IOT vs. TECL
IOT (Samsara 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 3 years, IOT returned 9.92%/yr vs 63.38%/yr for TECL. A 0.50 correlation means they provide meaningful diversification when combined.
Performance
IOT vs. TECL - Performance Comparison
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Returns By Period
In the year-to-date period, IOT achieves a 3.58% return, which is significantly lower than TECL's 80.53% return.
IOT
- 1D
- -0.73%
- 1M
- 9.09%
- 6M
- 9.06%
- YTD
- 3.58%
- 1Y
- -1.79%
- 3Y*
- 9.92%
- 5Y*
- —
- 10Y*
- —
TECL
- 1D
- 0.82%
- 1M
- -1.67%
- 6M
- 73.27%
- YTD
- 80.53%
- 1Y
- 134.93%
- 3Y*
- 63.38%
- 5Y*
- 30.95%
- 10Y*
- 50.19%
IOT vs. TECL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
IOT Samsara Inc. | 3.58% | -18.86% | 30.89% | 168.54% | -55.78% | 12.89% |
TECL Direxion Daily Technology Bull 3X Shares | 80.53% | 38.60% | 36.15% | 203.14% | -74.32% | 7.49% |
Correlation
The correlation between IOT and TECL is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Dec 15, 2021 | 0.50 |
The correlation between IOT and TECL shifts across timeframes, from 0.35 (1 year) to 0.50 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IOT vs. TECL — Risk / Return Rank
IOT
TECL
IOT vs. TECL - Risk-Adjusted Trends 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.
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.
| IOT | TECL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.88 | ||
| Sortino ratioReturn per unit of downside risk | -1.80 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.29 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | -0.06 | 2.84 | -2.90 |
| Martin ratioReturn relative to average drawdown | -0.11 | 7.48 | -7.59 |
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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.
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Drawdown Indicators
| IOT | TECL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.38% | -77.96% | +7.58% |
Max Drawdown (1Y)Largest decline over 1 year | -46.37% | -46.58% | +0.21% |
Max Drawdown (3Y)Largest decline over 3 years | -60.22% | -66.58% | +6.36% |
Max Drawdown (5Y)Largest decline over 5 years | — | -77.96% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -77.96% | — |
Current DrawdownCurrent decline from peak | -39.76% | -22.47% | -17.29% |
Average DrawdownAverage peak-to-trough decline | -31.61% | -18.39% | -13.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.14% | 17.68% | +6.46% |
Volatility
IOT vs. TECL - Volatility Comparison
The current volatility for Samsara Inc. (IOT) is 16.14%, while Direxion Daily Technology Bull 3X Shares (TECL) has a volatility of 32.83%. 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.
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Volatility by Period
| IOT | TECL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.14% | 32.83% | -16.69% |
Volatility (6M)Calculated over the trailing 6-month period | 45.73% | 62.29% | -16.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 59.01% | 72.38% | -13.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.73% | 75.95% | -10.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 65.73% | 73.18% | -7.45% |
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 3.94%.
| Position | TTM | 2025 | 2024 | 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% | 0.00% | 0.00% |
TECL Direxion Daily Technology Bull 3X Shares | 3.94% | 7.19% | 0.29% | 0.28% | 0.22% | 0.32% | 0.52% | 0.25% | 0.47% | 0.10% |
Frequently Asked Questions
IOT and TECL have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TECL has higher volatility (32.83%) compared to IOT (16.14%). In terms of maximum drawdown, IOT dropped -70.38% vs TECL's -77.96%.
TECL currently has the higher Sharpe Ratio (1.83 vs -0.04), 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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