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

Key characteristics


TECLFNGU
YTD Return6.49%55.78%
1Y Return34.48%100.99%
3Y Return (Ann)1.23%-3.14%
5Y Return (Ann)33.28%58.18%
Sharpe Ratio0.481.29
Daily Std Dev62.76%71.69%
Max Drawdown-77.96%-92.34%
Current Drawdown-36.79%-35.16%

Correlation

-0.50.00.51.00.9

The correlation between TECL and FNGU is 0.85, 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.

Performance

TECL vs. FNGU - Performance Comparison

In the year-to-date period, TECL achieves a 6.49% return, which is significantly lower than FNGU's 55.78% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-20.00%0.00%20.00%40.00%60.00%AprilMayJuneJulyAugustSeptember
-14.71%
8.74%
TECL
FNGU

Compare stocks, funds, or ETFs

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


Direxion Daily Technology Bull 3X Shares

MicroSectors FANG+™ Index 3X Leveraged ETN

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 at 1.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.08%
Expense ratio chart for FNGU: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Risk-Adjusted Performance

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.


TECL
Sharpe ratio
The chart of Sharpe ratio for TECL, currently valued at 0.48, compared to the broader market0.002.004.000.48
Sortino ratio
The chart of Sortino ratio for TECL, currently valued at 1.02, compared to the broader market-2.000.002.004.006.008.0010.0012.001.02
Omega ratio
The chart of Omega ratio for TECL, currently valued at 1.13, compared to the broader market0.501.001.502.002.503.003.501.13
Calmar ratio
The chart of Calmar ratio for TECL, currently valued at 0.54, compared to the broader market0.005.0010.0015.000.54
Martin ratio
The chart of Martin ratio for TECL, currently valued at 2.12, compared to the broader market0.0020.0040.0060.0080.00100.002.12
FNGU
Sharpe ratio
The chart of Sharpe ratio for FNGU, currently valued at 1.29, compared to the broader market0.002.004.001.29
Sortino ratio
The chart of Sortino ratio for FNGU, currently valued at 1.85, compared to the broader market-2.000.002.004.006.008.0010.0012.001.85
Omega ratio
The chart of Omega ratio for FNGU, currently valued at 1.24, compared to the broader market0.501.001.502.002.503.003.501.24
Calmar ratio
The chart of Calmar ratio for FNGU, currently valued at 1.25, compared to the broader market0.005.0010.0015.001.25
Martin ratio
The chart of Martin ratio for FNGU, currently valued at 5.99, compared to the broader market0.0020.0040.0060.0080.00100.005.99

TECL vs. FNGU - Sharpe Ratio Comparison

The current TECL Sharpe Ratio is 0.48, which is lower than the FNGU Sharpe Ratio of 1.29. The chart below compares the 12-month rolling Sharpe Ratio of TECL and FNGU.


Rolling 12-month Sharpe Ratio0.001.002.003.004.005.00AprilMayJuneJulyAugustSeptember
0.48
1.29
TECL
FNGU

Dividends

TECL vs. FNGU - Dividend Comparison

TECL's dividend yield for the trailing twelve months is around 0.40%, while FNGU has not paid dividends to shareholders.


TTM2023202220212020201920182017
TECL
Direxion Daily Technology Bull 3X Shares
0.40%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%

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.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%AprilMayJuneJulyAugustSeptember
-36.79%
-35.16%
TECL
FNGU

Volatility

TECL vs. FNGU - Volatility Comparison

Direxion Daily Technology Bull 3X Shares (TECL) and MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU) have volatilities of 26.38% and 25.16%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%30.00%35.00%AprilMayJuneJulyAugustSeptember
26.38%
25.16%
TECL
FNGU