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SPDN vs TECS

Direxion Daily S&P 500 Bear 1X Shares vs Direxion Daily Technology Bear 3X Shares

SPDN

Direxion Daily S&P 500 Bear 1X Shares

Direxion Funds

Annual cost

0.48%

Fund size

$219M

TECS

Direxion Daily Technology Bear 3X Shares

Direxion Funds

Annual cost

1.01%

Fund size

$80M

Key differences

  • SPDN costs 0.53% less per year.
  • Over the last 3 years, SPDN has delivered higher annualized returns.
  • TECS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SPDNTECS
Annual cost (TER)0.48%1.01%
Fund size (AUM)$219M$80M
Since20162008
Dividend yield3.94%5.67%
Asset classequityequity
Regionnorth americanorth america
Strategyinverseinverse
CAGR 1Y-18.4%-77.4%
CAGR 3Y-13.2%-64.6%
CAGR 5Y-9.3%-57.9%
Sharpe 3Y-1.11-1.17
Volatility 1Y12.30%61.39%
Max drawdown-75.08%-99.99%

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

Similar to SPDN and TECS