TECL vs. XOMX

Last updated Aug 4, 2026

TECL (Direxion Daily Technology Bull 3X Shares) and XOMX (Direxion Daily XOM Bull 2X Shares) are both Leveraged Equities funds from Direxion. TECL is passively managed, while XOMX is actively managed. Over the past year, TECL returned 99.73% vs 82.18% for XOMX. Their -0.17 correlation means they have often moved in opposite directions in the past. TECL charges 0.91%/yr vs 1.07%/yr for XOMX.

Performance

TECL vs. XOMX - Performance Comparison

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

Returns By Period

The year-to-date returns for both stocks are quite close, with TECL having a 54.56% return and XOMX slightly lower at 53.57%.

TECL

• 1D: 4.43%
• 1M: -7.18%
• 6M: 53.20%
• YTD: 54.56%
• 1Y: 99.73%
• 3Y*: 56.77%
• 5Y*: 25.61%
• 10Y*: 45.72%
• ALL TIME*: 46.97%

XOMX

• 1D: -0.74%
• 1M: 26.49%
• 6M: 17.82%
• YTD: 53.57%
• 1Y: 82.18%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 58.29%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
TECL Direxion Daily Technology Bull 3X Shares	$142.34M	$148.61M	$225.94M
XOMX Direxion Daily XOM Bull 2X Shares	$1.45M	$1.19M	$1.11M

TECL vs. XOMX - Yearly Performance Comparison

	2026 (YTD)	2025
TECL Direxion Daily Technology Bull 3X Shares	54.56%	192.89%
XOMX Direxion Daily XOM Bull 2X Shares	53.57%	17.15%

Correlation

The correlation between TECL and XOMX is -0.23, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.23
Correlation (All Time) Calculated using the full available price history since Apr 23, 2025	-0.17

TECL vs. XOMX - Sectors Allocation Comparison

Sectors	TECL	XOMX
Technology	99.2%	-
Communication Services	0.8%	-
Energy	0.0%	100.0%
Industrials	0.0%	-
Basic Materials	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

TECL vs. XOMX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TECL

TECL Risk / Return Rank: 52
TECL Sharpe Ratio Rank: 53
TECL Sortino Ratio Rank: 52
TECL Omega Ratio Rank: 51
TECL Calmar Ratio Rank: 60
TECL Martin Ratio Rank: 45

XOMX

XOMX Risk / Return Rank: 53
XOMX Sharpe Ratio Rank: 63
XOMX Sortino Ratio Rank: 54
XOMX Omega Ratio Rank: 54
XOMX Calmar Ratio Rank: 53
XOMX Martin Ratio Rank: 42

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TECL vs. XOMX - 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 XOM Bull 2X Shares (XOMX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	TECL	XOMX	Difference
Sharpe ratio: Return per unit of total volatility	1.32	1.65	-0.33
Sortino ratio: Return per unit of downside risk	1.87	2.11	-0.24
Omega ratio: Gain probability vs. loss probability	1.24	1.27	-0.03
Calmar ratio: Return relative to maximum drawdown	2.15	2.08	+0.07
Martin ratio: Return relative to average drawdown	5.10	5.01	+0.09

TECL vs. XOMX - Sharpe Ratio Comparison

The current TECL Sharpe Ratio is 1.32, which is comparable to the XOMX Sharpe Ratio of 1.65. The chart below compares the historical Sharpe Ratios of TECL and XOMX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TECL vs. XOMX - Drawdown Comparison

The maximum TECL drawdown since its inception was -77.96%, which is greater than XOMX's maximum drawdown of -39.64%. Use the drawdown chart below to compare losses from any high point for TECL and XOMX.

Drawdown Indicators

	TECL	XOMX	Difference
Max Drawdown Largest peak-to-trough decline	-77.96%	-39.64%	-38.32%
Max Drawdown (1Y) Largest decline over 1 year	-46.58%	-39.64%	-6.94%
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	-33.62%	-22.62%	-11.00%
Average Drawdown Average peak-to-trough decline	-18.45%	-10.82%	-7.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.63%	16.49%	+3.14%

Volatility

TECL vs. XOMX - Volatility Comparison

Direxion Daily Technology Bull 3X Shares (TECL) has a higher volatility of 27.41% compared to Direxion Daily XOM Bull 2X Shares (XOMX) at 14.90%. This indicates that TECL's price experiences larger fluctuations and is considered to be riskier than XOMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TECL	XOMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	27.41%	14.90%	+12.51%
Volatility (6M) Calculated over the trailing 6-month period	65.16%	42.17%	+22.99%
Volatility (1Y) Calculated over the trailing 1-year period	76.18%	50.13%	+26.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	76.67%	48.43%	+28.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	73.61%	48.43%	+25.18%

TECL vs. XOMX - Expense Ratio Comparison

TECL has a 0.91% expense ratio, which is lower than XOMX's 1.07% expense ratio.

Dividends

TECL vs. XOMX - Dividend Comparison

TECL's dividend yield for the trailing twelve months is around 4.61%, more than XOMX's 1.71% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
TECL Direxion Daily Technology Bull 3X Shares	4.61%	7.19%	0.29%	0.28%	0.22%	0.32%	0.52%	0.25%	0.47%	0.10%
XOMX Direxion Daily XOM Bull 2X Shares	1.71%	1.73%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TECL and XOMX in my portfolio?

TECL and XOMX have a correlation of -0.23, 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 XOMX?

TECL has higher volatility (27.41%) compared to XOMX (14.90%). In terms of maximum drawdown, TECL dropped -77.96% vs XOMX's -39.64%.

Which ETF is better, TECL or XOMX?

On 1-year performance, TECL leads with 99.73% vs 82.18% for XOMX. On fees, TECL is cheaper at 0.91% per year. On volatility, XOMX has been the lower-risk option at 14.90%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TECL or XOMX?

Over the 1-year period, TECL has performed better with a 99.73% return vs 82.18%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TECL or XOMX?

TECL is cheaper with a 0.91% expense ratio, compared with 1.07% for XOMX.

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

TECL has the higher dividend yield at 4.61%, compared with 1.71% for XOMX.

What is the main difference between TECL and XOMX?

Their fees differ too: 0.91% for TECL and 1.07% for XOMX.

Which has better risk-adjusted returns?

XOMX currently has the higher Sharpe Ratio (1.65 vs 1.32), 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.