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TECL vs. DUOG
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

TECL vs. DUOG - Performance Comparison

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

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Returns By Period

In the year-to-date period, TECL achieves a 74.81% return, which is significantly higher than DUOG's -55.92% return.


TECL

1D
-1.63%
1M
0.04%
6M
102.11%
YTD
74.81%
1Y
117.98%
3Y*
63.34%
5Y*
28.39%
10Y*
47.53%
ALL TIME*
47.99%

DUOG

1D
-2.61%
1M
5.22%
6M
5.42%
YTD
-55.92%
1Y
3Y*
5Y*
10Y*
ALL TIME*
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$402.79K$350.33K$687.09K
$163.14M$152.38M$225.17M

TECL vs. DUOG - Yearly Performance Comparison


Correlation

The correlation between TECL and DUOG is 0.04, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.


Correlation
Correlation (All Time)
Calculated using the full available price history since Dec 11, 2025

0.04

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Return for Risk

TECL vs. DUOG — Risk / Return Rank

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

TECL
TECL Risk / Return Rank: 5353
Overall Rank
TECL Sharpe Ratio Rank: 5555
Sharpe Ratio Rank
TECL Sortino Ratio Rank: 5151
Sortino Ratio Rank
TECL Omega Ratio Rank: 5050
Omega Ratio Rank
TECL Calmar Ratio Rank: 6464
Calmar Ratio Rank
TECL Martin Ratio Rank: 4747
Martin Ratio Rank

DUOG

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. DUOG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Technology Bull 3X Shares (TECL) and Leverage Shares 2X Long DUOL Daily ETF (DUOG). 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.


TECLDUOGDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.26

Calmar ratioReturn relative to maximum drawdown

2.55

Martin ratioReturn relative to average drawdown

6.00

TECL vs. DUOG - Sharpe Ratio Comparison


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Drawdowns

TECL vs. DUOG - Drawdown Comparison

The maximum TECL drawdown since its inception was -77.96%, smaller than the maximum DUOG drawdown of -83.13%. Use the drawdown chart below to compare losses from any high point for TECL and DUOG.


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Drawdown Indicators


TECLDUOGDifference

Max Drawdown

Largest peak-to-trough decline

-77.96%

-83.13%

+5.17%

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

-24.92%

-66.98%

+42.06%

Average Drawdown

Average peak-to-trough decline

-18.45%

-65.01%

+46.56%

Ulcer Index

Depth and duration of drawdowns from previous peaks

19.75%

Volatility

TECL vs. DUOG - Volatility Comparison


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Volatility by Period


TECLDUOGDifference

Volatility (1M)

Calculated over the trailing 1-month period

29.61%

Volatility (6M)

Calculated over the trailing 6-month period

66.17%

Volatility (1Y)

Calculated over the trailing 1-year period

77.25%

116.50%

-39.25%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

76.96%

116.50%

-39.54%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

73.74%

116.50%

-42.76%

TECL vs. DUOG - Expense Ratio Comparison

TECL has a 0.91% expense ratio, which is higher than DUOG's 0.75% expense ratio.


Dividends

TECL vs. DUOG - Dividend Comparison

TECL's dividend yield for the trailing twelve months is around 4.07%, while DUOG has not paid dividends to shareholders.


PositionTTM202520242023202220212020201920182017
DUOG
Leverage Shares 2X Long DUOL 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
4.07%7.19%0.29%0.28%0.22%0.32%0.52%0.25%0.47%0.10%

Frequently Asked Questions


TECL and DUOG have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, DUOG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

DUOG is cheaper with a 0.75% expense ratio, compared with 0.91% for TECL.

TECL has the higher dividend yield at 4.07%, compared with 0.00% for DUOG.

They also come from different issuers: Direxion and Leverage Shares. Their fees differ too: 0.91% for TECL and 0.75% for DUOG.

Portfolio Optimizer

Find the right allocation for TECL and DUOG

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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