TECL
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
TECL Direxion Daily Technology Bull 3X Shares | Leveraged Equities, Leveraged | 100% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in TECL, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Quarterly
The earliest data available for this chart is Dec 17, 2008, corresponding to the inception date of TECL
Returns By Period
As of Sep 19, 2024, the TECL returned 17.23% Year-To-Date and 37.77% of annualized return in the last 10 years.
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 17.79% | 0.18% | 7.53% | 26.42% | 13.48% | 10.85% |
| TECL | 17.23% | -11.94% | -4.97% | 71.99% | 36.98% | 38.09% |
| Portfolio components: | ||||||
TECL Direxion Daily Technology Bull 3X Shares | 17.23% | -11.94% | -4.97% | 71.99% | 36.98% | 38.09% |
Monthly Returns
The table below presents the monthly returns of TECL, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 6.09% | 12.86% | 0.48% | -18.16% | 20.52% | 23.32% | -12.85% | -1.89% | 17.23% | ||||
| 2023 | 27.74% | -0.89% | 33.20% | -1.86% | 26.42% | 17.19% | 6.37% | -6.79% | -19.55% | -1.69% | 41.22% | 11.64% | 203.14% |
| 2022 | -20.76% | -16.10% | 7.17% | -31.84% | -6.57% | -28.26% | 42.86% | -19.38% | -33.56% | 19.74% | 14.42% | -24.75% | -74.32% |
| 2021 | -3.88% | 2.97% | 2.69% | 15.56% | -4.13% | 21.49% | 11.40% | 10.51% | -17.28% | 25.46% | 12.89% | 7.84% | 112.80% |
| 2020 | 11.04% | -22.66% | -43.88% | 38.41% | 20.98% | 19.65% | 16.33% | 38.38% | -18.43% | -16.13% | 36.13% | 17.05% | 69.46% |
| 2019 | 18.73% | 21.38% | 13.53% | 19.62% | -25.23% | 27.90% | 9.34% | -7.28% | 3.80% | 10.63% | 16.14% | 12.86% | 185.57% |
| 2018 | 21.99% | -4.14% | -12.78% | -1.43% | 20.57% | -1.77% | 5.54% | 20.13% | -0.98% | -25.06% | -8.29% | -26.03% | -24.02% |
| 2017 | 10.87% | 13.98% | 6.08% | 5.69% | 11.58% | -8.94% | 13.47% | 7.77% | 1.90% | 20.26% | 3.33% | 0.86% | 124.82% |
| 2016 | -12.82% | -2.87% | 27.81% | -14.91% | 14.66% | -5.24% | 22.08% | 3.55% | 5.30% | -2.49% | -0.40% | 5.98% | 37.08% |
| 2015 | -10.85% | 25.13% | -10.44% | 7.66% | 5.00% | -12.29% | 7.78% | -17.50% | -5.97% | 33.93% | 1.43% | -6.95% | 4.68% |
| 2014 | -8.08% | 11.95% | 1.72% | -0.21% | 11.41% | 5.76% | 4.45% | 9.81% | -2.09% | 3.47% | 15.03% | -7.32% | 52.46% |
| 2013 | 3.98% | 1.83% | 7.67% | 4.19% | 8.28% | -9.18% | 11.42% | -3.55% | 7.53% | 15.11% | 9.27% | 10.33% | 87.35% |
Expense Ratio
TECL has a high expense ratio of 1.08%, indicating higher-than-average management fees. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of TECL is 12, indicating that it is in the bottom 12% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. 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.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
TECL Direxion Daily Technology Bull 3X Shares | 1.00 | 1.55 | 1.20 | 1.13 | 4.34 |
Dividends
Dividend yield
TECL granted a 0.36% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
| TECL | 0.36% | 0.28% | 0.22% | 0.32% | 0.52% | 0.25% | 0.47% | 0.10% |
| Portfolio components: | ||||||||
TECL Direxion Daily Technology Bull 3X Shares | 0.36% | 0.28% | 0.22% | 0.32% | 0.52% | 0.25% | 0.47% | 0.10% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the TECL. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the TECL was 77.96%, occurring on Oct 12, 2022. Recovery took 417 trading sessions.
The current TECL drawdown is 30.42%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -77.96% | Dec 28, 2021 | 200 | Oct 12, 2022 | 417 | Jun 11, 2024 | 617 |
| -75.1% | Feb 20, 2020 | 23 | Mar 23, 2020 | 107 | Aug 24, 2020 | 130 |
| -59.71% | Oct 4, 2018 | 56 | Dec 24, 2018 | 135 | Jul 10, 2019 | 191 |
| -52.21% | Feb 9, 2011 | 134 | Aug 19, 2011 | 130 | Feb 27, 2012 | 264 |
| -51.87% | Jan 7, 2009 | 42 | Mar 9, 2009 | 23 | Apr 9, 2009 | 65 |
Volatility
Volatility Chart
The current TECL volatility is 24.11%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.