BTEK vs. TECL

Last updated Jun 6, 2026

BTEK (Future Tech ETF) and TECL (Direxion Daily Technology Bull 3X Shares) are both exchange-traded funds - BTEK is a Technology Equities fund actively managed by BlackRock, while TECL is a Leveraged Equities fund tracking the Technology Select Sector Index (300%). BTEK is actively managed, while TECL is passively managed. BTEK charges 0.88%/yr vs 0.91%/yr for TECL.

Performance

BTEK vs. TECL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Future Tech ETF (BTEK) and Direxion Daily Technology Bull 3X Shares (TECL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BTEK

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TECL

• 1D: -19.93%
• 1M: 15.09%
• YTD: 72.61%
• 6M: 62.00%
• 1Y: 182.62%
• 3Y*: 66.22%
• 5Y*: 35.93%
• 10Y*: 50.09%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BTEK vs. TECL - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BTEK Future Tech ETF	0.00%	0.00%	0.00%
TECL Direxion Daily Technology Bull 3X Shares	72.61%	38.60%	15.54%

BTEK vs. TECL - Sectors Allocation Comparison

Sectors	BTEK	TECL
Technology	79.0%	20.4%
Communication Services	9.2%	-
Industrials	7.4%	0.0%
Consumer Cyclical	4.4%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	0.0%
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

BTEK vs. TECL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TECL

TECL Risk / Return Rank: 70
TECL Sharpe Ratio Rank: 87
TECL Sortino Ratio Rank: 59
TECL Omega Ratio Rank: 63
TECL Calmar Ratio Rank: 79
TECL Martin Ratio Rank: 64

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BTEK vs. TECL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Future Tech ETF (BTEK) and Direxion Daily Technology Bull 3X Shares (TECL). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BTEK	TECL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.80	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.48	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.69	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.73	—

Drawdowns

Drawdown Indicators

	BTEK	TECL	Difference
Max Drawdown Largest peak-to-trough decline	—	-77.96%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-46.58%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-66.58%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-77.96%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-77.96%	—
Current Drawdown Current decline from peak	—	-25.87%	—
Average Drawdown Average peak-to-trough decline	—	-18.38%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	16.27%	—

Volatility

Volatility by Period

	BTEK	TECL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	31.75%	—
Volatility (6M) Calculated over the trailing 6-month period	—	55.01%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	65.56%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	74.60%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	72.63%	—

BTEK vs. TECL - Expense Ratio Comparison

BTEK has a 0.88% expense ratio, which is lower than TECL's 0.91% expense ratio.

Dividends

BTEK vs. TECL - Dividend Comparison

BTEK has not paid dividends to shareholders, while TECL's dividend yield for the trailing twelve months is around 4.12%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BTEK Future Tech ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TECL Direxion Daily Technology Bull 3X Shares	4.12%	7.19%	0.29%	0.28%	0.22%	0.32%	0.52%	0.25%	0.47%	0.10%

Frequently Asked Questions

Which ETF is better, BTEK or TECL?

On fees, BTEK is cheaper at 0.88% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BTEK or TECL?

BTEK is cheaper with a 0.88% expense ratio, compared with 0.91% for TECL.

Which ETF pays a higher dividend yield, BTEK or TECL?

TECL has the higher dividend yield at 4.12%, compared with 0.00% for BTEK.

What is the main difference between BTEK and TECL?

BTEK is categorized as Technology Equities, while TECL is Leveraged Equities. They also come from different issuers: BlackRock and Direxion. Their fees differ too: 0.88% for BTEK and 0.91% for TECL.