Direxion FundsLeveraged EquityTSMX · Nasdaq

Direxion Daily TSM Bull 2X ETF (TSMX)

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Price: $82.06; —11 Sept 2026
Assets: $562.8M; Total net assets
Expense ratio: 0.99%; Category 0.00%
Yield: 1.33%; Trailing distributions

1Y return: 118.3%+86.0%; Category 32.3%
3Y CAGR: —; Category 25.3%
5Y CAGR: —; Category 6.1%

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Direxion Daily TSM Bull 2X ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	+0.5%	-3.2%	+42.4%	+67.5%	+118.3%	—	—	—	+90.5%
Leveraged Equity average	-3.1%	-7.2%	21.2%	13.2%	32.3%	25.3%	6.1%	9.5%	-5.3%
Difference	+3.6%	+4.0%	+21.2%	+54.2%	+86.0%	—	—	—	+95.8%

Holdings

The 1 largest positions make up 5.8% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
TSM	Taiwan Semiconductor Manufacturing Co Ltd ADR	5.82%

Portfolio valuation

Weighted averages of what the fund holds.

P/E: 30.8
P/B: 10.6
P/S: 15.4
P/CF: 25.9

Sector allocation

Share of the equity the fund holds.

Technology100.0%

Asset mix

Other67.1%
Cash27.1%
Stocks5.8%

ETF details

Issuer: Direxion Funds
Category: Equity · Leveraged Equity
Ticker: TSMX
Exchange: Nasdaq
Inception: 2 Oct 2024 (1.9 years)
Structure: Exchange Traded Fund
Expense ratio: 0.99% (category 0.00%)
Holdings turnover: 0%
Distribution yield: 1.33%
Beta, 3 years: 0.00
Total net assets: $562.8M

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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