TSMX vs PIZ
Comparison between DIREXION DAILY TSM BULL 2X SHARES (TSMX, ETF) and INVESCO DORSEY WRIGHT DEVELOPED MARKETS MOMENTUM ETF (PIZ, ETF).
TSMX vs PIZ - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
TSMX vs PIZ - Holdings Comparison
TSMX and PIZ have 0 common holdings. Overlap is 0.00%
TSMX's top 25 holdings weight is 11.64%. PIZ's top 25 holdings weight is 49.06%.
| Rank | TSMX | PIZ |
|---|---|---|
| #1 | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD ADR (TSM) - 11.64% | INVESCO SHRT-TRM INV GOV&AGCY INSTL (AGPXX) - 3.05% |
| #2 | N/A | CONSTELLATION SOFTWARE INC (CNSWF) - 2.86% |
| #3 | N/A | n/a (BDRBF) - 2.80% |
| #4 | N/A | TOROMONT INDUSTRIES LTD (TMTNF) - 2.67% |
| #5 | N/A | BELIMO HOLDING AG (n/a) - 2.51% |
| #6 | N/A | HD HYUNDAI ELECTRIC (n/a) - 2.40% |
| #7 | N/A | THE TORONTO-DOMINION BANK (TD) - 2.33% |
| #8 | N/A | ROYAL BANK OF CANADA (RY) - 2.19% |
| #9 | N/A | KINGBOARD LAMINATES HOLDINGS LTD (n/a) - 2.11% |
| #10 | N/A | INVESTOR AB CLASS B (n/a) - 2.06% |
| #11 | N/A | SK HYNIX INC (n/a) - 2.03% |
| #12 | N/A | LION FINANCE GROUP PLC (n/a) - 2.01% |
| #13 | N/A | INTERCONTINENTAL HOTELS GROUP PLC (n/a) - 1.90% |
| #14 | N/A | SWEDBANK AB CLASS A (n/a) - 1.79% |
| #15 | N/A | IBIDEN CO LTD (n/a) - 1.74% |
| #16 | N/A | UNIPOL ASSICURAZIONI SPA (n/a) - 1.70% |
| #17 | N/A | ABB LTD (n/a) - 1.68% |
| #18 | N/A | BPER BANCA SPA (n/a) - 1.64% |
| #19 | N/A | PIRAEUS BANK SA (n/a) - 1.50% |
| #20 | N/A | BANK OF IRELAND GROUP PLC (n/a) - 1.40% |
| #21 | N/A | VAT GROUP AG (n/a) - 1.38% |
| #22 | N/A | OVERSEA-CHINESE BANKING CORP LTD (n/a) - 1.37% |
| #23 | N/A | HOCHTIEF AG (n/a) - 1.36% |
| #24 | N/A | n/a (n/a) - 1.33% |
| #25 | N/A | SWISS LIFE HOLDING AG (n/a) - 1.25% |
| Total Holdings | 1 | 118 |
TSMX vs PIZ - Historical Returns
Returns include dividend reinvestment.
TSMX vs PIZ - Annual Returns (2008 - 2026)
Returns include dividend reinvestment.
| Year | TSMX | PIZ |
|---|---|---|
| 2026 | +50.93% | +7.63% |
| 2025 | +73.87% | +38.01% |
| 2024 | +14.71% | +18.15% |
| 2023 | N/A | +18.01% |
| 2022 | N/A | -30.42% |
| 2021 | N/A | +19.82% |
| 2020 | N/A | +16.95% |
| 2019 | N/A | +28.15% |
| 2018 | N/A | -16.56% |
| 2017 | N/A | +30.52% |
| 2016 | N/A | -6.35% |
| 2015 | N/A | -0.12% |
| 2014 | N/A | -6.69% |
| 2013 | N/A | +34.14% |
| 2012 | N/A | +15.32% |
| 2011 | N/A | -19.66% |
| 2010 | N/A | +17.77% |
| 2009 | N/A | +36.14% |
| 2008 | N/A | -43.80% |
TSMX vs PIZ Drawdown Comparison
The maximum drawdown for TSMX was -63.80%, occurring on Apr 8, 2025. Recovery took 120 trading sessions.
