HCA vs. TECL
HCA (HCA Healthcare, 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, HCA returned 19.04%/yr vs 47.77%/yr for TECL. Their 0.33 correlation means their historical movements had little consistent relationship.
Performance
HCA vs. TECL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HCA achieves a -13.86% return, which is significantly lower than TECL's 77.71% return. Over the past 10 years, HCA has underperformed TECL with an annualized return of 19.04%, while TECL has yielded a comparatively higher 47.77% annualized return.
HCA
- 1D
- -1.45%
- 1M
- -2.38%
- 6M
- -19.45%
- YTD
- -13.86%
- 1Y
- 11.08%
- 3Y*
- 15.14%
- 5Y*
- 10.91%
- 10Y*
- 19.04%
- ALL TIME*
- 20.34%
TECL
- 1D
- 14.98%
- 1M
- 6.72%
- 6M
- 88.27%
- YTD
- 77.71%
- 1Y
- 117.04%
- 3Y*
- 64.24%
- 5Y*
- 28.73%
- 10Y*
- 47.77%
- ALL TIME*
- 48.13%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $665.98M | $692.92M | $666.74M | |
| $156.89M | $152.83M | $226.69M |
HCA vs. TECL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HCA HCA Healthcare, Inc. | -13.86% | 56.71% | 11.75% | 13.83% | -5.64% | 57.58% | 12.07% | 20.24% | 43.37% | 18.67% |
TECL Direxion Daily Technology Bull 3X Shares | 77.71% | 38.60% | 36.15% | 203.14% | -74.32% | 112.80% | 69.46% | 185.58% | -24.03% | 124.82% |
Correlation
The correlation between HCA and TECL is -0.08, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.08 |
Correlation (3Y) Balances recent behavior with more history. | 0.09 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.26 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.30 |
Correlation (All Time) Calculated using the full available price history since Mar 10, 2011 | 0.33 |
The correlation between HCA and TECL shifts across timeframes, from -0.08 (1 year) to 0.33 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
HCA vs. TECL — Risk / Return Rank
HCA
TECL
HCA vs. TECL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HCA Healthcare, Inc. (HCA) 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.
| HCA | TECL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.16 | ||
| Sortino ratioReturn per unit of downside risk | -1.34 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.26 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.33 | 2.53 | -2.20 |
| Martin ratioReturn relative to average drawdown | 0.74 | 5.97 | -5.23 |
Loading charts...
Drawdowns
HCA vs. TECL - Drawdown Comparison
The maximum HCA drawdown since its inception was -54.74%, smaller than the maximum TECL drawdown of -77.96%. Use the drawdown chart below to compare losses from any high point for HCA and TECL.
Loading charts...
Drawdown Indicators
| HCA | TECL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.74% | -77.96% | +23.22% |
Max Drawdown (1Y)Largest decline over 1 year | -33.62% | -46.58% | +12.96% |
Max Drawdown (3Y)Largest decline over 3 years | -33.62% | -66.58% | +32.96% |
Max Drawdown (5Y)Largest decline over 5 years | -39.49% | -77.96% | +38.47% |
Max Drawdown (10Y)Largest decline over 10 years | -54.74% | -77.96% | +23.22% |
Current DrawdownCurrent decline from peak | -26.23% | -23.68% | -2.55% |
Average DrawdownAverage peak-to-trough decline | -11.20% | -18.45% | +7.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.07% | 19.69% | -4.62% |
Volatility
HCA vs. TECL - Volatility Comparison
The current volatility for HCA Healthcare, Inc. (HCA) is 14.23%, while Direxion Daily Technology Bull 3X Shares (TECL) has a volatility of 30.57%. This indicates that HCA 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 charts...
Volatility by Period
| HCA | TECL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.23% | 30.57% | -16.34% |
Volatility (6M)Calculated over the trailing 6-month period | 24.42% | 66.53% | -42.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.22% | 77.41% | -47.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.85% | 76.96% | -47.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.93% | 73.75% | -40.82% |
Dividends
HCA vs. TECL - Dividend Comparison
HCA's dividend yield for the trailing twelve months is around 0.75%, less than TECL's 4.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
HCA HCA Healthcare, Inc. | 0.75% | 0.62% | 0.88% | 0.89% | 0.93% | 0.75% | 0.63% | 1.08% | 1.12% | 0.00% |
TECL Direxion Daily Technology Bull 3X Shares | 4.01% | 7.19% | 0.29% | 0.28% | 0.22% | 0.32% | 0.52% | 0.25% | 0.47% | 0.10% |
Frequently Asked Questions
HCA and TECL have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TECL has higher volatility (30.57%) compared to HCA (14.23%). In terms of maximum drawdown, HCA dropped -54.74% vs TECL's -77.96%.
TECL currently has the higher Sharpe Ratio (1.52 vs 0.37), 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.
Find the right allocation for HCA and TECL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer