TXNU vs LTAX

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

TXNU vs LTAX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

TXNU

$6.20M

LTAX

$6.20M

Expense Ratio

TXNU

N/A

LTAX

0.39%

Max Drawdown

TXNU

23.61%

Winner

LTAX

3.49%

Sharpe Ratio

Winner

TXNU

3.46

LTAX

0.06

5Y Beta

TXNU

2.68

Winner

LTAX

0.16

TXNU vs LTAX - Historical Returns

Returns include dividend reinvestment.

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

TXNU

-0.25%

Winner

LTAX

+0.82%

TXNU

N/A

LTAX

+1.01%

Max(CAGR)

Winner

TXNU

+2946.92%

LTAX

+3.92%

TXNU vs LTAX - Annual Returns (2026 - 2026)

Returns include dividend reinvestment.

Year	TXNU	LTAX
2026	+96.11%	+1.52%

TXNU vs LTAX Drawdown Comparison

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

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

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

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