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TECS vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TECS and VOO is -0.82. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.0
Correlation: -0.8

Performance

TECS vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Technology Bear 3X Shares (TECS) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

0.00%200.00%400.00%600.00%NovemberDecember2025FebruaryMarchApril
-99.99%
538.86%
TECS
VOO

Key characteristics

Sharpe Ratio

TECS:

-0.43

VOO:

0.50

Sortino Ratio

TECS:

-0.10

VOO:

0.82

Omega Ratio

TECS:

0.99

VOO:

1.12

Calmar Ratio

TECS:

-0.38

VOO:

0.51

Martin Ratio

TECS:

-0.96

VOO:

2.15

Ulcer Index

TECS:

39.23%

VOO:

4.46%

Daily Std Dev

TECS:

88.59%

VOO:

19.10%

Max Drawdown

TECS:

-100.00%

VOO:

-33.99%

Current Drawdown

TECS:

-99.99%

VOO:

-12.40%

Returns By Period

In the year-to-date period, TECS achieves a 22.45% return, which is significantly higher than VOO's -8.36% return. Over the past 10 years, TECS has underperformed VOO with an annualized return of -55.20%, while VOO has yielded a comparatively higher 11.74% annualized return.


TECS

YTD

22.45%

1M

6.57%

6M

14.93%

1Y

-33.28%

5Y*

-56.17%

10Y*

-55.20%

VOO

YTD

-8.36%

1M

-6.73%

6M

-6.76%

1Y

7.28%

5Y*

15.41%

10Y*

11.74%

*Annualized

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TECS vs. VOO - Expense Ratio Comparison

TECS has a 1.08% expense ratio, which is higher than VOO's 0.03% expense ratio.


Expense ratio chart for TECS: 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%
TECS: 1.08%
Expense ratio chart for VOO: current value is 0.03%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
VOO: 0.03%

Risk-Adjusted Performance

TECS vs. VOO — Risk-Adjusted Performance Rank

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

TECS
The Risk-Adjusted Performance Rank of TECS is 1212
Overall Rank
The Sharpe Ratio Rank of TECS is 88
Sharpe Ratio Rank
The Sortino Ratio Rank of TECS is 1818
Sortino Ratio Rank
The Omega Ratio Rank of TECS is 1818
Omega Ratio Rank
The Calmar Ratio Rank of TECS is 66
Calmar Ratio Rank
The Martin Ratio Rank of TECS is 1010
Martin Ratio Rank

VOO
The Risk-Adjusted Performance Rank of VOO is 6767
Overall Rank
The Sharpe Ratio Rank of VOO is 6565
Sharpe Ratio Rank
The Sortino Ratio Rank of VOO is 6565
Sortino Ratio Rank
The Omega Ratio Rank of VOO is 6767
Omega Ratio Rank
The Calmar Ratio Rank of VOO is 7070
Calmar Ratio Rank
The Martin Ratio Rank of VOO is 6868
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.

TECS vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Technology Bear 3X Shares (TECS) and Vanguard S&P 500 ETF (VOO). 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 TECS, currently valued at -0.43, compared to the broader market-1.000.001.002.003.004.00
TECS: -0.43
VOO: 0.50
The chart of Sortino ratio for TECS, currently valued at -0.10, compared to the broader market-2.000.002.004.006.008.00
TECS: -0.10
VOO: 0.82
The chart of Omega ratio for TECS, currently valued at 0.99, compared to the broader market0.501.001.502.00
TECS: 0.99
VOO: 1.12
The chart of Calmar ratio for TECS, currently valued at -0.38, compared to the broader market0.002.004.006.008.0010.0012.00
TECS: -0.38
VOO: 0.51
The chart of Martin ratio for TECS, currently valued at -0.96, compared to the broader market0.0020.0040.0060.00
TECS: -0.96
VOO: 2.15

The current TECS Sharpe Ratio is -0.43, which is lower than the VOO Sharpe Ratio of 0.50. The chart below compares the historical Sharpe Ratios of TECS and VOO, 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-1.000.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
-0.43
0.50
TECS
VOO

Dividends

TECS vs. VOO - Dividend Comparison

TECS's dividend yield for the trailing twelve months is around 4.08%, more than VOO's 1.42% yield.


TTM20242023202220212020201920182017201620152014
TECS
Direxion Daily Technology Bear 3X Shares
4.08%5.25%7.52%0.00%0.00%1.49%2.41%0.72%0.00%0.00%0.00%0.00%
VOO
Vanguard S&P 500 ETF
1.42%1.24%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%

Drawdowns

TECS vs. VOO - Drawdown Comparison

The maximum TECS drawdown since its inception was -100.00%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for TECS and VOO. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%NovemberDecember2025FebruaryMarchApril
-99.99%
-12.40%
TECS
VOO

Volatility

TECS vs. VOO - Volatility Comparison

Direxion Daily Technology Bear 3X Shares (TECS) has a higher volatility of 63.17% compared to Vanguard S&P 500 ETF (VOO) at 13.76%. This indicates that TECS's price experiences larger fluctuations and is considered to be riskier than VOO 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%50.00%60.00%NovemberDecember2025FebruaryMarchApril
63.17%
13.76%
TECS
VOO