COKE vs. TECL
COKE (Coca-Cola Consolidated, Inc.) is a stock, while TECL (Direxion Daily Technology Bull 3X Shares) is Leveraged Equities fund tracking the Technology Select Sector Index (300%). Over the past 10 years, COKE returned 29.83%/yr vs 45.72%/yr for TECL. Their 0.30 correlation means their historical movements had little consistent relationship.
Performance
COKE vs. TECL - Performance Comparison
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Returns By Period
In the year-to-date period, COKE achieves a 18.43% return, which is significantly lower than TECL's 54.56% return. Over the past 10 years, COKE has underperformed TECL with an annualized return of 29.83%, while TECL has yielded a comparatively higher 45.72% annualized return.
COKE
- 1D
- -3.80%
- 1M
- -7.47%
- 6M
- 17.78%
- YTD
- 18.43%
- 1Y
- 61.83%
- 3Y*
- 39.14%
- 5Y*
- 37.45%
- 10Y*
- 29.83%
- ALL TIME*
- 14.87%
TECL
- 1D
- 4.43%
- 1M
- -7.18%
- 6M
- 53.20%
- YTD
- 54.56%
- 1Y
- 99.73%
- 3Y*
- 56.77%
- 5Y*
- 25.61%
- 10Y*
- 45.72%
- ALL TIME*
- 46.97%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $81.28M | $95.65M | $108.10M | |
| $142.34M | $148.61M | $225.94M |
COKE vs. TECL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
COKE Coca-Cola Consolidated, Inc. | 18.43% | 22.63% | 38.75% | 82.92% | -17.09% | 133.24% | -5.87% | 60.74% | -17.10% | 20.94% |
TECL Direxion Daily Technology Bull 3X Shares | 54.56% | 38.60% | 36.15% | 203.14% | -74.32% | 112.80% | 69.46% | 185.58% | -24.03% | 124.82% |
Correlation
The correlation between COKE and TECL is -0.17, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.17 |
Correlation (3Y) Balances recent behavior with more history. | 0.05 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.18 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.23 |
Correlation (All Time) Calculated using the full available price history since Dec 30, 2008 | 0.30 |
The correlation between COKE and TECL shifts across timeframes, from -0.17 (1 year) to 0.30 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
COKE vs. TECL — Risk / Return Rank
COKE
TECL
COKE vs. TECL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Coca-Cola Consolidated, Inc. (COKE) 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.
| COKE | TECL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.42 | ||
| Sortino ratioReturn per unit of downside risk | +0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.24 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.53 | 2.15 | +0.38 |
| Martin ratioReturn relative to average drawdown | 6.22 | 5.10 | +1.12 |
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Drawdowns
COKE vs. TECL - Drawdown Comparison
The maximum COKE drawdown since its inception was -54.32%, smaller than the maximum TECL drawdown of -77.96%. Use the drawdown chart below to compare losses from any high point for COKE and TECL.
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Drawdown Indicators
| COKE | TECL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.32% | -77.96% | +23.64% |
Max Drawdown (1Y)Largest decline over 1 year | -24.56% | -46.58% | +22.02% |
Max Drawdown (3Y)Largest decline over 3 years | -27.38% | -66.58% | +39.20% |
Max Drawdown (5Y)Largest decline over 5 years | -35.52% | -77.96% | +42.44% |
Max Drawdown (10Y)Largest decline over 10 years | -51.71% | -77.96% | +26.25% |
Current DrawdownCurrent decline from peak | -16.44% | -33.62% | +17.18% |
Average DrawdownAverage peak-to-trough decline | -18.86% | -18.45% | -0.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.97% | 19.63% | -9.66% |
Volatility
COKE vs. TECL - Volatility Comparison
The current volatility for Coca-Cola Consolidated, Inc. (COKE) is 11.57%, while Direxion Daily Technology Bull 3X Shares (TECL) has a volatility of 27.41%. This indicates that COKE experiences smaller price fluctuations and is considered to be less risky 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
| COKE | TECL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.57% | 27.41% | -15.84% |
Volatility (6M)Calculated over the trailing 6-month period | 31.83% | 65.16% | -33.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.70% | 76.18% | -40.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.80% | 76.67% | -38.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.30% | 73.61% | -36.31% |
Dividends
COKE vs. TECL - Dividend Comparison
COKE's dividend yield for the trailing twelve months is around 0.55%, less than TECL's 4.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COKE Coca-Cola Consolidated, Inc. | 0.55% | 0.65% | 1.59% | 0.54% | 0.20% | 0.16% | 0.38% | 0.35% | 0.56% | 0.46% | 0.56% | 0.55% |
TECL Direxion Daily Technology Bull 3X Shares | 4.61% | 7.19% | 0.29% | 0.28% | 0.22% | 0.32% | 0.52% | 0.25% | 0.47% | 0.10% | 0.00% | 0.00% |
Frequently Asked Questions
COKE and TECL have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TECL has higher volatility (27.41%) compared to COKE (11.57%). In terms of maximum drawdown, COKE dropped -54.32% vs TECL's -77.96%.
COKE currently has the higher Sharpe Ratio (1.74 vs 1.32), 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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