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LABU vs TECL

Direxion Daily S&P Biotech Bull 3X Shares vs Direxion Daily Technology Bull 3X Shares

LABU

Direxion Daily S&P Biotech Bull 3X Shares

Direxion Funds

Annual cost

0.96%

Fund size

$528M

TECL

Direxion Daily Technology Bull 3X Shares

Direxion Funds

Annual cost

0.87%

Fund size

$4.8B

Key differences

  • TECL costs 0.09% less per year.
  • TECL is significantly larger than LABU — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, TECL has delivered higher annualized returns.
  • TECL has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

LABUTECL
Annual cost (TER)0.96%0.87%
Fund size (AUM)$528M$4.8B
Since20152008
Dividend yield0.69%5.71%
Asset classequityequity
Regionnorth americanorth america
Strategyleveragedleveraged
CAGR 1Y+246.3%+213.8%
CAGR 3Y+10.2%+79.2%
CAGR 5Y-32.0%+39.5%
Sharpe 3Y0.481.13
Volatility 1Y75.02%61.27%
Max drawdown-98.96%-77.96%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to LABU and TECL