ARMH vs. TECL

Last updated Jun 5, 2026

ARMH (Arm Holdings PLC ADRhedged ETF) and TECL (Direxion Daily Technology Bull 3X Shares) are both exchange-traded funds - ARMH is a Technology Equities fund actively managed by Precidian, while TECL is a Leveraged Equities fund tracking the Technology Select Sector Index (300%). ARMH is actively managed, while TECL is passively managed. Their correlation of 0.90 suggests significant overlap in exposure. ARMH charges 0.19%/yr vs 0.91%/yr for TECL.

Performance

ARMH vs. TECL - Performance Comparison

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

Returns By Period

ARMH

• 1D: -4.82%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TECL

• 1D: -4.56%
• 1M: 55.10%
• YTD: 115.57%
• 6M: 106.65%
• 1Y: 249.35%
• 3Y*: 78.93%
• 5Y*: 42.11%
• 10Y*: 53.62%

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

ARMH vs. TECL - Yearly Performance Comparison

	2026 (YTD)
ARMH Arm Holdings PLC ADRhedged ETF	17.07%
TECL Direxion Daily Technology Bull 3X Shares	9.88%

Correlation

The correlation between ARMH and TECL is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	0.90

Return for Risk

ARMH vs. TECL — Risk / Return Rank

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

TECL

TECL Risk / Return Rank: 84
TECL Sharpe Ratio Rank: 96
TECL Sortino Ratio Rank: 79
TECL Omega Ratio Rank: 78
TECL Calmar Ratio Rank: 89
TECL Martin Ratio Rank: 80

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.

ARMH vs. TECL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Arm Holdings PLC ADRhedged ETF (ARMH) 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.

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

Sharpe Ratios by Period

	ARMH	TECL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	4.03	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.57	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.74	—
Sharpe Ratio (All Time) Calculated using the full available price history	2,577.07	0.76	+2,576.32

Drawdowns

ARMH vs. TECL - Drawdown Comparison

The maximum ARMH drawdown since its inception was -4.82%, smaller than the maximum TECL drawdown of -77.96%. Use the drawdown chart below to compare losses from any high point for ARMH and TECL.

Drawdown Indicators

	ARMH	TECL	Difference
Max Drawdown Largest peak-to-trough decline	-4.82%	-77.96%	+73.14%
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	-4.82%	-7.42%	+2.60%
Average Drawdown Average peak-to-trough decline	-1.29%	-18.38%	+17.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	16.19%	—

Volatility

Volatility by Period

	ARMH	TECL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	21.53%	—
Volatility (6M) Calculated over the trailing 6-month period	—	50.05%	—
Volatility (1Y) Calculated over the trailing 1-year period	122.20%	62.27%	+59.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	122.20%	74.08%	+48.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	122.20%	72.35%	+49.85%

ARMH vs. TECL - Expense Ratio Comparison

ARMH has a 0.19% expense ratio, which is lower than TECL's 0.91% expense ratio.

Dividends

ARMH vs. TECL - Dividend Comparison

ARMH has not paid dividends to shareholders, while TECL's dividend yield for the trailing twelve months is around 3.30%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ARMH Arm Holdings PLC ADRhedged 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	3.30%	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 ARMH and TECL in my portfolio?

With a correlation of 0.90, ARMH and TECL move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, ARMH or TECL?

On fees, ARMH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ARMH or TECL?

ARMH is cheaper with a 0.19% expense ratio, compared with 0.91% for TECL.

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

TECL has the higher dividend yield at 3.30%, compared with 0.00% for ARMH.

What is the main difference between ARMH and TECL?

ARMH is categorized as Technology Equities, while TECL is Leveraged Equities. They also come from different issuers: Precidian and Direxion. Their fees differ too: 0.19% for ARMH and 0.91% for TECL.