ODDS vs. TECL

Last updated Jun 5, 2026

ODDS (Pacer BlueStar Digital Entertainment ETF) and TECL (Direxion Daily Technology Bull 3X Shares) are both exchange-traded funds - ODDS is a Technology Equities fund tracking the BlueStar Global Online Gambling, Video Gaming and eSports Index, while TECL is a Leveraged Equities fund tracking the Technology Select Sector Index (300%). Both are passively managed. Over the past 3 years, ODDS returned 8.42%/yr vs 78.93%/yr for TECL. A 0.65 correlation means they provide meaningful diversification when combined. ODDS charges 0.63%/yr vs 0.91%/yr for TECL.

Performance

ODDS vs. TECL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer BlueStar Digital Entertainment ETF (ODDS) and Direxion Daily Technology Bull 3X Shares (TECL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ODDS achieves a -15.11% return, which is significantly lower than TECL's 115.57% return.

ODDS

• 1D: 1.54%
• 1M: 1.79%
• YTD: -15.11%
• 6M: -16.51%
• 1Y: -13.52%
• 3Y*: 8.42%
• 5Y*: —
• 10Y*: —

TECL

• 1D: -4.56%
• 1M: 55.10%
• YTD: 115.57%
• 6M: 106.65%
• 1Y: 249.35%
• 3Y*: 78.93%
• 5Y*: 42.11%
• 10Y*: 53.62%

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

ODDS vs. TECL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
ODDS Pacer BlueStar Digital Entertainment ETF	-15.11%	16.71%	27.61%	25.03%	-14.96%
TECL Direxion Daily Technology Bull 3X Shares	115.57%	38.60%	36.15%	203.14%	-55.39%

Correlation

The correlation between ODDS and TECL is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (All Time) Calculated using the full available price history since Apr 12, 2022	0.65

The correlation between ODDS and TECL shifts across timeframes, from 0.50 (1 year) to 0.65 (all time), reflecting how their relationship changes across market environments.

ODDS vs. TECL - Sectors Allocation Comparison

Sectors	ODDS	TECL
Consumer Cyclical	49.9%	-
Communication Services	44.0%	-
Technology	6.1%	20.4%
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	0.0%
Financial Services	-	-
Healthcare	-	-
Industrials	-	0.0%
Real Estate	-	-
Utilities	-	-

Return for Risk

ODDS vs. TECL — Risk / Return Rank

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

ODDS

ODDS Risk / Return Rank: 5
ODDS Sharpe Ratio Rank: 4
ODDS Sortino Ratio Rank: 4
ODDS Omega Ratio Rank: 4
ODDS Calmar Ratio Rank: 6
ODDS Martin Ratio Rank: 6

TECL

TECL Risk / Return Rank: 84
TECL Sharpe Ratio Rank: 96
TECL Sortino Ratio Rank: 79
TECL Omega Ratio Rank: 78
TECL Calmar Ratio Rank: 89
TECL Martin Ratio Rank: 80

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.

ODDS vs. TECL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer BlueStar Digital Entertainment ETF (ODDS) 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.

	ODDS	TECL	Difference
Sharpe ratio: Return per unit of total volatility	-0.67	4.03	-4.70
Sortino ratio: Return per unit of downside risk	-0.81	3.52	-4.33
Omega ratio: Gain probability vs. loss probability	0.90	1.46	-0.56
Calmar ratio: Return relative to maximum drawdown	-0.39	5.39	-5.78
Martin ratio: Return relative to average drawdown	-0.68	15.48	-16.16
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ODDS vs. TECL - Sharpe Ratio Comparison

The current ODDS Sharpe Ratio is -0.67, which is lower than the TECL Sharpe Ratio of 4.03. The chart below compares the historical Sharpe Ratios of ODDS and TECL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ODDS	TECL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.67	4.03	-4.70
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.57	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.74	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.76	-0.46

Drawdowns

ODDS vs. TECL - Drawdown Comparison

The maximum ODDS drawdown since its inception was -35.09%, smaller than the maximum TECL drawdown of -77.96%. Use the drawdown chart below to compare losses from any high point for ODDS and TECL.

Drawdown Indicators

	ODDS	TECL	Difference
Max Drawdown Largest peak-to-trough decline	-35.09%	-77.96%	+42.87%
Max Drawdown (1Y) Largest decline over 1 year	-35.09%	-46.58%	+11.49%
Max Drawdown (3Y) Largest decline over 3 years	-35.09%	-66.58%	+31.49%
Max Drawdown (5Y) Largest decline over 5 years	—	-77.96%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-77.96%	—
Current Drawdown Current decline from peak	-29.20%	-7.42%	-21.78%
Average Drawdown Average peak-to-trough decline	-9.18%	-18.38%	+9.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.89%	16.19%	+3.70%

Volatility

ODDS vs. TECL - Volatility Comparison

The current volatility for Pacer BlueStar Digital Entertainment ETF (ODDS) is 4.92%, while Direxion Daily Technology Bull 3X Shares (TECL) has a volatility of 21.53%. This indicates that ODDS 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.

Volatility by Period

	ODDS	TECL	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.92%	21.53%	-16.61%
Volatility (6M) Calculated over the trailing 6-month period	15.83%	50.05%	-34.22%
Volatility (1Y) Calculated over the trailing 1-year period	20.42%	62.27%	-41.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.87%	74.08%	-49.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.87%	72.35%	-47.48%

ODDS vs. TECL - Expense Ratio Comparison

ODDS has a 0.63% expense ratio, which is lower than TECL's 0.91% expense ratio.

Dividends

ODDS vs. TECL - Dividend Comparison

ODDS's dividend yield for the trailing twelve months is around 3.35%, more than TECL's 3.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ODDS Pacer BlueStar Digital Entertainment ETF	3.35%	2.59%	0.56%	0.66%	0.42%	0.00%	0.00%	0.00%	0.00%	0.00%
TECL Direxion Daily Technology Bull 3X Shares	3.30%	7.19%	0.29%	0.28%	0.22%	0.32%	0.52%	0.25%	0.47%	0.10%

Frequently Asked Questions

Can I hold both ODDS and TECL in my portfolio?

ODDS and TECL have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ODDS or TECL?

TECL has higher volatility (21.53%) compared to ODDS (4.92%). In terms of maximum drawdown, ODDS dropped -35.09% vs TECL's -77.96%.

Which ETF is better, ODDS or TECL?

On 3-year performance, TECL leads with 78.93% vs 8.42% for ODDS. On fees, ODDS is cheaper at 0.63% per year. On volatility, ODDS has been the lower-risk option at 4.92%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ODDS or TECL?

Over the 3-year period, TECL has performed better with a 78.93% return vs 8.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ODDS or TECL?

ODDS is cheaper with a 0.63% expense ratio, compared with 0.91% for TECL.

Which ETF pays a higher dividend yield, ODDS or TECL?

ODDS has the higher dividend yield at 3.35%, compared with 3.30% for TECL.

What is the main difference between ODDS and TECL?

ODDS is categorized as Technology Equities, while TECL is Leveraged Equities. ODDS tracks BlueStar Global Online Gambling, Video Gaming and eSports Index, while TECL tracks Technology Select Sector Index (300%). They also come from different issuers: Pacer and Direxion. Their fees differ too: 0.63% for ODDS and 0.91% for TECL.

Which has better risk-adjusted returns?

TECL currently has the higher Sharpe Ratio (4.03 vs -0.67), 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.