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TECL vs. FNGU
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TECL and FNGU is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.0
Correlation: 0.9

Performance

TECL vs. FNGU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Technology Bull 3X Shares (TECL) and MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU). The values are adjusted to include any dividend payments, if applicable.

200.00%400.00%600.00%800.00%1,000.00%1,200.00%NovemberDecember2025FebruaryMarchApril
261.12%
475.22%
TECL
FNGU

Key characteristics

Sharpe Ratio

TECL:

-0.51

FNGU:

-0.06

Sortino Ratio

TECL:

-0.32

FNGU:

0.47

Omega Ratio

TECL:

0.96

FNGU:

1.06

Calmar Ratio

TECL:

-0.67

FNGU:

-0.08

Martin Ratio

TECL:

-1.65

FNGU:

-0.21

Ulcer Index

TECL:

22.69%

FNGU:

22.01%

Daily Std Dev

TECL:

74.25%

FNGU:

81.48%

Max Drawdown

TECL:

-77.96%

FNGU:

-92.34%

Current Drawdown

TECL:

-56.33%

FNGU:

-55.68%

Returns By Period

The year-to-date returns for both stocks are quite close, with TECL having a -45.95% return and FNGU slightly lower at -47.22%.


TECL

YTD

-45.95%

1M

-31.21%

6M

-41.72%

1Y

-37.92%

5Y*

37.66%

10Y*

30.47%

FNGU

YTD

-47.22%

1M

-35.60%

6M

-23.22%

1Y

-6.26%

5Y*

56.12%

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


TECL vs. FNGU - Expense Ratio Comparison

TECL has a 1.08% expense ratio, which is higher than FNGU's 0.95% expense ratio.


TECL
Direxion Daily Technology Bull 3X Shares
Expense ratio chart for TECL: current value is 1.08%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
TECL: 1.08%
Expense ratio chart for FNGU: current value is 0.95%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FNGU: 0.95%

Risk-Adjusted Performance

TECL vs. FNGU — Risk-Adjusted Performance Rank

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

TECL
The Risk-Adjusted Performance Rank of TECL is 77
Overall Rank
The Sharpe Ratio Rank of TECL is 77
Sharpe Ratio Rank
The Sortino Ratio Rank of TECL is 1212
Sortino Ratio Rank
The Omega Ratio Rank of TECL is 1212
Omega Ratio Rank
The Calmar Ratio Rank of TECL is 22
Calmar Ratio Rank
The Martin Ratio Rank of TECL is 44
Martin Ratio Rank

FNGU
The Risk-Adjusted Performance Rank of FNGU is 2121
Overall Rank
The Sharpe Ratio Rank of FNGU is 1616
Sharpe Ratio Rank
The Sortino Ratio Rank of FNGU is 2929
Sortino Ratio Rank
The Omega Ratio Rank of FNGU is 3030
Omega Ratio Rank
The Calmar Ratio Rank of FNGU is 1414
Calmar Ratio Rank
The Martin Ratio Rank of FNGU is 1515
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

TECL vs. FNGU - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Technology Bull 3X Shares (TECL) and MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU). 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.


Sharpe ratio
The chart of Sharpe ratio for TECL, currently valued at -0.51, compared to the broader market0.002.004.00
TECL: -0.51
FNGU: -0.06
The chart of Sortino ratio for TECL, currently valued at -0.32, compared to the broader market-2.000.002.004.006.008.0010.0012.00
TECL: -0.32
FNGU: 0.47
The chart of Omega ratio for TECL, currently valued at 0.96, compared to the broader market0.501.001.502.002.503.00
TECL: 0.96
FNGU: 1.06
The chart of Calmar ratio for TECL, currently valued at -0.67, compared to the broader market0.005.0010.0015.00
TECL: -0.67
FNGU: -0.08
The chart of Martin ratio for TECL, currently valued at -1.65, compared to the broader market0.0020.0040.0060.0080.00100.00
TECL: -1.65
FNGU: -0.21

The current TECL Sharpe Ratio is -0.51, which is lower than the FNGU Sharpe Ratio of -0.06. The chart below compares the historical Sharpe Ratios of TECL and FNGU, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
-0.51
-0.06
TECL
FNGU

Dividends

TECL vs. FNGU - Dividend Comparison

TECL's dividend yield for the trailing twelve months is around 0.73%, while FNGU has not paid dividends to shareholders.


TTM20242023202220212020201920182017
TECL
Direxion Daily Technology Bull 3X Shares
0.73%0.29%0.28%0.22%0.32%0.52%0.25%0.47%0.10%
FNGU
MicroSectors FANG+™ Index 3X Leveraged ETN
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

TECL vs. FNGU - Drawdown Comparison

The maximum TECL drawdown since its inception was -77.96%, smaller than the maximum FNGU drawdown of -92.34%. Use the drawdown chart below to compare losses from any high point for TECL and FNGU. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-56.33%
-55.68%
TECL
FNGU

Volatility

TECL vs. FNGU - Volatility Comparison

The current volatility for Direxion Daily Technology Bull 3X Shares (TECL) is 32.59%, while MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU) has a volatility of 38.05%. This indicates that TECL experiences smaller price fluctuations and is considered to be less risky than FNGU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%30.00%35.00%40.00%NovemberDecember2025FebruaryMarchApril
32.59%
38.05%
TECL
FNGU
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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