ADBU vs. TECL

Last updated Jun 25, 2026

ADBU (Direxion Daily ADBE Bull 2X ETF) and TECL (Direxion Daily Technology Bull 3X Shares) are both Leveraged Equities funds from Direxion - ADBU tracks the Adobe Inc. while TECL tracks the Technology Select Sector Index (300%). Both are passively managed. At a 0.09 correlation, their price movements are largely independent. ADBU charges 0.97%/yr vs 0.91%/yr for TECL.

Performance

ADBU vs. TECL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily ADBE Bull 2X ETF (ADBU) and Direxion Daily Technology Bull 3X Shares (TECL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ADBU

• 1D: -0.77%
• 1M: -37.98%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TECL

• 1D: -1.95%
• 1M: -0.73%
• YTD: 75.80%
• 6M: 66.96%
• 1Y: 151.38%
• 3Y*: 64.81%
• 5Y*: 33.35%
• 10Y*: 52.24%

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

ADBU vs. TECL - Yearly Performance Comparison

	2026 (YTD)
ADBU Direxion Daily ADBE Bull 2X ETF	-37.03%
TECL Direxion Daily Technology Bull 3X Shares	119.50%

Correlation

The correlation between ADBU and TECL is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 25, 2026	0.09

Return for Risk

ADBU vs. TECL — Risk / Return Rank

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

ADBU

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

TECL

TECL Risk / Return Rank: 64
TECL Sharpe Ratio Rank: 76
TECL Sortino Ratio Rank: 56
TECL Omega Ratio Rank: 58
TECL Calmar Ratio Rank: 72
TECL Martin Ratio Rank: 56

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.

ADBU vs. TECL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily ADBE Bull 2X ETF (ADBU) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ADBU	TECL	Difference
Sharpe ratio: Return per unit of total volatility	—	2.18	—
Sortino ratio: Return per unit of downside risk	—	2.41	—
Omega ratio: Gain probability vs. loss probability	—	1.32	—
Calmar ratio: Return relative to maximum drawdown	—	3.27	—
Martin ratio: Return relative to average drawdown	—	8.98	—

Drawdowns

ADBU vs. TECL - Drawdown Comparison

The maximum ADBU drawdown since its inception was -50.89%, smaller than the maximum TECL drawdown of -77.96%. Use the drawdown chart below to compare losses from any high point for ADBU and TECL.

Drawdown Indicators

	ADBU	TECL	Difference
Max Drawdown Largest peak-to-trough decline	-50.89%	-77.96%	+27.07%
Max Drawdown (1Y) Largest decline over 1 year	—	-46.58%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-66.58%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-77.96%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-77.96%	—
Current Drawdown Current decline from peak	-50.17%	-24.50%	-25.67%
Average Drawdown Average peak-to-trough decline	-13.17%	-18.38%	+5.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	16.92%	—

Volatility

Volatility by Period

	ADBU	TECL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	38.17%	—
Volatility (6M) Calculated over the trailing 6-month period	—	59.11%	—
Volatility (1Y) Calculated over the trailing 1-year period	92.69%	70.02%	+22.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	92.69%	75.49%	+17.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	92.69%	73.00%	+19.69%

ADBU vs. TECL - Expense Ratio Comparison

ADBU has a 0.97% expense ratio, which is higher than TECL's 0.91% expense ratio.

Dividends

ADBU vs. TECL - Dividend Comparison

ADBU has not paid dividends to shareholders, while TECL's dividend yield for the trailing twelve months is around 4.05%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ADBU Direxion Daily ADBE Bull 2X ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TECL Direxion Daily Technology Bull 3X Shares	4.05%	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 ADBU and TECL in my portfolio?

ADBU and TECL have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ADBU or TECL?

On fees, TECL is cheaper at 0.91% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ADBU or TECL?

TECL is cheaper with a 0.91% expense ratio, compared with 0.97% for ADBU.

Which ETF pays a higher dividend yield, ADBU or TECL?

TECL has the higher dividend yield at 4.05%, compared with 0.00% for ADBU.

What is the main difference between ADBU and TECL?

ADBU tracks Adobe Inc., while TECL tracks Technology Select Sector Index (300%). Their fees differ too: 0.97% for ADBU and 0.91% for TECL.