Direxion Daily Technology Bull 3X Shares (TECL)
TECL is a passive ETF by Direxion tracking the investment results of the Technology Select Sector Index (300%). TECL launched on Dec 17, 2008 and has a 1.08% expense ratio.
ETF Info
US25459W1027
25459W102
Dec 17, 2008
North America (U.S.)
3x
Technology Select Sector Index (300%)
Large-Cap
Growth
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Direxion Daily Technology Bull 3X Shares, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Direxion Daily Technology Bull 3X Shares had a return of 36.39% year-to-date (YTD) and 54.59% in the last 12 months. Over the past 10 years, Direxion Daily Technology Bull 3X Shares had an annualized return of 38.77%, outperforming the S&P 500 benchmark which had an annualized return of 11.13%.
TECL
36.39%
-3.29%
6.55%
54.59%
35.46%
38.77%
^GSPC (Benchmark)
24.05%
1.08%
11.50%
30.38%
13.77%
11.13%
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% | 5.12% | -6.56% | 36.39% | ||
| 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.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of TECL is 31, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
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.
Dividends
Dividend History
Direxion Daily Technology Bull 3X Shares provided a 0.31% dividend yield over the last twelve months, with an annual payout of $0.28 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.28 | $0.19 | $0.05 | $0.28 | $0.21 | $0.06 | $0.04 | $0.01 |
Dividend yield | 0.31% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | |
| 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.
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 19.04%.
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 Direxion Daily Technology Bull 3X Shares volatility is 19.07%, 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.