The maximum drawdown for PIZ was -60.61%, occurring on Mar 9, 2009. Recovery took 1342 trading sessions.
The current TSMX drawdown is -22.29%. The current PIZ drawdown is -10.36%.
| Rank | TSMX | PIZ |
|---|---|---|
| #1 | -63.80% Jan 23, 2025 - Jul 17, 2025 | -60.61% May 19, 2008 - Sep 17, 2013 |
| #2 | -34.94% Feb 25, 2026 - Apr 24, 2026 | -40.94% Sep 2, 2021 - Feb 12, 2025 |
| #3 | -31.54% Jun 30, 2026 - Jul 17, 2026 | -36.44% Feb 12, 2020 - Aug 6, 2020 |
| #4 | -24.49% Oct 17, 2024 - Jan 6, 2025 | -24.78% Jan 26, 2018 - Dec 27, 2019 |
| #5 | -21.23% Oct 8, 2025 - Jan 2, 2026 | -22.95% Mar 6, 2014 - Jul 17, 2017 |
| #6 | -17.20% Jun 2, 2026 - Jun 18, 2026 | -14.68% Feb 18, 2025 - Apr 22, 2025 |
| #7 | -16.71% Jan 6, 2025 - Jan 22, 2025 | -14.36% Feb 26, 2026 - Apr 14, 2026 |
| #8 | -16.11% Jul 17, 2025 - Sep 9, 2025 | -12.55% May 8, 2026 - Jul 20, 2026 |
| #9 | -15.15% Jun 22, 2026 - Jun 30, 2026 | -12.24% Jan 10, 2008 - Feb 27, 2008 |
| #10 | -13.06% May 6, 2026 - May 27, 2026 | -10.75% Feb 27, 2008 - Apr 3, 2008 |
| #11 | -10.39% Jan 16, 2026 - Feb 6, 2026 | -9.01% Feb 16, 2021 - Apr 8, 2021 |
| #12 | -7.44% Feb 11, 2026 - Feb 24, 2026 | -8.27% Oct 12, 2020 - Nov 5, 2020 |
| #13 | -6.80% Sep 23, 2025 - Oct 1, 2025 | -6.93% Jan 15, 2014 - Feb 18, 2014 |
| #14 | -6.53% Apr 27, 2026 - May 6, 2026 | -5.91% Nov 3, 2025 - Dec 11, 2025 |
| #15 | -5.80% Jan 6, 2026 - Jan 12, 2026 | -5.42% Sep 18, 2013 - Oct 18, 2013 |
Correlation
Correlation between TSMX and PIZ is 0.90 which considered as a very strong positive correlation - the stocks move almost identically together.
Dividend Comparison (2008 - 2026)
TSMX vs PIZ dividend yield comparison.
| Year | TSMX | PIZ |
|---|---|---|
| 2026 | 0.73% | 1.14% |
| 2025 | 8.01% | 1.55% |
| 2024 | 0.53% | 1.68% |
| 2023 | 0.00% | 1.86% |
| 2022 | 0.00% | 2.04% |
| 2021 | 0.00% | 1.01% |
| 2020 | 0.00% | 0.37% |
| 2019 | 0.00% | 1.58% |
| 2018 | 0.00% | 1.06% |
| 2017 | 0.00% | 1.30% |
| 2016 | 0.00% | 2.21% |
| 2015 | 0.00% | 1.09% |
| 2014 | 0.00% | 1.61% |
| 2013 | 0.00% | 2.81% |
| 2012 | 0.00% | 1.96% |
| 2011 | 0.00% | 2.90% |
| 2010 | 0.00% | 0.43% |
| 2009 | 0.00% | 2.10% |
| 2008 | 0.00% | 2.15% |
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