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 10.72%/yr vs 47.81%/yr for TECL. Their 0.48 correlation means their historical movements had little consistent relationship.
Performance
IOT vs. TECL - Performance Comparison
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Returns By Period
In the year-to-date period, IOT achieves a 5.13% return, which is significantly lower than TECL's 48.00% return.
IOT
- 1D
- 4.11%
- 1M
- 3.73%
- 6M
- 32.87%
- YTD
- 5.13%
- 1Y
- 3.50%
- 3Y*
- 10.72%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 9.11%
TECL
- 1D
- -0.52%
- 1M
- -11.12%
- 6M
- 50.64%
- YTD
- 48.00%
- 1Y
- 91.25%
- 3Y*
- 47.81%
- 5Y*
- 24.87%
- 10Y*
- 45.88%
- ALL TIME*
- 46.64%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
IOT Samsara Inc. | $214.55M | $203.92M | $206.16M |
| $140.43M | $155.29M | $226.00M |
IOT vs. TECL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
IOT Samsara Inc. | 5.13% | -18.86% | 30.89% | 168.54% | -55.78% | 12.89% |
TECL Direxion Daily Technology Bull 3X Shares | 48.00% | 38.60% | 36.15% | 203.14% | -74.32% | 7.49% |
Correlation
The correlation between IOT and TECL is 0.27, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.27 |
Correlation (3Y) Balances recent behavior with more history. | 0.41 |
Correlation (All Time) Calculated using the full available price history since Dec 15, 2021 | 0.48 |
Over the past year, the correlation between IOT and TECL has dropped to 0.27 - well below their long-term average of 0.48, suggesting their price drivers have been diverging.
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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 | -1.08 | ||
| Sortino ratioReturn per unit of downside risk | -1.24 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.21 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.04 | 1.71 | -1.75 |
| Martin ratioReturn relative to average drawdown | -0.08 | 4.07 | -4.15 |
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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 | -38.86% | -36.44% | -2.42% |
Average DrawdownAverage peak-to-trough decline | -31.73% | -18.45% | -13.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.49% | 19.52% | +4.97% |
Volatility
IOT vs. TECL - Volatility Comparison
The current volatility for Samsara Inc. (IOT) is 20.47%, while Direxion Daily Technology Bull 3X Shares (TECL) has a volatility of 28.17%. 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 | 20.47% | 28.17% | -7.70% |
Volatility (6M)Calculated over the trailing 6-month period | 47.52% | 65.35% | -17.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 61.39% | 76.26% | -14.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.86% | 76.62% | -10.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 65.86% | 73.57% | -7.71% |
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 4.81%.
| 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 | 4.81% | 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 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TECL has higher volatility (28.17%) compared to IOT (20.47%). In terms of maximum drawdown, IOT dropped -70.38% vs TECL's -77.96%.
TECL currently has the higher Sharpe Ratio (1.05 vs -0.03), 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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