LTAX vs TXNU

Comparison between Nomura TaxFree USA ETF (LTAX, ETF) and Direxion Daily TXN Bull 2X (TXNU, ETF).

LTAX vs TXNU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	LTAX(ETF)	TXNU(ETF)
Net Assets	$6.20M	$6.20M
Expense Ratio	0.39%	N/A
Max Drawdown	3.49%	23.61%
Sharpe Ratio	0.06	3.46
5Y Beta	0.16	2.68

Net Assets

LTAX

$6.20M

TXNU

$6.20M

Expense Ratio

LTAX

0.39%

TXNU

N/A

Max Drawdown

Winner

LTAX

3.49%

TXNU

23.61%

Sharpe Ratio

LTAX

0.06

Winner

TXNU

3.46

5Y Beta

Winner

LTAX

0.16

TXNU

2.68

LTAX vs TXNU - Historical Returns

Returns include dividend reinvestment.

Period	LTAX	TXNU
1 month	+0.82%	-0.25%
3 months	+1.01%	N/A
Max(CAGR)	+3.92%	+2946.92%

Winner

LTAX

+0.82%

TXNU

-0.25%

LTAX

+1.01%

TXNU

N/A

Max(CAGR)

LTAX

+3.92%

Winner

TXNU

+2946.92%

LTAX vs TXNU - Annual Returns (2026 - 2026)

Returns include dividend reinvestment.

Year	LTAX	TXNU
2026	+1.52%	+96.11%

LTAX vs TXNU Drawdown Comparison

The maximum drawdown for LTAX was -3.18%, occurring on Mar 24, 2026. Recovery took 64 trading sessions.

The maximum drawdown for TXNU was -23.61%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The current LTAX drawdown is -0.38%. The current TXNU drawdown is -23.61%.

Rank	LTAX	TXNU
#1	-3.18% Feb 26, 2026 - May 29, 2026	-23.61% May 26, 2026 - Jun 5, 2026
#2	-0.78% Jan 14, 2026 - Feb 5, 2026	-11.73% Apr 23, 2026 - May 5, 2026
#3	-0.38% Jun 4, 2026 - Jun 5, 2026	-10.42% Mar 25, 2026 - Apr 6, 2026
#4	-0.27% Feb 10, 2026 - Feb 12, 2026	-6.56% May 14, 2026 - May 22, 2026
#5	-0.27% Feb 5, 2026 - Feb 9, 2026	-4.27% May 6, 2026 - May 11, 2026
#6	-0.21% Jun 2, 2026 - Jun 4, 2026	-2.31% Apr 14, 2026 - Apr 16, 2026
#7	-0.19% Feb 24, 2026 - Feb 26, 2026	-1.10% May 11, 2026 - May 13, 2026
#8	-0.01% Feb 13, 2026 - Feb 18, 2026	-0.69% Apr 20, 2026 - Apr 22, 2026
#9	-0.00% Feb 19, 2026 - Feb 24, 2026	-0.25% Apr 9, 2026 - Apr 13, 2026