2024 - Oct 11, 2024
-2.11%
Oct 28, 2025 - Oct 31, 2025
#11-2.43%
Aug 22, 2025 - Sep 22, 2025
-1.45%
Feb 4, 2026 - Feb 6, 2026
#12-2.39%
Apr 23, 2026 - Apr 30, 2026
-1.34%
Oct 2, 2025 - Oct 7, 2025
#13-2.29%
Aug 13, 2025 - Aug 22, 2025
-0.69%
Nov 6, 2025 - Nov 10, 2025
#14-2.19%
Feb 11, 2026 - Feb 20, 2026
-0.25%
Nov 13, 2025 - Nov 17, 2025
#15-2.18%
Jan 6, 2026 - Jan 9, 2026
N/A

Correlation

Correlation between HWAY and TBXU is -0.06 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.06
-101

Dividend Comparison (2024 - 2026)

HWAY vs TBXU dividend yield comparison.

YearHWAYTBXU
20260.00%0.33%
20251.29%1.33%
20240.22%0.00%

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