PLTU vs. TECL

Last updated Jun 24, 2026

PLTU (Direxion Daily PLTR Bull 2X Shares) and TECL (Direxion Daily Technology Bull 3X Shares) are both Leveraged Equities funds from Direxion. PLTU is actively managed, while TECL is passively managed. Over the past year, PLTU returned -52.46% vs 169.88% for TECL. A 0.58 correlation means they provide meaningful diversification when combined. PLTU charges 0.97%/yr vs 0.91%/yr for TECL.

Performance

PLTU vs. TECL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily PLTR Bull 2X Shares (PLTU) 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, PLTU achieves a -65.11% return, which is significantly lower than TECL's 79.13% return.

PLTU

• 1D: -5.56%
• 1M: -30.96%
• YTD: -65.11%
• 6M: -70.86%
• 1Y: -52.46%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TECL

• 1D: -12.35%
• 1M: 1.15%
• YTD: 79.13%
• 6M: 71.47%
• 1Y: 169.88%
• 3Y*: 65.84%
• 5Y*: 33.78%
• 10Y*: 52.52%

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

PLTU vs. TECL - Yearly Performance Comparison

	2026 (YTD)	2025	2024
PLTU Direxion Daily PLTR Bull 2X Shares	-65.11%	223.17%	14.77%
TECL Direxion Daily Technology Bull 3X Shares	79.13%	38.60%	-5.35%

Correlation

The correlation between PLTU and TECL is 0.52, 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	0.52
Correlation (All Time) Calculated using the full available price history since Dec 11, 2024	0.58

The correlation between PLTU and TECL has been stable across timeframes, ranging from 0.52 to 0.58 - a consistent structural relationship.

PLTU vs. TECL - Sectors Allocation Comparison

Sectors	PLTU	TECL
Technology	100.0%	22.4%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	0.0%
Financial Services	-	-
Healthcare	-	-
Industrials	-	0.0%
Real Estate	-	-
Utilities	-	-

Return for Risk

PLTU vs. TECL — Risk / Return Rank

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

PLTU

PLTU Risk / Return Rank: 4
PLTU Sharpe Ratio Rank: 5
PLTU Sortino Ratio Rank: 6
PLTU Omega Ratio Rank: 6
PLTU Calmar Ratio Rank: 3
PLTU Martin Ratio Rank: 3

TECL

TECL Risk / Return Rank: 65
TECL Sharpe Ratio Rank: 80
TECL Sortino Ratio Rank: 55
TECL Omega Ratio Rank: 58
TECL Calmar Ratio Rank: 74
TECL Martin Ratio Rank: 59

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.

PLTU vs. TECL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily PLTR Bull 2X Shares (PLTU) 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.

	PLTU	TECL	Difference
Sharpe ratio: Return per unit of total volatility	-0.51	2.44	-2.95
Sortino ratio: Return per unit of downside risk	-0.27	2.56	-2.83
Omega ratio: Gain probability vs. loss probability	0.97	1.34	-0.38
Calmar ratio: Return relative to maximum drawdown	-0.69	3.67	-4.36
Martin ratio: Return relative to average drawdown	-1.24	10.12	-11.36

PLTU vs. TECL - Sharpe Ratio Comparison

The current PLTU Sharpe Ratio is -0.51, which is lower than the TECL Sharpe Ratio of 2.44. The chart below compares the historical Sharpe Ratios of PLTU 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.

Drawdowns

PLTU vs. TECL - Drawdown Comparison

The maximum PLTU drawdown since its inception was -75.74%, roughly equal to the maximum TECL drawdown of -77.96%. Use the drawdown chart below to compare losses from any high point for PLTU and TECL.

Drawdown Indicators

	PLTU	TECL	Difference
Max Drawdown Largest peak-to-trough decline	-75.74%	-77.96%	+2.22%
Max Drawdown (1Y) Largest decline over 1 year	-75.74%	-46.58%	-29.16%
Max Drawdown (3Y) Largest decline over 3 years	—	-66.58%	—
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	-75.74%	-23.07%	-52.67%
Average Drawdown Average peak-to-trough decline	-33.07%	-18.38%	-14.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	42.43%	16.85%	+25.58%

Volatility

PLTU vs. TECL - Volatility Comparison

Direxion Daily PLTR Bull 2X Shares (PLTU) and Direxion Daily Technology Bull 3X Shares (TECL) have volatilities of 38.01% and 38.27%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PLTU	TECL	Difference
Volatility (1M) Calculated over the trailing 1-month period	38.01%	38.27%	-0.26%
Volatility (6M) Calculated over the trailing 6-month period	77.85%	59.36%	+18.49%
Volatility (1Y) Calculated over the trailing 1-year period	102.74%	70.05%	+32.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	126.48%	75.49%	+50.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	126.48%	73.01%	+53.47%

PLTU vs. TECL - Expense Ratio Comparison

PLTU has a 0.97% expense ratio, which is higher than TECL's 0.91% expense ratio.

Dividends

PLTU vs. TECL - Dividend Comparison

PLTU's dividend yield for the trailing twelve months is around 68.15%, more than TECL's 3.97% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
PLTU Direxion Daily PLTR Bull 2X Shares	68.15%	23.29%	0.12%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TECL Direxion Daily Technology Bull 3X Shares	3.97%	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 PLTU and TECL in my portfolio?

PLTU and TECL have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PLTU or TECL?

TECL has higher volatility (38.27%) compared to PLTU (38.01%). In terms of maximum drawdown, PLTU dropped -75.74% vs TECL's -77.96%.

Which ETF is better, PLTU or TECL?

On 1-year performance, TECL leads with 169.88% vs -52.46% for PLTU. On fees, TECL is cheaper at 0.91% per year. On volatility, PLTU has been the lower-risk option at 38.01%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PLTU or TECL?

Over the 1-year period, TECL has performed better with a 169.88% return vs -52.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PLTU or TECL?

TECL is cheaper with a 0.91% expense ratio, compared with 0.97% for PLTU.

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

PLTU has the higher dividend yield at 68.15%, compared with 3.97% for TECL.

What is the main difference between PLTU and TECL?

Their fees differ too: 0.97% for PLTU and 0.91% for TECL.

Which has better risk-adjusted returns?

TECL currently has the higher Sharpe Ratio (2.44 vs -0.51), 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.