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ARKY vs. TECL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ARKY vs. TECL

Last updated May 13, 2025

Compare and contrast key facts about ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY) and Direxion Daily Technology Bull 3X Shares (TECL).

ARKY and TECL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ARKY is an actively managed fund by ARK. It was launched on Nov 14, 2023. 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: ARKY or TECL.

Correlation

The correlation between ARKY and TECL is 0.31, 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

ARKY vs. TECL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY) 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

Returns By Period

ARKY

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

TECL

YTD

-23.04%

1M

46.43%

6M

-28.19%

1Y

-6.56%

5Y*

34.61%

10Y*

33.86%

*Annualized

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ARKY vs. TECL - Expense Ratio Comparison

ARKY has a 1.00% expense ratio, which is lower than TECL's 1.08% expense ratio.

TECL
Direxion Daily Technology Bull 3X Shares
ARKY
ARK 21Shares Active Bitcoin Ethereum Strategy ETF

Risk-Adjusted Performance

ARKY vs. TECL — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ARKY
The Risk-Adjusted Performance Rank of ARKY is 1010
Overall Rank
The Sharpe Ratio Rank of ARKY is 1010
Sharpe Ratio Rank
The Sortino Ratio Rank of ARKY is 1515
Sortino Ratio Rank
The Omega Ratio Rank of ARKY is 1515
Omega Ratio Rank
The Calmar Ratio Rank of ARKY is 44
Calmar Ratio Rank
The Martin Ratio Rank of ARKY is 88
Martin Ratio Rank
TECL
The Risk-Adjusted Performance Rank of TECL is 1919
Overall Rank
The Sharpe Ratio Rank of TECL is 1313
Sharpe Ratio Rank
The Sortino Ratio Rank of TECL is 3030
Sortino Ratio Rank
The Omega Ratio Rank of TECL is 3030
Omega Ratio Rank
The Calmar Ratio Rank of TECL is 1111
Calmar Ratio Rank
The Martin Ratio Rank of TECL is 1212
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.

ARKY vs. TECL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY) 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.

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Dividends

ARKY vs. TECL - Dividend Comparison

ARKY has not paid dividends to shareholders, while TECL's dividend yield for the trailing twelve months is around 0.51%.

TTM20242023202220212020201920182017
ARKY
ARK 21Shares Active Bitcoin Ethereum Strategy ETF		23.54%19.02%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
TECL
Direxion Daily Technology Bull 3X Shares		0.51%0.29%0.28%0.22%0.32%0.52%0.25%0.47%0.10%

Drawdowns

ARKY vs. TECL - Drawdown Comparison

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Volatility

ARKY vs. TECL - Volatility Comparison

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