MOTO vs. TPOR

Last updated Jun 24, 2026

MOTO (SmartETFs Smart Transportation & Technology ETF) and TPOR (Direxion Daily Transportation Bull 3X Shares) are both exchange-traded funds - MOTO is a Transportation Equities fund actively managed by Guinness Atkinson Asset Management, while TPOR is a Leveraged Equities fund tracking the Dow Jones Transportation Average Index (300%). MOTO is actively managed, while TPOR is passively managed. Over the past 5 years, MOTO returned 8.94%/yr vs -0.87%/yr for TPOR. A 0.68 correlation means they provide meaningful diversification when combined. MOTO charges 0.68%/yr vs 1.01%/yr for TPOR.

Performance

MOTO vs. TPOR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SmartETFs Smart Transportation & Technology ETF (MOTO) and Direxion Daily Transportation Bull 3X Shares (TPOR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MOTO achieves a 21.35% return, which is significantly lower than TPOR's 28.21% return.

MOTO

• 1D: -5.00%
• 1M: -2.33%
• YTD: 21.35%
• 6M: 20.71%
• 1Y: 43.37%
• 3Y*: 17.21%
• 5Y*: 8.94%
• 10Y*: —

TPOR

• 1D: -2.19%
• 1M: 7.81%
• YTD: 28.21%
• 6M: 23.96%
• 1Y: 67.02%
• 3Y*: 13.97%
• 5Y*: -0.87%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MOTO vs. TPOR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
MOTO SmartETFs Smart Transportation & Technology ETF	21.35%	27.38%	2.01%	27.10%	-27.20%	17.22%	59.13%	5.00%
TPOR Direxion Daily Transportation Bull 3X Shares	28.21%	3.26%	-9.12%	54.60%	-58.70%	105.18%	-7.30%	-0.02%

Correlation

The correlation between MOTO and TPOR is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.56
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (5Y) Calculated over the trailing 5-year period	0.67
Correlation (All Time) Calculated using the full available price history since Nov 15, 2019	0.68

The correlation between MOTO and TPOR shifts across timeframes, from 0.56 (1 year) to 0.68 (all time), reflecting how their relationship changes across market environments.

MOTO vs. TPOR - Sectors Allocation Comparison

Sectors	MOTO	TPOR
Technology	45.1%	15.3%
Consumer Cyclical	26.4%	-
Industrials	18.7%	84.7%
Communication Services	4.1%	-
Basic Materials	3.6%	-
Consumer Defensive	2.1%	-
Financial Services	1.0%	-
Utilities	0.7%	-
Energy	-	-
Healthcare	-	-
Real Estate	-	-

Return for Risk

MOTO vs. TPOR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MOTO

MOTO Risk / Return Rank: 62
MOTO Sharpe Ratio Rank: 62
MOTO Sortino Ratio Rank: 55
MOTO Omega Ratio Rank: 58
MOTO Calmar Ratio Rank: 70
MOTO Martin Ratio Rank: 66

TPOR

TPOR Risk / Return Rank: 36
TPOR Sharpe Ratio Rank: 33
TPOR Sortino Ratio Rank: 34
TPOR Omega Ratio Rank: 33
TPOR Calmar Ratio Rank: 43
TPOR Martin Ratio Rank: 38

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MOTO vs. TPOR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SmartETFs Smart Transportation & Technology ETF (MOTO) and Direxion Daily Transportation Bull 3X Shares (TPOR). 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.

