TDG vs. TECL

Last updated Jun 13, 2026

TDG (TransDigm Group Incorporated) 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 10 years, TDG returned 22.72%/yr vs 51.70%/yr for TECL. At a 0.49 correlation, their price movements are largely independent.

Performance

TDG vs. TECL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TransDigm Group Incorporated (TDG) 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, TDG achieves a -5.55% return, which is significantly lower than TECL's 83.60% return. Over the past 10 years, TDG has underperformed TECL with an annualized return of 22.72%, while TECL has yielded a comparatively higher 51.70% annualized return.

TDG

• 1D: -0.12%
• 1M: 4.55%
• YTD: -5.55%
• 6M: -2.98%
• 1Y: -6.51%
• 3Y*: 22.32%
• 5Y*: 17.95%
• 10Y*: 22.72%

TECL

• 1D: 2.54%
• 1M: 9.30%
• YTD: 83.60%
• 6M: 83.93%
• 1Y: 177.82%
• 3Y*: 65.24%
• 5Y*: 36.48%
• 10Y*: 51.70%

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

TDG vs. TECL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TDG TransDigm Group Incorporated	-5.55%	12.15%	32.27%	66.57%	1.77%	2.82%	10.51%	84.41%	23.83%	19.84%
TECL Direxion Daily Technology Bull 3X Shares	83.60%	38.60%	36.15%	203.14%	-74.32%	112.80%	69.46%	185.58%	-24.03%	124.82%

Correlation

The correlation between TDG and TECL is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (5Y) Calculated over the trailing 5-year period	0.46
Correlation (10Y) Calculated over the trailing 10-year period	0.45
Correlation (All Time) Calculated using the full available price history since Dec 30, 2008	0.49

Over the past year, the correlation between TDG and TECL has dropped to 0.16 - well below their long-term average of 0.49, suggesting their price drivers have been diverging.

Return for Risk

TDG vs. TECL — Risk / Return Rank

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

TDG

TDG Risk / Return Rank: 32
TDG Sharpe Ratio Rank: 33
TDG Sortino Ratio Rank: 29
TDG Omega Ratio Rank: 29
TDG Calmar Ratio Rank: 35
TDG Martin Ratio Rank: 35

TECL

TECL Risk / Return Rank: 76
TECL Sharpe Ratio Rank: 90
TECL Sortino Ratio Rank: 69
TECL Omega Ratio Rank: 71
TECL Calmar Ratio Rank: 83
TECL Martin Ratio Rank: 67

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.

TDG vs. TECL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TransDigm Group Incorporated (TDG) 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.

	TDG	TECL	Difference
Sharpe ratio: Return per unit of total volatility	-0.23	2.66	-2.89
Sortino ratio: Return per unit of downside risk	-0.12	2.69	-2.81
Omega ratio: Gain probability vs. loss probability	0.98	1.36	-0.38
Calmar ratio: Return relative to maximum drawdown	-0.26	3.84	-4.10
Martin ratio: Return relative to average drawdown	-0.44	10.73	-11.17

TDG vs. TECL - Sharpe Ratio Comparison

The current TDG Sharpe Ratio is -0.23, which is lower than the TECL Sharpe Ratio of 2.66. The chart below compares the historical Sharpe Ratios of TDG 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

TDG vs. TECL - Drawdown Comparison

The maximum TDG drawdown since its inception was -62.64%, smaller than the maximum TECL drawdown of -77.96%. Use the drawdown chart below to compare losses from any high point for TDG and TECL.

Drawdown Indicators

	TDG	TECL	Difference
Max Drawdown Largest peak-to-trough decline	-62.64%	-77.96%	+15.32%
Max Drawdown (1Y) Largest decline over 1 year	-25.30%	-46.58%	+21.28%
Max Drawdown (3Y) Largest decline over 3 years	-25.30%	-66.58%	+41.28%
Max Drawdown (5Y) Largest decline over 5 years	-25.30%	-77.96%	+52.66%
Max Drawdown (10Y) Largest decline over 10 years	-62.64%	-77.96%	+15.32%
Current Drawdown Current decline from peak	-17.18%	-21.15%	+3.97%
Average Drawdown Average peak-to-trough decline	-7.95%	-18.38%	+10.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.75%	16.64%	-1.89%

Volatility

TDG vs. TECL - Volatility Comparison

The current volatility for TransDigm Group Incorporated (TDG) is 9.84%, while Direxion Daily Technology Bull 3X Shares (TECL) has a volatility of 33.55%. This indicates that TDG 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

	TDG	TECL	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.84%	33.55%	-23.71%
Volatility (6M) Calculated over the trailing 6-month period	21.88%	57.14%	-35.26%
Volatility (1Y) Calculated over the trailing 1-year period	28.32%	67.39%	-39.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.96%	74.94%	-46.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.83%	72.79%	-38.96%

Dividends

TDG vs. TECL - Dividend Comparison

TDG's dividend yield for the trailing twelve months is around 7.17%, more than TECL's 3.87% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
TDG TransDigm Group Incorporated	7.17%	6.77%	5.92%	3.46%	2.94%	0.00%	0.00%	11.16%	0.00%	8.01%	9.64%
TECL Direxion Daily Technology Bull 3X Shares	3.87%	7.19%	0.29%	0.28%	0.22%	0.32%	0.52%	0.25%	0.47%	0.10%	0.00%

Frequently Asked Questions

Can I hold both TDG and TECL in my portfolio?

TDG and TECL have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TDG or TECL?

TECL has higher volatility (33.55%) compared to TDG (9.84%). In terms of maximum drawdown, TDG dropped -62.64% vs TECL's -77.96%.

Which has better risk-adjusted returns?

TECL currently has the higher Sharpe Ratio (2.66 vs -0.23), 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.