TECL vs. BLDR
TECL (Direxion Daily Technology Bull 3X Shares) is Leveraged Equities fund tracking the Technology Select Sector Index (300%), while BLDR (Builders FirstSource, Inc.) is a stock. Over the past 10 years, TECL returned 46.56%/yr vs 18.88%/yr for BLDR. At a 0.44 correlation, their price movements are largely independent.
Performance
TECL vs. BLDR - Performance Comparison
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Returns By Period
In the year-to-date period, TECL achieves a 51.67% return, which is significantly higher than BLDR's -29.34% return. Over the past 10 years, TECL has outperformed BLDR with an annualized return of 46.56%, while BLDR has yielded a comparatively lower 18.88% annualized return.
TECL
- 1D
- 0.12%
- 1M
- -24.73%
- 6M
- 47.64%
- YTD
- 51.67%
- 1Y
- 86.67%
- 3Y*
- 50.97%
- 5Y*
- 26.20%
- 10Y*
- 46.56%
- ALL TIME*
- 46.94%
BLDR
- 1D
- -2.10%
- 1M
- -9.79%
- 6M
- -42.66%
- YTD
- -29.34%
- 1Y
- -40.97%
- 3Y*
- -19.38%
- 5Y*
- 10.10%
- 10Y*
- 18.88%
- ALL TIME*
- 7.71%
TECL vs. BLDR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TECL Direxion Daily Technology Bull 3X Shares | 51.67% | 38.60% | 36.15% | 203.14% | -74.32% | 112.80% | 69.46% | 185.58% | -24.03% | 124.82% |
BLDR Builders FirstSource, Inc. | -29.34% | -28.01% | -14.38% | 157.31% | -24.30% | 110.02% | 60.61% | 132.91% | -49.93% | 98.63% |
Correlation
The correlation between TECL and BLDR is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Dec 30, 2008 | 0.44 |
Over the past year, the correlation between TECL and BLDR has dropped to 0.21 - well below their long-term average of 0.44, suggesting their price drivers have been diverging.
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Return for Risk
TECL vs. BLDR — Risk / Return Rank
TECL
BLDR
TECL vs. BLDR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Technology Bull 3X Shares (TECL) and Builders FirstSource, Inc. (BLDR). 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.
| TECL | BLDR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.02 | ||
| Sortino ratioReturn per unit of downside risk | +2.99 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 0.87 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | 1.87 | -0.74 | +2.61 |
| Martin ratioReturn relative to average drawdown | 4.75 | -1.26 | +6.01 |
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Drawdowns
TECL vs. BLDR - Drawdown Comparison
The maximum TECL drawdown since its inception was -77.96%, smaller than the maximum BLDR drawdown of -96.78%. Use the drawdown chart below to compare losses from any high point for TECL and BLDR.
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Drawdown Indicators
| TECL | BLDR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.96% | -96.78% | +18.82% |
Max Drawdown (1Y)Largest decline over 1 year | -46.58% | -55.51% | +8.93% |
Max Drawdown (3Y)Largest decline over 3 years | -66.58% | -68.55% | +1.97% |
Max Drawdown (5Y)Largest decline over 5 years | -77.96% | -68.55% | -9.41% |
Max Drawdown (10Y)Largest decline over 10 years | -77.96% | -68.55% | -9.41% |
Current DrawdownCurrent decline from peak | -34.86% | -65.56% | +30.70% |
Average DrawdownAverage peak-to-trough decline | -18.41% | -47.93% | +29.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.31% | 32.56% | -14.25% |
Volatility
TECL vs. BLDR - Volatility Comparison
Direxion Daily Technology Bull 3X Shares (TECL) has a higher volatility of 28.79% compared to Builders FirstSource, Inc. (BLDR) at 18.61%. This indicates that TECL's price experiences larger fluctuations and is considered to be riskier than BLDR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TECL | BLDR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.79% | 18.61% | +10.18% |
Volatility (6M)Calculated over the trailing 6-month period | 63.05% | 35.83% | +27.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 73.41% | 49.69% | +23.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 76.08% | 45.81% | +30.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 73.29% | 47.88% | +25.41% |
Dividends
TECL vs. BLDR - Dividend Comparison
TECL's dividend yield for the trailing twelve months is around 4.69%, while BLDR has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
BLDR Builders FirstSource, 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 | 4.69% | 7.19% | 0.29% | 0.28% | 0.22% | 0.32% | 0.52% | 0.25% | 0.47% | 0.10% |
Frequently Asked Questions
TECL and BLDR have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TECL has higher volatility (28.79%) compared to BLDR (18.61%). In terms of maximum drawdown, TECL dropped -77.96% vs BLDR's -96.78%.
TECL currently has the higher Sharpe Ratio (1.19 vs -0.83), 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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