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ARKM-USD vs. TECL
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between ARKM-USD and TECL is 0.20, 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.

ARKM-USD vs. TECL

Last updated May 31, 2025

Compare and contrast key facts about Arkham (ARKM-USD) 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: ARKM-USD or TECL.

Performance

ARKM-USD vs. TECL - Performance Comparison

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

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Key characteristics

Sharpe Ratio

ARKM-USD:

-0.68

TECL:

-0.09

Sortino Ratio

ARKM-USD:

-0.58

TECL:

0.35

Omega Ratio

ARKM-USD:

0.95

TECL:

1.05

Calmar Ratio

ARKM-USD:

0.00

TECL:

-0.25

Martin Ratio

ARKM-USD:

-1.26

TECL:

-0.56

Ulcer Index

ARKM-USD:

56.37%

TECL:

29.47%

Daily Std Dev

ARKM-USD:

98.22%

TECL:

89.85%

Max Drawdown

ARKM-USD:

-89.58%

TECL:

-77.96%

Current Drawdown

ARKM-USD:

-86.75%

TECL:

-35.82%

Returns By Period

In the year-to-date period, ARKM-USD achieves a -62.07% return, which is significantly lower than TECL's -20.58% return.

ARKM-USD

YTD

-62.07%

1M

-9.69%

6M

-77.45%

1Y

-79.01%

3Y*

N/A

5Y*

N/A

10Y*

N/A

TECL

YTD

-20.58%

1M

29.94%

6M

-23.05%

1Y

-8.44%

3Y*

22.88%

5Y*

30.34%

10Y*

34.11%

*Annualized

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Arkham

Direxion Daily Technology Bull 3X Shares

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

ARKM-USD vs. TECL — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ARKM-USD
The Risk-Adjusted Performance Rank of ARKM-USD is 99
Overall Rank
The Sharpe Ratio Rank of ARKM-USD is 99
Sharpe Ratio Rank
The Sortino Ratio Rank of ARKM-USD is 55
Sortino Ratio Rank
The Omega Ratio Rank of ARKM-USD is 66
Omega Ratio Rank
The Calmar Ratio Rank of ARKM-USD is 1919
Calmar Ratio Rank
The Martin Ratio Rank of ARKM-USD is 66
Martin Ratio Rank
TECL
The Risk-Adjusted Performance Rank of TECL is 1414
Overall Rank
The Sharpe Ratio Rank of TECL is 1212
Sharpe Ratio Rank
The Sortino Ratio Rank of TECL is 2121
Sortino Ratio Rank
The Omega Ratio Rank of TECL is 2121
Omega Ratio Rank
The Calmar Ratio Rank of TECL is 66
Calmar Ratio Rank
The Martin Ratio Rank of TECL is 99
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

ARKM-USD vs. TECL - Risk-Adjusted Performance 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.

The current ARKM-USD Sharpe Ratio is -0.68, which is lower than the TECL Sharpe Ratio of -0.09. The chart below compares the historical Sharpe Ratios of ARKM-USD and TECL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Drawdowns

ARKM-USD vs. TECL - Drawdown Comparison

The maximum ARKM-USD drawdown since its inception was -89.58%, 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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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

ARKM-USD vs. TECL - Volatility Comparison

Arkham (ARKM-USD) has a higher volatility of 41.03% compared to Direxion Daily Technology Bull 3X Shares (TECL) at 18.57%. 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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