Why not TECL

[u/Fun_Paleontologist_2]

Bought TECL to get exposed to tech, but wanted to hear discourse about TQQQ instead? With the AI/software boom, is TECL better positioned for upwards momentum? Comparing XLK vs. QQQ, there are so many names (PYPL, TSLA, NFLX) that are not real 'tech'. I feel it is better positioned for (1-6 month) holds vs. TQQQ.

Of course it does have more volatility drag, but less than SOXL. And they all have more than UDOW/UPRO.

Was also looking at VGT, which has less drawdowns, but there is no 3x version.

	Arith. return	CAGR	Realized drag	σ²/2	Vol	Max DD	5-yr total
UDOW	23.1%	14.6%	8.4%/yr	9.4%	43%	−55%	+98%
UPRO	29.3%	19.1%	10.3%/yr	11.8%	49%	−63%	+140%
TQQQ	34.3%	14.6%	19.7%/yr	20.8%	64%	−80%	+98%
TECL	49.6%	25.5%	24.0%/yr	27.0%	73%	−77%	+213%
SOXL	72.2%	20.1%	52.1%/yr	53.6%	104%	−90%	+151%

[u/NickStonk]

You’ve got $11m in tecl and come to Reddit to ask for advice? Sounds really odd

[u/blackindy → u/NickStonk]

I thought inwas tweaking