TECL vs TMF

Comparison between DIREXION DAILY TECHNOLOGY BULL 3X SHARES (TECL, ETF) and DIREXION DAILY 20+ YEAR TREASURY BULL 3X SHARES (TMF, ETF).

5-Year PerformanceTECL has outperformed TMF, delivering a return of +34.8% compared to -30.0%

TECL vs TMF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TECL(ETF)	TMF(ETF)
Net Assets	$3B	$3B
Max Drawdown	77.96%	93.33%
Sharpe Ratio	2.26	-0.21
5Y Beta	4.20	0.19
P/E Ratio	38.87	N/A
Forward P/E	23.14	N/A
PEG Ratio	0.46	N/A
5Y Dividends CAGR	109.97%	-26.36%
5Y EPS CAGR	33.74%	N/A
Debt to Equity	5.52%	N/A
P/S Ratio	7.33	N/A
P/B Ratio	10.17	N/A

Net Assets

TECL

$3B

TMF

$3B

Max Drawdown

Winner

TECL

77.96%

TMF

93.33%

Sharpe Ratio

Winner

TECL

2.26

TMF

-0.21

5Y Beta

TECL

4.20

Winner

TMF

0.19

P/E Ratio

TECL

38.87

TMF

N/A

Forward P/E

TECL

23.14

TMF

N/A

PEG Ratio

TECL

0.46

TMF

N/A

5Y Dividends CAGR

Winner

TECL

109.97%

TMF

-26.36%

5Y EPS CAGR

TECL

33.74%

TMF

N/A

Debt to Equity

TECL

5.52%

TMF

N/A

P/S Ratio

TECL

7.33

TMF

N/A

P/B Ratio

TECL

10.17

TMF

N/A

TECL vs TMF - Holdings Comparison

TECL and TMF have 0 common holdings. Overlap is 0.00%

TECL's top 25 holdings weight is 101.02%. TMF's top 25 holdings weight is 77.07%.

Rank	TECL	TMF
#1	TECHNOLOGY SELECT SECTOR INDEX SWAP (n/a) - 17.82%	ISHARES 20& YEAR TREASURY BOND ETF (TLT) - 69.74%
#2	DREYFUS GOVT CASH MAN INS (n/a) - 13.18%	GOLDMAN SACHS FS TREASURY INTMS INSTL (FTIXX) - 7.33%
#3	NVIDIA CORP (NVDA) - 9.94%	N/A
#4	DREYFUS TRSRY SECURITIES CASH MGMT (n/a) - 9.08%	N/A
#5	JP MORGAN 100 US TRSY CAPITAL 3163 (n/a) - 8.30%	N/A
#6	APPLE INC (AAPL) - 8.11%	N/A
#7	MICROSOFT CORP (MSFT) - 6.28%	N/A
#8	BROADCOM INC (AVGO) - 3.83%	N/A
#9	GOLDMAN FINL SQ TRSRY INST 506 (n/a) - 2.61%	N/A
#10	MICRON TECHNOLOGY INC (MU) - 2.49%	N/A
#11	ADVANCED MICRO DEVICES INC (AMD) - 2.21%	N/A
#12	CISCO SYSTEMS INC (CSCO) - 1.71%	N/A
#13	n/a (PLTR) - 1.64%	N/A
#14	LAM RESEARCH CORP (LRCX) - 1.62%	N/A
#15	APPLIED MATERIALS INC (AMAT) - 1.53%	N/A
#16	INTEL CORP (INTC) - 1.52%	N/A
#17	ORACLE CORP (ORCL) - 1.48%	N/A
#18	INTERNATIONAL BUSINESS MACHINES CORP (IBM) - 1.17%	N/A
#19	KLA CORP (KLAC) - 1.17%	N/A
#20	TEXAS INSTRUMENTS INC (TXN) - 1.05%	N/A
#21	AMPHENOL CORP CLASS A (APH) - 0.93%	N/A
#22	ANALOG DEVICES INC (ADI) - 0.92%	N/A
#23	SALESFORCE INC (CRM) - 0.86%	N/A
#24	ARISTA NETWORKS INC (ANET) - 0.85%	N/A
#25	QUALCOMM INC (QCOM) - 0.72%	N/A
Total Holdings	79	2

TECL vs TMF - Historical Returns

Returns include dividend reinvestment.

