1NVDA.MI vs. TECL
Compare and contrast key facts about NVIDIA Corporation (1NVDA.MI) and Direxion Daily Technology Bull 3X Shares (TECL).
TECL is a passively managed fund by Direxion that tracks the performance of the Technology Select Sector Index (300%). It was launched on Dec 17, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 1NVDA.MI or TECL.
Correlation
The correlation between 1NVDA.MI and TECL is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
1NVDA.MI vs. TECL - Performance Comparison
Key characteristics
1NVDA.MI:
0.03
TECL:
-0.19
1NVDA.MI:
8.95
TECL:
0.31
1NVDA.MI:
3.28
TECL:
1.04
1NVDA.MI:
0.27
TECL:
-0.26
1NVDA.MI:
1.33
TECL:
-0.61
1NVDA.MI:
18.52%
TECL:
28.16%
1NVDA.MI:
935.90%
TECL:
88.52%
1NVDA.MI:
-90.02%
TECL:
-77.96%
1NVDA.MI:
-28.58%
TECL:
-45.24%
Returns By Period
In the year-to-date period, 1NVDA.MI achieves a -21.35% return, which is significantly higher than TECL's -32.23% return.
1NVDA.MI
-21.35%
11.18%
-24.08%
24.59%
72.39%
N/A
TECL
-32.23%
63.89%
-38.06%
-17.10%
28.58%
32.60%
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Risk-Adjusted Performance
1NVDA.MI vs. TECL — Risk-Adjusted Performance Rank
1NVDA.MI
TECL
1NVDA.MI vs. TECL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NVIDIA Corporation (1NVDA.MI) and Direxion Daily Technology Bull 3X Shares (TECL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
1NVDA.MI vs. TECL - Dividend Comparison
1NVDA.MI's dividend yield for the trailing twelve months is around 0.03%, less than TECL's 0.58% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
1NVDA.MI NVIDIA Corporation | 0.03% | 0.04% | 0.28% | 0.96% | 0.94% | 4.06% | 0.00% | 0.00% | 0.00% |
TECL Direxion Daily Technology Bull 3X Shares | 0.58% | 0.29% | 0.28% | 0.22% | 0.32% | 0.52% | 0.25% | 0.47% | 0.10% |
Drawdowns
1NVDA.MI vs. TECL - Drawdown Comparison
The maximum 1NVDA.MI drawdown since its inception was -90.02%, which is greater than TECL's maximum drawdown of -77.96%. Use the drawdown chart below to compare losses from any high point for 1NVDA.MI and TECL. For additional features, visit the drawdowns tool.
Volatility
1NVDA.MI vs. TECL - Volatility Comparison
The current volatility for NVIDIA Corporation (1NVDA.MI) is 17.54%, while Direxion Daily Technology Bull 3X Shares (TECL) has a volatility of 42.43%. This indicates that 1NVDA.MI experiences smaller price fluctuations and is considered to be less risky than TECL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.