IOT vs. TECL
Compare and contrast key facts about Samsara Inc. (IOT) and Direxion Daily Technology Bull 3X Shares (TECL).
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: IOT or TECL.
Correlation
The correlation between IOT and TECL is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IOT vs. TECL - Performance Comparison
Key characteristics
IOT:
0.67
TECL:
0.69
IOT:
1.24
TECL:
1.26
IOT:
1.15
TECL:
1.17
IOT:
1.02
TECL:
1.00
IOT:
2.92
TECL:
2.64
IOT:
11.58%
TECL:
17.10%
IOT:
50.41%
TECL:
65.36%
IOT:
-70.38%
TECL:
-77.96%
IOT:
-21.35%
TECL:
-17.12%
Returns By Period
In the year-to-date period, IOT achieves a 32.77% return, which is significantly lower than TECL's 39.63% return.
IOT
32.77%
-15.79%
51.16%
31.16%
N/A
N/A
TECL
39.63%
1.86%
-7.64%
45.18%
32.10%
38.58%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
IOT vs. TECL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Samsara Inc. (IOT) 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.
Dividends
IOT vs. TECL - Dividend Comparison
IOT has not paid dividends to shareholders, while TECL's dividend yield for the trailing twelve months is around 0.34%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
IOT Samsara Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TECL Direxion Daily Technology Bull 3X Shares | 0.26% | 0.28% | 0.22% | 0.32% | 0.52% | 0.25% | 0.47% | 0.10% |
Drawdowns
IOT vs. TECL - Drawdown Comparison
The maximum IOT drawdown since its inception was -70.38%, smaller than the maximum TECL drawdown of -77.96%. Use the drawdown chart below to compare losses from any high point for IOT and TECL. For additional features, visit the drawdowns tool.
Volatility
IOT vs. TECL - Volatility Comparison
Samsara Inc. (IOT) and Direxion Daily Technology Bull 3X Shares (TECL) have volatilities of 16.32% and 15.85%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.