TSMX vs VOO
Direxion Daily TSM Bull 2X ETF vs Vanguard S&P 500 ETF
Which is better, TSMX or VOO?
Trading-Leveraged Equity against Large Cap Blend.
VOO has a lower expense ratio. TSMX led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | TSMX | VOO |
|---|---|---|
| Expense Ratio | 0.99% | 0.03%Best |
| AUM | $559M | $997.4B |
| Dividend Yield | 5.49% | 1.04% |
| Holdings | 9 | 509 |
| YTD Return | +60.17%Best | +14.14% |
| 1Y Return | +106.58%Best | +17.31% |
| 3Y Return (annualized) | - | +23.16% |
| 5Y Return (annualized) | - | +13.85% |
| Volatility (annualized) | 71.2% | 12.8%Best |
| Max Drawdown | -63.8% | -18.7%Best |
| $10,000 over 2 years | $37,582Best | $14,038 |
| Fund Family | Direxion Shares ETF Trust | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Equity | Large Cap Blend |
| Inception | Oct 3, 2024 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 3, 2024 to Sep 21, 2026 (2 years).
TSMX vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2 years both funds cover.
TSMX vs VOO Performance
Direxion Daily TSM Bull 2X ETF (TSMX) is an ETF from Direxion Shares ETF Trust and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year TSMX returned +106.58% while VOO returned +17.31%. Year to date, TSMX is up 60.17% versus a gain of 14.14% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSMX has been the more volatile fund, with annualized monthly volatility of 71.2% compared with 12.8% for VOO. 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 -63.8% for TSMX and -18.7% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.56. They move together some of the time, and apart the rest.
Fees and Cost Over Time
TSMX charges 0.99% per year while VOO charges 0.03%. On a $10,000 position that is $99 vs $3 annually, a gap of $96 per year that compounds over a long holding period. On income, TSMX currently yields 5.49% against 1.04% for VOO.
Holdings Overlap
We hold position weights for 4 holdings in TSMX and 494 in VOO, totalling 100.4% and 99.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 4 positions we hold weights for in TSMX and 494 in VOO, against full books of 9 and 509.
You are not choosing between two funds in isolation.
Whichever of TSMX and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, TSMX or VOO?
TSMX has an expense ratio of 0.99% while VOO charges 0.03%. VOO is the cheaper option, by $96 a year on a $10,000 investment.
Which performed better, TSMX or VOO?
Over the past year TSMX returned +106.58% vs +17.31% for VOO, so TSMX leads on 1-year performance. Over the longest common window we track (2 years), TSMX annualized +93.86% vs +18.48% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TSMX or VOO?
TSMX has been the more volatile fund at 71.2% annualized versus 12.8% for VOO. Worst drawdown: TSMX -63.8% vs VOO -18.7%.
Should I hold both TSMX and VOO?
TSMX and VOO have a monthly-return correlation of 0.56, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, TSMX or VOO?
TSMX yields 5.49% while VOO yields 1.04%, so TSMX currently pays the higher dividend yield.
Is VOO better than TSMX?
VOO has a lower expense ratio. TSMX led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.