Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
TQQQ ProShares UltraPro QQQ | Leveraged Equities | 33.33% |
USD ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 33.33% |
TECL Direxion Daily Technology Bull 3X Shares | Leveraged Equities, Technology Equities | 33.33% |
Find the right asset allocation for 3 leveraged technology ETFs
Add portfolio to the optimizer to find optimal allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio OptimizerPerformance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in 3 leveraged technology ETFs, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Every 3 months.
Loading charts...
Returns By Period
As of Jun 6, 2026, the 3 leveraged technology ETFs returned 71.59% Year-To-Date and 53.11% of annualized return in the last 10 years.
| Position | 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | 0.30% | 0.09% | 8.18% | 8.17% | 23.42% | 19.88% | 11.91% | 13.45% |
Portfolio 3 leveraged technology ETFs | 6.09% | 4.29% | 71.59% | 59.92% | 173.12% | 84.25% | 43.28% | 53.11% |
| Portfolio components: | ||||||||
TECL Direxion Daily Technology Bull 3X Shares | 6.30% | 11.53% | 83.49% | 68.65% | 192.14% | 69.70% | 37.52% | 51.28% |
TQQQ ProShares UltraPro QQQ | 4.41% | -0.01% | 44.91% | 37.12% | 106.99% | 62.78% | 24.89% | 43.95% |
USD ProShares Ultra Semiconductors | 7.41% | -0.05% | 81.60% | 69.12% | 218.18% | 115.96% | 65.20% | 59.63% |
Monthly Returns
Based on dividend-adjusted daily data since Feb 12, 2010, 3 leveraged technology ETFs's average daily return is +0.22%, while the average monthly return is +4.29%. At this rate, an investment would double in approximately 1.4 years.
Historically, 61% of months were positive and 39% were negative. The best month was Apr 2026 with a return of +61.3%, while the worst month was Mar 2020 at -36.7%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.
On a daily basis, 3 leveraged technology ETFs closed higher 56% of trading days. The best single day was Apr 9, 2025 with a return of +36.8%, while the worst single day was Mar 16, 2020 at -34.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.08% | -10.16% | -12.80% | 61.27% | 44.78% | -9.87% | 71.59% | ||||||
| 2025 | -5.17% | -7.41% | -24.26% | -4.78% | 33.22% | 28.57% | 10.75% | -0.73% | 18.68% | 17.92% | -11.93% | -0.91% | 45.63% |
| 2024 | 9.16% | 21.60% | 6.51% | -14.68% | 24.50% | 19.95% | -10.89% | -1.46% | 4.16% | -2.53% | 10.17% | -0.12% | 76.72% |
| 2023 | 30.75% | 0.80% | 28.43% | -4.16% | 30.14% | 16.79% | 10.11% | -5.39% | -17.41% | -7.28% | 35.67% | 16.42% | 210.69% |
| 2022 | -23.87% | -11.27% | 7.02% | -34.61% | -2.46% | -29.75% | 38.50% | -19.28% | -30.66% | 12.09% | 20.51% | -23.70% | -74.12% |
| 2021 | -0.09% | 4.16% | 1.80% | 10.91% | -1.47% | 18.77% | 6.07% | 10.06% | -14.83% | 22.96% | 16.88% | 2.18% | 100.79% |
Benchmark Metrics
3 leveraged technology ETFs has an annualized alpha of 13.80%, beta of 3.20, and R2 of 0.83 versus S&P 500 Index. Calculated based on daily prices since February 12, 2010.
- This portfolio captured 533.37% of S&P 500 Index gains and 218.41% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- This portfolio generated an annualized alpha of 13.80% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 3.20 means this portfolio moves significantly more than S&P 500 Index - expect amplified gains in rallies and amplified losses in downturns.
- Alpha
- 13.80%
- Beta
- 3.20
- R²
- 0.83
- Upside Capture
- 533.37%
- Downside Capture
- 218.41%
Expense Ratio
3 leveraged technology ETFs has a high expense ratio of 0.94%, indicating above-average management fees. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Return for Risk
Risk / Return Rank
3 leveraged technology ETFs ranks 55 for risk / return — on par with similar Portfolios. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below presents risk-adjusted performance metrics for 3 leveraged technology ETFs and compares them with S&P 500 Index.
