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

Correlation

The correlation between TECL and GOOG is 0.73, 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.


-0.50.00.51.00.7

Performance

TECL vs. GOOG - Performance Comparison

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

-40.00%-30.00%-20.00%-10.00%0.00%10.00%AugustSeptemberOctoberNovemberDecember2025
-21.58%
2.43%
TECL
GOOG

Key characteristics

Sharpe Ratio

TECL:

0.47

GOOG:

1.24

Sortino Ratio

TECL:

1.03

GOOG:

1.76

Omega Ratio

TECL:

1.13

GOOG:

1.23

Calmar Ratio

TECL:

0.68

GOOG:

1.54

Martin Ratio

TECL:

1.76

GOOG:

3.77

Ulcer Index

TECL:

17.45%

GOOG:

9.08%

Daily Std Dev

TECL:

65.96%

GOOG:

27.80%

Max Drawdown

TECL:

-77.96%

GOOG:

-44.60%

Current Drawdown

TECL:

-25.20%

GOOG:

-2.96%

Returns By Period

In the year-to-date period, TECL achieves a -7.43% return, which is significantly lower than GOOG's 0.97% return. Over the past 10 years, TECL has outperformed GOOG with an annualized return of 38.97%, while GOOG has yielded a comparatively lower 22.59% annualized return.


TECL

YTD

-7.43%

1M

-15.58%

6M

-21.58%

1Y

27.71%

5Y*

26.09%

10Y*

38.97%

GOOG

YTD

0.97%

1M

0.48%

6M

2.43%

1Y

33.79%

5Y*

21.91%

10Y*

22.59%

*Annualized

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Risk-Adjusted Performance

TECL vs. GOOG — 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 3535
Overall Rank
The Sharpe Ratio Rank of TECL is 2929
Sharpe Ratio Rank
The Sortino Ratio Rank of TECL is 3737
Sortino Ratio Rank
The Omega Ratio Rank of TECL is 3838
Omega Ratio Rank
The Calmar Ratio Rank of TECL is 4141
Calmar Ratio Rank
The Martin Ratio Rank of TECL is 3030
Martin Ratio Rank

GOOG
The Risk-Adjusted Performance Rank of GOOG is 8282
Overall Rank
The Sharpe Ratio Rank of GOOG is 8585
Sharpe Ratio Rank
The Sortino Ratio Rank of GOOG is 7979
Sortino Ratio Rank
The Omega Ratio Rank of GOOG is 7878
Omega Ratio Rank
The Calmar Ratio Rank of GOOG is 8888
Calmar Ratio Rank
The Martin Ratio Rank of GOOG is 7878
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. GOOG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Technology Bull 3X Shares (TECL) and Alphabet Inc. (GOOG). 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 0.47, compared to the broader market0.002.004.000.471.24
The chart of Sortino ratio for TECL, currently valued at 1.03, compared to the broader market-2.000.002.004.006.008.0010.0012.001.031.76
The chart of Omega ratio for TECL, currently valued at 1.13, compared to the broader market0.501.001.502.002.503.001.131.23
The chart of Calmar ratio for TECL, currently valued at 0.68, compared to the broader market0.005.0010.0015.000.681.54
The chart of Martin ratio for TECL, currently valued at 1.76, compared to the broader market0.0020.0040.0060.0080.00100.001.763.77
TECL
GOOG

The current TECL Sharpe Ratio is 0.47, which is lower than the GOOG Sharpe Ratio of 1.24. The chart below compares the historical Sharpe Ratios of TECL and GOOG, 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 Ratio0.501.001.502.00AugustSeptemberOctoberNovemberDecember2025
0.47
1.24
TECL
GOOG

Dividends

TECL vs. GOOG - Dividend Comparison

TECL's dividend yield for the trailing twelve months is around 0.31%, which matches GOOG's 0.31% yield.


TTM20242023202220212020201920182017
TECL
Direxion Daily Technology Bull 3X Shares
0.31%0.29%0.28%0.22%0.32%0.52%0.25%0.47%0.10%
GOOG
Alphabet Inc.
0.31%0.32%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

TECL vs. GOOG - Drawdown Comparison

The maximum TECL drawdown since its inception was -77.96%, which is greater than GOOG's maximum drawdown of -44.60%. Use the drawdown chart below to compare losses from any high point for TECL and GOOG. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%AugustSeptemberOctoberNovemberDecember2025
-25.20%
-2.96%
TECL
GOOG

Volatility

TECL vs. GOOG - Volatility Comparison

Direxion Daily Technology Bull 3X Shares (TECL) has a higher volatility of 18.57% compared to Alphabet Inc. (GOOG) at 9.03%. This indicates that TECL's price experiences larger fluctuations and is considered to be riskier than GOOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%10.00%20.00%30.00%40.00%AugustSeptemberOctoberNovemberDecember2025
18.57%
9.03%
TECL
GOOG
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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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