TECL vs. BRKL

Last updated Aug 5, 2026

TECL (Direxion Daily Technology Bull 3X Shares) and BRKL (Corgi BRKB 2x Daily ETF) are both Leveraged Equities funds. TECL is passively managed, while BRKL is actively managed. Their -0.24 correlation means they have often moved in opposite directions in the past. TECL charges 0.91%/yr vs 0.45%/yr for BRKL.

Performance

TECL vs. BRKL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Technology Bull 3X Shares (TECL) and Corgi BRKB 2x Daily ETF (BRKL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TECL

• 1D: 14.98%
• 1M: 6.72%
• 6M: 88.27%
• YTD: 77.71%
• 1Y: 117.04%
• 3Y*: 64.24%
• 5Y*: 28.73%
• 10Y*: 47.77%
• ALL TIME*: 48.13%

BRKL

• 1D: 1.64%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BRKL Corgi BRKB 2x Daily ETF	$6.23K	$15.92K	$15.92K
TECL Direxion Daily Technology Bull 3X Shares	$156.89M	$152.83M	$226.69M

TECL vs. BRKL - Yearly Performance Comparison

	2026 (YTD)
TECL Direxion Daily Technology Bull 3X Shares	1.70%
BRKL Corgi BRKB 2x Daily ETF	3.51%

Correlation

The correlation between TECL and BRKL is -0.24, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 7, 2026	-0.24

Return for Risk

TECL vs. BRKL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TECL

TECL Risk / Return Rank: 54
TECL Sharpe Ratio Rank: 56
TECL Sortino Ratio Rank: 51
TECL Omega Ratio Rank: 50
TECL Calmar Ratio Rank: 65
TECL Martin Ratio Rank: 47

BRKL

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TECL vs. BRKL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Technology Bull 3X Shares (TECL) and Corgi BRKB 2x Daily ETF (BRKL). 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	BRKL	Difference
Sharpe ratio: Return per unit of total volatility	1.52	—	—
Sortino ratio: Return per unit of downside risk	2.05	—	—
Omega ratio: Gain probability vs. loss probability	1.26	—	—
Calmar ratio: Return relative to maximum drawdown	2.53	—	—
Martin ratio: Return relative to average drawdown	5.97	—	—

Drawdowns

TECL vs. BRKL - Drawdown Comparison

The maximum TECL drawdown since its inception was -77.96%, which is greater than BRKL's maximum drawdown of -7.03%. Use the drawdown chart below to compare losses from any high point for TECL and BRKL.

Drawdown Indicators

	TECL	BRKL	Difference
Max Drawdown Largest peak-to-trough decline	-77.96%	-7.03%	-70.93%
Max Drawdown (1Y) Largest decline over 1 year	-46.58%	—	—
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	-23.68%	0.00%	-23.68%
Average Drawdown Average peak-to-trough decline	-18.45%	-3.74%	-14.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.69%	—	—

Volatility

Volatility by Period

	TECL	BRKL	Difference
Volatility (1M) Calculated over the trailing 1-month period	30.57%	—	—
Volatility (6M) Calculated over the trailing 6-month period	66.53%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	77.41%	29.89%	+47.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	76.96%	29.89%	+47.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	73.75%	29.89%	+43.86%

TECL vs. BRKL - Expense Ratio Comparison

TECL has a 0.91% expense ratio, which is higher than BRKL's 0.45% expense ratio.

Dividends

TECL vs. BRKL - Dividend Comparison

TECL's dividend yield for the trailing twelve months is around 4.01%, while BRKL has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BRKL Corgi BRKB 2x Daily ETF	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	4.01%	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 TECL and BRKL in my portfolio?

TECL and BRKL have a correlation of -0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TECL or BRKL?

On fees, BRKL is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TECL or BRKL?

BRKL is cheaper with a 0.45% expense ratio, compared with 0.91% for TECL.

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

TECL has the higher dividend yield at 4.01%, compared with 0.00% for BRKL.

What is the main difference between TECL and BRKL?

They also come from different issuers: Direxion and Corgi. Their fees differ too: 0.91% for TECL and 0.45% for BRKL.