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 2.98 | 1.94 | +1.05 |
| Sortino ratioReturn per unit of downside risk | 2.90 | 2.63 | +0.28 |
| Omega ratioGain probability vs. loss probability | 1.40 | 1.35 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 4.52 | 2.59 | +1.94 |
| Martin ratioReturn relative to average drawdown | 13.65 | 11.84 | +1.81 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.
| Position | Risk / Return Rank | Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio |
|---|---|---|---|---|---|---|
TECL Direxion Daily Technology Bull 3X Shares | 77 | 2.94 | 2.83 | 1.39 | 4.15 | 11.82 |
TQQQ ProShares UltraPro QQQ | 63 | 2.16 | 2.45 | 1.33 | 2.91 | 9.45 |
USD ProShares Ultra Semiconductors | 88 | 3.43 | 3.15 | 1.43 | 6.91 | 19.73 |
Loading charts...
Dividends
Dividend yield
3 leveraged technology ETFs provided a 1.51% dividend yield over the last twelve months.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 1.51% | 2.74% | 0.55% | 0.53% | 0.36% | 0.11% | 0.22% | 0.35% | 0.50% | 0.14% | 0.15% | 0.13% |
| Portfolio components: | ||||||||||||
TECL Direxion Daily Technology Bull 3X Shares | 3.87% | 7.19% | 0.29% | 0.28% | 0.22% | 0.32% | 0.52% | 0.25% | 0.47% | 0.10% | 0.00% | 0.00% |
TQQQ ProShares UltraPro QQQ | 0.41% | 0.65% | 1.27% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% |
USD ProShares Ultra Semiconductors | 0.25% | 0.39% | 0.10% | 0.05% | 0.30% | 0.00% | 0.14% | 0.72% | 0.93% | 0.32% | 0.46% | 0.39% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the 3 leveraged technology ETFs. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the 3 leveraged technology ETFs was 78.47%, occurring on Oct 14, 2022. Recovery took 344 trading sessions.
The current 3 leveraged technology ETFs drawdown is 22.03%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -78.47%Oct 2022 | 9mo 20d | 1y 4mo | 2y 2moDec 2021 - Feb 2024 |
COVID crash2020 | -68.85%Mar 2020 | 29d | 4mo 19d | 5mo 18dFeb 2020 - Aug 2020 |
2025 selloff2025 | -61.23%Apr 2025 | 9mo 1d | 3mo 10d | 1y 6dJul 2024 - Jul 2025 |
Rate-hike selloffLate 2018 | -54.02%Dec 2018 | 3mo 26d | 4mo | 7mo 26dAug 2018 - Apr 2019 |
2011 bear market2011 | -47.52%Aug 2011 | 6mo 2d | 6mo 13d | 1y 10dFeb 2011 - Feb 2012 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 3 assets, with an effective number of assets of 3.00, reflecting the diversification based on asset allocation. Your capital is spread almost evenly across your holdings, indicating a well-balanced allocation. Note that true diversification also depends on the correlations between assets — check the diversification ratio below.
Diversification Ratio
1Y | 3Y | 5Y | 10Y | All Time | |
|---|---|---|---|---|---|
Diversification Ratio | 1.03 | 1.03 | 1.03 | 1.03 | 1.03 |
The portfolio has a diversification ratio of 1.03, placing it in the bottom quartile across portfolios — positions are highly correlated. Consider adding assets from different classes or sectors to reduce risk.
3 leveraged technology ETFs correlation to the S&P 500 Index
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.85 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.87 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.90 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.88 |
Correlation (All Time) Calculated using the full available price history since Feb 12, 2010 | 0.88 |
Benchmark Correlations
Correlation vs. S&P 500 Index. TQQQ has the highest benchmark correlation at 0.90, while USD has the lowest at 0.76.
Asset Correlations Table
Find what 3 leveraged technology ETFs is missing
See which holdings overlap, where 3 leveraged technology ETFs is concentrated, and which low-correlation assets could fill the gaps.
Analyze Diversification