WFH vs. TECL

Last updated Apr 2, 2026

Compare and contrast key facts about Direxion Work From Home ETF (WFH) and Direxion Daily Technology Bull 3X Shares (TECL).

WFH and TECL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WFH is a passively managed fund by Direxion that tracks the performance of the Solactive Remote Work Index. It was launched on Jun 25, 2020. TECL is a passively managed fund by Direxion that tracks the performance of the Technology Select Sector Index (300%). It was launched on Dec 17, 2008. Both WFH and TECL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

WFH vs. TECL - Performance Comparison

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

WFH vs. TECL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
WFH Direxion Work From Home ETF	0.00%	15.47%	18.55%	35.75%	-45.26%	10.77%	34.26%
TECL Direxion Daily Technology Bull 3X Shares	-23.03%	38.60%	36.15%	203.14%	-74.32%	112.80%	79.70%

Returns By Period

WFH

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

TECL

• 1D: 4.38%
• 1M: -11.82%
• YTD: -23.03%
• 6M: -24.85%
• 1Y: 61.22%
• 3Y*: 37.70%
• 5Y*: 17.45%
• 10Y*: 37.79%

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

WFH vs. TECL - Expense Ratio Comparison

WFH has a 0.45% expense ratio, which is lower than TECL's 1.08% expense ratio.

TECL

Direxion Daily Technology Bull 3X Shares

WFH

Direxion Work From Home ETF

Return for Risk

WFH 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: 48
TECL Sharpe Ratio Rank: 39
TECL Sortino Ratio Rank: 56
TECL Omega Ratio Rank: 53
TECL Calmar Ratio Rank: 52
TECL Martin Ratio Rank: 40

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.

WFH vs. TECL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Work From Home ETF (WFH) 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

	WFH	TECL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.77	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.24	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.53	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.63	—

Correlation

The correlation between WFH and TECL is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

WFH vs. TECL - Dividend Comparison

WFH's dividend yield for the trailing twelve months is around 0.91%, less than TECL's 9.23% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
WFH Direxion Work From Home ETF	0.91%	0.94%	0.50%	0.67%	0.42%	0.79%	0.86%	0.00%	0.00%	0.00%
TECL Direxion Daily Technology Bull 3X Shares	9.23%	7.19%	0.29%	0.28%	0.22%	0.32%	0.52%	0.25%	0.47%	0.10%

Drawdowns

Drawdown Indicators

	WFH	TECL	Difference
Max Drawdown Largest peak-to-trough decline	—	-77.96%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-46.58%	—
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	—	-37.08%	—
Average Drawdown Average peak-to-trough decline	—	-18.49%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	16.75%	—

Volatility

Volatility by Period

	WFH	TECL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	24.34%	—
Volatility (6M) Calculated over the trailing 6-month period	—	49.46%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	79.85%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	73.52%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	71.84%	—