Direxion Daily Semiconductors Top 5 Bear 2X ETF (TSXD) Performance
TSXD total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −65.3% since Dec 31, 2025
- 1 year
- −66.9% total return
- Since first price
- −73.2% since 2025
TSXD trailing returns vs SPY, QQQ, AGG
| Period | TSXD total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +31.3% | +31.3% | −1.0% | −5.0% | +0.9% |
| 3 months | +12.5% | +11.0% | +3.2% | +1.9% | −0.4% |
| 6 months | −45.3% | −46.5% | +7.8% | +8.4% | −1.5% |
| YTD | −65.3% | −66.2% | +12.3% | +15.1% | −1.0% |
| 1 year | −66.9% | −68.1% | +14.4% | +15.9% | −1.1% |
| Since inceptionOct 1, 2025 | −73.2% | −74.2% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: TSXD vs SPY
From Oct 1, 2025: TSXD grew to $2,675, SPY to $11,492.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
TSXD returns by calendar year
2026 is year to date.
TSXD annual returns table
| Year | TSXD | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −65.3% | −77.3% | +12.3% | +15.1% | −1.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
TSXD largest drawdowns
Now 73.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Oct 1, 2025 | −81.1% | Oct 5, 2026 | not yet | 1.0 years | 1.1 years so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
TSXD rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 1 | −62.2% | −62.2% | −62.2% | 0% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
TSXD performance overview
Direxion Daily Semiconductors Top 5 Bear 2X ETF (TSXD) returned −66.9% over the past year, with distributions reinvested. Since its first recorded price on Oct 1, 2025 it has returned −73.2%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −81.1%, from Oct 1, 2025 to Oct 5, 2026; the fund has not yet regained that high.
Related: TSXD chart, TSXD dividends. See the TSXD overview for the latest quote and fund facts.
TSXD performance FAQ
What is the TSXD return over the past year?
TSXD returned −66.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 68.1%.
How much would $10,000 invested in TSXD be worth?
$10,000 invested in TSXD at its first recorded close on October 1, 2025 would be worth about $2,675 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of TSXD?
The largest peak-to-trough decline was −81.1% between October 1, 2025 and October 5, 2026. It has not yet recovered to that high; it is 73.2% below its peak.