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.
Performance
IOT vs. TECL - Performance Comparison
Returns By Period
In the year-to-date period, IOT achieves a 48.26% return, which is significantly higher than TECL's 33.76% return.
IOT
48.26%
-1.02%
20.30%
84.11%
N/A
N/A
TECL
33.76%
-3.73%
5.74%
54.23%
34.47%
38.54%
Key characteristics
| IOT | TECL | |
|---|---|---|
| Sharpe Ratio | 1.57 | 0.83 |
| Sortino Ratio | 2.43 | 1.39 |
| Omega Ratio | 1.29 | 1.19 |
| Calmar Ratio | 2.59 | 1.17 |
| Martin Ratio | 7.65 | 3.22 |
| Ulcer Index | 11.27% | 16.53% |
| Daily Std Dev | 54.97% | 64.51% |
| Max Drawdown | -70.38% | -77.96% |
| Current Drawdown | -6.38% | -20.60% |
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Correlation
The correlation between IOT and TECL is 0.54, 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.
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 0.32%.
| 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 | 0.32% | 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
The current volatility for Samsara Inc. (IOT) is 11.69%, while Direxion Daily Technology Bull 3X Shares (TECL) has a volatility of 18.96%. This indicates that IOT 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.