TECL vs. PTIR

Last updated Jun 4, 2026

TECL (Direxion Daily Technology Bull 3X Shares) and PTIR (GraniteShares 2x Long PLTR Daily ETF) are both Leveraged Equities funds. TECL is passively managed, while PTIR is actively managed. Over the past year, TECL returned 267.85% vs -21.52% for PTIR. A 0.55 correlation means they provide meaningful diversification when combined. TECL charges 0.91%/yr vs 1.15%/yr for PTIR.

Performance

TECL vs. PTIR - Performance Comparison

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

Returns By Period

In the year-to-date period, TECL achieves a 125.87% return, which is significantly higher than PTIR's -46.20% 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%

PTIR

• 1D: -13.01%
• 1M: -8.99%
• YTD: -46.20%
• 6M: -46.23%
• 1Y: -21.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TECL vs. PTIR - Yearly Performance Comparison

	2026 (YTD)	2025	2024
TECL Direxion Daily Technology Bull 3X Shares	125.87%	38.60%	27.28%
PTIR GraniteShares 2x Long PLTR Daily ETF	-46.20%	221.36%	425.36%

Correlation

The correlation between TECL and PTIR is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.51
Correlation (All Time) Calculated using the full available price history since Sep 5, 2024	0.55

The correlation between TECL and PTIR has been stable across timeframes, ranging from 0.51 to 0.55 - a consistent structural relationship.

TECL vs. PTIR - Sectors Allocation Comparison

Sectors	TECL	PTIR
Technology	20.4%	100.0%
Energy	0.0%	-
Industrials	0.0%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

TECL vs. PTIR — Risk / Return Rank

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

TECL

TECL Risk / Return Rank: 85
TECL Sharpe Ratio Rank: 96
TECL Sortino Ratio Rank: 80
TECL Omega Ratio Rank: 79
TECL Calmar Ratio Rank: 90
TECL Martin Ratio Rank: 81

PTIR

PTIR Risk / Return Rank: 8
PTIR Sharpe Ratio Rank: 6
PTIR Sortino Ratio Rank: 11
PTIR Omega Ratio Rank: 11
PTIR Calmar Ratio Rank: 6
PTIR Martin Ratio Rank: 6

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TECL vs. PTIR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Technology Bull 3X Shares (TECL) and GraniteShares 2x Long PLTR Daily ETF (PTIR). 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	PTIR	Difference
Sharpe ratio: Return per unit of total volatility	4.35	-0.21	+4.56
Sortino ratio: Return per unit of downside risk	3.66	0.40	+3.27
Omega ratio: Gain probability vs. loss probability	1.48	1.05	+0.43
Calmar ratio: Return relative to maximum drawdown	5.79	-0.32	+6.11
Martin ratio: Return relative to average drawdown	16.63	-0.55	+17.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TECL vs. PTIR - Sharpe Ratio Comparison

The current TECL Sharpe Ratio is 4.35, which is higher than the PTIR Sharpe Ratio of -0.21. The chart below compares the historical Sharpe Ratios of TECL and PTIR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TECL	PTIR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.35	-0.21	+4.56
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	1.98	-1.22

Drawdowns

TECL vs. PTIR - Drawdown Comparison

The maximum TECL drawdown since its inception was -77.96%, which is greater than PTIR's maximum drawdown of -69.10%. Use the drawdown chart below to compare losses from any high point for TECL and PTIR.

Drawdown Indicators

	TECL	PTIR	Difference
Max Drawdown Largest peak-to-trough decline	-77.96%	-69.10%	-8.86%
Max Drawdown (1Y) Largest decline over 1 year	-46.58%	-68.11%	+21.53%
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	-2.99%	-62.92%	+59.93%
Average Drawdown Average peak-to-trough decline	-18.38%	-27.47%	+9.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.19%	39.55%	-23.36%

Volatility

TECL vs. PTIR - Volatility Comparison

The current volatility for Direxion Daily Technology Bull 3X Shares (TECL) is 20.70%, while GraniteShares 2x Long PLTR Daily ETF (PTIR) has a volatility of 36.75%. This indicates that TECL experiences smaller price fluctuations and is considered to be less risky than PTIR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TECL	PTIR	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.70%	36.75%	-16.05%
Volatility (6M) Calculated over the trailing 6-month period	49.83%	77.20%	-27.37%
Volatility (1Y) Calculated over the trailing 1-year period	62.17%	103.10%	-40.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	74.09%	129.58%	-55.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	72.35%	129.58%	-57.23%

TECL vs. PTIR - Expense Ratio Comparison

TECL has a 0.91% expense ratio, which is lower than PTIR's 1.15% expense ratio.

Dividends

TECL vs. PTIR - Dividend Comparison

TECL's dividend yield for the trailing twelve months is around 3.15%, less than PTIR's 10.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
PTIR GraniteShares 2x Long PLTR Daily ETF	10.80%	5.81%	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

Can I hold both TECL and PTIR in my portfolio?

TECL and PTIR have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TECL or PTIR?

PTIR has higher volatility (36.75%) compared to TECL (20.70%). In terms of maximum drawdown, TECL dropped -77.96% vs PTIR's -69.10%.

Which ETF is better, TECL or PTIR?

On 1-year performance, TECL leads with 267.85% vs -21.52% for PTIR. On fees, TECL is cheaper at 0.91% per year. On volatility, TECL has been the lower-risk option at 20.70%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TECL or PTIR?

Over the 1-year period, TECL has performed better with a 267.85% return vs -21.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TECL or PTIR?

TECL is cheaper with a 0.91% expense ratio, compared with 1.15% for PTIR.

Which ETF pays a higher dividend yield, TECL or PTIR?

PTIR has the higher dividend yield at 10.80%, compared with 3.15% for TECL.

What is the main difference between TECL and PTIR?

They also come from different issuers: Direxion and GraniteShares. Their fees differ too: 0.91% for TECL and 1.15% for PTIR.

Which has better risk-adjusted returns?

TECL currently has the higher Sharpe Ratio (4.35 vs -0.21), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.