TECL vs. FUTG
TECL (Direxion Daily Technology Bull 3X Shares) and FUTG (Leverage Shares 2X Long FUTU Daily ETF) are both Leveraged Equities funds. TECL is passively managed, while FUTG is actively managed. A 0.52 correlation means they provide meaningful diversification when combined. TECL charges 0.91%/yr vs 0.75%/yr for FUTG.
Performance
TECL vs. FUTG - Performance Comparison
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Returns By Period
In the year-to-date period, TECL achieves a 125.87% return, which is significantly higher than FUTG's -75.53% return.
TECL
- 1D
- -2.99%
- 1M
- 73.10%
- YTD
- 125.87%
- 6M
- 118.69%
- 1Y
- 267.85%
- 3Y*
- 80.64%
- 5Y*
- 43.44%
- 10Y*
- 54.49%
FUTG
- 1D
- -11.10%
- 1M
- -70.24%
- YTD
- -75.53%
- 6M
- -77.00%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TECL vs. FUTG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TECL Direxion Daily Technology Bull 3X Shares | 125.87% | 2.10% |
FUTG Leverage Shares 2X Long FUTU Daily ETF | -75.53% | -0.80% |
Correlation
The correlation between TECL and FUTG is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 15, 2025 | 0.52 |
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Return for Risk
TECL vs. FUTG — Risk / Return Rank
TECL
FUTG
TECL vs. FUTG - 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 FUTU Daily ETF (FUTG). 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 | FUTG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.48 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 5.79 | — | — |
| Martin ratioReturn relative to average drawdown | 16.63 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TECL | FUTG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.35 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.76 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.76 | -0.66 | +1.42 |
Drawdowns
TECL vs. FUTG - Drawdown Comparison
The maximum TECL drawdown since its inception was -77.96%, smaller than the maximum FUTG drawdown of -86.19%. Use the drawdown chart below to compare losses from any high point for TECL and FUTG.
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Drawdown Indicators
| TECL | FUTG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.96% | -86.19% | +8.23% |
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 DrawdownCurrent decline from peak | -2.99% | -84.29% | +81.30% |
Average DrawdownAverage peak-to-trough decline | -18.38% | -40.35% | +21.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.19% | — | — |
Volatility
TECL vs. FUTG - Volatility Comparison
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Volatility by Period
| TECL | FUTG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.70% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 49.83% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 62.17% | 136.01% | -73.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 74.09% | 136.01% | -61.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 72.35% | 136.01% | -63.66% |
TECL vs. FUTG - Expense Ratio Comparison
TECL has a 0.91% expense ratio, which is higher than FUTG's 0.75% expense ratio.
Dividends
TECL vs. FUTG - Dividend Comparison
TECL's dividend yield for the trailing twelve months is around 3.15%, while FUTG has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FUTG Leverage Shares 2X Long FUTU 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 | 3.15% | 7.19% | 0.29% | 0.28% | 0.22% | 0.32% | 0.52% | 0.25% | 0.47% | 0.10% |
Frequently Asked Questions
TECL and FUTG have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FUTG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FUTG is cheaper with a 0.75% expense ratio, compared with 0.91% for TECL.
TECL has the higher dividend yield at 3.15%, compared with 0.00% for FUTG.
They also come from different issuers: Direxion and Leverage Shares. Their fees differ too: 0.91% for TECL and 0.75% for FUTG.
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