TSLA vs. TECL
TSLA (Tesla, Inc.) is a stock, while TECL (Direxion Daily Technology Bull 3X Shares) is Leveraged Equities fund tracking the Technology Select Sector Index (300%). Over the past 10 years, TSLA returned 37.94%/yr vs 46.56%/yr for TECL. At a 0.47 correlation, their price movements are largely independent.
Performance
TSLA vs. TECL - Performance Comparison
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Returns By Period
In the year-to-date period, TSLA achieves a -17.82% return, which is significantly lower than TECL's 51.67% return. Over the past 10 years, TSLA has underperformed TECL with an annualized return of 37.94%, while TECL has yielded a comparatively higher 46.56% annualized return.
TSLA
- 1D
- -2.96%
- 1M
- -7.72%
- 6M
- -15.53%
- YTD
- -17.82%
- 1Y
- 12.11%
- 3Y*
- 12.43%
- 5Y*
- 11.09%
- 10Y*
- 37.94%
- ALL TIME*
- 42.40%
TECL
- 1D
- 0.12%
- 1M
- -24.73%
- 6M
- 47.64%
- YTD
- 51.67%
- 1Y
- 86.67%
- 3Y*
- 50.97%
- 5Y*
- 26.20%
- 10Y*
- 46.56%
- ALL TIME*
- 46.94%
TSLA vs. TECL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TSLA Tesla, Inc. | -17.82% | 11.36% | 62.52% | 101.72% | -65.03% | 49.76% | 743.44% | 25.70% | 6.89% | 45.70% |
TECL Direxion Daily Technology Bull 3X Shares | 51.67% | 38.60% | 36.15% | 203.14% | -74.32% | 112.80% | 69.46% | 185.58% | -24.03% | 124.82% |
Correlation
The correlation between TSLA and TECL is 0.55, 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 | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jun 29, 2010 | 0.47 |
The correlation between TSLA and TECL has been stable across timeframes, ranging from 0.47 to 0.56 - a consistent structural relationship.
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Return for Risk
TSLA vs. TECL — Risk / Return Rank
TSLA
TECL
TSLA vs. TECL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tesla, Inc. (TSLA) and Direxion Daily Technology Bull 3X Shares (TECL). 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.
| TSLA | TECL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.92 | ||
| Sortino ratioReturn per unit of downside risk | -1.03 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.22 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 0.41 | 1.87 | -1.46 |
| Martin ratioReturn relative to average drawdown | 0.87 | 4.75 | -3.88 |
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Drawdowns
TSLA vs. TECL - Drawdown Comparison
The maximum TSLA drawdown since its inception was -73.63%, smaller than the maximum TECL drawdown of -77.96%. Use the drawdown chart below to compare losses from any high point for TSLA and TECL.
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Drawdown Indicators
| TSLA | TECL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.63% | -77.96% | +4.33% |
Max Drawdown (1Y)Largest decline over 1 year | -29.93% | -46.58% | +16.65% |
Max Drawdown (3Y)Largest decline over 3 years | -53.77% | -66.58% | +12.81% |
Max Drawdown (5Y)Largest decline over 5 years | -73.63% | -77.96% | +4.33% |
Max Drawdown (10Y)Largest decline over 10 years | -73.63% | -77.96% | +4.33% |
Current DrawdownCurrent decline from peak | -24.56% | -34.86% | +10.30% |
Average DrawdownAverage peak-to-trough decline | -22.69% | -18.41% | -4.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.93% | 18.31% | -4.38% |
Volatility
TSLA vs. TECL - Volatility Comparison
The current volatility for Tesla, Inc. (TSLA) is 16.93%, while Direxion Daily Technology Bull 3X Shares (TECL) has a volatility of 28.79%. This indicates that TSLA experiences smaller price fluctuations and is considered to be less risky than TECL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSLA | TECL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.93% | 28.79% | -11.86% |
Volatility (6M)Calculated over the trailing 6-month period | 31.31% | 63.05% | -31.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.73% | 73.41% | -28.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.31% | 76.08% | -16.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.26% | 73.29% | -14.03% |
Dividends
TSLA vs. TECL - Dividend Comparison
TSLA has not paid dividends to shareholders, while TECL's dividend yield for the trailing twelve months is around 4.69%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
TECL Direxion Daily Technology Bull 3X Shares | 4.69% | 7.19% | 0.29% | 0.28% | 0.22% | 0.32% | 0.52% | 0.25% | 0.47% | 0.10% |
TSLA Tesla, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TSLA and TECL have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TECL has higher volatility (28.79%) compared to TSLA (16.93%). In terms of maximum drawdown, TSLA dropped -73.63% vs TECL's -77.96%.
TECL currently has the higher Sharpe Ratio (1.19 vs 0.27), 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.
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