Key stats
About Direxion Daily Semiconductors Top 5 Bear 2X ETF
Home page
Inception date
Oct 1, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rafferty Asset Management LLC
Distributor
ALPS Distributors, Inc.
ISIN
US25461H7052
TXSD provides -2x leveraged exposure to the top 5 US semiconductors companies. These five stocks are selected based on their market capitalization and are weighted equally. The fund primarily invests in financial instruments, such as swaps, futures, and ETFs tracking the index. Additionally, it may hold both index and non-index securities. Providing hyper-concentration in the energy sector, TXSD is not designed to be a long-term investment. Instead, it should be used as a short-term trading vehicle. The fund is a leveraged product with a -2x daily resetting factor and is likely to stray from the returns of the underlying index, especially over longer holding periods due to compounding. The fund may have a high portfolio turnover rate. The Index is rebalanced quarterly and reconstituted annually.
Related funds
Classification
What's in the fund
Exposure type
Cash
Mutual fund
Bonds, Cash & Other100.00%
Cash78.20%
Mutual fund21.80%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
TSXD trades at 20.08 USD today, its price has risen 3.75% in the past 24 hours. Track more dynamics on TSXD price chart.
TSXD net asset value is 20.05 today — it's fallen 19.81% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
TSXD assets under management is 1.89 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
TSXD fund flows account for 0.00 USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
TSXD invests in cash. See more details in our Analysis section.
TSXD expense ratio is 0.97%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
TSXD is an inverse fund, meaning it's structured to generate returns opposite to the trends of the underlying index or assets.
No, TSXD doesn't pay dividends to its holders.
TSXD trades at a premium (0.15%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
TSXD shares are issued by Rafferty Asset Management LLC
TSXD follows the NYSE Semiconductor Top 5 Equal Weight Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 1, 2025.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.