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

Correlation

The correlation between TECL and ROM is 0.98, 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: 1.0

Performance

TECL vs. ROM - Performance Comparison

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

0.00%10,000.00%20,000.00%30,000.00%40,000.00%NovemberDecember2025FebruaryMarchApril
13,777.04%
5,888.07%
TECL
ROM

Key characteristics

Sharpe Ratio

TECL:

-0.65

ROM:

-0.61

Sortino Ratio

TECL:

-0.64

ROM:

-0.58

Omega Ratio

TECL:

0.92

ROM:

0.92

Calmar Ratio

TECL:

-0.77

ROM:

-0.67

Martin Ratio

TECL:

-2.18

ROM:

-2.20

Ulcer Index

TECL:

23.05%

ROM:

14.28%

Daily Std Dev

TECL:

76.87%

ROM:

51.88%

Max Drawdown

TECL:

-77.96%

ROM:

-83.36%

Current Drawdown

TECL:

-65.04%

ROM:

-46.58%

Returns By Period

In the year-to-date period, TECL achieves a -56.74% return, which is significantly lower than ROM's -40.97% return. Over the past 10 years, TECL has outperformed ROM with an annualized return of 27.66%, while ROM has yielded a comparatively lower 24.13% annualized return.


TECL

YTD

-56.74%

1M

-47.15%

6M

-54.82%

1Y

-47.85%

5Y*

31.62%

10Y*

27.66%

ROM

YTD

-40.97%

1M

-33.48%

6M

-38.38%

1Y

-29.17%

5Y*

26.85%

10Y*

24.13%

*Annualized

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TECL vs. ROM - Expense Ratio Comparison

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


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 ROM: 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%
ROM: 0.95%

Risk-Adjusted Performance

TECL vs. ROM — 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 33
Overall Rank
The Sharpe Ratio Rank of TECL is 44
Sharpe Ratio Rank
The Sortino Ratio Rank of TECL is 66
Sortino Ratio Rank
The Omega Ratio Rank of TECL is 55
Omega Ratio Rank
The Calmar Ratio Rank of TECL is 11
Calmar Ratio Rank
The Martin Ratio Rank of TECL is 11
Martin Ratio Rank

ROM
The Risk-Adjusted Performance Rank of ROM is 44
Overall Rank
The Sharpe Ratio Rank of ROM is 55
Sharpe Ratio Rank
The Sortino Ratio Rank of ROM is 77
Sortino Ratio Rank
The Omega Ratio Rank of ROM is 66
Omega Ratio Rank
The Calmar Ratio Rank of ROM is 22
Calmar Ratio Rank
The Martin Ratio Rank of ROM is 11
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. ROM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Technology Bull 3X Shares (TECL) and ProShares Ultra Technology (ROM). 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.


The chart of Sharpe ratio for TECL, currently valued at -0.65, compared to the broader market-1.000.001.002.003.004.005.00
TECL: -0.65
ROM: -0.61
The chart of Sortino ratio for TECL, currently valued at -0.64, compared to the broader market-2.000.002.004.006.008.0010.00
TECL: -0.64
ROM: -0.58
The chart of Omega ratio for TECL, currently valued at 0.92, compared to the broader market0.501.001.502.002.50
TECL: 0.92
ROM: 0.92
The chart of Calmar ratio for TECL, currently valued at -0.77, compared to the broader market0.005.0010.0015.00
TECL: -0.77
ROM: -0.67
The chart of Martin ratio for TECL, currently valued at -2.18, compared to the broader market0.0020.0040.0060.0080.00100.00
TECL: -2.18
ROM: -2.20

The current TECL Sharpe Ratio is -0.65, which is comparable to the ROM Sharpe Ratio of -0.61. The chart below compares the historical Sharpe Ratios of TECL and ROM, 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-0.500.000.501.001.502.00NovemberDecember2025FebruaryMarchApril
-0.65
-0.61
TECL
ROM

Dividends

TECL vs. ROM - Dividend Comparison

TECL's dividend yield for the trailing twelve months is around 0.91%, more than ROM's 0.37% yield.


TTM20242023202220212020201920182017201620152014
TECL
Direxion Daily Technology Bull 3X Shares
0.91%0.29%0.28%0.22%0.32%0.52%0.25%0.47%0.10%0.00%0.00%0.00%
ROM
ProShares Ultra Technology
0.37%0.21%0.01%0.00%0.00%0.05%0.16%0.30%0.08%0.20%0.12%0.24%

Drawdowns

TECL vs. ROM - Drawdown Comparison

The maximum TECL drawdown since its inception was -77.96%, smaller than the maximum ROM drawdown of -83.36%. Use the drawdown chart below to compare losses from any high point for TECL and ROM. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-65.04%
-46.58%
TECL
ROM

Volatility

TECL vs. ROM - Volatility Comparison

Direxion Daily Technology Bull 3X Shares (TECL) has a higher volatility of 37.93% compared to ProShares Ultra Technology (ROM) at 24.78%. This indicates that TECL's price experiences larger fluctuations and is considered to be riskier than ROM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%30.00%35.00%40.00%NovemberDecember2025FebruaryMarchApril
37.93%
24.78%
TECL
ROM