	MOTO	TPOR	Difference
Sharpe ratio: Return per unit of total volatility	1.89	1.11	+0.77
Sortino ratio: Return per unit of downside risk	2.46	1.70	+0.76
Omega ratio: Gain probability vs. loss probability	1.33	1.21	+0.12
Calmar ratio: Return relative to maximum drawdown	3.26	1.98	+1.28
Martin ratio: Return relative to average drawdown	11.11	5.63	+5.48

MOTO vs. TPOR - Sharpe Ratio Comparison

The current MOTO Sharpe Ratio is 1.89, which is higher than the TPOR Sharpe Ratio of 1.11. The chart below compares the historical Sharpe Ratios of MOTO and TPOR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MOTO vs. TPOR - Drawdown Comparison

The maximum MOTO drawdown since its inception was -38.24%, smaller than the maximum TPOR drawdown of -87.59%. Use the drawdown chart below to compare losses from any high point for MOTO and TPOR.

Drawdown Indicators

	MOTO	TPOR	Difference
Max Drawdown Largest peak-to-trough decline	-38.24%	-87.59%	+49.35%
Max Drawdown (1Y) Largest decline over 1 year	-13.36%	-34.00%	+20.64%
Max Drawdown (3Y) Largest decline over 3 years	-26.43%	-64.11%	+37.68%
Max Drawdown (5Y) Largest decline over 5 years	-37.34%	-74.08%	+36.74%
Current Drawdown Current decline from peak	-7.73%	-31.66%	+23.93%
Average Drawdown Average peak-to-trough decline	-9.93%	-38.63%	+28.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.91%	11.94%	-8.03%

Volatility

MOTO vs. TPOR - Volatility Comparison

The current volatility for SmartETFs Smart Transportation & Technology ETF (MOTO) is 11.45%, while Direxion Daily Transportation Bull 3X Shares (TPOR) has a volatility of 20.81%. This indicates that MOTO experiences smaller price fluctuations and is considered to be less risky than TPOR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MOTO	TPOR	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.45%	20.81%	-9.36%
Volatility (6M) Calculated over the trailing 6-month period	19.16%	47.27%	-28.11%
Volatility (1Y) Calculated over the trailing 1-year period	23.09%	60.65%	-37.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.99%	68.03%	-44.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.47%	70.97%	-44.50%

MOTO vs. TPOR - Expense Ratio Comparison

MOTO has a 0.68% expense ratio, which is lower than TPOR's 1.01% expense ratio.

Dividends

MOTO vs. TPOR - Dividend Comparison

MOTO's dividend yield for the trailing twelve months is around 0.87%, more than TPOR's 0.71% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
MOTO SmartETFs Smart Transportation & Technology ETF	0.87%	1.06%	1.07%	2.73%	2.33%	0.55%	2.71%	0.00%	0.00%	0.00%
TPOR Direxion Daily Transportation Bull 3X Shares	0.71%	0.91%	1.43%	1.51%	0.00%	0.00%	0.10%	0.96%	1.22%	8.70%

Frequently Asked Questions

Can I hold both MOTO and TPOR in my portfolio?

MOTO and TPOR have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MOTO or TPOR?

TPOR has higher volatility (20.81%) compared to MOTO (11.45%). In terms of maximum drawdown, MOTO dropped -38.24% vs TPOR's -87.59%.

Which ETF is better, MOTO or TPOR?

On 5-year performance, MOTO leads with 8.94% vs -0.87% for TPOR. On fees, MOTO is cheaper at 0.68% per year. On volatility, MOTO has been the lower-risk option at 11.45%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MOTO or TPOR?

Over the 5-year period, MOTO has performed better with a 8.94% return vs -0.87%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MOTO or TPOR?

MOTO is cheaper with a 0.68% expense ratio, compared with 1.01% for TPOR.

Which ETF pays a higher dividend yield, MOTO or TPOR?

MOTO has the higher dividend yield at 0.87%, compared with 0.71% for TPOR.

What is the main difference between MOTO and TPOR?

MOTO is categorized as Transportation Equities, while TPOR is Leveraged Equities. They also come from different issuers: Guinness Atkinson Asset Management and Direxion. Their fees differ too: 0.68% for MOTO and 1.01% for TPOR.

Which has better risk-adjusted returns?

MOTO currently has the higher Sharpe Ratio (1.89 vs 1.11), 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.