ARKM-USD vs. TECL
ARKM-USD (Arkham) is a cryptocurrency, while TECL (Direxion Daily Technology Bull 3X Shares) is Leveraged Equities fund tracking the Technology Select Sector Index (300%). Over the past year, ARKM-USD returned -74.59% vs 182.62% for TECL. At a 0.18 correlation, their price movements are largely independent.
Performance
ARKM-USD vs. TECL - Performance Comparison
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Returns By Period
In the year-to-date period, ARKM-USD achieves a -23.48% return, which is significantly lower than TECL's 72.61% return.
ARKM-USD
- 1D
- -8.90%
- 1M
- 8.87%
- YTD
- -23.48%
- 6M
- -42.53%
- 1Y
- -74.59%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TECL
- 1D
- -19.93%
- 1M
- 15.09%
- YTD
- 72.61%
- 6M
- 62.00%
- 1Y
- 182.62%
- 3Y*
- 66.22%
- 5Y*
- 35.93%
- 10Y*
- 50.09%
ARKM-USD vs. TECL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ARKM-USD Arkham | -23.48% | -87.37% | 136.81% | -10.53% |
TECL Direxion Daily Technology Bull 3X Shares | 72.61% | 38.60% | 36.15% | 11.72% |
Correlation
The correlation between ARKM-USD and TECL is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Jul 19, 2023 | 0.18 |
The correlation between ARKM-USD and TECL shifts across timeframes, from 0.18 (all time) to 0.30 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
ARKM-USD vs. TECL — Risk / Return Rank
ARKM-USD
TECL
ARKM-USD vs. TECL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Arkham (ARKM-USD) 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.
| ARKM-USD | TECL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.51 | ||
| Sortino ratioReturn per unit of downside risk | -3.78 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.38 | -0.47 |
| Calmar ratioReturn relative to maximum drawdown | -0.87 | 3.95 | -4.81 |
| Martin ratioReturn relative to average drawdown | -1.23 | 11.27 | -12.50 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ARKM-USD | TECL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.70 | 2.80 | -3.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.48 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.69 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.34 | 0.73 | -1.07 |
Drawdowns
ARKM-USD vs. TECL - Drawdown Comparison
The maximum ARKM-USD drawdown since its inception was -97.63%, which is greater than TECL's maximum drawdown of -77.96%. Use the drawdown chart below to compare losses from any high point for ARKM-USD and TECL.
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Drawdown Indicators
| ARKM-USD | TECL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.63% | -77.96% | -19.67% |
Max Drawdown (1Y)Largest decline over 1 year | -85.89% | -46.58% | -39.31% |
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 DrawdownCurrent decline from peak | -96.63% | -25.87% | -70.76% |
Average DrawdownAverage peak-to-trough decline | -65.77% | -18.38% | -47.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 67.28% | 16.27% | +51.01% |
Volatility
ARKM-USD vs. TECL - Volatility Comparison
Arkham (ARKM-USD) has a higher volatility of 34.52% compared to Direxion Daily Technology Bull 3X Shares (TECL) at 31.75%. This indicates that ARKM-USD's price experiences larger fluctuations and is considered to be riskier than TECL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARKM-USD | TECL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 34.52% | 31.75% | +2.77% |
Volatility (6M)Calculated over the trailing 6-month period | 67.73% | 55.01% | +12.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 88.42% | 65.56% | +22.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 104.01% | 74.60% | +29.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 104.01% | 72.63% | +31.38% |
Frequently Asked Questions
ARKM-USD and TECL have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ARKM-USD has higher volatility (34.52%) compared to TECL (31.75%). In terms of maximum drawdown, ARKM-USD dropped -97.63% vs TECL's -77.96%.
TECL currently has the higher Sharpe Ratio (2.80 vs -0.70), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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