TECL vs. UTSL
Compare and contrast key facts about Direxion Daily Technology Bull 3X Shares (TECL) and Direxion Daily Utilities Bull 3X Shares (UTSL).
TECL and UTSL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TECL is a passively managed fund by Direxion that tracks the performance of the Technology Select Sector Index (300%). It was launched on Dec 17, 2008. UTSL is a passively managed fund by Direxion that tracks the performance of the Utilities Select Sector Index (300%). It was launched on May 3, 2017. Both TECL and UTSL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
TECL vs. UTSL - Performance Comparison
Loading graphics...
TECL vs. UTSL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TECL Direxion Daily Technology Bull 3X Shares | -26.26% | 38.60% | 36.15% | 203.14% | -74.32% | 112.80% | 69.46% | 185.58% | -24.03% | 55.29% |
UTSL Direxion Daily Utilities Bull 3X Shares | 20.69% | 29.03% | 54.24% | -35.55% | -14.06% | 48.16% | -38.58% | 81.07% | -2.27% | 11.26% |
Returns By Period
In the year-to-date period, TECL achieves a -26.26% return, which is significantly lower than UTSL's 20.69% return.
TECL
- 1D
- 12.84%
- 1M
- -14.10%
- YTD
- -26.26%
- 6M
- -25.99%
- 1Y
- 57.56%
- 3Y*
- 35.75%
- 5Y*
- 16.44%
- 10Y*
- 37.20%
UTSL
- 1D
- -0.75%
- 1M
- -11.14%
- YTD
- 20.69%
- 6M
- 11.50%
- 1Y
- 42.18%
- 3Y*
- 21.90%
- 5Y*
- 13.39%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TECL vs. UTSL - Expense Ratio Comparison
TECL has a 1.08% expense ratio, which is higher than UTSL's 0.99% expense ratio.
Return for Risk
TECL vs. UTSL — Risk / Return Rank
TECL
UTSL
TECL vs. UTSL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Technology Bull 3X Shares (TECL) and Direxion Daily Utilities Bull 3X Shares (UTSL). 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 | UTSL | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.73 | 0.90 | -0.17 |
Sortino ratioReturn per unit of downside risk | 1.45 | 1.37 | +0.08 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.18 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.24 | 1.67 | -0.43 |
Martin ratioReturn relative to average drawdown | 3.49 | 3.80 | -0.31 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| TECL | UTSL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.73 | 0.90 | -0.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.22 | 0.26 | -0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.52 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.17 | +0.46 |
Correlation
The correlation between TECL and UTSL is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
TECL vs. UTSL - Dividend Comparison
TECL's dividend yield for the trailing twelve months is around 9.63%, more than UTSL's 1.51% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TECL Direxion Daily Technology Bull 3X Shares | 9.63% | 7.19% | 0.29% | 0.28% | 0.22% | 0.32% | 0.52% | 0.25% | 0.47% | 0.10% |
UTSL Direxion Daily Utilities Bull 3X Shares | 1.51% | 1.69% | 1.61% | 3.61% | 1.15% | 1.19% | 1.40% | 5.01% | 1.46% | 0.57% |
Drawdowns
TECL vs. UTSL - Drawdown Comparison
The maximum TECL drawdown since its inception was -77.96%, roughly equal to the maximum UTSL drawdown of -79.55%. Use the drawdown chart below to compare losses from any high point for TECL and UTSL.
Loading graphics...
Drawdown Indicators
| TECL | UTSL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.96% | -79.55% | +1.59% |
Max Drawdown (1Y)Largest decline over 1 year | -46.58% | -27.94% | -18.64% |
Max Drawdown (5Y)Largest decline over 5 years | -77.96% | -68.01% | -9.95% |
Max Drawdown (10Y)Largest decline over 10 years | -77.96% | — | — |
Current DrawdownCurrent decline from peak | -39.72% | -11.14% | -28.58% |
Average DrawdownAverage peak-to-trough decline | -18.48% | -33.61% | +15.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.58% | 12.30% | +4.28% |
Volatility
TECL vs. UTSL - Volatility Comparison
Direxion Daily Technology Bull 3X Shares (TECL) has a higher volatility of 24.14% compared to Direxion Daily Utilities Bull 3X Shares (UTSL) at 15.69%. This indicates that TECL's price experiences larger fluctuations and is considered to be riskier than UTSL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| TECL | UTSL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.14% | 15.69% | +8.45% |
Volatility (6M)Calculated over the trailing 6-month period | 49.30% | 31.12% | +18.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 79.75% | 47.20% | +32.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 73.54% | 51.60% | +21.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 71.84% | 59.39% | +12.45% |