Period	TECL	TMF
1 month	+85.52%	-2.95%
3 months	+71.68%	-4.91%
6 months	+58.90%	-11.01%
1 year	+236.12%	-3.60%
5 years(CAGR)	+34.82%	-30.02%
10 years(CAGR)	+51.34%	-15.93%
Max(CAGR)	+47.81%	-5.96%

Winner

TECL

+85.52%

TMF

-2.95%

Winner

TECL

+71.68%

TMF

-4.91%

Winner

TECL

+58.90%

TMF

-11.01%

Winner

TECL

+236.12%

TMF

-3.60%

5Y(CAGR)

Winner

TECL

+34.82%

TMF

-30.02%

10Y(CAGR)

Winner

TECL

+51.34%

TMF

-15.93%

Max(CAGR)

Winner

TECL

+47.81%

TMF

-5.96%

TECL vs TMF - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	TECL	TMF
2026	+63.59%	-3.47%
2025	+39.31%	-3.69%
2024	+47.45%	-34.61%
2023	+211.87%	-17.42%
2022	-75.03%	-70.36%
2021	+124.10%	-19.51%
2020	+60.42%	+34.34%
2019	+185.47%	+32.62%
2018	-26.75%	-7.97%
2017	+118.52%	+21.53%
2016	+43.09%	-5.33%
2015	+4.98%	-16.30%
2014	+57.29%	+95.37%
2013	+71.94%	-36.52%
2012	+27.56%	+5.23%
2011	-20.54%	+112.97%
2010	+25.97%	+16.06%
2009	+203.21%	-39.24%
2008	+3.46%	N/A

TECL vs TMF Drawdown Comparison

The maximum drawdown for TECL was -77.96%, occurring on Oct 12, 2022. Recovery took 617 trading sessions.

The maximum drawdown for TMF was -92.61%, occurring on May 21, 2025. This drawdown has not yet recovered.

The current TMF drawdown is -92.06%.

Rank	TECL	TMF
#1	-77.96% Dec 27, 2021 - Jun 11, 2024	-92.61% Mar 9, 2020 - May 21, 2025
#2	-75.10% Feb 19, 2020 - Aug 24, 2020	-53.33% Jul 25, 2012 - Jan 5, 2015
#3	-66.59% Jul 10, 2024 - Sep 15, 2025	-51.11% Jul 8, 2016 - Aug 12, 2019
#4	-59.71% Oct 3, 2018 - Jul 10, 2019	-46.17% Aug 26, 2010 - Aug 10, 2011
#5	-52.20% Feb 8, 2011 - Feb 27, 2012	-44.57% Apr 20, 2009 - Aug 19, 2010
#6	-51.85% Jan 6, 2009 - Apr 9, 2009	-42.46% Jan 30, 2015 - Jun 27, 2016
#7	-46.63% Oct 29, 2025 - Apr 24, 2026	-30.94% Oct 3, 2011 - May 30, 2012
#8	-46.08% Apr 23, 2010 - Dec 10, 2010	-24.59% Aug 28, 2019 - Feb 24, 2020
#9	-37.69% Apr 2, 2012 - Sep 18, 2013	-14.95% Aug 10, 2011 - Aug 18, 2011
#10	-37.06% Sep 2, 2020 - Dec 28, 2020	-14.23% Sep 22, 2011 - Oct 3, 2011
#11	-36.67% May 27, 2015 - Nov 4, 2015	-12.90% Aug 19, 2011 - Sep 2, 2011
#12	-35.79% Dec 4, 2015 - Jul 14, 2016	-12.78% Jun 1, 2012 - Jul 23, 2012
#13	-28.88% Jan 4, 2010 - Mar 23, 2010	-7.46% Aug 15, 2019 - Aug 27, 2019
#14	-28.08% Jan 26, 2018 - Mar 9, 2018	-6.18% Sep 12, 2011 - Sep 19, 2011
#15	-27.06% Mar 12, 2018 - Jun 4, 2018	-5.52% Sep 6, 2011 - Sep 9, 2011

Correlation

Correlation between TECL and TMF is -0.30 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.30

-101

Dividend Comparison (2009 - 2026)

TECL vs TMF dividend yield comparison.

Year	TECL	TMF
2026	0.05%	0.62%
2025	7.19%	4.06%
2024	0.29%	4.29%
2023	0.28%	2.82%
2022	0.22%	1.62%
2021	0.32%	0.13%
2020	0.52%	2.24%
2019	0.25%	0.94%
2018	0.47%	1.49%
2017	0.10%	0.41%
2013	0.00%	0.57%
2012	0.00%	0.17%
2011	2.30%	0.70%
2010	12.26%	5.12%
2009	14.61%	15.58%