TEXX vs TBXU

Comparison between HORIZON KINETICS TEXAS ETF (TEXX, ETF) and Trust Direxion Daily Biotech Top 5 Bull 2X ETF (TBXU, ETF).

TEXX vs TBXU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TEXX(ETF)	TBXU(ETF)
Net Assets	$2.90M	$2.90M
Expense Ratio	0.85%	N/A
Max Drawdown	99.98%	26.77%
Sharpe Ratio	1.00	0.47
5Y Beta	0.10	1.04
P/E Ratio	24.91	N/A
Forward P/E	13.60	N/A
5Y EPS CAGR	12.36%	N/A

Net Assets

TEXX

$2.90M

TBXU

$2.90M

Expense Ratio

TEXX

0.85%

TBXU

N/A

Max Drawdown

TEXX

99.98%

Winner

TBXU

26.77%

Sharpe Ratio

Winner

TEXX

1.00

TBXU

0.47

5Y Beta

Winner

TEXX

0.10

TBXU

1.04

P/E Ratio

TEXX

24.91

TBXU

N/A

Forward P/E

TEXX

13.60

TBXU

N/A

5Y EPS CAGR

TEXX

12.36%

TBXU

N/A

TEXX vs TBXU - Holdings Comparison

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

TEXX's top 25 holdings weight is 91.44%. TBXU's top 25 holdings weight is 42.64%.

Rank	TEXX	TBXU
#1	PERMIAN BASIN ROYALTY TRUST (PBT) - 7.69%	ARGENX SE ADR (ARGX) - 11.12%
#2	US BANK MMDA USBGFS 7 (n/a) - 7.09%	VERTEX PHARMACEUTICALS INC (VRTX) - 8.36%
#3	LANDBRIDGE CO LLC CLASS A SHARES (LB) - 6.21%	AMGEN INC (AMGN) - 8.28%
#4	TEXAS PACIFIC LAND CORP (TPL) - 4.60%	GILEAD SCIENCES INC (GILD) - 7.61%
#5	DIAMONDBACK ENERGY INC (FANG) - 4.55%	REGENERON PHARMACEUTICALS INC (REGN) - 7.27%
#6	SLB LTD (SLB) - 4.19%	N/A
#7	QUANTA SERVICES INC (PWR) - 3.86%	N/A
#8	OCCIDENTAL PETROLEUM CORP (OXY) - 3.50%	N/A
#9	WATERBRIDGE INFRASTRUCTURE LLC ORDINARY SHARES CLASS A (WBI) - 3.50%	N/A
#10	EOG RESOURCES INC (EOG) - 3.37%	N/A
#11	CONOCOPHILLIPS (COP) - 3.19%	N/A
#12	PLAINS ALL AMERICAN PIPELINE LP (PAA) - 3.14%	N/A
#13	EXXON MOBIL CORP (XOM) - 3.12%	N/A
#14	CHEVRON CORP (CVX) - 3.08%	N/A
#15	FLUOR CORP (FLR) - 3.01%	N/A
#16	ENTERPRISE PRODUCTS PARTNERS LP (EPD) - 2.98%	N/A
#17	SABINE ROYALTY TRUST (SBR) - 2.94%	N/A
#18	KINDER MORGAN INC CLASS P (KMI) - 2.93%	N/A
#19	ENERGY TRANSFER LP (ET) - 2.86%	N/A
#20	CENTERPOINT ENERGY INC (CNP) - 2.82%	N/A
#21	COMMERCIAL METALS CO (CMC) - 2.64%	N/A
#22	LGI HOMES INC (LGIH) - 2.59%	N/A
#23	KIMBERLY-CLARK CORP (KMB) - 2.58%	N/A
#24	D.R. HORTON INC (DHI) - 2.57%	N/A
#25	VISTRA CORP (VST) - 2.43%	N/A
Total Holdings	34	5

TEXX vs TBXU - Historical Returns

Returns include dividend reinvestment.

Period	TEXX	TBXU
1 month	-3.88%	+5.47%
3 months	-0.34%	-4.60%
6 months	+9.58%	-3.95%
5 years(CAGR)	+162.89%	N/A
10 years(CAGR)	+178.37%	N/A
Max(CAGR)	+9.64%	+15.68%

TEXX

-3.88%

Winner

TBXU

+5.47%

Winner

TEXX

-0.34%

TBXU

-4.60%

Winner

TEXX

+9.58%

TBXU

-3.95%

5Y(CAGR)

TEXX

+162.89%

TBXU

N/A

10Y(CAGR)

TEXX

+178.37%

TBXU

N/A

Max(CAGR)

TEXX

+9.64%

Winner

TBXU

+15.68%

TEXX vs TBXU - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	TEXX	TBXU
2026	+9.58%	-5.67%
2025	N/A	+18.20%
2017	+0.00%	N/A
2016	+400.00%	N/A
2015	-75.00%	N/A
2014	-42.86%	N/A
2013	+16.67%	N/A
2012	-23.08%	N/A
2011	-96.29%	N/A
2009	+0.00%	N/A

TEXX vs TBXU Drawdown Comparison

The maximum drawdown for TEXX was -99.98%, occurring on Dec 8, 2015. Recovery took 1562 trading sessions.

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

The current TEXX drawdown is -5.74%. The current TBXU drawdown is -21.28%.

Rank	TEXX	TBXU
#1	-99.98% Oct 30, 2009 - Jan 22, 2026	-26.53% Feb 13, 2026 - Jun 2, 2026
#2	-5.86% May 22, 2026 - Jun 17, 2026	-13.84% Dec 3, 2025 - Jan 26, 2026
#3	-4.97% Apr 30, 2026 - May 18, 2026	-5.71% Feb 6, 2026 - Feb 13, 2026
#4	-4.30% Mar 27, 2026 - Apr 30, 2026	-4.18% Oct 20, 2025 - Oct 28, 2025
#5	-3.36% Mar 2, 2026 - Mar 27, 2026	-4.06% Nov 26, 2025 - Dec 3, 2025
#6	-1.79% Jan 29, 2026 - Feb 4, 2026	-3.93% Oct 31, 2025 - Nov 5, 2025
#7	-1.24% Feb 11, 2026 - Feb 13, 2026	-3.67% Jan 27, 2026 - Feb 4, 2026
#8	-0.99% Feb 4, 2026 - Feb 6, 2026	-3.25% Nov 18, 2025 - Nov 25, 2025
#9	-0.72% Feb 13, 2026 - Feb 19, 2026	-2.18% Oct 7, 2025 - Oct 14, 2025
#10	-0.70% Jan 23, 2026 - Jan 28, 2026	-2.11% Oct 28, 2025 - Oct 31, 2025
#11	-0.53% Feb 20, 2026 - Feb 24, 2026	-1.45% Feb 4, 2026 - Feb 6, 2026
#12	-0.52% Feb 24, 2026 - Feb 26, 2026	-1.34% Oct 2, 2025 - Oct 7, 2025
#13	N/A	-0.69% Nov 6, 2025 - Nov 10, 2025
#14	N/A	-0.25% Nov 13, 2025 - Nov 17, 2025

Correlation

Correlation between TEXX and TBXU is -0.33 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.33

-101