- ISIN
- US25459W1027
- CUSIP
- 25459W102
- Issuer
- Direxion
- Inception Date
- Dec 17, 2008
- Region
- North America (U.S.)
- Category
- Leveraged Equities, Technology Equities
- Leveraged
- 3x
- Index Tracked
- Technology Select Sector Index (300%)
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $6B
Share Price Chart
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Performance
TECL Performance Chart
Direxion Daily Technology Bull 3X Shares (TECL) is up 83.6% since the beginning of the year. TECL is currently trading at $215 per share. Investors who bought $1,000 worth of TECL shares 5 years ago would now be looking at an investment worth $4,735.
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Returns By Period
Direxion Daily Technology Bull 3X Shares (TECL) has returned 83.60% so far this year and 177.82% over the past 12 months. Looking at the last ten years, TECL has achieved an annualized return of 51.70%, outperforming the S&P 500 Index benchmark, which averaged 13.61% per year.
Direxion Daily Technology Bull 3X Shares
- 1D
- 2.54%
- 1M
- 9.30%
- YTD
- 83.60%
- 6M
- 83.93%
- 1Y
- 177.82%
- 3Y*
- 65.24%
- 5Y*
- 36.48%
- 10Y*
- 51.70%
Benchmark (S&P 500 Index)
- 1D
- 0.50%
- 1M
- -0.17%
- YTD
- 8.56%
- 6M
- 8.85%
- 1Y
- 22.93%
- 3Y*
- 19.37%
- 5Y*
- 11.84%
- 10Y*
- 13.61%
TECL Monthly Returns History
Based on dividend-adjusted daily data since Dec 30, 2008, TECL's average daily return is +0.25%, while the average monthly return is +4.80%. At this rate, an investment would double in approximately 1.2 years.
Historically, 61% of months were positive and 39% were negative. The best month was Apr 2026 with a return of +69.0%, while the worst month was Mar 2020 at -43.9%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.
On a daily basis, TECL closed higher 56% of trading days. The best single day was Apr 9, 2025 with a return of +38.8%, while the worst single day was Mar 16, 2020 at -36.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.75% | -12.62% | -14.10% | 68.99% | 67.78% | -12.18% | 83.60% | ||||||
| 2025 | -5.01% | -8.93% | -25.01% | -5.77% | 29.94% | 30.83% | 10.14% | -1.77% | 22.83% | 18.65% | -15.90% | 0.58% | 38.60% |
| 2024 | 6.09% | 12.86% | 0.48% | -18.16% | 20.52% | 23.32% | -12.85% | -1.89% | 5.12% | -6.56% | 14.33% | -3.12% | 36.15% |
| 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% |
Benchmark Metrics
Direxion Daily Technology Bull 3X Shares has an annualized alpha of 16.28%, beta of 3.37, and R2 of 0.83 versus S&P 500 Index. Calculated based on daily prices since December 30, 2008.
- This ETF captured 610.35% of S&P 500 Index gains and 222.87% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- This ETF generated an annualized alpha of 16.28% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 3.37 means this ETF moves significantly more than S&P 500 Index - expect amplified gains in rallies and amplified losses in downturns.
- Alpha
- 16.28%
- Beta
- 3.37
- R²
- 0.83
- Upside Capture
- 610.35%
- Downside Capture
- 222.87%
Expense Ratio
TECL has an expense ratio of 0.91%, placing it in the medium range.
Return for Risk
Risk / Return Rank
TECL ranks 74 for risk / return — better than 74% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Direxion Daily Technology Bull 3X Shares (TECL) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TECL | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.80 | ||
| Sortino ratioReturn per unit of downside risk | +0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.34 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.84 | 2.53 | +1.31 |
| Martin ratioReturn relative to average drawdown | 10.73 | 11.37 | -0.64 |
Dividends
Dividend History
Direxion Daily Technology Bull 3X Shares provided a 3.87% dividend yield over the last twelve months, with an annual payout of $8.34 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $8.34 | $8.45 | $0.26 | $0.19 | $0.05 | $0.28 | $0.21 | $0.06 | $0.04 | $0.01 |
Dividend yield | 3.87% | 7.19% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.00 | $0.10 | ||||||
| 2025 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $8.04 | $8.45 |
| 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 |
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 14, 2022. Recovery took 415 trading sessions.
The current Direxion Daily Technology Bull 3X Shares drawdown is 21.15%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -77.96%Oct 2022 | 9mo 20d | 1y 8mo | 2y 5moDec 2021 - Jun 2024 |
COVID crash2020 | -75.10%Mar 2020 | 1mo 2d | 5mo 4d | 6mo 6dFeb 2020 - Aug 2020 |
2025 selloff2025 | -66.58%Apr 2025 | 9mo 1d | 5mo 10d | 1y 2moJul 2024 - Sep 2025 |
Rate-hike selloffLate 2018 | -59.71%Dec 2018 | 2mo 21d | 6mo 18d | 9mo 9dOct 2018 - Jul 2019 |
2011 bear market2011 | -52.21%Aug 2011 | 6mo 11d | 6mo 12d | 1y 18dFeb 2011 - Feb 2012 |
Drawdown Indicators
| TECL | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.96% | -56.78% | -21.18% |
Max Drawdown (1Y)Largest decline over 1 year | -46.58% | -9.10% | -37.48% |
Max Drawdown (3Y)Largest decline over 3 years | -66.58% | -18.90% | -47.68% |
Max Drawdown (5Y)Largest decline over 5 years | -77.96% | -25.43% | -52.53% |
Max Drawdown (10Y)Largest decline over 10 years | -77.96% | -33.92% | -44.04% |
Current DrawdownCurrent decline from peak | -21.15% | -2.34% | -18.81% |
Average DrawdownAverage peak-to-trough decline | -18.38% | -10.72% | -7.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.64% | 2.02% | +14.62% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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