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Direxion Daily Technology Bull 3X Shares (TECL)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US25459W1027

CUSIP

25459W102

Issuer

Direxion

Inception Date

Dec 17, 2008

Region

North America (U.S.)

Leveraged

3x

Index Tracked

Technology Select Sector Index (300%)

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Growth

Expense Ratio

TECL has a high expense ratio of 1.08%, indicating above-average management fees.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


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Returns By Period

Direxion Daily Technology Bull 3X Shares (TECL) returned -16.23% year-to-date (YTD) and -8.46% over the past 12 months. Over the past 10 years, TECL delivered an annualized return of 34.79%, outperforming the S&P 500 benchmark at 10.79%.


TECL

YTD

-16.23%

1M

53.57%

6M

-20.41%

1Y

-8.46%

5Y*

35.47%

10Y*

34.79%

^GSPC (Benchmark)

YTD

0.60%

1M

9.64%

6M

-0.54%

1Y

11.47%

5Y*

15.67%

10Y*

10.79%

*Annualized

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025-5.01%-8.93%-25.01%-5.77%37.04%-16.23%
20246.09%12.86%0.48%-18.16%20.52%23.32%-12.85%-1.89%5.12%-6.56%14.33%-3.12%36.14%
202327.74%-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%
202011.04%-22.66%-43.88%38.41%20.98%19.65%16.33%38.38%-18.43%-16.13%36.13%17.05%69.46%
201918.73%21.38%13.53%19.62%-25.23%27.90%9.34%-7.28%3.79%10.63%16.14%12.86%185.58%
201821.99%-4.14%-12.78%-1.43%20.57%-1.77%5.54%20.13%-0.98%-25.06%-8.29%-26.04%-24.03%
201710.87%13.98%6.08%5.69%11.57%-8.94%13.47%7.77%1.90%20.26%3.33%0.86%124.82%
2016-12.82%-2.87%27.82%-14.91%14.66%-5.24%22.08%3.55%5.29%-2.49%-0.40%5.98%37.09%
2015-10.85%25.12%-10.44%7.66%5.00%-12.29%7.77%-17.50%-5.97%33.94%1.42%-6.95%4.68%
2014-8.08%11.95%1.71%-0.21%11.41%5.76%4.45%9.80%-2.09%3.47%15.04%-7.32%52.47%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of TECL is 25, meaning it’s performing worse than 75% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of TECL is 2525
Overall Rank
The Sharpe Ratio Rank of TECL is 1313
Sharpe Ratio Rank
The Sortino Ratio Rank of TECL is 3939
Sortino Ratio Rank
The Omega Ratio Rank of TECL is 3939
Omega Ratio Rank
The Calmar Ratio Rank of TECL is 1717
Calmar Ratio Rank
The Martin Ratio Rank of TECL is 1616
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Direxion Daily Technology Bull 3X Shares (TECL) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Direxion Daily Technology Bull 3X Shares Sharpe ratios as of May 16, 2025 (values are recalculated daily):

  • 1-Year: -0.10
  • 5-Year: 0.47
  • 10-Year: 0.48
  • All Time: 0.61

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Direxion Daily Technology Bull 3X Shares compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History

Direxion Daily Technology Bull 3X Shares provided a 0.47% dividend yield over the last twelve months, with an annual payout of $0.36 per share. The fund has been increasing its distributions for 2 consecutive years.


0.10%0.20%0.30%0.40%0.50%$0.00$0.05$0.10$0.15$0.20$0.2520172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017
Dividend$0.36$0.26$0.19$0.05$0.28$0.21$0.06$0.04$0.01

Dividend yield

0.47%0.29%0.28%0.22%0.32%0.52%0.25%0.47%0.10%

Monthly Dividends

The table displays the monthly dividend distributions for Direxion Daily Technology Bull 3X Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.21$0.00$0.00$0.21
2024$0.00$0.00$0.11$0.00$0.00$0.10$0.00$0.00$0.00$0.00$0.00$0.05$0.26
2023$0.00$0.00$0.08$0.00$0.00$0.04$0.00$0.00$0.00$0.00$0.00$0.07$0.19
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.05$0.05
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.28$0.28
2020$0.00$0.00$0.02$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.19$0.21
2019$0.00$0.00$0.04$0.00$0.00$0.00$0.00$0.00$0.01$0.00$0.00$0.01$0.06
2018$0.00$0.00$0.00$0.00$0.00$0.03$0.00$0.00$0.01$0.00$0.00$0.00$0.04
2017$0.01$0.01

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Direxion Daily Technology Bull 3X Shares. 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 Direxion Daily Technology Bull 3X Shares was 77.96%, occurring on Oct 12, 2022. Recovery took 417 trading sessions.

The current Direxion Daily Technology Bull 3X Shares drawdown is 32.31%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-77.96%Dec 28, 2021200Oct 12, 2022417Jun 11, 2024617
-75.1%Feb 20, 202023Mar 23, 2020107Aug 24, 2020130
-66.58%Jul 11, 2024187Apr 8, 2025
-59.71%Oct 4, 201856Dec 24, 2018135Jul 10, 2019191
-52.21%Feb 9, 2011134Aug 19, 2011130Feb 27, 2012264

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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