Correlation
The correlation between DUSL and TECL is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
DUSL vs. TECL
Compare and contrast key facts about Direxion Daily Industrials Bull 3X Shares (DUSL) and Direxion Daily Technology Bull 3X Shares (TECL).
DUSL and TECL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DUSL is a passively managed fund by Direxion that tracks the performance of the Industrials Select Sector Index (300%). It was launched on May 3, 2017. 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. Both DUSL and TECL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DUSL or TECL.
Performance
DUSL vs. TECL - Performance Comparison
Loading data...
Key characteristics
DUSL:
0.42
TECL:
-0.15
DUSL:
0.95
TECL:
0.39
DUSL:
1.13
TECL:
1.05
DUSL:
0.45
TECL:
-0.21
DUSL:
1.32
TECL:
-0.48
DUSL:
17.23%
TECL:
29.22%
DUSL:
61.06%
TECL:
90.05%
DUSL:
-85.74%
TECL:
-77.96%
DUSL:
-12.47%
TECL:
-34.65%
Returns By Period
In the year-to-date period, DUSL achieves a 14.46% return, which is significantly higher than TECL's -19.14% return.
DUSL
14.46%
34.98%
-12.11%
25.51%
27.86%
36.59%
N/A
TECL
-19.14%
35.34%
-22.88%
-13.79%
22.77%
31.73%
34.35%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DUSL vs. TECL - Expense Ratio Comparison
DUSL has a 1.01% expense ratio, which is lower than TECL's 1.08% expense ratio.
Risk-Adjusted Performance
DUSL vs. TECL — Risk-Adjusted Performance Rank
DUSL
TECL
DUSL vs. TECL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Industrials Bull 3X Shares (DUSL) 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.
Loading data...
Dividends
DUSL vs. TECL - Dividend Comparison
DUSL's dividend yield for the trailing twelve months is around 5.67%, more than TECL's 0.49% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
DUSL Direxion Daily Industrials Bull 3X Shares | 5.67% | 6.62% | 1.28% | 0.66% | 0.07% | 0.48% | 1.01% | 1.46% | 0.57% |
TECL Direxion Daily Technology Bull 3X Shares | 0.49% | 0.29% | 0.28% | 0.22% | 0.32% | 0.52% | 0.25% | 0.47% | 0.10% |
Drawdowns
DUSL vs. TECL - Drawdown Comparison
The maximum DUSL drawdown since its inception was -85.74%, which is greater than TECL's maximum drawdown of -77.96%. Use the drawdown chart below to compare losses from any high point for DUSL and TECL.
Loading data...
Volatility
DUSL vs. TECL - Volatility Comparison
The current volatility for Direxion Daily Industrials Bull 3X Shares (DUSL) is 14.11%, while Direxion Daily Technology Bull 3X Shares (TECL) has a volatility of 18.28%. This indicates that DUSL 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.
Loading data...