Quick Verdict

VXUS has a lower expense ratio. TNA delivered stronger 1-year returns. VXUS offers more diversification with 7861 holdings.

Lower Fees: VXUSHigher Returns: TNAMore Diversified: VXUS

Side-by-Side Comparison

MetricTNAVXUSWinner
Expense Ratio1.05%0.05%
AUM$1.3B$156.5B
Dividend Yield0.28%2.60%
Holdings128,747
YTD Return+59.43%+14.57%
1Y Return+115.72%+27.82%
3Y Return (annualized)+26.15%+19.27%
5Y Return (annualized)-2.43%+9.28%
Volatility (annualized)60.6%15.1%
Max Drawdown-88.2%-39.9%
Fund FamilyDirexion Shares ETF TrustVanguard (US)
CategoryAlternativeEquity
InceptionNov 5, 2008Jan 26, 2011

TNA vs VXUS Performance

Direxion Daily Small Cap Bull 3X ETF (TNA) is a ETF from Direxion Shares ETF Trust and Vanguard Total International Stock ETF (VXUS) is a ETF from Vanguard (US). Over the past year TNA returned +115.72% while VXUS returned +27.82%. Year to date, TNA is up 59.43% versus a gain of 14.57% for VXUS.

Over three years, TNA compounded at +26.15% per year against +19.27% for VXUS; over five years the annualized figures are -2.43% and +9.28% respectively. Across the full 16-year window we track, TNA has the edge at +10.84% annualized vs +4.86%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

TNA has been the more volatile fund, with annualized monthly volatility of 60.6% compared with 15.1% for VXUS. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -88.2% for TNA and -39.9% for VXUS. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

TNA charges 1.05% per year while VXUS charges 0.05%. On a $10,000 position that is $105 vs $5 annually, a gap of $100 per year that compounds over a long holding period. On income, TNA currently yields 0.28% against 2.60% for VXUS.

Holdings Overlap

0.0%overlap

TNA and VXUS share 0 holdings out of 7866 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, TNA or VXUS?

TNA has an expense ratio of 1.05% while VXUS charges 0.05%. VXUS is the cheaper option. On a $10,000 investment, that is $100 per year of difference.

Which performed better, TNA or VXUS?

Over the past year TNA returned +115.72% vs +27.82% for VXUS, so TNA leads on 1-year performance. Over the longest common window we track (16 years), TNA annualized +10.84% vs +4.86% for VXUS. Past performance does not guarantee future results.

Which is riskier, TNA or VXUS?

TNA has been the more volatile fund at 60.6% annualized versus 15.1% for VXUS. Worst drawdown: TNA -88.2% vs VXUS -39.9%.

Should I hold both TNA and VXUS?

TNA and VXUS have a monthly-return correlation of 0.76, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between TNA and VXUS?

TNA and VXUS share 0 common holdings with a 0.0% weight overlap. Combined, they hold 7866 unique securities.

Which pays a higher dividend, TNA or VXUS?

TNA yields 0.28% while VXUS yields 2.60%, so VXUS currently pays the higher dividend yield.

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