Data as of .
ROM vs TECL: which held to its multiple?
Over three months against its own daily promise, ROM finished 1.2 points short and TECL 2.6 points short.
ETFIQ Decay Resistance Score: ROM scores higher
Did it keep up with its own daily multiple, compounded day by day?
A percentile among the 391 leveraged ETFs, long, over three months. It is a position in a set, not a rating, and neither end of it is a recommendation. All leveraged ETFs ranked by it · How it is computed
Performance, window by window
| Window | Total return | Multiple would give | Difference | |||
|---|---|---|---|---|---|---|
| ROM | TECL | ROM | TECL | ROM | TECL | |
| 1 month | −2.0% | −3.8% | −1.3% | −1.9% | −0.8 pts | −1.9 pts |
| 3 months | −0.1% | −4.3% | +3.3% | +5.0% | −3.4 pts | −9.3 pts |
| 6 months | +76.0% | +115.5% | +75.0% | +112.6% | +1.0 pts | +3.0 pts |
| 1 year | +71.2% | +98.1% | +78.4% | +117.6% | −7.2 pts | −19.5 pts |
| 3 years | +247.6% | +354.0% | not meaningful | not meaningful | not meaningful | not meaningful |
| Since launch | +8661.6% | +25453.5% | not meaningful | not meaningful | not meaningful | not meaningful |
| ROM ProShares Ultra Technology Aims to return twice the daily move of technology (XLK) | TECL Direxion Daily Technology Bull 3X ETF Aims to return three times the daily move of technology (XLK) | |
|---|---|---|
| Issuer | ProShares | Direxion |
| Sets out to return | +2x | +3x |
| On | XLK | XLK |
| Segment | sector | sector |
| Fund returned, 3 months | −0.1% | −4.3% |
| Underlying returned, 3 months | +1.7% | +1.7% |
| What the stated multiple implies, 3 months | +3.3% | +5.0% |
| Difference from stated, 3 months | −3.4 pts | −9.3 pts |
| Fund returned, 1 year or since launch | +71.2% | +98.1% |
| Difference from stated, over that window | −7.2 pts | −19.5 pts |
| Underlying volatility | 30% | 30% |
| Difference over the days both have traded | −3.4 pts | no shared window |
| Expense ratio | 0.95% | 0.87% |
| Launched | Jan 4, 2010 | Jan 4, 2010 |
ROM in plain words
Three months to Sep 11, 2026: ROM returned −0.1% where its own daily promise gave +1.1%, 1.2 points short. Read the multiple against the whole window instead and +2 times XLK's 1.7% implies +3.3%, which makes ROM look 3.4 points short. 2.3 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. ROM aims to return +2 times XLK's move each day, then resets. Over one day it does that. Over longer, the daily results compound, so the total is not +2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more. XLK moved at 30% annualized over that window. That is what decides how far the two figures separate: the same fund on a calm underlying and a violent one is a different product.
TECL in plain words
Three months to Sep 11, 2026: TECL returned −4.3% where its own daily promise gave −1.7%, 2.6 points short. Read the multiple against the whole window instead and +3 times XLK's 1.7% implies +5.0%, which makes TECL look 9.3 points short. 6.8 of that is daily compounding, which happens to any +3 times fund over the same path, and the rest is the fund. TECL aims to return +3 times XLK's move each day, then resets. Over longer, the daily results compound, so the total is not +3 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more.
Questions people ask
- Which came closer to its stated multiple, ROM or TECL?
- Over the window to Sep 11, 2026, ROM finished 3.4 points from what its multiple implies and TECL finished 9.3 points from its own, so ROM came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are ROM and TECL levered on the same thing?
- Yes. Both are levered on technology, ROM at +2 times and TECL at +3 times the daily move.
- Which one decays faster, ROM or TECL?
- Decay follows how much the underlying moves about. Over this window ROM’s moved at 30% annualized and TECL’s at 30%, so ROM has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold ROM or TECL for a year?
- Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.
- Which is cheaper, ROM or TECL?
- ROM charges 0.95% a year and TECL charges 0.87%, so TECL is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, ROM against TECL, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/ROM-TECL Free to use with attribution; the underlying files are at Open data.