1NVDA.MI vs. TECL

Last updated Jun 5, 2026

1NVDA.MI (NVIDIA Corporation) is a stock, while TECL (Direxion Daily Technology Bull 3X Shares) is Leveraged Equities fund tracking the Technology Select Sector Index (300%). Over the past 5 years, 1NVDA.MI returned 66.81%/yr vs 37.41%/yr for TECL. At a 0.47 correlation, their price movements are largely independent.

Performance

1NVDA.MI vs. TECL - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in NVIDIA Corporation (1NVDA.MI) and Direxion Daily Technology Bull 3X Shares (TECL). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

1NVDA.MI is traded in EUR, while TECL is traded in USD. To make them comparable, the TECL values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, 1NVDA.MI achieves a 16.36% return, which is significantly lower than TECL's 76.00% return.

1NVDA.MI

• 1D: 0.06%
• 1M: 5.72%
• YTD: 16.36%
• 6M: 19.25%
• 1Y: 49.10%
• 3Y*: 71.82%
• 5Y*: 66.81%
• 10Y*: —

TECL

• 1D: -19.29%
• 1M: 17.36%
• YTD: 76.00%
• 6M: 63.70%
• 1Y: 180.74%
• 3Y*: 62.15%
• 5Y*: 37.41%
• 10Y*: 49.87%

*Multi-year figures are annualized to reflect compound growth (CAGR)

1NVDA.MI vs. TECL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
1NVDA.MI NVIDIA Corporation	16.36%	20.87%	199.78%	228.95%	-49.72%	154.06%	103.07%	80.20%	-30.23%	-0.90%
TECL Direxion Daily Technology Bull 3X Shares	76.00%	22.15%	45.13%	194.05%	-72.72%	128.72%	55.49%	192.03%	-20.46%	12.96%

Correlation

The correlation between 1NVDA.MI and TECL is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.57
Correlation (3Y) Calculated over the trailing 3-year period	0.50
Correlation (5Y) Calculated over the trailing 5-year period	0.52
Correlation (All Time) Calculated using the full available price history since Oct 24, 2017	0.47

The correlation between 1NVDA.MI and TECL shifts across timeframes, from 0.47 (all time) to 0.57 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

1NVDA.MI vs. TECL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

1NVDA.MI

1NVDA.MI Risk / Return Rank: 77
1NVDA.MI Sharpe Ratio Rank: 81
1NVDA.MI Sortino Ratio Rank: 76
1NVDA.MI Omega Ratio Rank: 73
1NVDA.MI Calmar Ratio Rank: 79
1NVDA.MI Martin Ratio Rank: 77

TECL

TECL Risk / Return Rank: 70
TECL Sharpe Ratio Rank: 87
TECL Sortino Ratio Rank: 59
TECL Omega Ratio Rank: 63
TECL Calmar Ratio Rank: 79
TECL Martin Ratio Rank: 64

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

1NVDA.MI vs. TECL - Risk-Adjusted Trends 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.

	1NVDA.MI	TECL	Difference
Sharpe ratio: Return per unit of total volatility	1.48	2.81	-1.32
Sortino ratio: Return per unit of downside risk	2.03	2.74	-0.71
Omega ratio: Gain probability vs. loss probability	1.25	1.38	-0.13
Calmar ratio: Return relative to maximum drawdown	2.60	3.96	-1.36
Martin ratio: Return relative to average drawdown	5.55	10.96	-5.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

1NVDA.MI vs. TECL - Sharpe Ratio Comparison

The current 1NVDA.MI Sharpe Ratio is 1.48, which is lower than the TECL Sharpe Ratio of 2.81. The chart below compares the historical Sharpe Ratios of 1NVDA.MI and TECL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	1NVDA.MI	TECL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.48	2.81	-1.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.37	0.51	+0.86
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.69	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.17	0.76	+0.41

Drawdowns

1NVDA.MI vs. TECL - Drawdown Comparison

The maximum 1NVDA.MI drawdown since its inception was -60.56%, smaller than the maximum TECL drawdown of -75.72%. Use the drawdown chart below to compare losses from any high point for 1NVDA.MI and TECL.

Drawdown Indicators

	1NVDA.MI	TECL	Difference
Max Drawdown Largest peak-to-trough decline	-60.56%	-75.72%	+15.16%
Max Drawdown (1Y) Largest decline over 1 year	-19.57%	-45.92%	+26.35%
Max Drawdown (3Y) Largest decline over 3 years	-40.90%	-66.96%	+26.06%
Max Drawdown (5Y) Largest decline over 5 years	-60.56%	-75.72%	+15.16%
Max Drawdown (10Y) Largest decline over 10 years	—	-75.72%	—
Current Drawdown Current decline from peak	-7.66%	-25.16%	+17.50%
Average Drawdown Average peak-to-trough decline	-16.77%	-18.00%	+1.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.17%	16.56%	-7.39%

Volatility

1NVDA.MI vs. TECL - Volatility Comparison

The current volatility for NVIDIA Corporation (1NVDA.MI) is 11.40%, while Direxion Daily Technology Bull 3X Shares (TECL) has a volatility of 30.84%. 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.

Volatility by Period

	1NVDA.MI	TECL	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.40%	30.84%	-19.44%
Volatility (6M) Calculated over the trailing 6-month period	23.08%	53.78%	-30.70%
Volatility (1Y) Calculated over the trailing 1-year period	34.25%	64.78%	-30.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.14%	73.41%	-25.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.13%	72.10%	-24.97%

Dividends

1NVDA.MI vs. TECL - Dividend Comparison

1NVDA.MI's dividend yield for the trailing twelve months is around 0.12%, less than TECL's 4.12% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
1NVDA.MI NVIDIA Corporation	0.12%	0.02%	0.03%	0.03%	0.10%	0.04%	0.11%	0.00%	0.00%	0.00%
TECL Direxion Daily Technology Bull 3X Shares	4.12%	7.19%	0.29%	0.28%	0.22%	0.32%	0.52%	0.25%	0.47%	0.10%

Frequently Asked Questions

Can I hold both 1NVDA.MI and TECL in my portfolio?

1NVDA.MI and TECL have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.